Tomoegawa Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2017
May 12, 2016
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Tomoegawa Co., Ltd. reported consolidated earnings results for the year ended March 31, 2016. For the year, the company reported revenue of ¥33,502 million compared to ¥34,114 million, operating income of ¥290 million compared to ¥185 million, ordinary income of ¥18 million compared to ¥476 million and net income attributable to owners of parent of ¥929 million or ¥18.23 per share compared to ¥48 million or ¥0.96 per share for the last year.
The company provided earnings guidance for the first half and fiscal year ending March 31, 2017. For the first half, the company expects revenue of ¥17,000 million, operating income of ¥50 million and net income attributable to owners of parent of ¥100 million or ¥1.96 per share.
For the year ending March 31, 2017, the company expects revenue of ¥35,000 million, operating income of ¥500 million, ordinary income of ¥400 million and net income attributable to owners of parent of ¥50 million or ¥0.98 per share.
Tomoegawa Corp, formerly Tomoegawa Co Ltd, is a Japan-based company mainly engaged in the manufacture of toner and electronic materials, as well as paper manufacturing and coated paper-related businesses. The Company operates business through five segments. The toner segment is engaged in the production and sale of toner. The electronic materials segment is engaged in the production and sale of flat panel display (FPD) related products and semiconductor related products. The functional paper segment produces and sells paper-related products, functional paper-related products, and coated paper-related products. The security media segment is engaged in the manufacture, processing, and sale of securities, cards, forms, magnetic recording-related products, as well as information processing-related businesses. The new development business is engaged in the development and sale of new products by integrating the basic and elemental technologies owned by the group.
Tomoegawa Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2017
TOMOEGAWA CORPORATION 
