Shin-Etsu Polymer Co. Ltd. (TYO:7970) has taken a hit to its sales and profit performance over the first three quarters of fiscal 2019. Business results recently released by the company show that its sales fell 6.9 percent year-on-year for the period, totaling 60.72 billion yen ($556.72 million) for the first three quarters. Operating profit was down 9.2 percent to 5.84...
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Yokohama Tire Retread Co. Ltd. (YTR) has managed to achieve year-on-year sales growth for this January–September, due in part to customers looking to get in before Japan increased its consumption tax rate in October. However, these results still fall short of the forecasts that YTR had for the January–September period. One of the main factors here has been a shortage...
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Zeon Corp. (TYO:4205) recently posted its business results for the first half of fiscal 2019, showing sales from the company’s elastomer business as falling 8.3 percent year-on-year to 91.92 billion yen ($842.35 million). Meanwhile, operating income from Zeon’s elastomer business fell 37.5 percent for the first half, declining 3.6 billion yen year-on-year to end at to 5.97 billion yen. Negative...
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Tokai Carbon Co. Ltd. (TYO:5301) recently posted its business results for the first three quarters of calendar 2019, showing sales growth of 27.8 percent year-on-year to reach 198.62 billion yen ($1.76 billion). Operating profit fell 1.5 percent to 49.42 billion yen, while ordinary profit fell 3.9 percent to 48.99 billion yen and net profit fell 47.2 percent to 31.05 billion...
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Ube Industries Ltd. (TYO:4208) recently released its business results for the first half of fiscal 2019, posting year-on-year decreases in sales and most profit metrics. The company achieved 335.06 billion yen ($3.08 billion) in sales for the half, down 3.8 percent from the same period last year; 16.76 billion yen in operating profit, up 11.4 percent year-on-year; 16.64 billion yen...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for the first half of calendar 2019. Based on these results, the company has stated that it will abide by its initial forecast for the full year, which points to sales revenue of 660 billion yen ($6.2 billion), operating profit of 57.5 billion yen and a net profit of 46...
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