business results

Achilles Posts 17.8% Decline in Q1 Sales Revenue

Achilles Corp. (TYO:5142) recently released its business results for the April–June quarter of fiscal 2020, revealing declining sales and a mixed bag of profit metrics. The company posted quarterly sales revenue of just under 15.84 billion yen ($148.17 million), down by 17.8 percent year-on-year; an operating loss of 92 million yen, down from an operating profit of 236 million yen;...

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Denka Sees Revenue, Profits Drop for Q1 as CR Sales Take Hit From Coronavirus

Denka Co. Ltd. (TYO:4061) has shown a drop to both revenue and profits in its recently posted business results for the April–June quarter of fiscal 2020. The company revealed sales revenue of 76.23 billion yen ($719.68 million) for this first quarter, down by 16.1 percent year-on-year; operating income of 4.4 billion yen, down by 34.8 percent; ordinary income of 5.01...

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Sumitomo Riko’s Q1 Results Reveal Major Revenue Drop Due to COVID-19

Sumitomo Riko Co. Ltd. (TYO:5191) has revealed major downward trends in its business results for the first quarter of fiscal 2020. The company posted sales revenue of 65.38 billion yen ($620.49 million) for the quarter, down by 43.4 percent; an operating loss of 8.04 billion yen, down from a profit of 2.04 billion yen; and a net loss of 7.38...

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Bridgestone’s First-Half Sales Revenue Drops 22%

Bridgestone Corp. (TYO:5108) announced its business results for the first half of calendar 2020 on Aug. 7, revealing sales revenue of just under 1.36 trillion yen ($12.76 billion) to mark a 22.1 percent year-on-year drop. The company’s adjusted operating profit for the half came to a little below 48.27 billion yen, down by 68.3 percent, and it posted a net...

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Shin-Etsu Polymer Posts Declining Results for Q1 as Coronavirus Hits Automotive Industry

Shin-Etsu Polymer Co. Ltd. (TYO:7970) recently posted its business results for the first quarter of fiscal 2020, revealing a drop in both sales revenue and profits. The company ended the quarter with sales of 18.33 billion yen ($171.49 million), down by 5.7 percent year-on-year; operating profit of just under 1.36 billion yen, down by 25.3 percent; ordinary profit of 1.58...

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Okamoto Sees Business Results Drop Across the Board Due to Coronavirus

Chemical products and condom manufacturer Okamoto Industries Inc. (TYO:5122) recently posted results for the April–June quarter of fiscal 2020. Net sales here were down year-on-year 14.6 percent, dropping to 19.365 billion yen ($183.47 million); operating income was down 15 percent, dropping to 1.923 billion yen; ordinary income fell 5 percent to 2.416 billion yen; and net profit dropped 10.4 percent,...

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