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Sumitomo Rubber Develops Sustainable Office Equipment Rubber Rollers

on June 5, 2025 in Industry

Sumitomo Rubber and Sumitomo Osaka Cement have successfully developed rubber rollers for office automation (OA) equipment using CO2-recycled artificial limestone. The product incorporates a synthetic rubber compound that replaces conventional limestone with CO2-recycled artificial limestone, produced by mineralizing CO2 into calcium sources from waste materials. This marks the first joint effort by Sumitomo Rubber Industries and Sumitomo Osaka Cement to...

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Fukoku Achieves Record-High Sales: FY Results

on June 4, 2025 in Industry

Fukoku’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 89.66 billion yen ($627.53 million), up 0.9% year-on-year, operating profit of 4.72 billion yen, up 29.4%, ordinary profit of 4.57 billion yen, up 11.6%, and net profit of 2.93 billion yen, down 3.9%. “Sales revenue grew despite sluggish automotive production, driven by strong sales in...

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Mitsuboshi Belting’s FY Results: Record-High Sales and Net Profit for Third Consecutive Year

on June 3, 2025 in Industry

Mitsuboshi Belting’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 90.51 billion yen ($632.90 million), up 7.7% year-on-year, operating profit of 8.93 billion yen, up 15.1%, ordinary profit of 9.15 billion yen, down 4.7%, and net profit of 9.06 billion yen, up 27.6%. Sales revenue reached a record high, while net profit marked a...

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Shanghai Natural Rubber Futures Listed on Osaka Exchange: Yen-Based, Cash-Settled for Price Hedging

on June 2, 2025 in Industry

On May 26, natural rubber traded on the Shanghai Futures Exchange was listed on the Osaka Exchange, with a listing ceremony held in the atrium of the Osaka Securities Exchange building. Five global rubber futures exchanges exist: the Osaka Exchange (RSS3, TSR20), Shanghai Futures Exchange (RSS3, synthetic rubber), Shanghai International Energy Exchange (TSR20), Thailand Futures Exchange (RSS3, RSS3D), and Singapore...

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Bando Chemical Posts Record-High Sales Revenue, Core Operating Profit

on May 30, 2025 in Products

Bando Chemical, a manufacturer of conveyor and transmission belts, reported its performance under IFRS for the fical year ended March 31, 2025, with sales revenue of 115.59 billion yen ($793.23 million), up 6.8% from the previous year, core operating profit of 7.74 billion yen, up 2.1%, and net profit of 1.50 billion yen, down 75.8%. “Sales revenue and core operating...

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Ube Provides Update on 2030 Plan, Launches Bio-Based Butadiene Rubber Supply This Year

on May 29, 2025 in Materials

Ube held a briefing on its medium-term management plan, “Ube Vision 2030 Transformation-2nd Stage,” covering fiscal years 2025 to 2030. “Considering the promotion of basic business structure reforms, specialization, digital transformation (DX), and corporate culture reform, we need to establish a solid six-year plan and execute it steadily,” Ube said, extending the plan’s duration from the previous three years to...

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