The 19 listed rubber-related companies reported solid results for the fiscal year ended March 31, 2025, with net sales and operating income up from the previous year, and net income almost unchanged. Belts performed well, especially overseas, and many auto parts companies, which had experienced sluggish growth in automobile production, were able to increase profits by shifting prices and implementing...
Industry
Sumitomo Riko Launches New Energy-Saving Window Film
Sumitomo Riko has released a new window insulation film, Refleshine SEF25, with enhanced heat-blocking and insulating properties compared to its predecessor. The SEF25 film builds on Sumitomo Riko’s expertise in polymer materials, using uniformly coated and layered optical thin films to ensure durability, heat rejection, and insulation. Compared to the previous TW36A model, the shading coefficient, a measure of heat-blocking...
Sumitomo Rubber Develops Sustainable Office Equipment Rubber Rollers
Sumitomo Rubber and Sumitomo Osaka Cement have successfully developed rubber rollers for office automation (OA) equipment using CO2-recycled artificial limestone. The product incorporates a synthetic rubber compound that replaces conventional limestone with CO2-recycled artificial limestone, produced by mineralizing CO2 into calcium sources from waste materials. This marks the first joint effort by Sumitomo Rubber Industries and Sumitomo Osaka Cement to...
Fukoku Achieves Record-High Sales: FY Results
Fukoku’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 89.66 billion yen ($627.53 million), up 0.9% year-on-year, operating profit of 4.72 billion yen, up 29.4%, ordinary profit of 4.57 billion yen, up 11.6%, and net profit of 2.93 billion yen, down 3.9%. “Sales revenue grew despite sluggish automotive production, driven by strong sales in...
Mitsuboshi Belting’s FY Results: Record-High Sales and Net Profit for Third Consecutive Year
Mitsuboshi Belting’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 90.51 billion yen ($632.90 million), up 7.7% year-on-year, operating profit of 8.93 billion yen, up 15.1%, ordinary profit of 9.15 billion yen, down 4.7%, and net profit of 9.06 billion yen, up 27.6%. Sales revenue reached a record high, while net profit marked a...
Shanghai Natural Rubber Futures Listed on Osaka Exchange: Yen-Based, Cash-Settled for Price Hedging
On May 26, natural rubber traded on the Shanghai Futures Exchange was listed on the Osaka Exchange, with a listing ceremony held in the atrium of the Osaka Securities Exchange building. Five global rubber futures exchanges exist: the Osaka Exchange (RSS3, TSR20), Shanghai Futures Exchange (RSS3, synthetic rubber), Shanghai International Energy Exchange (TSR20), Thailand Futures Exchange (RSS3, RSS3D), and Singapore...