TOCALO Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended June 30, 2021
July 30, 2021 at 02:00 am
Share
TOCALO Co., Ltd. reported consolidated earnings results for the three months ended June 30, 2021. For the period, the company reported net sales of JPY 10,736 million against JPY 9,953 million a year ago. Operating profit was JPY 2,759 million against JPY 2,269 million a year ago. Recurring profit was JPY 2,839 million against JPY 2,276 million a year ago. Basic earnings per share was JPY 30.69 against JPY 24.12 a year ago. Net income attributable to owners of parent was JPY 1,865 million against JPY 1,466 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.