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Nitta Reports Lower Profit on Stable Sales: First Quarter Results

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...

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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,...

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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...

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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...

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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%...

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