mitsuboshi belting

Mitsuboshi Belting Announces New Mid-Term Management Plan

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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Mitsuboshi Belting Posts Increasing Sales of Mainstay Automotive Belts in First Half

Mitsuboshi Belting’s results for the first half (April-September 2023) of the fiscal year ending March 2024 showed an increase in sales of its mainstay automotive belts, but a decline in sales and profits from general industrial and OA equipment use. With the company raising product prices in 2021 and 2022, it said that this led to a buildup of market...

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Top Interview With Mitsuboshi Belting President Hiroshi Ikeda

Mitsuboshi Belting has been working on business and management reforms, including global production reorganization, strengthening of the logistics system, and digital transformation (DX) human resource development. Japan Rubber Weekly sat down for an interview with President Hiroshi Ikeda about the progress of reforms, the current status of new product and technology development and business performance. On current business performance and...

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Rubber Companies Expanding Into Food Sector – Part 1

Rubber and resin-related companies are focusing on expanding into the food market, where they expect stable demand. At Fooma Japan 2023, held recently at Tokyo Big Sight from June 6-9, a large number of rubber and resin-related companies were present, with many of them exhibiting for the first time in order to cultivate new demand in the food industry. The...

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Mitsuboshi Belting Accelerates Efforts to Become Carbon Neutral by 2050

Automobile transmission belt manufacturer Mitsuboshi Belting has switched the energy used at its Kobe Works and Shikoku Plant to alternative sources that can contribute to reducing carbon emissions. The move follows the installation of solar systems on the roofs of the Kobe Works’ Central Plant’s third and fourth buildings in November 2021 and is part of the company’s efforts to...

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Mitsuboshi Belting Reports Double-Digit FY2021 Sales Growth

Mitsuboshi Belting Ltd. (TYO:5192) has reported increases to both sales and profits for the fiscal year through March 2022. Sales increased 15.4 percent from the previous year to 74.87 billion yen ($580 million), while operating income increased 53.8 percent to 7.64 billion yen. The company noted that business began to recover gradually during the second half of fiscal 2020, with...

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