nishikawa rubber

Nishikawa Rubber Sales up 21.5% in First Quarter

Automotive rubber parts maker Nishikawa Rubber reported first quarter (April-June) net sales of 27.39 billion yen ($187.90 million), up 21.5% year-on-year, operating income of 731 million yen (compared to a loss of 379 million yen in the same period last year), ordinary income of 1.74 billion yen, up 286.2%, and net income of 1.33 billion yen, up 426.9%. The company...

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Industry Trends: Signs of Recovery in Automotive Rubber Parts Performance

Are we on the way toward a full-fledged recovery in demand? As rubber and plastic product manufacturers continue to announce their first half (April-September) earnings results for the fiscal year ending March 31, 2023, a recovery trend becomes visible in the automobile industry, the main source of demand. With the global economic outlook uncertain, it remains to be seen whether...

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Coronavirus Outbreak Poses Major Issue for Chinese Plant Operations of Japanese Rubber Companies

The novel coronavirus outbreak in Wuhan, Hubei Province, China, is having a major impact on society. This is especially true in China itself, though there is also the possibility that the virus will spread further overseas going forward. Looking then to get a better idea of how all this will impact business, Japan Rubber Weekly collected information from a number...

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Nishikawa Rubber to Establish Chinese Production Base for Automotive Seals by End of Year

Nishikawa Rubber Co. Ltd. (TYO:5161) has announced that it will establish a Chinese manufacturing and sales subsidiary for rubber and plastic auto parts in the outskirts of Wuhan, Hubei Province. By starting up a new base here, the company hopes to better meet the needs of its major customers, seeing these needs growing in tandem with China’s domestic automotive market....

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Nishikawa Rubber Sees Double-Digit Sales Growth, Net Profit Recovery Over First Three Quarters

Auto parts maker Nishikawa Rubber Co. Ltd. (TYO:5161) recently released its results for the first three quarters of fiscal 2017, showing sales to be up by 11.1 percent year-on-year to 71.28 billion yen ($667.89 million). Operating profit for the April–December period was down 3.4 percent to 5.92 billion yen year-on-year, while ordinary profit was up 6.7 percent to 7.08 billion...

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Nishikawa Rubber Sees Strong First Half on Back of Automotive Turnaround

Nishikawa Rubber Co. Ltd. (TYO:5161) recently released its business results for the first half of the fiscal year ending March 2018. The company, which manufactures weatherstrips and other auto parts, posted sales of 44.29 billion yen ($390.32 million), up 4.7 percent year-on-year; an operating profit of 3.75 billion yen, down 3.5 percent and an ordinary profit of 4.54 billion yen,...

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