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...
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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...
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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;...
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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...
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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...
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