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Nitta launches Phase 2 of Shift2030 Management Plan

on April 14, 2025 in Products

Belt, hose and tube manufacturer Nitta has launched Phase 2 of its medium- to long-term management plan Shift2030, covering fiscal years 2025–2027. The growth strategy, centered on manufacturing, focuses on strengthening existing businesses and exploring new ones, accelerating global expansion with North America and India as key markets, and aiming for consolidated sales exceeding 1 trillion yen ($6.54 billion), targeting...

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Bando Provides Update on EV Tech, Focusing on Quietness and Heat Management

on March 28, 2025 in Products

Bando Chemical recently held a webinar for distributors and users proposing its technology for EV mobility with regard to quietness and thermal management. With the recent shift to EVs, there is a growing demand for countermeasures against noise generated around the drive unit, which until now has been hidden by the engine noise. In addition, heat generation factors are increasing...

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Hokkaido Rubber Industry Receives Award for New Foam Rubber Mat

on March 24, 2025 in Products

Hokkaido Rubber Industry has received an industrial technology award sponsored by the Sorachi Shinkin Industrial and Cultural Promotion Fund for developing a foam rubber mat based on the concept of providing peace of mind underfoot at standing work. The award-winning mat was created after consultation with a telecommunications construction company, Tsuken Corporation. The product has moderate resilience, heat insulation performance,...

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Rubber Hose Production Down First Time in Four Years: Japan Rubber Hose Manufacturers Association

on March 14, 2025 in Industry, Products

According to data compiled by the Japan Rubber Hose Manufacturers Association based on Ministry of Economy, Trade and Industry (METI) statistics, production and shipments of rubber hoses in 2024 totaled 31,662 tons in new rubber volume, down 6.6% from the previous year, and shipments were 135.83 billion yen ($914.26 million), down 4.5%. This was the first time in four years...

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Mitsuboshi Belting to Raise Belt Product Prices by 10% or More

on March 10, 2025 in Products

Mitsuboshi Belting announced that it will raise the prices of its belt products beginning with orders received on May 1. The price increase applies to transmission belts (friction transmission belts and timing belts), other transmission-related products, conveyor belts (plastic and rubber), and other conveyor-related products, all of which will increase by 10% or more. “In recent years, prices of raw...

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Nitta Publishes 9M Results, Sees Higher Profits on Strong Semiconductor Business

on February 21, 2025 in Products

Nitta announced net sales of 66.85 billion yen ($438.74 million), up 0.3% year-on-year; operating income of 4.12 billion yen, up 7.5%; ordinary income of 11.09 billion yen, up 19.5%; and net income of 9.42 billion yen, up 23.4%, for the first nine months of the fiscal year ending March 31, 2025 By segment, the belt and rubber products business posted...

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