Automotive rubber parts maker Nishikawa Rubber reported first quarter (April-June) net sales of 27.39 billion yen ($187.90 million), up 21.5% year-on-year, operating income of 731 million yen (compared to a loss of 379 million yen in the same period last year), ordinary income of 1.74 billion yen, up 286.2%, and net income of 1.33 billion yen, up 426.9%. The company...
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Okamoto reported a 12.1% year-on-year rise in sales to 25.28 billion yen ($172.75 million), a 26.5% rise in operating income to 2.2 billion yen, a 27.7% rise in ordinary income to 3.27 billion yen, and a 68.5% rise in net income to 2.74 billion yen for the first quarter of this fiscal year (April-June 2023). By segment, sales of industrial-use...
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Tigers Polymer, a manufacturer of rubber parts for home appliances and automobiles, will establish a subsidiary in Rayong Province, Thailand. The subsidiary, tentatively named Tigerflex (Thailand), will be a wholly owned holding company and will manufacture rubber and resin products for home appliances and automobiles. It is scheduled to be established in October this year and to start operations in...
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Toyoda Gosei announced its mid- to long-term management plan, the 2030 Business Plan. Under the new medium-term plan, the company aims by 2030 for sales revenue of 1.2 trillion yen ($8.23 billion), operating profit of 100 billion yen, an operating profit margin of 8%, and ROE of 10%. President Katsumi Saito said that the biggest challenge for future growth is...
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Yokohama Rubber has added V-shaped solid fenders for port moorings to its product lineup, in addition to pneumatic fenders that it has sold for many years. The company will continue to expand its lineup of solid fenders in stages, aiming to become a comprehensive manufacturer of fenders. The new product is a basic model that is widely used in ports...
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Showa Glove has released No.8810 Nitrile New Fit 100-pack as a new addition to its lineup of nitrile gloves for single-use. These gloves are approximately 2.5 mils (0.06 mm) thick, soft, and easy to work with, allowing users to make use of the bare hand feeling. With the release of this product, the Nitrist series lineup now includes a total...
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