Nitta announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025), reporting net sales of 21.63 billion yen ($147.29 million), essentially unchanged from the same period last year. Operating income fell 5.7% to 1.10 billion yen, ordinary income declined 11.9% to 3.17 billion yen, and net income decreased 9.0% to 2.74 billion...
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Denka Sees Operating Profit Decline in First Quarter: Financial Results
Denka announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025). Consolidated net sales came in at 94.07 billion yen ($640.58 million), down 1.2% year-on-year. Operating profit declined 51.2% to 2.30 billion yen, and ordinary profit fell 53.7% to 1.67 billion yen. Net profit, however, surged 122.2% to 5.00 billion yen, largely...
Sales Up 4% in First Quarter: Tigers Polymer
Tigers Polymer announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025). Consolidated net sales rose 3.6% year-on-year to 12.32 billion yen ($83.89 million). Operating profit surged 29.4% to 916 million yen, while ordinary profit fell 13.2% to 995 million yen. Net profit edged up 0.8% to 733 million yen. By segment,...
Bridgestone and ispace Sign Agreement on Lunar Rover Tire Development
Bridgestone and ispace, a space startup engaged in lunar resource development, have signed a basic agreement to pursue the commercialization of tires for small and medium-sized lunar rovers. Under the agreement, the two companies will collaborate to enhance the performance of ispace’s small and medium-sized lunar rover prototypes by equipping them with elastic lunar rover tires developed by Bridgestone. These...
Bridgestone and Cebu Pacific Launch New Aircraft Tire Tracking Solution
Bridgestone has partnered with Cebu Pacific Air, one of the Philippines’ largest airlines, to launch a new solution aimed at improving the efficiency of aircraft tire inventory management. The service, which began in April, utilizes Bridgestone’s proprietary tire tracking system easytrack, combining two-dimensional (2D) codes and a smartphone application. This marks the first time Bridgestone has officially implemented the service...
Sumitomo Rubber Posts Lower Sales and Profit in First Half
Sumitomo Rubber posted a decline in both sales and profit for the first half of the fiscal year ending December 31, 2025, but said its shift toward a more premium product mix continued to make progress. For the January–June period, revenue under IFRS came to 572.19 billion yen ($3.88 billion), down 2.5% from a year earlier. Business profit dropped 33.1%...