business performance

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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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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