Tokuden Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 2020
February 10, 2021 at 01:00 am
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Tokuden Co., Ltd. announced consolidated earnings results for the nine months ended December 2020. For the period, the company reported net sales of JPY 6,320 million compared to JPY 8,077 million a year ago. Operating profit was JPY 370 million compared to JPY 772 million a year ago. Profit attributable to owners of parent was JPY 308 million compared to JPY 552 million a year ago. Basic earnings per share was JPY 195.11 compared to JPY 349.41 a year ago.
TOKUDEN CO., LTD. is a company engaged in the welding and welding-related businesses. The Company operates in two segments. The Works segment is involved in the welding of manufacturing machinery for the steel making, petrochemical, cement, home electrical appliance, automobile and food industries, as well as facility maintenance-related welding for the steel and non-ferrous metal industries. The Welding Materials segment purchases, manufactures and sells special welding materials, including flux wires, coated electrodes, various wire rods and pulverized materials. The Company is also involved in the sale of aluminum die-casting machine parts, including plunger sleeves, sprue bushes, plunger chips and ladles for automotive industry, the manufacture and sale of deodorization equipment, forced-air cooling apparatus.
TOKUDEN CO., LTD. 
