belts

Nitta’s Belt, Hose Businesses Drive Record Results for First Half

Nitta Corp. (TYO:5186) has posted record-high sales and profits for the first half (April–September) of the fiscal year ending March 2018. This reflects strong domestic and overseas business results for the company’s mainstay belt and hose business operations, as well as for its air conditioning and device-related products. Total sales for the half were 36.48 billion yen ($319.79 million), up...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Forbo Siegling Japan’s Belt and Seal Businesses Report Strong Sales for First Half

Forbo Siegling Japan Ltd.’s belt and seal businesses have posted solid sales for the first half (January–June) of 2017. The company’s belt business saw sales increase more than 5 percent year-over-year on the back of sales growth in the logistics and food industries. Sales for the logistics sector were particularly robust, backed by increased demand both from logistics centers that...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Conveyor Belt Production in Recovery

The conveyor belt business is recovering thanks to a turnaround in domestic demand for conveyor production and a 40 percent jump in exports to Australia. Meanwhile, soaring raw material costs are hurting the industry’s bottom line. Production volume figures for January through August compiled by the Japan Belting Manufacturers Association show that output has recovered on a year-on-year basis to...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading
20170224-bando-1000x561

Bando Chemical to Shift Indian Subsidiary for Greater Business Potential

Bando Chemical Industries Ltd. (TYO:5195) is relocating the head factory of its Indian subsidiary, Bando (India) Pvt. Ltd. Plans at present are to move over to a new factory with a site area of 4,000 square meters, located within the same industrial park of IMT Manesar in Gurugram City. Operations are scheduled to commence in the first half of this...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Bando President Talks Current State of Business, Eyes Productivity Increases

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...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Rubber Goods Production for August Shows Upward Momentum

Shipment value of rubber products made a slight year-on-year increase in August, moving up 0.8 percent to 163 billion yen ($1.55 billion), according to records collated by Japan’s Ministry of Economy, Trade and Industry (METI). Although the shift was of only a small degree, it represents the first year-on-year improvement in 14 months. Broken down by product type, the production...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Send this to a friend