Nitta Corp. (TYO:5186) has recently developed new technology to be applied as part of the company’s proprietary carbon nanotube (CNT) dispersion technology. The new technology improves flow, conductivity and film strength by taking elongated, isolated and dispersed CNTs and turning these into round cotton ball-like shapes. As it improves in usability, Nitta’s new technology is expected to find an expanded...
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Yonex Adopts Nitta’s CNT Technology for Tennis Rackets
Sporting goods maker Yonex Co. Ltd. (TYO:7906) plans to manufacture tennis rackets with shafts that incorporate Namd prepreg, a carbon fiber prepreg made using Nitta Corp.’s (TYO:5186) proprietary Namd technology for carbon nanotube (CNT) dispersion and synthesis. The use of Namd prepreg in the shafts of VCore Pro tennis rackets is expected to provide a combination of strength, flexibility and...
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Strong Demand for Robotics-Related Rubber Products
The robotics industry is booming as manufacturers cut personnel costs and supplement scarce human resources through production line automation and workforce reduction. According to statistics reported by the Japan Robot Association (JARA), 55,998 robotic devices were produced during the July-September quarter, up 44.9 percent from the same quarter of the previous year. Shipment value amounted to 195.95 billion yen ($1.73...
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Nitta’s Belt, Hose Businesses Drive Record Results for First Half
Nitta Corp. (TYO:5186) has posted record-high sales and profits for the first half (April–September) of the fiscal year ending March 2018. This reflects strong domestic and overseas business results for the company’s mainstay belt and hose business operations, as well as for its air conditioning and device-related products. Total sales for the half were 36.48 billion yen ($319.79 million), up...
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Nitta’s Revenue and Profit Jump in First Half on Strong Semiconductor Products Demand
Nitta Corp. (TYO:5186) has reported a surge in revenue and profit for the first half of the fiscal year ending March 31, 2018. Sales rose to 36.48 billion yen ($319.79 million), up 14 percent from the same period last year, and net profit jumped 25.5 percent to 4.88 billion yen. Meanwhile, operating profit was up 15.2 percent at 2.87 billion...
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Toyo Tires President Comments on Business Transfer to Nitta and Sekisui Chemical
Toyo Tire & Rubber Co. Ltd. (TYO:5105) announced on July 28 the transfer of its chemical industrial products business run by the company’s tire division. The transfer will exclude operations pertaining to isolation rubber for construction. Takashi Shimizu, the company’s president, recently spoke about the transfer, saying that the decision to divest its business involved in chemical industrial products and...
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