Bando Chemical Industries

Bando Chemical and Mitsuboshi Belting See Robust Transmission Belt Sales in China and Asia

Japanese belt manufacturers are enjoying robust sales of general industrial transmission belts in China and Asia. Bando Chemical Industries Ltd. (TYO:5195) and Mitsuboshi Belting Ltd. (TYO:5192) both boasted strong sales in these regions in fiscal 2016. Sales continue to grow, centering on agricultural and industrial machinery transmission belts, a market with high expectations. Bando Chemical’s Industrial Products Division’s sales in...

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Bando Develops Improved Narrow Bonded V-Belt

Bando Chemical Industries Ltd. (TYO:5195) has developed Power Ace Aramid Combo, Japan’s first narrow bonded V-belt to use highly elastic Aramid cord. In addition to improving upon the Power Scrum bonded V-belt, this product uses highly elastic Aramid cord. Aramid cord improves dimensional stability and shock resistance, and also has superior thermal resistance and conductivity. This caters to the demand...

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Japanese Rubber Companies Heavily Revise Earnings Projections

As companies are releasing their second-quarter earnings for the business year ending on March 31, 2017, some stand out for their revisions to projected full-year earnings. Cost-cutting boosted profits for some, while the higher yen hurt others. The following companies announced upward revisions to profit for the period: Achilles Corp. (TYO:5142), Okamoto Industries Inc. (TYO:5122), Mitsuboshi Belting Ltd. (TYO:5192), Tigers...

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