business performance

Nitto Kako’s Rubber Business Sees 4.7% Growth in First Half

Nitto Kako Co., Ltd. (TYO:5104) recently released its business results for the first half (April–September) of the fiscal year ending March 2018. The company posted sales of 3.87 billion yen ($34.05 million), down 4.9 percent over the same period last year; an operating profit of 158 million yen, down 7.8 percent; an ordinary profit of 155 million yen, down 6.1...

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Nippon Valqua Sees Sharp Jump in Earnings and Profits for Seal Products

Nippon Valqua Industries Ltd. (TYO:7995) is experiencing a good run with its seal business. Performance overall has also been good as of late for Nippon Valqua, as evidenced by the company’s results for the April–September quarter for the fiscal year ending March 31, 2018. The major seal manufacturer saw net sales in the second quarter of 23.28 billion yen ($204.65...

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Nishikawa Rubber’s Q1 Revenue and Profit Rise Alongside Automobile Production Volume

Nishikawa Rubber Co. Ltd. (TYO:5161) has reported 22.1 billion yen ($200.34 million) in sales, up 2.3 percent year-over-year, and 1.96 billion yen in operating profit, up 9.8 percent, for the first quarter of the fiscal year ending March 2018. Ordinary profit for the quarter increased 34.5 percent to 2.66 billion yen, while net profit was 1.91 billion yen, contrasting a...

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Tokyo Zairyo Achieves Seventh Straight Year of Record Ordinary Profit

Zeon Corp. (TYO:4205) subsidiary Tokyo Zairyo Co. Ltd. has announced its results for the year ending March 2017. The raw material trading company has reported 87.17 billion yen ($769.82 million) in sales, 1.94 billion yen in ordinary profit and 1.44 billion yen in net income. While sales were down 0.9 percent from a prior year, ordinary profit and net income...

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Shin-Etsu Polymer Discloses 2016 Business Performance

Shin-Etsu Polymer (TYO:7970) recently gave details of its business performance for the fiscal year ending March 2017. The company, which manufactures products for silicone rubber molding and value-added resin treatment, made 73,979,000,000 yen ($663.79 million) in sales, down 1.4 percent from last year; 5,511,000,000 yen in operating profit, up 34.4 percent; 5,934,000,000 yen in ordinary profit, up 30.9 percent; and...

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Interview: Musashi Oil Seal President Discusses Business Performance and Industry Trends

Oil seal manufacturer Musashi Oil Seal Mfg. Co. Ltd. prides itself on its wide product lineup, multi-item small-lot production capabilities and favorable reputation among customers. Japan Rubber Weekly recently sat down with company president Masahiro Muto to ask about the oil seal manufacturer’s business performance and management. Discussing Musashi Oil Seal’s recent business performance, Muto noted that the company made approximately...

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