Toyo Tanso Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 10, 2023 at 02:30 am EDT
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Toyo Tanso Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 11,304 million. Net income was JPY 1,833 million.
Basic earnings per share from continuing operations was JPY 87.44.
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.