Tocalo Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal Year Ending March 31, 2023 and for Fiscal Year Ending March 31, 2023
July 29, 2022 at 02:00 am EDT
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TOCALO Co. Ltd. provided consolidated earnings guidance for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company expects net sales of JPY 23,600 million, operating profit of JPY 5,400 million, recurring profit of JPY 5,600 million, net income attributable to owners of parent of JPY 3,660 million or JPY 60.17 per share.
For the year ending March 31, 2023, the company expects net sales of JPY 48,200 million, operating profit of JPY 11,200 million, recurring profit of JPY 11,400 million, net income attributable to owners of parent of JPY 7,444 million or JPY 122.36 per share.
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.
Tocalo Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal Year Ending March 31, 2023 and for Fiscal Year Ending March 31, 2023
TOCALO CO.,LTD. 
