TOCALO Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2020
July 30, 2020
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TOCALO Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of JPY 9,911 million against JPY 9,897 million a year ago. Operating profit was JPY 2,227 million against JPY 2,001 million a year ago. Basic earnings per share was JPY 24.12 against JPY 20.85 a year ago. Net income attributable to the owners of the parent was JPY 1,466 million against JPY 1,267 million a year ago.
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.