coronavirus

Survey: Rubber Product Manufacturers Voice Concern and Uncertainty Over Economic Trends

Japan Rubber Weekly recently sent a survey regarding current economic conditions to 156 domestic manufacturers of rubber and plastic products. Responses were received from 102 of these companies, helping to quantify expectations for the industry’s economic outlook. In an earlier survey conducted this January, the major concern was sluggish performance in demand industries on account of the U.S.–China trade war,...

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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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JSR’s Elastomers Business Posts 5.57B Yen Operating Loss for First Quarter

JSR Corp. (TYO:4185) recently revealed that its Elastomers business has taken a significant hit from the novel coronavirus, with this news coming as part of the company’s financial results for the first quarter of fiscal 2020. The quarterly results revealed a company-wide sales revenue of 93.09 billion yen ($877.9 million), down 22 percent year-on-year; an operating profit of 2.36 billion...

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Toyoda Gosei Develops Deep-UV LED With Strong Ability to Sterilize Coronavirus

Toyoda Gosei Co. Ltd. (TYO:7282), a rubber and resin manufacturer under the Toyota Group, has developed a deep-UV LED light module using technology cultivated over the course of various production and development efforts with blue LEDs. The module can be used to sterilize the likes of water or air. Deep-UV LEDs emit short-wavelength UV rays that destroy the genetic information...

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Inoac Targets Corporate Customers With Business for Mask Production and Sales

Inoac Corp. recently started large-scale sales of domestically produced polyurethane-based masks, supplying these to companies and organizations. Made in Japan, Inoac’s polyurethane masks provide users with security and peace of mind – and can also be washed to allow for reuse. The company has sold more than 600,000 of these masks since first putting them onto the market in April....

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Denka Pursues Domestic Approval for In Vitro Diagnostic Agent to be Used in COVID-19 Test Kits

Denka Co. Ltd. (TYO:4061) announced on July 20 that it has submitted an application to Japan’s Pharmaceuticals and Medical Devices Agency (PMDA), looking here to get domestic regulatory approval for an in vitro diagnostic agent to be used in simple COVID-19 test kits. To help with developing the kit, Denka has pursued collaborative research with the National Institute of Infectious...

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