Kuraray Co. Ltd. (TYO:3405) recently posted its full-year results for 2018, showing a significant increase to sales but a decrease in all profit metrics. While the company’s sales rose by 16.3 percent year-on-year to reach almost 603 billion yen ($5.45 billion), its operating profit fell 13.8 percent to 65.79 billion yen, with ordinary profit down 17.6 percent to 61.17 billion...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for calendar 2018, showing a slight increase to overall sales but a drop in most profit metrics. Across the company’s various divisions, sales rose 0.6 percent year-on-year to reach 650.24 billion yen ($5.89 billion). Business profit was then up 1.7 percent to 59.26 billion yen, but operating profit was down...
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Osaka Soda Co. Ltd. (TYO:4046) has posted a significant increase to its sales and profits for the cumulative first three quarters of fiscal 2018. Year-on-year, Osaka Soda’s sales rose by 9.9 percent to reach 81.85 billion yen ($741.23 million) over the nine-month period. In profits, meanwhile, the company’s operating profit rose 36 percent to 7.65 billion yen, with ordinary profit...
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Sumitomo Riko Co. Ltd. (TYO:5191) recently posted record-high sales in cumulative results for the first three quarters of fiscal 2018. This comes despite profits falling under all metrics. Sales for the nine-month period came to 350.43 billion yen ($3.19 billion), up 2.8 percent year-on-year. Meanwhile, business profit – calculated by subtracting cost of sales, sales expenses and general administrative expenses...
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Bando Chemical Industries Ltd. (TYO:5195) has reported a year-on-year increase to both sales and profits for the first half of fiscal 2018. Sales for the half increased 5.3 percent over the same period last year to reach 48.2 billion yen, with operating profit up 23.4 percent to 3.81 billion yen, ordinary profit up 34.2 percent to 4.55 billion yen and...
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Totaku Industries Inc. is seeing a wave of strong demand for plastic hoses in Japan, with the company estimating that it has achieved year-on-year growth of 4–5 percent for the first half of fiscal 2018. Company president Kozo Toyoda said that Totaku has seen strong results across the board in its demand sectors, which include the semiconductor, food and civil...
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