Tomoegawa Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
November 11, 2019
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Tomoegawa Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported revenue of JPY 15,560 million, operating income of JPY 110 million, ordinary income of JPY 89 million and net loss attributable to owners of the parent of JPY 183 million or JPY 18.12 per share as compared to net sales of JPY 16,447 million, operating income of JPY 305 million, ordinary income of JPY 317 million and net income attributable to owners of the parent of JPY 85 million or JPY 8.41 per share for the same period a year ago.
The company provides earnings guidance for the year ending March 31, 2020. For the year ending March 31, 2018, the company expects revenue of JPY 32,000 million, operating income of JPY 250 million, ordinary income of JPY 200 million.
Tomoegawa Corp, formerly Tomoegawa Co Ltd, is a Japan-based company mainly engaged in the manufacture of toner and electronic materials, as well as paper manufacturing and coated paper-related businesses. The Company operates business through five segments. The toner segment is engaged in the production and sale of toner. The electronic materials segment is engaged in the production and sale of flat panel display (FPD) related products and semiconductor related products. The functional paper segment produces and sells paper-related products, functional paper-related products, and coated paper-related products. The security media segment is engaged in the manufacture, processing, and sale of securities, cards, forms, magnetic recording-related products, as well as information processing-related businesses. The new development business is engaged in the development and sale of new products by integrating the basic and elemental technologies owned by the group.
Tomoegawa Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
TOMOEGAWA CORPORATION 
