Innovation

• Book ID: 104438248
• Publisher: Elsevier Science
• Year: 2002
• Weight: 176 KB
• Volume: 2002
• Category: Article
• ISSN: 1468-5736
• DOI: 10.1016/s1468-5736(02)80021-5

✦ Synopsis

tonnes as a result of slow demand from Japanese customers and a decline in exports, particularly to China. Efforts to improve performance by companies included the restructuring of Taiyo Vinyl and Shin Dai-lchi Vinyl, and the withdrawal from the market by Chisso, which sold its operations to Kaneka. Mitsubishi Chemical and Toagosei merged their operations to form V-Tech. Prices were increased successfully in autumn 2001 and this limited losses to Yen 7.6 bn, compared with Yen 12.9 bn in the previous fiscal year. A graph illustrates pre-tax loss-to-sales ratios, and a histogram illustrates sales and pre-tax losses by the sector from fiscal 1999 to 1 H fiscal 2001.