Kuraray announced results for the first half of fiscal year ending December 31, 2025. Consolidated net sales came to 399.95 billion yen ($2.70 billion), down 2.7% year on year. Operating income fell 42.2% to 26.26 billion yen, ordinary income dropped 51.7% to ¥21.28 billion, and net income declined 53.9% to 14.04 billion yen. In segment performance, the isoprene business recorded...
The Japan Belting Industry Association recently announced the sales breakdown by end-use industry for conveyor belts and resin belts during the first half of 2025 (January–June). For conveyor belts, Japanese domestic sales accounted for 85.8% of the total on a value basis, down 7% year on year. Exports made up 14.2% of the total, but sales dropped sharply, down 59%...
For the fiscal year ending March 31, 2025, Odaka Rubber Industries posted higher sales and profits compared with the previous year. Although sales of winding cores for film products were sluggish, sales of rolls for steelmaking—accounting for about 70% of total revenue—remained firm. The steady replacement of existing products with higher-value-added alternatives drove operating profit growth of roughly 15%. Despite...
In an interview with Tomio Ueno, President of Bando Chemical, we discussed the company’s current business performance, the progress of its medium- to long-term management plan Creating New Value for the Future 1st Stage (CV-1), and the status of its overseas production bases. Regarding the situation overseas, Ueno explained that market conditions in Asia vary by country and timing. India,...
Sumitomo Rubber will accelerate the rollout of its Dunlop brand tire products in Europe, North America, and Australia. Since dissolving its global alliance with Goodyear in 2015, the company had been unable to use the Dunlop brand in those regions and instead focused on expanding the Falken brand. However, in May 2025, Sumitomo Rubber acquired the Dunlop trademark rights for...
Michelin has been acknowledged twice consecutively by the German Automobile Association (ADAC) for its outstanding performance in reducing tire wear particulate emissions generated from tire-road friction. ADAC is known for its rigorous testing standards. The latest study evaluated 160 types of tires from various manufacturers, including summer, all-season, and winter tires. Michelin’s tires produced 26% less tire wear particulate compared...
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