Toyo Tanso Co., Ltd. Revises Earnings Guidance for the Fiscal Year 2022
August 16, 2022 at 09:30 pm EDT
Share
Toyo Tanso Co., Ltd. revised earnings guidance for the fiscal year 2022. For the year, the company expected JPY 43 billion in net sales, a 14% increase over the previous year and a 2.4% increase over the initial forecast. Operating income is expected to be JPY 7.3 billion, up 28.8% from the previous year and 4.3% from the initial forecast.
Net income is expected to be JPY 5.3 billion, up 18.7% from the previous year and 6% from the initial forecast.
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. 
