Tigers Polymer, a manufacturer of rubber parts for home appliances and automobiles, will establish a subsidiary in Rayong Province, Thailand. The subsidiary, tentatively named Tigerflex (Thailand), will be a wholly owned holding company and will manufacture rubber and resin products for home appliances and automobiles. It is scheduled to be established in October this year and to start operations in...
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Tigers Polymer Corp. (TYO:4231) President Kentaro Watanabe recently sat down with Japan Rubber Weekly to talk about his company’s overseas operations for 2017 and where he expects to see things go here moving forward. Sales for the industrial rubber and resin products manufacturer are generally in good shape across the Americas, Southeast Asia and China, Watanabe said, particularly in China....
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Rubber sheet manufacturer Tigers Polymer Corp. (TYO:4231) recently released strong business results for the first half (April–September) of the fiscal year ending March 2018. Robust results in the company’s rubber sheet business were evidenced by a nearly double-digit increase in revenue year-on-year. Demand from Tigers Polymer’s main customers in the civil engineering, construction and automotive industries was sluggish in the...
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Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
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As companies are releasing their second-quarter earnings for the business year ending on March 31, 2017, some stand out for their revisions to projected full-year earnings. Cost-cutting boosted profits for some, while the higher yen hurt others. The following companies announced upward revisions to profit for the period: Achilles Corp. (TYO:5142), Okamoto Industries Inc. (TYO:5122), Mitsuboshi Belting Ltd. (TYO:5192), Tigers...
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Tigers Polymer Corp. (TYO:4231), a manufacturer of automotive intake system parts and synthetic resin hoses, recorded an increase in sales volume as well as in operating and pretax profits for the first quarter of fiscal 2016. Quarterly net profit, however, was slightly down after factoring in the nonrecurring expense of losses from the sale of fixed assets. Breaking down the...
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