Tokuden Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2020
May 25, 2020 at 02:00 am
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Tokuden Co., Ltd. announced consolidated earnings results for the year ended March 31, 2020. For the year, the company reported net sales of JPY 10,643 million against JPY 10,634 million a year ago. Operating profit was JPY 880 million against JPY 734 million a year ago. Profit attributable to owners of parent was JPY 617 million against JPY 520 million a year ago. Basic earnings per share was JPY 780.99 against JPY 658.59 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. 
