zeon

Zeon Sees Sluggish Q1 Sales for Automotive, Industrial Products

Zeon Corp. (TYO:4205) recently revealed its business results for the first quarter of fiscal 2019, showing downward trends to financial indicators. The company’s overall sales came to 82.42 billion yen ($781.76 million) for the quarter, down 1.5 percent year-on-year. Meanwhile, its operating income was down 1.6 percent to 8.33 billion yen, with ordinary income down 10.3 percent to 8.64 billion...

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Tokyo Zairyo Posts Decreased Sales and Net Profit, Record-High Ordinary Profit for 2018

Tokyo Zairyo Co. Ltd., a raw materials trading firm operating as part of the Zeon Group, recently posted a mixed bag of results for fiscal 2018. The company’s sales for the year fell 0.2 percent year-on-year to end at 93.12 billion yen ($863.67 million), with ordinary profit up 3.6 percent to 2.06 billion yen and net profit down 6.8 percent...

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Zeon Fixates on Development Amid Predictions of a Tough Year

Zeon Corp. (TYO:4205) commented recently on its outlook for fiscal 2019, saying that the year will be one requiring patience. Following from this, the company intends to focus on development and gain a better understanding of customers’ real needs, rolling this approach out as a global policy for the fiscal year. While the ongoing U.S.–China trade war does not have...

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Zeon Opens Crowdfunding Page for Newly Developed Solar-Powered Lamp

Synthetic rubber manufacturer Zeon Corp. (TYO:4205) recently announced that its Project LNES open innovation project has commercialized a solar card-based lamp with the development name of LNES SL-01. The company is currently looking for backers for the product on Green Funding by T-Site, a crowdfunding website. Looking to pursue the potential of plastic solar, Project LNES is developing products in...

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Zeon Achieves Growth to S-SBR Sales, Expects to Hit Capacity in 2020

Zeon Corp. (TYO:4205) is seeing strong sales growth with its business for solution-polymerized styrene–butadiene rubber (S-SBR), recording year-on-year growth of 9 percent to its sales here for fiscal 2018. Going forward, the expectation is that this same level of growth will continue – and if it does, the company will likely have both its production and its sales of S-SBR...

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Zeon Splits up COP Processing Subsidiary to Expand in Bio

Zeon Corp. (TYO:4205) announced on April 1 that it has spun off the Sano plant that performs injection molding for Optes Inc., a cyclo-olefin polymer (COP) processing and manufacturing subsidiary. In establishing the new Zeon Opto Bio Lab Co. Ltd. as a result of this, Zeon plans to grow by strengthening its prototyping business in the optics, medical and bio...

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