Tomoegawa Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
November 09, 2016
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Tomoegawa Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the six months, the company announced revenue of JPY 15,188 million against JPY 16,965 million a year ago. Operating loss was JPY 65 million against operating income of JPY 241 million a year ago. Ordinary loss was JPY 144 million against income of JPY 133 million a year ago. Net loss attributable to owners of parent company was JPY 371 million or JPY 7.28 per share against JPY 4 million or JPY 0.08 per share a year ago.
The company provided earnings guidance for the full year ending March 31, 2017. For the full year ending March 31, 2017, the company expects revenue of JPY 33,000 million, operating income of JPY 300 million, ordinary income of JPY 200 million and net income attributable to owners of parent of JPY 50 million or JPY 0.98 per share.
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. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
TOMOEGAWA CORPORATION 
