Toyo Tanso Co., Ltd. Provides Earnings Guidance for the Year Ending December 31, 2023
November 19, 2023 at 09:00 pm EST
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Toyo Tanso Co., Ltd. provides earnings guidance for the year ending December 31, 2023. For the period, the company expects Net sales JPY 48,500 million, Operating profit JPY 8,500 million, Profit attributable to owners of parent JPY 7,000 million and Profit attributable to owners of parent per share JPY 333.77.
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.