Fukoku, a leading manufacturer of automotive rubber parts, posted sales of 44.59 billion yen ($289.88 million), up 3.8% year-on-year, operating income of 2.06 billion yen, up 94.5%, ordinary income of 2.22 billion yen, up 59.8%, and net income of 1.54 billion yen, up 47.2% in the first half (April to September) of the fiscal year ending March 31, 2025. “Net...
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Bando Chemical Posts First Half Results
Bando Chemical announced that for the first half (April to September) of the fiscal year ending March 31, 2025, sales revenue was 58.10 billion yen ($377.63 million), up 7.7% year-on-year; core operating income was 4.12 billion yen, up 9.3%; and net income was 3.30 billion yen, down 10.2%. “Sales and operating income increased, but net income decreased due to a...
Yokohama Rubber Develops Image Processing Method for Rubber Material Electron Microscope Images
Yokohama Rubber, the University of Tsukuba, and the Japan Science and Technology Agency (JST) have developed a new image processing method to clearly visualize the internal nanoscale structure of rubber materials. Conventional electron microscope images are noisy and obscure the outline of the interior of rubber, but the new method clearly captures the network structure of reticular molecules and quantifies...
Resonac Sees Significant Recovery in Semiconductor and Electronics Materials
Resonac Holdings announced for the first nine months (January-September) of the current fiscal year net sales of 1.028 trillion yen ($6.65 bilion), up 9.0% year-on-year, operating income of 58.89 billion yen (4.39 billion yen loss in the same period of the previous year), ordinary income of 46.5 billion yen (7.15 billion yen loss in the same period of the previous...
Bando Chemical Enters Strategic Partnership with Canadian Startup
Bando Chemical has signed a strategic partnership agreement with Canadian based Inmotive in two-speed transmissions for electric two-wheelers and three-wheelers. Inmotive’s vision is to accelerate the global evolution of affordable zero-emission mobility and play a key role in mitigating climate change. The company is a start-up company developing the two-speed transmission Ingear, which is expected to extend cruising range through...
Sumitomo Rubber Posts Record Revenues and Business Profit: 9M Results
Sumitomo Rubber reported its results for the nine months (January-September) of the fiscal year ending December 31, 2024, with sales revenue of 874.94 billion yen ($5.64 billion), up 2.8% year-on-year; business profit of 61.51 billion yen, up 46.6%; and net income of 4.05 billion yen, down 85.1%. Sales revenue and business profit reached record highs for the same period. Net...