Toyo Tanso Co., Ltd. Revises Earning Guidance for the Year Ending December 31, 2021
August 10, 2021 at 02:30 am
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Toyo Tanso Co., Ltd. revised earning guidance for the year ending December 31, 2021. For the year, the company now expects net sales of ¥36,500 million against previous forecast of ¥33,600 million, operating income of ¥5,600 million against previous forecast of ¥4,000 million, profit attributable to owners of the company was ¥4,200 million or ¥200.26 per share against ¥2,900 million or ¥138.27 per share.
Toyo Tanso Co Ltd is a Japan-based company mainly engaged in the manufacture, processing and sale of carbon products in highly functional fields using isotropic graphite material. The special graphite products include crucibles and heaters for single crystal silicon pulling furnaces, susceptors for metal organic chemical vapor deposition devices, boats for liquid phase epitaxial equipment, continuous casting dies, electric discharge machining electrodes, electrodes for ion implantation equipment, glass sealing jigs, core materials for high-temperature gas reactors, reactor wall materials for fusion reactors. The general carbon products include bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes for vacuum cleaners and large motor brushes. The composite materials and other products include furnace wall materials for nuclear fusion reactor, automotive gaskets and materials for manufacturing solar cell.