JSR Corp. (TYO:4185) recently posted results showing a year-on-year decrease to sales and profits for the first quarter of fiscal 2019. Overall, the company achieved sales revenue of 119.5 billion yen ($1.13 billion) for the quarter, down 2.3 percent from the same quarter last year; operating profit of 10.04 billion yen, down 12.6 percent; and net profit of 7.29 billion...
Tosoh Corp. (TYO:4042) is looking to bolster its production capacity for Skyprene, the company’s brand of chloroprene rubber (CR). Targeting a 4,000-ton increase to its annual CR production capacity, Tosoh will remove facility bottlenecks at its Nanyo Complex in Shunan, Yamaguchi Prefecture. These efforts will require an investment of around 5 billion yen ($47.05 million) and bring the company’s total...
Mitsui Chemicals Inc. (TYO:4183) recently announced its support of the White Logistics Movement, an initiative put forward by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Ministry of Economy, Trade and Industry (METI) and Ministry of Agriculture, Forestry and Fisheries (MAFF). To go along with its support here, Mitsui Chemicals has drafted up a list of relevant independent activities...
Tokyo Zairyo Co. Ltd., a raw materials trading firm operating as part of the Zeon Group, recently posted a mixed bag of results for fiscal 2018. The company’s sales for the year fell 0.2 percent year-on-year to end at 93.12 billion yen ($863.67 million), with ordinary profit up 3.6 percent to 2.06 billion yen and net profit down 6.8 percent...
Zeon Corp. (TYO:4205) commented recently on its outlook for fiscal 2019, saying that the year will be one requiring patience. Following from this, the company intends to focus on development and gain a better understanding of customers’ real needs, rolling this approach out as a global policy for the fiscal year. While the ongoing U.S.–China trade war does not have...
Keeper Co. Ltd., a manufacturer of rubber auto parts, has developed electromagnetic shielding materials from rubber. The company has high hopes for the commercialization of these going forward. With regard to applications for the new materials, Keeper is envisaging use in the likes of advanced driver assistance systems (ADAS) and electronic toll collection (ETC) systems. A particular merit of the...
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