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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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...
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Yokohama Rubber Co. Ltd. (TYO:5101) has launched Tuftex α, a new conveyor belt cover compound designed for use on demanding applications such as high-capacity reclaimers handling iron ore and coal at port stock yard facilities. The new cover compound features the company’s advanced rubber compounding technology, achieving high levels of abrasion resistance and providing longer service life. Reclaimers transport large...
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Many rubber and plastics companies exhibited at Fooma Japan, the four-day international food machinery and technology exhibition held at Tokyo Big Sight from June 7 to 10. The companies actively promoted their wares to food product users. Belt manufacturers were especially fired up as they set up their booths with contraptions that attracted attendees’ attention. According to statistics released by...
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Light-duty resin conveyor belts are trending well at present in terms of both production and shipment, due to robust sales in Japan’s food industry. Offering the largest demand among all sectors for such belts, the food industry provides stability now and prospectively moving forward in this regard. As such, it is drawing the attention of belt manufacturers across the board,...
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In FY 2015, Mitsuboshi Belting Ltd. (TYO:5192) posted operating income of 7.6 billion yen ($69.45 million), a 7 percent increase over the year prior and the highest the company has ever achieved. Year-on-year net sales were up no more than 1 percent at approximately 67.1 billion yen. Net sales of belts in Japan were around 26.5 billion yen, down 3...
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