Toyoda Gosei Co. Ltd. (TYO:7282) has revealed a promising set of business results for the first half of fiscal 2021. Sales revenue here came to 387.36 billion yen ($3.4 billion), up 25.2 percent year-on-year; operating profit to 12.99 billion yen, up 187.8 percent; and net profit to 9.03 billion yen, up 162.6 percent. For Japan specifically, the figures were 195.17...
Bridgestone Corp. (TYO:5108) has announced plans to consolidate its domestic production bases for automotive seat pads, slimming down from its current four-base setup under domestic subsidiaries Bridgestone Chemitech Co. Ltd. (BSCT) and Bridgestone Diversified Chemical Products Co. Ltd. (BDCP). To achieve this consolidation, Bridgestone intends to close BSCT’s Ageo Plant in Ageo, Saitama Prefecture. Once this plant is closed in...
Bridgestone Corp.’s (TYO:5108) hose business has shown promising trends with its first-half results for calendar 2021. With demand marking a V-shaped recovery from last year both in Japan and overseas, the company’s business here has managed year-on-year increases in both sales revenue and profit, with the former of these metrics rising by double digits. Domestically, hose demand in OE applications...
D-Mec Ltd., a wholly owned subsidiary of JSR Corp. (TYO:4185), recently announced that it has launched sales of the Daram 3, an inexpensive rapid-prototyping 3D printer able to create the sort of high-fidelity objects characteristic to the rapid prototyping approach. In designing the Daram 3, D-Mec has looked to maintain the benefits provided by high-performance rapid prototyping while also carrying...
NOK Corp. (TYO:7240) recently announced that it has decided to raise prices on products sold via domestic distributors to the likes of the general industrial machinery industry. The price revision here is set to apply to oil seals, O-rings and other such seal products listed in NOK’s catalog, albeit with a number of exceptions. Set to come into effect starting...
Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it is planning a November launch for a high-speed surface disinfector that uses deep-UV (UV-C) LEDs to effectively eliminate viruses and bacteria. The product went up for preorder via the company’s site on Sept. 1. Looking to respond to the recent heightened awareness around preventing infections, Toyoda Gosei is marketing various products...
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