Tokuden Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 2021
November 12, 2020 at 01:00 am
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Tokuden Co., Ltd. provided consolidated earnings guidance for the year ending March 2021. For the year, the company expects net sales of JPY 8,700 million, operating profit of JPY 436 million, ordinary profit of JPY 516 million and profit attributable to owners of parent of JPY 366 million or JPY 231.49 per share.
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.