business results

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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Nichirin Achieves Two-Digit Increase to Income, Profit for Q2

Nichirin Co. Ltd. (TYO:5184), a large manufacturer of automotive rubber parts, recently released its business results for the second quarter of the fiscal year ending December 2017. The company posted sales of 29.01 billion yen ($265.64 million), up 15.9 percent over the same period last year; an operating profit of 4.39 billion yen, up 22.5 percent; and an ordinary profit...

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Elastomer Industry Profits Grow Due to Falling Raw Material Costs

Two large synthetic rubber manufacturers, JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205), recently released their business results for the first quarter of fiscal 2017. Both companies saw a significant increase to their elastomer division profits for the quarter, including profits for synthetic rubber. This profit growth is caused by an increase in the spread between elastomer material costs and selling...

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Osaka Soda Sees Revenue Decline Despite Sales Spike for Epichlorohydrin Rubber

Chemicals manufacturer Osaka Soda Co. Ltd. (TYO:4046) has released its business results for the fiscal year ending in March 2017. The company saw sales of 93.59 billion yen ($840.94 million), a year-on-year decrease of 8.4 percent; operating profit of 6.59 billion yen, an increase of 2.2 percent; ordinary income of 6.54 billion yen, an increase of 1.5 percent; and net...

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Ube Industries Announces Results for Fiscal 2016, Butadiene Rubber Profit Down Despite Strong Sales

Ube Industries Ltd. (TYO:4208) has released its business results for the fiscal year ending March 2017. The company saw sales of 616.56 billion yen ($5.44 billion), a year-on-year decrease of 3.9 percent; operating profit was down at 34.96 billion yen, a 15.6-percent decline; ordinary income dropped to 33.35 billion yen, a 15.8-percent decline; and net profits rose to 24.19 billion...

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