Tocalo Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2021
January 29, 2021 at 01:00 am EST
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TOCALO Co., Ltd. Provided Consolidated Earnings guidance for the Fiscal Year Ending March 31, 2021. For the period, the company expects net sales to be of JPY 38,200 Million. Operating profit expected to be of JPY 8,000 Million. Recurring profit expected to be of JPY 8,200 Million. Net income attributable to owners of parent expected to be of JPY 5,200 Million. Basic Earnings per share expected to be of JPY 85.
TOCALO Co., Ltd. mainly develops and provides thermal decomposition (TD) processing, ZAC coating processing, plasma transferred arc (PTA) processing, physical vapor deposition (PVD) processing business, with a focus on thermal spray coatings. The Company operates in two business segments. The Thermal Spray Coatings segment provides spray processing for semiconductor and parts of flat panel display (FPD) manufacturing equipment, gas turbines for power generation and batteries for electric power storage, various bearings and other parts for industrial machinery, steel rolls and papermaking rolls, as well as chemical plant parts and other equipment parts. The Domestic Subsidiary segment is engaged in PVD processing for cutting tools, blades, automobile molds and others.