Sumitomo Rubber Industries Ltd. (TYO:5110) is planning to increase its production capacity for nitrile gloves, which are used by medical institutions, food manufacturers and more. Demand for these gloves is on the rise amid the novel coronavirus, and current production is unable to keep up with demand. Responding then to a request from the government, Sumitomo Rubber intends to deal...
Mitsui Chemicals Inc. (TYO:4183) recently announced that it will have wholly owned subsidiary Sunrex Industry Co. Ltd. expand its production facilities for Teknorote mask nose clamps. This comes as an effort to meet increased demand, with mask-wearing now having become commonplace due to the fight against COVID-19. Through this move, Mitsui Chemicals will bolster its production capacity of mask nose...
Bridgestone Sports Co. Ltd. and wholly-owned subsidiary Bridgestone Sports Sales Japan Co. Ltd. have decided to withdraw from operations for tennis-related sporting goods at the end of 2020. Following its full-fledged entry into the tennis goods business in 1984, Bridgestone has been designing, manufacturing and selling tennis products in Japan, primarily under the Bridgestone brand. The company has also served...
Fuji Latex Co. Ltd. (TYO:5199) has posted its business results for fiscal 2019, revealing sales revenue of 7.21 billion yen ($67.35 million) for a 13.5 percent year-on-year drop. For its profit metrics, the condom and medical products manufacturer posted 35 million yen in operating profit, down 94.1 percent; 33 million yen in ordinary profit, down 93.6 percent; and a net...
Midori Anzen Co. Ltd. launched a new line of gloves through its company website and other outlets on June 1. Named MS132, these gloves offer protection against direct contact with infectious agents, achieving this through the use of an antibacterial and antiviral material known as Dew. Developed by Nihon Sanmo Dyeing Co. Ltd., Dew is a functional fiber in which...
Mitsuboshi Belting Ltd. (TYO:5192) recently posted its business results for fiscal 2019, showing a sales revenue decline of 1.3 percent year-on-year to end at 71.05 billion yen ($649.07 million). The company’s operating profit for the year was down 10.2 percent to just under 7.3 billion yen, while ordinary profit was down 14.4 percent to a little under 7.66 billion yen...
