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Mitsuboshi Belting Expands Production Facilities for EPS Drive Belts

on October 17, 2025 in Products

In the first quarter of the fiscal year ending March 31, 2026, Mitsuboshi Belting reported strong Japanese domestic sales of automotive components, surpassing the same period of the previous year. Sales of belts for electric drive units used in new vehicles—such as Electric Power Steering (EPS) systems—and for export-oriented commercial vehicles remained steady, contributing to overall revenue growth. Overseas automotive...

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Mitsuboshi Belting Says FY Sales Strong, Eyes to Expand Sustainable Belt Lineup

on July 9, 2025 in Products

Mitsuboshi Belting reported increased sales in its power transmission belt business for the fiscal year ending March 2025, driven by strong domestic and international performance. In Japan, demand in the automotive aftermarket—especially for replacement belts for trucks—was robust, while the industrial machinery sector saw growth due to increased production among manufacturers of injection molding machines and robots. Internationally, the automotive...

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Mitsuboshi Belting’s FY Results: Record-High Sales and Net Profit for Third Consecutive Year

on June 3, 2025 in Industry

Mitsuboshi Belting’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 90.51 billion yen ($632.90 million), up 7.7% year-on-year, operating profit of 8.93 billion yen, up 15.1%, ordinary profit of 9.15 billion yen, down 4.7%, and net profit of 9.06 billion yen, up 27.6%. Sales revenue reached a record high, while net profit marked a...

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Mitsuboshi Belting Introduces New e-Power NX at Webinar

on May 9, 2025 in Products

Mitsuboshi Belting held a webinar to introduce its new and improved energy-saving V-belt, e-Power NX, providing a detailed explanation and implementation benefits of the new product launched on April 1. The company’s e-Power series is a power transmission belt that achieves energy savings by reducing power loss during belt operation. The e-Power NX is positioned as the highest-grade product in...

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Mitsuboshi Belting to Raise Belt Product Prices by 10% or More

on March 10, 2025 in Products

Mitsuboshi Belting announced that it will raise the prices of its belt products beginning with orders received on May 1. The price increase applies to transmission belts (friction transmission belts and timing belts), other transmission-related products, conveyor belts (plastic and rubber), and other conveyor-related products, all of which will increase by 10% or more. “In recent years, prices of raw...

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Mitsuboshi Belting Posts Record Highs for Sales, Net Income in First Half

on November 28, 2024 in Products

Mitsuboshi Belting posted sales of 45.45 billion yen ($295.59 million), up 8.1% year-on-year, operating income of 4.55 billion yen, up 9.9%, ordinary income of 4.29 billion yen, down 23.6%, and net income of 6.09 billion yen, up 69.5% for the first half (April to September) of the fiscal year ending March 31, 2025. Sales and net income reached record highs...

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