TOCALO Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2020
October 30, 2020 at 02:00 am EDT
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TOCALO Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2020. For the period, net sales were JPY 19,093 million against JPY 18,794 million a year ago. Operating income was JPY 4,091 million against JPY 3,348 million a year ago. Net income attributable to owners of parent was JPY 2,688 million against JPY 2,148 million a year ago. Basic EPS was JPY 44.22 against JPY 35.34 a year ago.
TOCALO Co., Ltd. mainly develops and provides thermal decomposition (TD) processing, ZAC coating processing, plasma transferred arc (PTA) processing, physical vapor deposition (PVD) processing business, with a focus on thermal spray coatings. The Company operates in two business segments. The Thermal Spray Coatings segment provides spray processing for semiconductor and parts of flat panel display (FPD) manufacturing equipment, gas turbines for power generation and batteries for electric power storage, various bearings and other parts for industrial machinery, steel rolls and papermaking rolls, as well as chemical plant parts and other equipment parts. The Domestic Subsidiary segment is engaged in PVD processing for cutting tools, blades, automobile molds and others.