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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Asics Corp. (TYO:7936) saw net sales fall 3.3 percent year-on-year to 203.74 billion yen ($1.87 billion) in its first-half results, running from January 1 to June 30, 2017. Despite a strong showing in the running shoes segment, net sales within Japan decreased 3.4 percent year-on-year to 54.26 billion yen, owing to sluggish performance by sportswear. Sales of running shoes and...
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Sakura Rubber Co. Ltd. (TYO:5189) recently released its financial results for the first quarter of the fiscal year ending March 2018. Company sales rose 11.5 percent year-on-year to 1.95 billion yen ($17.69 million), while operating profit decreased 62.1 percent to 20 million yen. Ordinary profit dipped 1.1 percent to 49 million yen, and quarterly net profit jumped 70.2 percent to...
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Overseas sales for Bando Chemical Industries Ltd. (TYO:5195) increased for the fiscal year ending in March 2017, mainly in Thailand and China. In contrast, the company saw a decline in Japanese domestic sales for industrial belts, which resulted from an industrial-equipment production decline accompanying sluggish capital investment in the country. Overseas sales were affected by declining capital investment in the...
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Major synthetic rubber company JSR Corp. (TYO:4185) has released its business results for fiscal 2016. Sales were up for the company 1 percent year-on-year, rising to 390,599,000,000 yen ($3.34 billion); operating profit was down 5.9 percent at 32.37 billion yen; ordinary income rose 7.8 percent to 36,264,000,000 yen; and net profit, up 25 percent, increased to 30,078,000,000 yen. The company’s...
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Rubber machinery manufacturer Kansai Roll Co. Ltd. is seeing increased earnings of late, thanks in part to progress being made in design and equipment type standardization. Profits have been boosted particularly by the sales growth of test roll machines, says company president Yasuhiko Takagi. Takagi states that there is great demand for Japanese-made test roll machines and that orders are...
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