Denka Co. Ltd. (TYO:4061) has revealed its business results for the first quarter of fiscal 2021, marking a recovery from the same period last year. The company ended the quarter with a sales revenue of 86.73 billion yen ($789.69 million), up 13.8 percent year-on-year; operating profit of 7.75 billion yen, up 76 percent; ordinary profit of 7.52 billion yen, up...
business results
Sumitomo Riko Sees Sales and Profits Rise for Q1
Sumitomo Riko Co. Ltd. (TYO:5191) has posted its business results for the first quarter of fiscal 2021. The company’s sales revenue came to 109.79 billion yen ($1 billion), up 67.9 percent year-on-year; business profit came to 2.71 billion yen, up from an 8.04 billion yen loss; and net profit came to 1.73 billion yen, up from a 7.38 billion yen...
Toyoda Gosei Sees Sales Revenue, Profits Surge Year-on-Year for Q1
Toyoda Gosei Co. Ltd. (TYO:7282) has posted its business results for April–June, revealing a significant improvement from the same quarter last year. The company’s sales revenue was up 82.6 percent year-on-year to 203.12 billion yen ($1.86 billion); operating profit, meanwhile, improved from a loss of 9.81 billion yen to a profit of 11.26 billion yen, with net profit similarly up...
Sumitomo Rubber Posts Record-High Sales Revenue for First Half
Sumitomo Rubber Industries Ltd. (TYO:5110) has revealed its business results for January–June 2021, with the company here recording a new high for half-year sales revenue. Sales revenue for the period came to 440.08 billion yen ($4.02 billion), up 29.4 percent year-on-year; business profit was 30.09 billion yen, up from negative 2.31 billion yen in the first half of last year;...
Tokyo Zairyo Sees Business Results Drop Due to COVID-19, US–China Trade Tensions
Tokyo Zairyo Co. Ltd. has posted its business results for fiscal 2020, showing a hit to its performance across the board. Sales revenue for the raw materials-focused trading firm fell 10.4 percent year-on-year to 77.7 billion yen ($699.65 million), while ordinary profit fell 27.2 percent to 1.9 billion yen and net profit fell 35.5 percent to 1.35 billion yen. In...
Toyo Tires Posts Sales and Profit Growth for January–March Quarter
Toyo Tire Corp. (TYO:5015) has released its business results for the first quarter of calendar 2021, revealing a marked increase to both sales and profit metrics. The company posted 87.74 billion yen ($798.67 million) in sales revenue, up 6.9 percent year-on-year; 12.7 billion yen in operating profit, up 83.1 percent; 16.01 billion yen in ordinary profit, up 328.3 percent; and...