Tokuden Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 11, 2022 at 01:00 am
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Tokuden Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects Net sales of JPY 9,400 million, Operating profit to be JPY 800 million, Profit attributable to owners of parent to be JPY 640 million and Basic earnings per share to be JPY 404.78.
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.