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Tokai Carbon Positions Carbon Black Business as Revenue Base in New Medium-Term Plan

Tokai Carbon Co. Ltd. (TYO:5301) has positioned its carbon black business as a major base of revenue within T-2021, a new medium-term management plan set to run from 2019 to 2021. Under this plan, Tokai Carbon’s carbon black business is projected to generate 124 billion yen for 2021, up from a 115.3 billion projection for 2019. Operating profit from the...

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Yokohama Rubber Sees Sales Increase But Profit Decline for 2018

Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for calendar 2018, showing a slight increase to overall sales but a drop in most profit metrics. Across the company’s various divisions, sales rose 0.6 percent year-on-year to reach 650.24 billion yen ($5.89 billion). Business profit was then up 1.7 percent to 59.26 billion yen, but operating profit was down...

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Toyo Tires Joins Event to Achieve Workplace Reform Through Home-Based Work, Flexible Hours

Toyo Tire & Rubber Co. Ltd. (TYO:5105) has announced that it will endorse and join as a member of the 2018 Telework Days event, a national movement backed by the Ministry of Economy, Trade and Industry (METI) as part of a push for workplace reform. The rubber company has already been looking to better handle fluctuations in business with a...

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Towa Corporation Sees Strong Sales for Women’s Farming Gloves

Glove manufacturer Towa Corporation Ltd. is enjoying strong sales with its “Nogyo-Joshi” (farm girl) line of gloves, which were launched by the company this past June. This is the second glove product released under the Nogyo-Joshi Project, which is being promoted by the Ministry of Agriculture, Forestry and Fisheries (MAFF). The gloves were developed with consideration of the needs of...

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Asics First-Half Results: Oceania, Asia the Top Performers

Asics Corp. (TYO:7936) saw net sales fall 3.3 percent year-on-year to 203.74 billion yen ($1.87 billion) in its first-half results, running from January 1 to June 30, 2017. Despite a strong showing in the running shoes segment, net sales within Japan decreased 3.4 percent year-on-year to 54.26 billion yen, owing to sluggish performance by sportswear. Sales of running shoes and...

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