In an interview with Tomio Ueno, President of Bando Chemical, we discussed the company’s current business performance, the progress of its medium- to long-term management plan Creating New Value for the Future 1st Stage (CV-1), and the status of its overseas production bases. Regarding the situation overseas, Ueno explained that market conditions in Asia vary by country and timing. India,...
Bando Chemical reported steady growth in its transmission belt-related segments for the fiscal year ended March 31, 2025. In the automotive parts segment, the company posted revenue of 58.05 billion yen ($399.12 million), up 9.0% year-on-year, with segment operating profit rising 19.1% to 4.89 billion yen. In Japan, despite a decrease in overall vehicle production, sales of auxiliary drive belts...
Bando Chemical, a manufacturer of conveyor and transmission belts, reported its performance under IFRS for the fical year ended March 31, 2025, with sales revenue of 115.59 billion yen ($793.23 million), up 6.8% from the previous year, core operating profit of 7.74 billion yen, up 2.1%, and net profit of 1.50 billion yen, down 75.8%. “Sales revenue and core operating...
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...
Bando Chemical’s Japanese domestic sales revenue of plastic conveyor belts for the first quarter of the fiscal year ending March 31, 2025, increased year-on-year. For the full year, Bando will continue to focus on the food and logistics fields, aiming to increase sales and profits. In the food industry, the company will focus on expanding sales of products promoted at...
Bando Chemical has invested in Inaho, a company that provides services for manufacturers focusing on automated agricultural harvesting robots using AI. With the mission of making farming more sustainable with technology, Inaho is a startup company that supports the resolution of management issues in agriculture through the use of AI and Robotics. To this end, it is working on the...
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