Tokuden Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 2020
November 12, 2020 at 01:00 am
Share
Tokuden Co., Ltd. reported consolidated earnings results for the second quarter ended September 2020. For the quarter, the company reported net sales of JPY 4,315 million against JPY 5,373 million a year ago. Operating income was JPY 242 million against JPY 563 million a year ago. Ordinary income was JPY 279 million against JPY 576 million a year ago. Profit attributable to owners of parent was JPY 193 million against JPY 396 million a year ago. Basic earnings per share were JPY 122.68 against JPY 251.00 per share 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. 
