toothed belts

Mitsuboshi Belting Reports Flat Sales, Moves Forward With Value-Added Products

Mitsuboshi Belting Ltd. (TYO:5192) has reported 56.48 billion yen ($504 million) in sales for its belt business for the fiscal year ending March 2017, down 1.7 percent from a year prior. The company forecasts no domestic sales growth for its belt business for the current fiscal year. A decline of domestic farms and agricultural equipment retailers has led to shrinking...

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Belt Production Decreases for Eighth Straight Month

Production volume for rubber belts in April was down 4 percent year on year, marking eight straight months of such decreases. Meanwhile, year-on-year exports for that month were up by 3 percent, although a cooling domestic market led to a 6 percent decline in Japan. Figures for each belt category released by the Japan Belting Manufacturers Association indicate that production...

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