Tokushu Tokai Paper Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 14, 2022 at 01:00 am EST
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Tokushu Tokai Paper Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected net sales to be JPY 87,000 million. Operating income to be JPY 1,300 million.
Profit attributable to owners of parent to be JPY 3,900 million. Basic earnings per share to be JPY 324.57.
Tokushu Tokai Paper Co., Ltd. is a Japan-based company, principally engaged in the manufacture and sale of pulp and paper products, as well as paper processing, civil engineering and landscaping construction business. The Company operates in three business segments. The Industrial Material segment mainly involves in production, processing and sale of raw paper for cardboard and packaging paper, as well as power sale business. The Specialty Materials segment involves in manufacture, processing and sale of special printing paper and special function paper. The Living Product segment involves in the production, processing and sale of paper towel and toilet paper. The others business involve in civil engineering and landscaping work, production and sale of thermal recycle fuel, transportation business and warehouse business.
TOKUSHU TOKAI PAPER CO., LTD. 
