TOCALO Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2024
July 31, 2023 at 02:00 am EDT
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TOCALO Co.,Ltd. provided consolidated earnings guidance for the second quarter (cumulative) and full year of fiscal year ending March 31, 2024. For the period, the company expects net sales to be JPY 23,000 million, Operating profit to be JPY 4,200 million, net income attributable to owners of parent to be JPY 2,800 million or JPY 46.27 per basic share.
For the full year, the company expects net sales to be JPY 47,000 million, Operating profit to be JPY 8,700 million, net income attributable to owners of parent to be JPY 5,800 million or JPY 96.70 per basic share.
TOCALO Co., Ltd. mainly develops and provides thermal decomposition (TD) processing, ZAC coating processing, plasma transferred arc (PTA) processing, physical vapor deposition (PVD) processing business, with a focus on thermal spray coatings. The Company operates in two business segments. The Thermal Spray Coatings segment provides spray processing for semiconductor and parts of flat panel display (FPD) manufacturing equipment, gas turbines for power generation and batteries for electric power storage, various bearings and other parts for industrial machinery, steel rolls and papermaking rolls, as well as chemical plant parts and other equipment parts. The Domestic Subsidiary segment is engaged in PVD processing for cutting tools, blades, automobile molds and others.
TOCALO CO.,LTD. 
