Navigation

Materials

Mitsufuku Industry’s Compound Business for Specialty Rubber Shows Strong Profit Growth

on August 9, 2017 in Materials

Carbon masterbatch (CMB) manufacturer Mitsufuku Industry Co. Ltd. has seen its profit grow steadily, despite unchanging sales. Mitsufuku Industry’s fluororubber business has shown a solid performance on the back of annually growing demand for fluororubber triggered by downsizing of engines and other trends. The company is focusing on launching its fourth factory in Fukushima Prefecture to finalize compounds for olefin-based...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Nippon Valqua Industries’ Q1 Sales and Profit Rise on High-Tech Sector’s Robust Demand

on August 9, 2017 in Materials

Sealing material manufacturer Nippon Valqua Industries Ltd. (TYO:7995) has reported that sales rose 13.4 percent year-on-year to 11.77 billion yen ($106.7 million) and operating profit surged 74 percent to 1.51 billion yen for the first quarter ended June 30, 2017 of the fiscal year ending March 31, 2018. Ordinary profit was 1.54 billion yen, up 113.1 percent, and net income...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Sumitomo Riko Changes Names of Overseas Subsidiaries to Promote Company Brand

on August 8, 2017 in Materials

Sumitomo Riko Co. Ltd. (TYO:5191) has mostly completed changing the names of the group companies it acquired in 2013 – German-based automotive anti-vibration rubber products manufacturer Anvis Group GmbH, now SumiRiko AVS Holding Germany GmbH, and Italian-based automotive hose manufacturer Dytech-Dynamic Fluid Technologies SpA, now SumiRiko Italy SpA. Sumitomo Riko began carrying out the name changes, which are included in...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

NOK Sees Sales Increase 12% in Q1

on August 4, 2017 in Materials

NOK Corp. (TYO:7240), a major manufacturer of oil seals, posted first quarter sales of 164.91 billion yen ($1.49 billion) for April–June, representing a year-on-year increase of 12.8 percent. NOK’s operating profit for the first quarter was 6.04 billion yen compared to 3.77 billion yen for the same period of the previous year. Ordinary income was 9.87 billion yen, representing a...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Shin-Etsu Polymer Achieves Strong First Quarter Results

on August 2, 2017 in Materials

Plastics processing company Shin-Etsu Polymer Co. Ltd. (TYO:7970) achieved net sales of 18.98 billion yen ($172.27 million) for the first quarter of fiscal 2018 (April–June 2017), up 5.8 percent year-on-year. Shin-Etsu Polymer’s operating income for the first quarter of fiscal 2018 was 1.68 billion yen, up 2.3 percent year on year. The company achieved an ordinary income of 1.85 billion...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Nitta Holds Completion Ceremony for Second US Factory

on July 31, 2017 in Materials

Nitta Corp. (TYO:5186) hosted a completion ceremony on July 11 for its consolidated U.S. subsidiary Nitta Corporation of America (NCA)’s second factory in Georgia, construction for which began in March 2016. The ceremony was attended by Nitta’s President Motonobu Nitta, Consul General of Japan in Atlanta Takashi Shinozuka, Chairman of Forsyth County Board of Commissioners Todd Levent and NCA’s employees....

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading