Okamoto reported a 3.4% year-on-year rise in sales to 26.07 billion yen ($177.21 million), a 10.7% rise in operating income to 2.54 billion yen, a 9.7% rise in ordinary income to 3.59 billion yen, and a 19.3% decline in net income to 2.21 billion yen for the first quarter of the fiscal year ending March 31, 2025. By segment, sales...
NOK’s first quarter results (April-June 2024) for the fiscal year ending March 31, 2025 were as follows: Net sales of 188.17 billion yen ($1.28 billion), up 14.8% year-on-year; operating income of 5.65 billion yen (vs. a loss of 1.23 billion yen in the same period of the previous year); ordinary income of 12.04 billion yen, up 86.8%; and net income...
The next-generation all-season tire Synchro Weather launched by Sumitomo Rubber has been receiving a great response. The tire uses a dealer certification system to prevent sales that do not meet the needs of customers and to deepen customers’ understanding of the tire’s performance. “We are aware of the high level of interest,” company president Satoru Yamamoto, said. “The goal is...
Bridgestone will invest approximately 25 billion yen ($170 million) in its Kitakyushu Plant, a production base for tires for mining and construction vehicles, to renovate existing facilities. The investment is a strategic investment based on the medium-term business plan running through 2026 to achieve long-term aspirations for 2030, focusing on improving quality rather than expanding quantity, and strengthening the mining...
Zeon Corporation, which recently announced its plan to shut down 60% of its synthetic rubber production facilities at its Tokuyama Plant from fiscal 2026 onward, has decided to restructure its portfolio, including the construction of a new cyclo-olefin polymer (COP) plant. To learn more about these plans, Japan Rubber Weekly sat down with Kazuyoshi Matsuura, director and senior corporate officer,...
Asahi Kasei reported a 13% year-on-year increase in sales to 736 billion yen ($5.01 billion), a 129% increase in operating income to 49.87 billion yen, a 151% increase in ordinary income to 53.72 billion yen, and a 256% increase in net income to 34.1 billion yen for the first quarter (April-June) of the fiscal year ending March 31, 2025. The...
