Toyo Tanso Co., Ltd. Revises Earnings Guidance for the Six Months Ending June 30, 2021 and Full Year Ending December 31, 2021
May 12, 2021 at 12:00 pm IST
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Toyo Tanso Co., Ltd. revised earnings guidance for the six months ending June 30, 2021 and full year ending December 31, 2021. For the period, the company now expected net sales of JPY 16,500 million up from the previous guidance of JPY 15,800 million. Operating income is expected to be JPY 1,800 million up from the previous guidance of JPY 1,600 million. Profit attributable to owners of parent was JPY 1,300 million up from the previous guidance of JPY 1,100 million. Profit attributable to owners of parent per share was JPY 61.99 million up from the previous guidance of JPY 52.45 million.
For full year, the company now expected net sales of JPY 33,600 million up from the previous guidance of JPY 32,500 million. Operating income is expected to be JPY 4,000 million up from the previous guidance of JPY 3,500 million. Profit attributable to owners of parent was JPY 2,900 million up from the previous guidance of JPY 2,500 million. Profit attributable to owners of parent per share was JPY 138.27 million up from the previous guidance of JPY 119.20 million.
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.
TOYO TANSO CO., LTD. 
