Toyobo Co., Ltd. Provides Earnings Guidance for the Year Ending March 31, 2021
February 08, 2021 at 11:00 pm EST
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Toyobo Co., Ltd. provided earnings guidance for the year ending March 31, 2021. For the year ending March 31, 2021, the company expected net sales of JPY 335,000 million, operating profit of JPY 23,000 million and profit attributable to owners of parent of JPY 0 or JPY 0 per share.
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. 
