Sumitomo Riko held an inauguration ceremony for its new chemical products plant at the Komaki Plant in Komaki City, Aichi Prefecture. The new facility, named the SG Building (Sumitomo Riko Green Transformation Building), began phased operations in August and is scheduled to be fully operational by December. The plant was constructed as part of a broader renewal project at the...
Sumitomo Rubber has announced the opening of a new research hub, the Sumitomo Rubber Innovation Base Sapporo, within the Data-Driven Research and Development Organization for Future Creation (D-RED) of Hokkaido University’s Institute for the Promotion of Business-Regional Collaboration. At this new hub, Sumitomo Rubber, with expertise in rubber and advanced material R&D, will collaborate with Hokkaido University, known for its...
The Ministry of Economy, Trade and Industry (METI) announced on August 15 the production and sales results of rubber products for June and for the January–June 2025 period. Total sales for the first half of the year reached 1.31 trillion yen ($8.89 billion), up 5.2% from the same period last year. By category, automotive tires recorded 740.06 billion yen, a...
Fukoku reported its financial results for the first quarter of the fiscal year ending March 31, 2026. Net sales reached 22.72 billion yen ($154.71 million), up 2.2% year-on-year, while operating profit rose slightly to 1 billion yen, a 2.1% increase. Ordinary profit fell sharply to 917 million yen, down 28.8%, and net profit decreased 33.2% to 493 million yen. By...
Fuji Latex announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025), reporting net sales of 1.73 billion yen ($11.78 million), down 4.9% year-on-year. Operating profit rose sharply to 163 million yen, a 72.2% increase, while ordinary profit reached 148 million yen, up 45.0% year-on-year. However, the company posted a net loss...
Nitta announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025), reporting net sales of 21.63 billion yen ($147.29 million), essentially unchanged from the same period last year. Operating income fell 5.7% to 1.10 billion yen, ordinary income declined 11.9% to 3.17 billion yen, and net income decreased 9.0% to 2.74 billion...
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