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...
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...
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...
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...
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...
Star Seiki Co. Ltd., a take-out robot manufacturer based in Oguchi, Aichi Prefecture, established a subsidiary in South Korea this March. The subsidiary, Star Seiki Korea Co. Ltd., has a core business of sales, installation, repair and technical training in the area of take-out robots for injection molding machines. Star Seiki Korea is located at 150 Namdong-daero, Namdong-gu, Incheon, South...
