Toyo Tanso Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2019 and Fiscal Year Ending December 31, 2019
February 14, 2019 at 01:30 am EST
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Toyo Tanso Co. Ltd. reported consolidated and non-consolidated earnings results for the full year ended December 31, 2018. For the full year, the consolidated company reported net sales of JPY 41,132 million compared to JPY 35,240 million a year ago. Operating income was JPY 7,009 million compared to JPY 3,708 million a year ago. Profit was JPY 4,992 million compared to JPY 3,146 million a year ago. Profit attributable to owners of parent per basic share was JPY 234.52 compared to JPY 145.52 a year ago.
For the full year, the non-consolidated company reported net sales of JPY 29,615 million compared to JPY 24,324 million a year ago. Operating income was JPY 4,517 million compared to JPY 2,113 a year ago. Net income was JPY 4,032 million compared to JPY 1,866 million a year ago. Net income per share was JPY 192.61 compared to JPY 89.89 a year ago.
For the six months ending June 30, 2019, the consolidated company expected net sales to be JPY 19,500 million. Operating income to be JPY 2,400 million. Profit attributable to owners of parent to be JPY 1,700 million. Basic earnings per share to be JPY 81.06.
For the year ending December 31, 2019, the consolidated company expected net sales to be JPY 40,000 million. Operating income to be JPY 5,000 million. Profit attributable to owners of parent to be JPY 3,500 million. Basic earnings per share to be JPY 166.88.
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.
Toyo Tanso Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2019 and Fiscal Year Ending December 31, 2019
TOYO TANSO CO., LTD. 
