Tokuden Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
February 13, 2018 at 01:00 am EST
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Tokuden Co., Ltd. reported consolidated earnings results for the nine months ended December 2017. For the quarter, the company reported net sales of JPY 6,833 million against JPY 6,609 million a year ago. Operating income was JPY 483 million against JPY 461 million a year ago. Ordinary income was JPY 492 million against JPY 473 million a year ago. Profit attributable to owners of parent was JPY 340 million against JPY 326 a year ago. Net income per share was JPY 426.33 against JPY 407.95 a year ago.
For the full year ending March 31, 2018, the company expects net sales of JPY 9,000 million, operating income of JPY 483 million, ordinary income of JPY 491 million, profit attributable to owners of parent of JPY 328 million and net income per share JPY 410.33.
TOKUDEN CO., LTD. is a company engaged in the welding and welding-related businesses. The Company operates in two segments. The Works segment is involved in the welding of manufacturing machinery for the steel making, petrochemical, cement, home electrical appliance, automobile and food industries, as well as facility maintenance-related welding for the steel and non-ferrous metal industries. The Welding Materials segment purchases, manufactures and sells special welding materials, including flux wires, coated electrodes, various wire rods and pulverized materials. The Company is also involved in the sale of aluminum die-casting machine parts, including plunger sleeves, sprue bushes, plunger chips and ladles for automotive industry, the manufacture and sale of deodorization equipment, forced-air cooling apparatus.
Tokuden Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
TOKUDEN CO., LTD. 
