Toyoda Gosei Co. Ltd. (TYO:7282) has revealed a promising set of business results for the first half of fiscal 2021. Sales revenue here came to 387.36 billion yen ($3.4 billion), up 25.2 percent year-on-year; operating profit to 12.99 billion yen, up 187.8 percent; and net profit to 9.03 billion yen, up 162.6 percent. For Japan specifically, the figures were 195.17...
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Zeon Corp. (TYO:4205) has posted its business results for fiscal 2020, revealing sales revenue of 301.96 billion yen ($2.77 billion), down 6.2 percent year on year, and an operating income of 33.41 billion yen, up 28 percent. Speaking at the results briefing, company director Kazuyoshi Matsuura said that with customer industries having made a recovery in recent months, the January–April...
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Toyoda Gosei Co. Ltd. (TYO:7282) has reported its business results for fiscal 2020 and announced its projections for fiscal 2021. The company’s results for last fiscal year saw sales revenue fall 11.2 percent year-on-year to 721.5 billion yen ($6.61 billion), while operating profit rose 103.9 percent to 36.48 billion yen and net profit rose 213.6 percent to 35.21 billion yen....
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JSR Corp. (TYO:4185) has announced its earnings forecast for fiscal 2021. The synthetic rubber manufacturer projects that it will be able to generate 468 billion yen ($4.28 billion) in sales revenue, up 4.8 percent year-on-year; 53 billion yen in core operating profit, up 104.1 percent; and 32 billion yen in net profit, a major turnaround from the 55.2 billion yen...
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Ethylene propylene diene monomer (EPDM) rubber is seeing a rise in its overseas market prices. The increase here has been driven by a wide range of factors, including supply–demand tightness, U.S.–China tensions, the recent U.S. cold snap and the global shortage of shipping containers. The U.S., for its part, is not only facing a tight supply–demand balance for domestic EPDM...
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Toyoda Gosei Co. Ltd. (TYO:7282) has formulated what it is calling Targets 50 & 50, a medium- to long-term plan aimed at reducing CO2 emissions. The company has also set CO2 reduction targets for 2025 as part of its 7th Environmental Action Plan, looking through this to speed up its efforts toward decarbonization. Toyoda Gosei’s previous efforts toward carbon neutrality...
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