TOCALO Co., Ltd. Provides Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2022; Provides Earnings Guidance for the Year Ending March 31, 2022
July 30, 2021 at 02:00 am
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TOCALO Co., Ltd. provided earnings guidance for the six months of fiscal year ending March 31, 2022. For the six months, the company expects net sales of JPY 20,000 million, operating profit of JPY 4,300 million, recurring profit of JPY 4,300 million, net income attributable to owners of parent of JPY 2,800 million or JPY 46.05 per share.
For the year ending March 31, 2022, the company expects net sales of JPY 41,000 million, operating profit of JPY 9,000 million, recurring profit of JPY 9,000 million, net income attributable to owners of parent of JPY 5,800 million or JPY 95.38 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 Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2022; Provides Earnings Guidance for the Year Ending March 31, 2022