mitsuboshi belting

Mitsuboshi Belting Rides Strong Sales of Energy-efficient V-Belts

Mitsuboshi Belting Ltd. (TYO:5192) is riding strong sales of its E-Power and other energy-efficient V-belts, particularly for air-conditioning applications in factories and commercial buildings. The company’s synchronous belts for injection molding machines are also selling well. Expanding sales of high-torque belts are contributing to healthy business. Looking at the general industrial transmission belt market in Japan for the foreseeable future,...

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Mitsuboshi Belting to Launch Low-adhesion Resin Belt

Mitsuboshi Belting Ltd. (TYO:5192) has developed the Hybrid Silicone Belt, a light resin conveyor belt for moving food items. The surface of the new belt employs a copolymer that consists of polyurethane and silicone (polysiloxane), enabling improved releasability and high durability. The product is suited for transporting sticky foods such as bread dough, chewing gum and candies. The new product...

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Mitsuboshi Belting Operating Income Up 7% on Strong Overseas Sales

In FY 2015, Mitsuboshi Belting Ltd. (TYO:5192) posted operating income of 7.6 billion yen ($69.45 million), a 7 percent increase over the year prior and the highest the company has ever achieved. Year-on-year net sales were up no more than 1 percent at approximately 67.1 billion yen. Net sales of belts in Japan were around 26.5 billion yen, down 3...

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Amid Limelight on China, Japanese Rubber Industry Quietly Continues Expansion Into Europe

The period since the 1960s has seen a spurt of overseas expansion from Japanese companies involved in the rubber industry. This expansion has followed through from moving into Korea and Southeast Asia, centering on Taiwan, in the 1970s to North America in the 1980s and, since 2000, through into China and the ASEAN region. Recently, momentum has been gaining also...

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Japan Rubber Workers Union Confederation Negotiates 1,010 Yen Pay Scale Increase

The settlement results for labor force wages and annual bonuses have started to come out from the “spring offensive” negotiations in Japan. The Japanese Rubber Workers Union Confederation is comprised of 58 member unions. Forty-eight of those put forth wage demands to the companies of the unions’ respective labor forces, from which 20 unions have reached conclusions. Regarding annual bonuses, 45...

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Japan’s Rubber Unions Scale Back Spring Offensive Wage Demands

The Japanese Rubber Workers Union Confederation (JRWUC) has largely completed its spring labor offensive, and unions have submitted wage demands at most large rubber manufacturers. According to the JRWUC, 45 out of 58 unions have submitted their wage demands, and despite discrepancies between sectors such as tires, automobile parts, and industrial goods, wage increase demands are trending downward from the...

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