bando chemical

20171212-nitta-900x606

Strong Demand for Robotics-Related Rubber Products

The robotics industry is booming as manufacturers cut personnel costs and supplement scarce human resources through production line automation and workforce reduction. According to statistics reported by the Japan Robot Association (JARA), 55,998 robotic devices were produced during the July-September quarter, up 44.9 percent from the same quarter of the previous year. Shipment value amounted to 195.95 billion yen ($1.73...

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Bando Creates New Subsidiary in Bangkok to Promote Business, Efficiency

Bando Chemical Industries Ltd. (TYO:5195) has established Bando Asia & Pacific Co. Ltd., a new wholly-owned subsidiary in Bangkok, Thailand. Intended to help Bando advance its business in Asian markets more effectively, the subsidiary was established with 11 million Thai Baht ($332,527) in capital, and is set to begin operating next January. For the time being, its role will be...

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Bando Chemical’s Automotive Parts Business Booms in Southeast Asia

Bando Chemical Industries Ltd.’s (TYO:5195) automotive parts business is enjoying robust sales in Southeast Asia. This comes despite a slight decline in Japanese production due to the transfer of production overseas and the impact of a greater number of vehicles not equipped with belts. The growth has primarily been driven by scooter transmission belt sales in Vietnam and India, as...

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Bando Chemical Develops New Lightweight, Long-Lasting Rice Hulling Roll

Bando Chemical Industries Ltd. (TYO:5195) launched a new rice hulling roll, called Yellow Boy, on Aug. 1. The product life span of the newly developed Yellow Boy is about three times longer than the company’s previous rice hulling rolls. Rice hulling rolls are used in rice hullers to separate rice into hulls and brown rice. Most rice hullers at rice...

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Bando Chemical Looks to Expand in High-Value-Added Products After Favorable Overseas Sales

Overseas sales for Bando Chemical Industries Ltd. (TYO:5195) increased for the fiscal year ending in March 2017, mainly in Thailand and China. In contrast, the company saw a decline in Japanese domestic sales for industrial belts, which resulted from an industrial-equipment production decline accompanying sluggish capital investment in the country. Overseas sales were affected by declining capital investment in the...

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Bando Chemical Records Profits of 4.9B Yen for Fiscal 2016

Bando Chemical Industries Ltd. (TYO:5195) recorded profits of 4.95 billion yen ($44.86 million) in the fiscal year ending in March 2017, up 12.9 percent over the previous year. This marks the second highest profit figure in company history, just below the 5.29 billion yen recorded for fiscal 2008. Foreign exchange gains and a decrease in taxes contributed to the profit...

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