zeon

Interview: Zeon President Kimiaki Tanaka Explains Plan to Boost Focus on Specialty Elastomers

Zeon Corp. (TYO:4205) has set its sights on having speciality products make up a larger proportion of its elastomers business going forward. Company president Kimiaki Tanaka took some time out recently to speak with Japan Rubber Weekly about these plans. Tanaka noted that in its business for elastomer materials, Zeon recently started up a new Thai plant for acrylic rubber....

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Zeon Sees First-Half Elastomer Sales Fall 8.3% Amid Weakening Demand

Zeon Corp. (TYO:4205) recently posted its business results for the first half of fiscal 2019, showing sales from the company’s elastomer business as falling 8.3 percent year-on-year to 91.92 billion yen ($842.35 million). Meanwhile, operating income from Zeon’s elastomer business fell 37.5 percent for the first half, declining 3.6 billion yen year-on-year to end at to 5.97 billion yen. Negative...

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Zeon to Bolster Cycloolefin Polymer Production

Zeon Corp. (TYO:4205) has decided to boost cycloolefin polymer (COP) production capacity at its Mizushima Plant in Kurashiki, Okayama Prefecture. The move comes as an effort to respond to rising demand for optical film. Through this project, Zeon intends to increase its production capacity for this highly transparent thermoplastic resin from a current level of 37,000 tons per year up...

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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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