Toyo Tanso Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2020
February 12, 2021 at 12:00 pm IST
Share
Toyo Tanso Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended December 31, 2020. On consolidated basis, net sales were JPY 31,226 million compared to JPY 36,402 million a year ago. Operating income was JPY 3,422 million compared to JPY 5,175 million a year ago. Profit attributable to owners of parent was JPY 2,662 million or JPY 126.95 per basic share compared to JPY 2,944 million or JPY 140.40 per basic share a year ago.
On non-consolidated basis, net sales were JPY 22,687 million compared to JPY 26,631 million a year ago. Operating income was JPY 2,670 million compared to JPY 4,142 million a year ago. Net income was JPY 2,381 million or JPY 113.55 per basic share compared to JPY 3,358 million or JPY 160.12 per basic share a year ago.
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.