Achilles reported financial results for the first half (April – September) of the fiscal year ending March 31, 2023, with net sales of 40.8 billion yen ($292.85 million), up 12.0 percent year-on-year; an operating loss of 102 million yen (a profit of 608 million yen in the previous year); ordinary income of 489 million yen, down 42.8 percent; and net...
Sumitomo Riko will increase the production capacity of the O’Donnell Plant of S-Riko de Querétaro (SRK-QRO, headquartered in Querétaro, Mexico), a group company that manufactures and sells automotive anti-vibration rubber and other products in Mexico. By expanding the plant building from the current 12,000 square meters to 22,000 square meters, SRK-QRO’s production capacity of automotive anti-vibration rubber will be increased...
Sumitomo Riko, a leading supplier of automotive rubber parts such as anti-vibration rubber, posted sales of 255.6 billion yen ($1.76 billion), up 22.7 percent year-on-year, business loss of 894 million yen (102 million yen profit in the same period last year), and quarterly loss of 4.794 billion yen (3.480 billion yen profit in the same period last year) in the...
Molten has begun on Nov. 1 operations of its new technical center “molten[the Box]” on the site of the former Hiroshima Nishi Airfield in Kannon Shinmachi, Nishi Ward, Hiroshima City. Construction had started in July 2021. The facility brings together the development bases of Molten’s four businesses, sporting goods, automotive parts, medical and welfare equipment, and marine and industrial goods....
NOK, a leading manufacturer of O-rings, announced upward revisions to its second half and full-year earnings forecasts. According to the announcement, the company sees its second half sales forecast to remain largely unchanged from the previous forecast, but expects operating income to increase due to foreign exchange fluctuations and the passing on of selling prices following the sharp rise in...
Hose manufacturer Hakko has been granted a patent for two products, the Conductive Super Flexible Fluorine Hose Series/E-SJD and the Conductive Super Flexible Fluorine Spring/E-SJSD. The patent registration name is Electrostatic Dissipative Resin Hose, and the patent registration number is 7078531, with a registration date of May 23, 2022. This is the sixth patent for the company. The Conductive Super...
