Toyo Tanso Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and Year Ending December 31, 2023
February 14, 2023 at 01:30 am EST
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Toyo Tanso Co., Ltd. provided consolidated earnings guidance for the six Months Ending June 30, 2023 and Year Ending December 31, 2023. For the period, the company expected net sales of JPY 23,000 million, operating income of JPY 3,800 million, net income attributable to owners of parent of JPY 2,600 million or JPY 123.97 per basic share.
For the year, the company expected net sales of JPY 47,000 million, operating income of JPY 8,000 million, net income attributable to owners of parent of JPY 5,500 million or JPY 262.25 per basic share.
Toyo Tanso Co Ltd is a Japan-based company mainly engaged in the manufacture, processing and sale of carbon products in highly functional fields using isotropic graphite material. The special graphite products include crucibles and heaters for single crystal silicon pulling furnaces, susceptors for metal organic chemical vapor deposition devices, boats for liquid phase epitaxial equipment, continuous casting dies, electric discharge machining electrodes, electrodes for ion implantation equipment, glass sealing jigs, core materials for high-temperature gas reactors, reactor wall materials for fusion reactors. The general carbon products include bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes for vacuum cleaners and large motor brushes. The composite materials and other products include furnace wall materials for nuclear fusion reactor, automotive gaskets and materials for manufacturing solar cell.