Toyoda Gosei’s financial performance for the fiscal year ending March 2025 (April 2024-March 2025) under International Financial Reporting Standards recorded revenue of 1,059.80 billion yen ($7.25 billion), down 1.1% from the previous year, operating profit of 59.84 billion yen, down 11.6%, and net profit of 36.33 billion yen, down 29.4%. Factors affecting operating profit included profit increases from cost improvements...
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Zeon to Increase Production of Retardation Film for Large-Screen LCD TVs
Chemical company and synthetic rubber manufacturer Zeon has decided to expand its production line for retardation films used in large-screen LCD TVs at its Himi Futagami Plant in Himi City, Toyama Prefecture. The expansion will increase the company’s production capacity for TV retardation films by approximately 20%, reaching 264 million square meters annually. Construction of the new line will begin...
Sumitomo Riko Develops Monilife Wellness Sleep Analysis Service
Sumitomo Riko, a leading manufacturer of rubber products such as anti-vibration rubber, has developed a vital sensor called Monilife Wellness, which will be used in a sleep analysis and health checkup service set to launch in Tokyo. The service is a collaboration between Nine Hours, a capsule hotel operator offering sleep analysis services, and Kinki Health Management Center (KKC), which...
Sumitomo Rubber Completes Transaction to Acquire Dunlop Trademark Rights from Goodyear
Sumitomo Rubber announced on May 8 that it completed on May 7 the acquisition of the Dunlop trademark and other rights for four-wheel tires in Europe, North America, and Oceania from The Goodyear Tire & Rubber Company. Sumitomo Rubber paid $631 million for the trademark and contractual rights, as well as transition support costs related to the transition of Dunlop...
Yokohama Rubber Launches Eco Flame Retardant Conveyor Belt
Yokohama Rubber has launched the Flame Guard Eco conveyor belt, an energy-saving enhancement to its well-received Flame Guard series of flame-retardant conveyor belts. Developed for coal transport lines in ports and thermal power plants where flame-retardant belts are required for fire prevention, Flame Guard Eco leverages technology from Yokohama Rubber’s Ecotex belt, which boasts world-class energy efficiency. Optimized rubber compounding...
Mitsuboshi Belting Introduces New e-Power NX at Webinar
Mitsuboshi Belting held a webinar to introduce its new and improved energy-saving V-belt, e-Power NX, providing a detailed explanation and implementation benefits of the new product launched on April 1. The company’s e-Power series is a power transmission belt that achieves energy savings by reducing power loss during belt operation. The e-Power NX is positioned as the highest-grade product in...