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

on June 28, 2017 in Products

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

on June 6, 2017 in Products

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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Bando Chemical Holds 2017 Distributor Meeting, Looks Toward Future Business Creation

on May 9, 2017 in Materials

Bando Chemical Industries Ltd. (TYO:5195) held its annual distributor meeting in Kobe on April 21. The company’s fifth to date, the meeting had an attendance of 89 members from across Japan. In addition to welcoming representatives from the company’s 60 key distributors, the event had in attendance 17 members from Bando Chemical, including President Mitsutaka Yoshii and other executives. Also...

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Bando’s Tamagaki Talks Current, Future Business: Interview

on March 31, 2017 in Interviews, Products

Rubber manufacturer Bando Chemical Industries Ltd. (TYO:5195) experienced turbulent sales in fiscal 2016. After early months showed a year-on-year downturn, the company recovered in the latter half of the year, most notably in the January–March period. But in an industry moving toward electric vehicles, how does Bando Chemical plan to respond to concerns around declining automotive belt sales? Japan Rubber...

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Bando Chemical Focuses on Flame-Resistant Conveyor Belts to Meet Infrastructure Demand

on March 29, 2017 in Products

Bando Chemical Industries Ltd. (TYO:5195) has decided to focus on selling and developing conveyor belts, leveraging the company’s technological prowess for steep incline conveyor belts, pipe conveyor belts and flame resistant conveyor belts. The decision comes in an effort to meet demand assumed by such large-scale infrastructure projects as the Tokyo Olympics and the Linear Chuo Shinkansen bullet train line....

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Bando President Talks Current State of Business, Eyes Productivity Increases

on January 20, 2017 in Interviews, Products

Sitting down recently for an interview, Bando Chemical Industries Ltd. (TYO:5195) President Mitsutaka Yoshii offered his assessment on where the company stands today, as well as how it is looking to improve itself moving forward. The company, Yoshii said, has to work in 2017 on accelerating its measures for dealing with the exchange rate and other fluctuating outside circumstances. He...

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