Fukoku Co. Ltd. has posted its business results for the first three quarters of fiscal 2021. The rubber auto parts manufacturer posted sales for the period coming to 54.15 billion yen ($468.84 million), while operating profit came to 1.81 billion yen. Looking on a per-segment basis, Fukoku’s Functional Parts Business generated sales of 24.13 billion yen, up 21.5 percent year-on-year,...
News
Carbon Black Demand Expected to Rise 6.4% for 2022
Japan’s Carbon Black Association has released a forecast of the country’s carbon black demand for 2022, including exports. This points to total demand in the market increasing 6.4 percent year-on-year to 757,840 tons. Looking at carbon black demand for rubber applications specifically, the Carbon Black Association has projected demand growth of 6.8 percent year-on-year to 667,486 tons, including exports. This...
Fuji Latex Posts April–December Business Results, Including Strong Sales for Condoms
Fuji Latex Co. Ltd. (TYO:4199) has posted its business results for the first three quarters of fiscal 2021, revealing sales of 6.14 billion yen ($53.19 million), an operating profit of 647 million yen, an ordinary profit of 616 million yen and a net profit of 353 million yen. Looking at these figures on a per-segment basis, the company’s health care...
Sumitomo Rubber to Launch Aftermarket EV Tire in China Starting April
Sumitomo Rubber Industries Ltd. (TYO:5110) is planning to introduce its Dunlop e. Sport Maxx – the company’s first aftermarket tire for electric vehicles (EVs) – to the Chinese market, where demand for EVs is booming. The e. Sport Maxx is slated for an early launch in China this April. Then in 2023, Sumitomo Rubber is planning a European launch for...
Tokai Carbon Posts 40% Sales Growth for Carbon Black Business
Tokai Carbon Co. Ltd. (TYO:5301) has posted its full-year business results for 2021, revealing a significant improvement from the previous year. Company-wide sales reached 258.87 billion yen ($2.24 billion), up 28.4 percent year-on-year; operating income was 24.65 billion yen, up 213.6 percent; ordinary income was 24.77 billion yen, up 295.5 percent; and net income was 16.11 billion yen, up from...
Goodyear Japan Announces Domestic Launch of Two New High-Performance Tires
Nippon Goodyear KK has announced the domestic launch of two new Goodyear tires: the Eagle F1 Supersport, an ultrahigh-performance tire, and the EfficientGrip Performance 2, a high-performance comfort tire. Sales of the Eagle F1 SuperSport are set to begin on March 1, with the tire being offered in a total of 20 sizes ranging 18–21 inches. The EfficientGrip Performance 2...
