Fujikura Composites posted a 7.1% year-on-year decline in net sales to 37.79 billion yen ($241.18 million), an 18.2% decline in operating income to 3.62 billion yen, a 24.2% decline in ordinary income to 3.9 billion yen, and a 17.6% decline in net income to 3.25 billion yen for the fiscal year ended March 31, 2024. By segment, the industrial supplies...
Products
NOK Significantly Increases Net Income in FY2023
NOK reported a 5.7% year-on-year increase in net sales to 750.50 billion yen ($4.47 billion), a 49.0% increase in operating income to 22.91 billion yen, a 51.7% increase in ordinary income to 40.29 billion yen, and a 137.2% increase in net income to 31.60 billion yen for the fiscal year ending March 31, 2024. “Although the company did not reach...
Sakura Rubber Sales up 25% in FY2023
Sakura Rubber’s fiscal 2023 results showed sales of 13.35 billion yen ($85.19 million), up 24.9% year-on-year; operating income of 1.14 billion yen, up 166.9%; ordinary income of 1.11 billion yen, up 170.4%; and net income of 733 million yen, up 133.5%. Among segments, the firefighting and disaster prevention business posted sales of 8.72 billion yen, up 28.8%, and operating profit...
Tiger Polymer Posts Fiscal 2023 Results
Tigers Polymer’s results for the fiscal year ending March 31, 2024, showed sales of 47.86 billion yen ($304.97 million), up 5.7% year-on-year; operating income of 3.19 billion yen, up 192.9%; ordinary income of 4.29 billion yen, up 129.2%; and net income of 3.02 billion yen, up 269.9%. By segment, sales in Japan increased 1.8% to 21.93 billion yen, and operating...
Nitta Posts Financial Results, Sees Opportunity in Semiconductor-related Business
Nitta announced net sales of 88.61 billion yen ($565.29 million), up 0.7% year-on-year; operating income of 4.42 billion yen, down 11.4%; ordinary income of 12,01 billion yen, down 6.9%; and net income of 9.68 billion yen, down 9.2%, for the fiscal year ending March 31, 2024. “Sales were decent, but profits fell sharply due to a slower-than-expected decline in the...
Yokohama Rubber Adds Cellular and Cone Fenders to Solid Fender Product Lineup
Yokohama Rubber has in April added cellular fenders and cone fenders to its solid fender product lineup for use in port moorings. Following the release of the basic model V-type solid fender in July 2023, the two higher-performance products complete a lineup that meets a wide range of user needs. Going forward, the company plans to further expand its market...

