Toyo Ink Sc Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter of 2017; Provides Earnings Guidance for the Year 2018
August 07, 2017 at 02:00 am EDT
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Toyo Ink SC Holdings Co., Ltd. Reported consolidated earnings results for the first quarter of 2017. For the quarter, the company reported net sales of JPY 66.3 billion compared to JPY 65.5 billion a year ago. Operating income was JPY 4.6 billion compared to JPY 3.8 billion a year ago. Recurring income was JPY 5.0 billion compared to JPY 3.3 billion a year ago. Net income was JPY 3.6 billion compared to JPY 2.2 billion a year ago.
For the year 2018, the company expects net sales of JPY 235.0 billion, operating income of JPY 16.3 billion, recurring income of JPY 16.6 billion and net income of JPY 68.7 billion.
artience Co Ltd, formerly Toyo Ink SC Holdings Co Ltd, is a Japan-based company mainly engaged in the manufacture of chemical products. The Company operates through four business segments. The Color Materials and Functional Materials-Related segment is engaged in the manufacture and sale of organic pigments, processed pigments, colorants for plastics, color filter materials, inkjet materials and lithium ion battery materials. The Polymer and Coating-Related segment manufactures and sells paints for cans, resins, adhesives, adhesives, coating materials, natural materials and medical products. The Package-Related segment manufactures and sells gravure ink, flexo ink and gravure cylinder plate making. The Printing and Information-Related segment manufactures and sells offset ink, metal ink, printing machinery, printing equipment, prepress systems, printing materials, inkjet materials, and others. The Company also sells raw materials.
ARTIENCE CO., LTD. 
