sales target

Asahi Rubber Outlines Medium-Term Sales Targets, Proprietary Tech Plans

President Yoichiro Watanabe of Asahi Rubber Inc. (TYO:5162) recently went into detail on the company’s 12th three-year medium-term management plan, termed the V-2 Plan. The rubber product manufacturer, which works with automotive electronics, biotechnology and environmental products, aims to achieve 7–8 billion yen ($62.84–71.72 million) in consolidated sales and an 8-percent consolidated operating profit margin by the end of fiscal...

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Nexen Aims to Sell 1 Million Tires per Year in Japan by 2022

Following the January establishment of joint venture Nexen Tire Japan Inc., partners Nexen Tire Corp. and Toyota Tsusho Corp. (TYO:8015) are eager for their new JV to make a full-scale entry into the Japanese market. The company hopes to hit a landmark of 1 million annual unit sales by 2022, acknowledging the target is ambitious but believing it possible to...

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