Tokyo Zairyo Co. Ltd., a raw material trading company and a subsidiary of Zeon Corp. (TYO:4205), achieved record profits for the seventh year in a row in the fiscal year ending March 2017. Now starting this fiscal term, the company has implemented a new medium-term management plan. Sitting down recently with Japan Rubber Weekly, President Shuichi Kakinuma said that the...
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Tokyo Zairyo Achieves Seventh Straight Year of Record Ordinary Profit
Zeon Corp. (TYO:4205) subsidiary Tokyo Zairyo Co. Ltd. has announced its results for the year ending March 2017. The raw material trading company has reported 87.17 billion yen ($769.82 million) in sales, 1.94 billion yen in ordinary profit and 1.44 billion yen in net income. While sales were down 0.9 percent from a prior year, ordinary profit and net income...
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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...
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