Toyobo Co., Ltd. Provides Earning Guidance for the Fiscal Year Ending March 31, 2024
August 07, 2023 at 12:00 am EDT
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Toyobo Co., Ltd. provided earning guidance for the fiscal year ending March 31, 2024. For the period, the company expects net sales of JPY 430,000 million, operating profit of JPY 15,000 million, profit attributable to owners of parent of JPY 4,000 million and net profit per share of JPY 45.00.
Toyobo Co Ltd is a Japan-based company mainly engaged in the film and functional resin business, industrial material business, and textile and commerce business. It has five business segments. Film and Functional Resin segment manufactures, processes and sells packaging films, industrial films, industrial adhesives, engineering plastics and optical functional materials. Industrial Materials segment manufactures, processes and sells automotive fiber materials, super fibers, non-woven fabrics. Textile and Trading segment manufactures and sells functional clothing, apparel products, clothing textiles, and clothing fibers. Healthcare segment manufactures, processes and sells bio products, pharmaceuticals, medical membranes, medical devices, aqua membranes, and functional filters. It is also engaged in the assembly and sale of seawater desalination modules. The Real Estate segment sells, rents and manages movables. It also designs and constructs buildings and machinery and sells equipment.
TOYOBO CO., LTD. 
