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Nitta Says Semiconductor Manufacturing Equipment Drives Tubes and Fittings

on October 4, 2024 in Products

Nitta’s Moore Division’s first quarter (April-June) financial results showed sales were flat year-on-year and operating profit increased. In the general industrial business, sales increased year-on-year. Sales of tubing and fittings, which are components of semiconductor manufacturing equipment, improved as customers began to place orders for such equipment. “The semiconductor manufacturing equipment production started in the second half of the previous...

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Kuriyama Says Sales, Profits up in on Strong North American Business: First Half Results

on September 20, 2024 in Materials, Products

Kuriyama Holdings reported a 9.9% year-on-year increase in net sales to 40.33 billion yen ($286.62 million), a 22.9% increase in operating income to 2.78 billion yen, a 21.5% increase in ordinary income to 3.11 billion yen, and a 17.5% increase in net income to 2,11 billion yen in its consolidated interim (January-June) results for fiscal 2024. Both sales and profits...

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Kuraray Posts Record Sales and Profits in First Half: Financial Results

on September 6, 2024 in Materials

Kuraray posted for the first half of the current fiscal year net sales of 411.22 billion yen ($2.81 billion), up 7.9%; operating income of 45.46 billion yen, up 11.0%; ordinary income of 44.02 billion yen, up 14.2%; and net income of 30.45 billion yen, up 39.4%. The company achieved record-high sales and profits for the first half of the fiscal...

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Tokai Carbon Posts First Half Results, Profits Down Substantially

on September 5, 2024 in Materials

Tokai Carbon reported for the first half of the current fiscal year a 4.2% year-on-year decline in net sales to 170.92 billion yen ($1.17 billion), a 61.2% drop in operating income to 8.43 billion yen, a 56.4% decline in ordinary income to 10.52 billion yen, and a 77.0% drop in net income to 3.66 billion yen. The carbon black business,...

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Four Japanese Tire Makers Post Record Sales and Profit in First Half

on August 26, 2024 in Industry, Tires

The four Japanese tire makers have released their first half (January-June) results for the fiscal year ending December 31, 2024. Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires all posted record-high sales and profits for the period. Although tire sales volume was slightly struggling, the external environment, including raw material prices, yen depreciation, and lower ocean freight rates, in addition...

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Nitta Sales Stable, Profits Down: First Quarter Results

on August 23, 2024 in Products

Nitta posted sales of 21.63 billion yen ($148.14 million), down 0.4% year-on-year, operating profit of 1.16 billion yen, down 9.2%, ordinary profit of 3.60 billion yen, up 18.7%, and net profit of 3.02 billion yen, down 20.5% in the first quarter (April-June 2024) of the fiscal year ending March 2025. By segment, the belt and rubber products business posted sales...

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