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...
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...
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...
Mitsuboshi Belting’s sales of plastic conveyor belts in the first half of the fiscal year ending March 31, 2025 (April-September) increased by a single digit year-on-year. “The growth was driven by the food industry, which has continued to be strong since the previous fiscal year. Sales of plastic conveyor belts for convenience stores, bakery, confectionery, and meat products increased. In...
Mitsuboshi Belting will construct a new four-story building at its Nagoya Plant in Komaki City, Aichi Prefecture, that will house both production lines and an automated warehouse distribution system. The investment will be approximately 6 billion yen ($37.43 million), with operations scheduled to begin in May 2026. The site area is set to be approximately 5,300 square meters and total...
Mitsuboshi Belting, a manufacturer of industrial rubber products and rubber belts, announced at a financial result briefing on May 20 the outline of its new ’24 Mid-Term Management Plan, which will run through fiscal 2026. The company’s ideal state for fiscal 2030 is to “establish a strong corporate structure that is resilient to change,” and it has set numerical targets...
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