The conveyor belt business is recovering thanks to a turnaround in domestic demand for conveyor production and a 40 percent jump in exports to Australia. Meanwhile, soaring raw material costs are hurting the industry’s bottom line. Production volume figures for January through August compiled by the Japan Belting Manufacturers Association show that output has recovered on a year-on-year basis to...
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Bridgestone’s Foamed Rubber Technology Driving Force Behind Blizzak Studless Tires
Bridgestone Corp.’s (TYO:5108) Blizzak studless tires have for the 16th consecutive year been the most popular tire choice for passenger cars in five major cities within the Hokkaido and Northern Tohoku regions, which see heavy snowfall. The tires possess overwhelming market strength in these cities, where they are installed on approximately half of all passenger cars. At the core of...
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K. Brasch Demonstrates REP Rubber Injection Molding Machine for Small Parts
K. Brasch & Co. Ltd., the Japanese agent for French-based REP International, recently began exhibiting a demonstration model of REP’s Microject rubber injection molding machine. The machine, which is designed for molding small parts, was installed at K. Brasch’s Oshiage Office in Sumida Ward, Tokyo. In addition to demonstrating the Microject at its office, K. Brasch exhibited the machine at...
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Nitta’s Revenue and Profit Jump in First Half on Strong Semiconductor Products Demand
Nitta Corp. (TYO:5186) has reported a surge in revenue and profit for the first half of the fiscal year ending March 31, 2018. Sales rose to 36.48 billion yen ($319.79 million), up 14 percent from the same period last year, and net profit jumped 25.5 percent to 4.88 billion yen. Meanwhile, operating profit was up 15.2 percent at 2.87 billion...
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Zeon Targets Self-Driving Vehicles With New Resin for Sensor Lenses
Zeon Corp. (TYO:4205) recently launched Zeonex T62R, a new heat-resistant cyclo-olefin polymer (COP) resin. The product is intended for use in the lenses of automotive sensing cameras, for which heat-resistant materials are in high demand, and is expected to be adopted as a replacement for glass. While sensing cameras are used in high temperature environments for long periods of time,...
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JSR Medium-Term Earnings Report: Major Gains in Revenue, Profit, S-SBR Sales Volume
JSR Corp. (TYO:4185) posted sales of 203.54 billion yen ($1.78 billion) in sales for the April–September first fiscal half, up 11.7 percent from the year-earlier period, and operating profit of 23.37 billion yen, up 56.3 percent on the year. Net profit was reported up 53.6 percent on the year to 17.97 billion yen. The report, conforming to International Financial Reporting...
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