mitsuboshi belting

Mitsuboshi Belting Achieves New High in Second Quarter Operating Profit

Mitsuboshi Belting Ltd. (TYO:5192) saw improved business performance over the second quarter of fiscal 2016. With operating profit rising 7 percent year-on-year to hit 4.5 billion yen ($40 million), it was Mitsuboshi Belting’s best second quarter to date. While there was impact felt with the appreciating yen, the company ensured an increase in profit on account of a decline in...

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Mitsuboshi Belting Develops Optimized Incline Conveyor Belt for Food Items

Mitsuboshi Belting Ltd. (TYO:5192) has developed a new product in its Logistar series of resin belts for logistics, a high-performance incline conveyor belt suitable for transporting food items. The new Logistar belt employs a special polyurethane surface and complies with Japan’s Food Sanitation Act (Ministry of Health and Welfare Notification No. 370). This makes it possible to be safely used...

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Japanese Rubber Companies Heavily Revise Earnings Projections

As companies are releasing their second-quarter earnings for the business year ending on March 31, 2017, some stand out for their revisions to projected full-year earnings. Cost-cutting boosted profits for some, while the higher yen hurt others. The following companies announced upward revisions to profit for the period: Achilles Corp. (TYO:5142), Okamoto Industries Inc. (TYO:5122), Mitsuboshi Belting Ltd. (TYO:5192), Tigers...

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Mitsuboshi Belting Expands Into Metal Automotive Parts

Rubber transmission belt manufacturer Mitsuboshi Belting Ltd. (TYO:5192) is moving aggressively into the field of metal parts for automobiles. At its recent global distributor meeting held in Kobe, the company has introduced its new product Smastar, a spring-loaded alternator pulley. The pulley’s built-in coil spring allows it to absorb engine rotational fluctuations, helping, the company says, to control belt noise,...

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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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