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Article: Statement of Accounts of Leading Japanese Firms
- Article from:
- Asian Textile Business
- Article date:
- July 1, 2006
- Author:
CopyrightCopyright Osaka Senken Ltd. Jul 2006. Provided by ProQuest LLC. (Hide copyright information)
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Synthetic Fiber Producers
Leaping Non-Textile Renew All-Time High Profits
Out of seven firms, namely, Toray Industries, Inc., Teijin Limited, Toyobo Co., Ltd., Kuraray Co., Ltd., Asahi Kasei Corporation, Unitika Ltd. and Mitsubishi Rayon Co., Ltd., many firms generated high earnings and posted all-time high sales and profits with the non-textile business acting as the engine for the fiscal year ending in March 2006. There is a delay, however, in the textile business under the influence of climbing material and fuel prices.
Each firm except for Unitika and Asahi Kasei renewed all-time high sales, operating profits and ordinary profits. Most of these firms take a much sunnier view of the ...