Tocalo Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2020
January 29, 2021 at 01:00 am
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TOCALO Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2020. For the period, the company reported net sales of JPY 29,131 Million compared to JPY 28,486 Million a year ago. Operating profit was JPY 6,377 Million compared to JPY 5,188 Million a year ago. Recurring profit was JPY 6,479 Million compared to JPY 5,259 Million a year ago. Net income attributable to owners of parent was JPY 4,177 Million compared to JPY 3,370 Million a year ago. Basic Earnings per share was JPY 68.71 compared to JPY 55.41 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.