Tokyo Zairyo’s Income Up Seventh Year in a Row, High Value-added Products Contribute

Tokyo Zairyo Corp., a raw material trading company and a subsidiary of Zeon Corp. (TYO:4205), has announced its annual net revenue for the fiscal year ending March 2016 was 87.924 billion yen ($865 million), down 2 percent year-on-year. Ordinary income was 1.854 billion yen, up 2 percent and net profit was 1.357 billion yen, down 13 percent. Ordinary income rose…