financial results

Synthetic Rubber Sales and Profit Rise on Higher Shipments: Zeon FY 2023 Results

Zeon reported net sales of 382.28 billion yen ($2.42 billion), down 1.6% year-on-year, operating income of 20.50 billion yen, down 24.6%, ordinary income of 26.91 billion yen, down 14.3%, and net income of 31.10 billion yen, up 194.3% for the year ended March 2024. In the elastomer materials business segment, sales declined 3.1% to 215.29 billion yen, and operating profit...

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Shin-Etsu Polymer Reports FY Results, Silicone Rubber Molded Products Sluggish

Shin-Etsu Polymer posted sales of 104.38 billion yen ($668.25 million), down 3.6% year-on-year, operating income of 11.05 billion yen, down 13.3%, ordinary income of 11.53 billion yen, down 11.2%, and net income of 8.67 billion yen, up 1.7% for the fiscal year ended March 2024. In the precision molded products segment, sales declined 4.8% to 47.61 billion yen, and operating...

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Bridgestone’s Diversified Products Businesses Show Steady Improvement

Bridgestone’s Diversified Products business is steadily improving its performance. In the fiscal year ended December 31, 2023, this business posted sales revenue of 298.4 billion yen ($1.98 billion), up 7% from the previous year, adjusted operating profit of 13.2 billion yen, up 39%, and adjusted operating profit margin of 4.4%, up 1.0 percentage point. The Chemical Products business posted sales...

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Toyo Tires Achieves Record Highs in Sales and Profit in Fiscal 2023

Toyo Tires posted record highs in sales and profit for the fiscal year ending December 31, 2023. The company achieved many of the financial indicators set forth in the current mid-term business plan through 2025 ahead of schedule. Takashi Shimizu, President & CEO, said, “We will work on each of the measures to maintain the achievement of the targets, and...

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Asahi Kasei Reports 9M Results

Asahi Kasei posted sales of 2,064.15 billion yen ($13.74 billion), up 1.2% year-on-year in the nine months (April-December) of the fiscal year ending March 2024. The company also posted operating income of 99.50 billion yen, down 15.1%, ordinary income of 90.50 billion yen, down 18.9%, and net income of 58.57 billion yen, down 11.0%. In the materials segment, sales declined...

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Ube Sales Down But Net Income Up: 9M Results

Ube posted results for the nine months (April-December) of the fiscal year ending March 31, 2024. Sales were 332.95 billion yen ($2.23 billion), down 9.6% year-on-year; operating income 12.31 billion yen, down 5.2%; ordinary income 23.18 billion yen, compared with a loss of 4.53 billion yen in the same period a year earlier; and net income of 19.95 billion yen,...

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