Tosoh reported for the first half (April-September) of the fiscal year ending March 31, 2025, net sales of 527.62 billion yen ($3.43 billion), up 8.6% year-on-year; operating income of 47.39 billion yen, up 47.6%; ordinary income of 45.11 billion yen, up 1.6%; and net income of 24.94 billion yen, down 6.6%. Among the segments, the petrochemical business posted sales of...
Materials
Ube Says Sales up, Profits Down in First Half
Ube announced its business results for the first half (April-September) of the fiscal year ending March 2025, with net sales of 243.04 billion yen ($1.58 billion), up 11.4% year-on-year; operating income of 6.05 billion yen, up 15.9%; ordinary income of 1,90 billion yen, down 83.2%; and net income of 318 million yen, down 96.5%. Sales in the Resins & Plastics...
Asahi Kasei Records Higher Sales and Profits in First Half
Asahi Kasei reported that its sales for the first half (April-September) of the fiscal year ending March 2025 totaled 1.49 trillion yen ($9.68 billion), up 10.7% year-on-year; operating income was 108.92 billion yen, up 94.9%; ordinary income was 103.71 billion yen, up 99.2%; and net income was 60.25 billion yen, up 95.3%. The environmental solutions business in the materials segment,...
Zeon Posts First Half Results, Elastomer Materials Business Increases Sales and Profit
Zeon reported a 15.0% year-on-year increase in net sales to 213.35 billion yen ($1.38 billion), a 77.6% rise in operating income to 16.80 billion yen, a 42.6% increase in ordinary income to 18.59 billion yen, and an 18.7% rise in net income to 12.30 billion yen in the first half (April-September) of the fiscal year ending March 2025. In the...
Toyoda Gosei Doubles Rubber Recycling Capacity
Toyoda Gosei has doubled the production capacity of the recycling process at its Morimachi Plant in Shizuoka Prefecture in order to accelerate resource recycling of rubber used in automobiles. In the automotive industry, while recycling of resources such as steel and plastics is progressing, rubber products are difficult to recycle and most of them are incinerated. The company has been...
Kuraray Raises Prices of Septon and Other Elastomers
Kuraray will raise the prices of its hydrogenated styrenic thermoplastic elastomers Septon and Hybrar as well as TU polymers globally, beginning with shipments on October 15. The price increase is $0.22 per kilogram. Regarding the price increase, the company said, “The increase in costs for the subject products, including key raw materials, utility and logistics costs, and repair costs, is...