sales

Mitsuboshi Belting Posts Record-High Earnings for Second Quarter

Conveyor and transmission belt manufacturer Mitsuboshi Belting Co. (TYO:5192) has posted approximately 35.59 billion yen ($316.92 million) in total sales for the July–September period of fiscal 2017. This represents an increase of 7.1 percent over the same period for the previous year. The company also set record highs for the second quarter for operating profit, ordinary profit and quarterly net...

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Strong Sales of New Vehicle Tires Lift Yokohama Rubber’s Revenue, Profit

Yokohama Rubber Co. Ltd. (TYO:5101) has released its business results for the combined first three quarters (January–September) of the fiscal year ending Dec. 31, 2017, showing strong performance. For this period, the company reported 466.79 billion yen ($4.12 billion) in net sales, up 13.8 percent year-on-year, and 26.38 billion yen in operating profit, up 39.7 percent. Meanwhile, ordinary profit was...

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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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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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Forbo Siegling Japan’s Belt and Seal Businesses Report Strong Sales for First Half

Forbo Siegling Japan Ltd.’s belt and seal businesses have posted solid sales for the first half (January–June) of 2017. The company’s belt business saw sales increase more than 5 percent year-over-year on the back of sales growth in the logistics and food industries. Sales for the logistics sector were particularly robust, backed by increased demand both from logistics centers that...

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Dunlop Sports’ Strong Global Sales Push up Revenue and Profit

Sumitomo Rubber Industries Ltd.’s (TYO:5110) group company Dunlop Sports Co. Ltd. (TYO:7825) has released consolidated financial results showing an increase in both revenue and profit for the combined first three quarters (January–September) of the fiscal year ending December 2017. For this period, the company reported 55.76 billion yen ($488.91 million) in sales, up 1.8 percent from the same period a...

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