After taking a hit from COVID-19, Gates Unitta Asia Co. (GUA) now sees signs of recovery as it heads into the third quarter of the calendar year. Japan Rubber Weekly recently sat down with Shuji Miyamoto, who serves as VP at the auto parts supplier, to get some insight into the company’s business results, overseas performance and management strategies. Miyamoto...
Achilles Corp. (TYO:5142) recently released its business results for the April–June quarter of fiscal 2020, revealing declining sales and a mixed bag of profit metrics. The company posted quarterly sales revenue of just under 15.84 billion yen ($148.17 million), down by 17.8 percent year-on-year; an operating loss of 92 million yen, down from an operating profit of 236 million yen;...
Nitta Corp. (TYO:5186) launched sales on Aug. 1 for the NittaOmega Type XM, an automatic tool changer. In recent years, automakers have shown an increasing need for robots able to transport heavy objects. Improvements to robotic capabilities have meanwhile allowed for faster robotic movement, causing the market to seek out lighter, thinner products to serve as automatic tool changers here....
Chemical products and condom manufacturer Okamoto Industries Inc. (TYO:5122) recently posted results for the April–June quarter of fiscal 2020. Net sales here were down year-on-year 14.6 percent, dropping to 19.365 billion yen ($183.47 million); operating income was down 15 percent, dropping to 1.923 billion yen; ordinary income fell 5 percent to 2.416 billion yen; and net profit dropped 10.4 percent,...
Zeon Corp. (TYO:4205) recently announced that it has developed Zeocoat ZC100, an alkaline-developable, positive-tone photosensitive insulating material. By way of its lithography and thermosetting, ZC100 is capable of forming an insulating layer on the micrometer level, and it can be cured at the low temperature of just 180 degrees Celsius. In addition to its high resolution, the product is notable...
Inoac Corp. recently started large-scale sales of domestically produced polyurethane-based masks, supplying these to companies and organizations. Made in Japan, Inoac’s polyurethane masks provide users with security and peace of mind – and can also be washed to allow for reuse. The company has sold more than 600,000 of these masks since first putting them onto the market in April....
