financial results

Nitta Sales Stable, Profits Down: First Quarter Results

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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Sumitomo Rubber Posts Record Highs in Second Quarter

Sumitomo Rubber posted second quarter (January-June) results for fiscal 2024, showing revenue of 587.04 billion yen ($4.03 billion), up 4.6% year-on-year; operating profit of 42.29 billion yen, up 147.6%; and net income of 38.73 billion yen, up 372.5%. Sales revenue, operating profit, and net income were all record highs for the same period. By business segment, the tire business posted...

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Valqua Sees Declining Sales, Income in Sealing Business: First Quarter Results

Valqua’s results for the first quarter of the fiscal year ending March 31, 2025, showed sales of 61.74 billion yen ($419.94 million), down 0.7% year-on-year; operating income of 7.10 billion yen, down 20.0%; ordinary income of 7.40 billion yen, down 18.1%; and net income of 4.91 billion yen, down 27.2%. By segment, the sealing products business posted sales of 37.16...

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Fuji Latex Posts First Quarter Results, Net Income up 14%

For the first quarter of the fiscal year ending March 31, 2025 (April-June 2024), Fuji Latex posted sales of 1.81 billion yen ($12.30 milion), down 3.1% year-on-year; operating income of 94 million yen, down 4.9%; ordinary income of 102 million yen, up 19.0%; and net income of 71 million yen, up 13.5%. By segment, the medical equipment business posted sales...

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Okamoto Sees Gloves and Other Household Goods Sales and Income Decline: Q1 Results

Okamoto reported a 3.4% year-on-year rise in sales to 26.07 billion yen ($177.21 million), a 10.7% rise in operating income to 2.54 billion yen, a 9.7% rise in ordinary income to 3.59 billion yen, and a 19.3% decline in net income to 2.21 billion yen for the first quarter of the fiscal year ending March 31, 2025. By segment, sales...

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NOK’s Posts First Quarter Results, Sales up 15%

NOK’s first quarter results (April-June 2024) for the fiscal year ending March 31, 2025 were as follows: Net sales of 188.17 billion yen ($1.28 billion), up 14.8% year-on-year; operating income of 5.65 billion yen (vs. a loss of 1.23 billion yen in the same period of the previous year); ordinary income of 12.04 billion yen, up 86.8%; and net income...

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