Nishikawa Rubber Co. Ltd. (TYO:5161) has reported 22.1 billion yen ($200.34 million) in sales, up 2.3 percent year-over-year, and 1.96 billion yen in operating profit, up 9.8 percent, for the first quarter of the fiscal year ending March 2018. Ordinary profit for the quarter increased 34.5 percent to 2.66 billion yen, while net profit was 1.91 billion yen, contrasting a...
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NOK Corp. (TYO:7240), a major manufacturer of oil seals, posted first quarter sales of 164.91 billion yen ($1.49 billion) for April–June, representing a year-on-year increase of 12.8 percent. NOK’s operating profit for the first quarter was 6.04 billion yen compared to 3.77 billion yen for the same period of the previous year. Ordinary income was 9.87 billion yen, representing a...
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Major raw material supplier Kato Sansho Co. Ltd. has been enjoying strong international sales of late, achieving 50 billion yen ($444.6 million) in annual sales for the first time in three years. The company has seen growth in its sales of materials for automotive parts, with automakers themselves riding a robust market. Additionally, the company has been getting increased sales...
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