Toyoda Gosei Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2020 and Fiscal Year Ending March 31, 2021
July 31, 2020
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Toyoda Gosei Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2020 and fiscal year ending March 31, 2021. For the six months, the company expects revenue of ¥300,000 million, Operating loss of ¥2,500 million and profit attributable to owners of parent of ¥0 million or ¥0.00 per share.
For the fiscal year ending March 31, 2021, the company expects revenue of ¥690,000 million, Operating profit of ¥18,000 million and profit attributable to owners of parent of ¥8,000 million or ¥61.81 per share.
TOYODA GOSEI CO., LTD. is a company primarily engaged in the manufacture and sale of automobile parts and optoelectronic products. The Company operates in two business segments. The Automobile Parts segment is engaged in the manufacture and sale of body sealing products, such as door weather strip and glass run; functionality parts, including functionality system components and fuel tank modules; interior and exterior parts, such as instrument panels and console boxes; safety system products, such as handles and air bag modules, as well as metal molds and machinery, among others. The Optoelectronic Product segment is engaged in the manufacture and sale of high luminosity light-emitting diode lamp chip for liquid crystal backlights/ illumination light source.