business results

Nitta Achieves Year-on-Year Increase to Belt, Rubber Product Sales for 2018

Nitta Corp. (TYO:5186) recently posted its results for fiscal 2018, revealing a total of 89.17 billion yen in annual sales – up by 22.2 percent year-on-year. On the profit side of the equation, the company made 5.66 billion yen in operating income, up 16.4 percent year-on-year; 11.47 billion yen in ordinary income, down 0.3 percent; and 8.97 billion yen in...

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Shin-Etsu Polymer Achieves Year-on-Year Increases to Sales, Profits

Shin-Etsu Polymer Co. Ltd. (TYO:7970) posted its business results for fiscal 2018 on April 25, revealing an increase to both sales and profits. The results show that the manufacturer of silicone molding materials generated 85.46 billion yen in sales for the year, up by 7.7 percent year-on-year. Operating profit came to 8.15 billion yen, up by 13.1 percent; ordinary profit...

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Shin-Etsu Polymer Posts Increased Sales, Profits for Fiscal 2018

Shin-Etsu Polymer Co. Ltd. (TYO:7970) has posted year-on-year increases to both sales and profits as part of its results for fiscal 2018. The company recorded sales of 85.46 billion yen ($770.76 million) for the year, up by 7.7 percent; operating profit of 8.15 billion yen, up by 13.1 percent; ordinary profit of 8.03 billion yen, up by 10.3 percent; and...

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JSR Posts Increase to Revenues, Profits on Back of Robust Sales for S-SBR

Synthetic rubber manufacturer JSR Corp. (TYO:4185) has posted sales of 376.55 billion yen ($3.43 billion) for the first nine months of fiscal 2018, representing growth of 20.1 percent over the same period last year. Meanwhile, the company’s operating profit was up 2.1 percent year-on-year to 37.95 billion yen, with its net profit for the period increasing 0.2 percent to 27.72...

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Sanyo Trading Posts Strong Results on Back of Rubber-Related Product Sales

Raw materials trading firm Sanyo Trading Co. Ltd. (TYO:3176) has posted a strong set of business results for the fiscal year ending September 2018. Over the period, the company achieved 78.45 billion yen ($688.8 million) in sales, up 15.8 percent year-on-year; 5.26 billion yen in operating profit, up 6.6 percent; 5.58 billion yen in ordinary profit, up 5.8 percent; and...

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Nitta Posts Strong Q1 Results as President Expresses Concerns Over China–US Trade War

Nitta Corp. (TYO:5186) has reported rising sales and profits for the first quarter of fiscal 2018. This puts the company on a solid start to achieving its medium-term management plan goal of generating 100 billion yen ($899.62 million) in sales for fiscal 2020. Sales for the quarter came out to 21.63 billion yen, growing 19.2 percent year-over-year. Operating profit increased...

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