As the number of people playing golf is on a downward trend globally, the golf market is expected to continue experiencing harsh conditions for some time. Looking at the Japanese market, sales prices dropped due to intensified competition resulting from a market contraction that took place leading up through 2014 and 2015. However, sales prices stopped declining in 2016 and...
[lwa template="modal" register="0"]Subscribe
Toyoda Gosei Co. Ltd. (TYO:7282), Toyota Group’s only manufacturer of high-polymer automobile components made from rubber and plastic, has released its business results for the fiscal year ending March 2017. The company saw sales of 755.61 billion yen ($6.63 billion), a year-on-year decrease of 3.4 percent; operating profit was down at 40,675,000,000 yen, a 5-percent decline; ordinary income dropped to...
[lwa template="modal" register="0"]Subscribe
Industrial rubber sheet and diaphragm manufacturer Irumagawa Rubber Co. Ltd. launched a new three-year medium-term business plan on April 1. Named NexT 2019, the plan defines what Irumagawa Rubber hopes to be in 2025, says company President Yuki Shimizu, and compiles initiatives to be executed by fiscal 2019 in order to reach that goal. With two missions, sales growth and...
[lwa template="modal" register="0"]Subscribe
Sumitomo Riko Co. Ltd. (TYO:5191) has launched Refleshine TW36, a film for heat shielding and insulation that also makes windows stronger. The product marks an advance in materials development. Sumitomo Riko restructured the film to reduce costs while retaining all the advantages. The new Refleshine film maintains protection against glass breakage, heat shielding and insulation, a more pleasant indoor environment...
[lwa template="modal" register="0"]Subscribe
Oil seal manufacturer Musashi Oil Seal Mfg. Co. Ltd. prides itself on its wide product lineup, multi-item small-lot production capabilities and favorable reputation among customers. Japan Rubber Weekly recently sat down with company president Masahiro Muto to ask about the oil seal manufacturer’s business performance and management. Discussing Musashi Oil Seal’s recent business performance, Muto noted that the company made approximately...
[lwa template="modal" register="0"]Subscribe
Nitta Corp. (TYO:5186) has seen steady growth in sales of its conveyor belts. The company’s New Light Grip conveyor belts, which are made with polyester woven fabric, are selling well in the food and distribution sectors. In the food sector, sales of the WEXU, LBEU Series high-performance belts, which were launched in 2015, have contributed to increased revenue for the...
[lwa template="modal" register="0"]Subscribe
