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Price Revisions for transmission belts, rubber products and pulleys/metal products

2021.12.13 Other

(Headquarters: Kobe City, Hyogo Prefecture) announces that it has decided to revise the prices of transmission belts, rubber products, and pulleys/metal products that have long been favored by customers, as follows.

1.Background of Price Revision
Prices of raw materials for transmission belts, rubber products, and pulleys/metal products have continued to rise and are expected to continue to do so in the future. In response, we have been working to maintain prices by procuring raw materials, improving productivity and reducing costs to compensate for the price hikes, but we have determined that the situation is more difficult than we can absorb through corporate efforts alone, and we have decided to revise our product prices. We have therefore decided to revise the prices of our products.

2. Applicable Products and Price Revision Rates
(1) Friction transmission belt : 5% increase
(2)Toothed belt : 5% increase
(3)Pulley/metal products : 10-15% increase
(4) Rubber products
 Fir roll, rubber wiper edge, PS belt, flat belt: 5% increase
 BANKOLAN bearings :Up more than 10

3. Implementation period
Effective for orders received on March 1, 2022

We look forward to your continued patronage of our products.

                                       ... and upwards

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