Toyo Tanso Co., Ltd. Provides Consolidated Earnings Guidance for the December 31, 2023
August 09, 2023 at 02:30 am EDT
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Toyo Tanso Co., Ltd. provided consolidated earnings guidance for the December 31, 2023. For the year, the company expects net sales of JPY 48,500 million against previous guidance of JPY 47,000 million, operating profit of JPY 8,500 million against previous guidance of JPY 8,000 million, profit attributable to owners of parent of JPY 7,000 million against previous guidance of JPY 5,500 million and basic earnings per share of JPY 333.77 against previous guidance of JPY 262.25.
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.