business performance

Zeon Subsidiary Tokyo Zairyo Sees Profit Rise for Ninth Straight Year

Tokyo Zairyo Co. Ltd., a Zeon Corp. (TYO:4205) subsidiary focused on the trading of raw materials, has shown strong financial results for the fiscal year ending March 2018. Fiscal 2017 saw the company generate 93.28 billion yen ($844.28 million) in sales, up 7 percent year-on-year; 1.99 billion yen in ordinary profit, up 2.6 percent; and 1.54 billion yen in net...

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Zeon Sets New Records With Business Results for Fiscal 2017

Synthetic rubber giant Zeon Corp. (TYO:4205) recently released its business results for fiscal 2017, with highlights including the company topping its previous record figures for sales, operating profit and ordinary profit. Sales for the year ended at 332.68 billion yen ($3.04 billion), up 15.7 percent year-on-year. Meanwhile, operating profit totaled 38.88 billion yen, up 26.4 percent; ordinary profit came in...

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JSR’s Elastomer Division Sees 6.5% Year-on-Year Increase in Sales

JSR Corp. (TYO:4185) recently released its financial results for fiscal 2017, with these showing that sales from the company’s elastomer division went up 6.5 percent year-on-year to 197.37 billion yen ($1.81 billion). Operating profit from the division was at 14.87 billion yen, up 69 percent, while sales volume was at 677,731 tons, down 3 percent. In response to rising butadiene...

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Kuriyama Eyes Continued Strong Performance Across Asia, North America for 2018

Major industrial rubber manufacturer and marketer Kuriyama Holdings Corp. (TYO:3355) is getting strong business performance out of its operations across Asia and North America. Sales for fiscal 2017 have been going steady in Asia for Kuriyama’s urea SCR sensors and module tanks, which comply with emission regulations in the region on construction and agricultural machinery. In China, the company has...

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Zeon Sees 22% Sales Increase in Elastomer Business for First Three Quarters

Zeon Corp. (TYO:4205) has posted 146 billion yen ($1.33 billion) in sales for its elastomer materials business over the first three quarters of fiscal 2017, marking a year-on-year increase of 22 percent. The sales figures included a 29 percent increase in rubber, totaling 104.1 billion yen; a 14 percent in increase in latex, reaching 14.5 billion yen; and a 6...

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Mitsuboshi Belting Posts Record-High Earnings for Second Quarter

Conveyor and transmission belt manufacturer Mitsuboshi Belting Co. (TYO:5192) has posted approximately 35.59 billion yen ($316.92 million) in total sales for the July–September period of fiscal 2017. This represents an increase of 7.1 percent over the same period for the previous year. The company also set record highs for the second quarter for operating profit, ordinary profit and quarterly net...

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