Bando Chemical reported steady growth in its transmission belt-related segments for the fiscal year ended March 31, 2025. In the automotive parts segment, the company posted revenue of 58.05 billion yen ($399.12 million), up 9.0% year-on-year, with segment operating profit rising 19.1% to 4.89 billion yen. In Japan, despite a decrease in overall vehicle production, sales of auxiliary drive belts...
Mitsuboshi Belting reported increased sales in its power transmission belt business for the fiscal year ending March 2025, driven by strong domestic and international performance. In Japan, demand in the automotive aftermarket—especially for replacement belts for trucks—was robust, while the industrial machinery sector saw growth due to increased production among manufacturers of injection molding machines and robots. Internationally, the automotive...
Totaku Industries, a manufacturer and distributor of flexible hoses and pipes based in Osaka, will change its name to Nagase RooTAC effective November 1. Despite the rebranding, the company’s headquarters address, phone number, product names, business operations, and existing brands—such as Totaku—will remain unchanged. The decision to rename the company is part of a broader initiative to strengthen synergies within...
Denka has achieved the highest A-rank rating for the fourth consecutive year in the Japan Refrigerant and Environment Conservation Organization’s (JRECO) 4th Fluorocarbon Measures Rating, which evaluates efforts toward compliance with the Fluorocarbon Emissions Control Law. The rating assesses publicly available information on fluorocarbon measures from 1,641 companies listed on the Tokyo Stock Exchange Prime Market. JRECO independently evaluates companies’...
Toyota Gosei has collaborated with KNOT, a bouldering gym located in Nagoya’s Endoji shopping district near Nagoya Station, to launch an outdoor pouch made from hard-to-recycle airbag fabric and seatbelt scraps. The pouch is designed to hold small items such as bouldering chalk, mobile batteries, or makeup supplies, making it suitable as a bag-in-bag accessory. The silicone-coated airbag fabric offers...
Fujikura Composite announced its 7th Mid-Term Management Plan, covering the three years starting from fiscal 2025, at its financial results briefing for fiscal 2024 (ended March 31, 2025). The New Medium-Term Management Plan promotes the four pillars strengthening earning power, new growth strategy, shareholder return policy, and improving communication with investors. Over the three-year period from fiscal 2025 to fiscal...
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