T&K Toka Co., Ltd. Revises Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 25, 2022 at 04:00 am EDT
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T&K Toka Co., Ltd. revised non-consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months ending September 30, 2022, the company now expects net sales to be JPY 18,920 million, operating profit to be JPY 460 million, net income to be JPY 2,140 million and basic earnings per share to be JPY 94.84 against net sales of JPY 18,920 million, operating profit of JPY 460 million, net income of JPY 790 million and basic earnings per share of JPY 35.05 as previously forecasted.
For the full year ending March 31, 2023, the company now expects net sales to be JPY 38,620 million, operating profit to be JPY 1,210 million, net income to be JPY 2,880 million and basic earnings per share to be JPY 127.63 against net sales of JPY 38,620 million, operating profit of JPY 1,210 million, net income of JPY 1,530 million and basic earnings per share of JPY 67.88 as previously forecasted.
T&K TOKA CO.,LTD. is a Japan-based company engaged in sale of printing ink, printing related equipment, printing machines and synthetic resins. The Company is mainly engaged in the sale, import and export of printing inks, synthetic resins for printing, paints and adhesives, printing related materials and equipment. Its main products are UV curable ink, lithographic ink (offset ink), resin letterpress ink (flexo ink), gravure ink, inks for metal printing, special function ink and synthetic resin. In addition, the Company is engaged in industrial waste incineration business and life and casualty insurance agency business.