Tokushu Tokai Paper Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
February 14, 2023 at 11:30 am IST
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Tokushu Tokai Paper Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 87,000 million, operating income of JPY 1,600 million, profit attributable to owners of parent of JPY 3,900 million and basic earnings per share of JPY 324.57.
Tokushu Tokai Paper Co., Ltd. is a Japan-based company, principally engaged in the manufacture and sale of pulp and paper products, as well as paper processing, civil engineering and landscaping construction business. The Company operates in three business segments. The Industrial Material segment mainly involves in production, processing and sale of raw paper for cardboard and packaging paper, as well as power sale business. The Specialty Materials segment involves in manufacture, processing and sale of special printing paper and special function paper. The Living Product segment involves in the production, processing and sale of paper towel and toilet paper. The others business involve in civil engineering and landscaping work, production and sale of thermal recycle fuel, transportation business and warehouse business.