hoses

Rubber Hoses See Solid Demand for Automotive and High-Pressure Applications

Production and shipments for rubber and resin hoses are on an upward trend. Automotive and high-pressure rubber hoses have been solid performers on the back of a recovery in domestic automotive production volume and robust demand for construction equipment and machine tools. Resin hoses and tubes have also been going strong, supported by firm demand from the semiconductor industry. This...

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Nitta’s Belt, Hose Businesses Drive Record Results for First Half

Nitta Corp. (TYO:5186) has posted record-high sales and profits for the first half (April–September) of the fiscal year ending March 2018. This reflects strong domestic and overseas business results for the company’s mainstay belt and hose business operations, as well as for its air conditioning and device-related products. Total sales for the half were 36.48 billion yen ($319.79 million), up...

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Sumitomo Riko Recognizes Outstanding Chinese Distributors at Kyoshokai Event

Sumitomo Riko Co. Ltd. (TYO:5191) held its second “Kyoshokai” event on Nov. 1 at the company’s branch in Ayabe, Kyoto. The company used the event to outline business objectives and recognize the efforts of outstanding Chinese distributors. Established in 2016, Kyoshokai is a distributors conference for Sumiriko Industrial Products (Shanghai) Co. Ltd., a Shanghai-based industrial hose sales subsidiary of Sumitomo...

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Food Industry Snaps Up Heat-Resistant Totaku Hose

Totaku Industries Inc. is seeing strong sales for its heat- and water-resistant TAC Eco Line hose. Able to withstand temperatures of 100 degrees Celsius for sustained periods, the hose can be used for hot-water washing. This makes it particularly useful for the food industry, where sanitary control is essential. The new hose features an upgraded resistance to pressure while still...

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Sakura Rubber Sees Double-Digit Sales Increase for First Quarter

Sakura Rubber Co. Ltd. (TYO:5189) recently released its financial results for the first quarter of the fiscal year ending March 2018. Company sales rose 11.5 percent year-on-year to 1.95 billion yen ($17.69 million), while operating profit decreased 62.1 percent to 20 million yen. Ordinary profit dipped 1.1 percent to 49 million yen, and quarterly net profit jumped 70.2 percent to...

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Bridgestone Subsidiary Completes Acquisition of Fittings

Bridgestone HosePower LLC, an indirect U.S. subsidiary of Bridgestone Corp. (TYO:5108) handling hose sales and services, has completed its acquisition of Fittings Inc., a hydraulic hose sales and services company based in Seattle, Washington. The addition of Fittings expands Bridgestone HosePower’s presence across the U.S. to 40 locations, with one also in also in Mexico, making the company the largest...

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