Tokyo Zairyo Co. Ltd., a raw materials trading firm under the Zeon Group, has posted its business results for fiscal 2021 – revealing sales revenue of 47.11 billion yen, ordinary profit of 2.46 billion yen and net profit of just under 1.7 billion yen. With the company having applied changes including a new revenue recognition standard from the start of...
tokyo zairyo
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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Tokyo Zairyo Posts Decreased Sales and Net Profit, Record-High Ordinary Profit for 2018
Tokyo Zairyo Co. Ltd., a raw materials trading firm operating as part of the Zeon Group, recently posted a mixed bag of results for fiscal 2018. The company’s sales for the year fell 0.2 percent year-on-year to end at 93.12 billion yen ($863.67 million), with ordinary profit up 3.6 percent to 2.06 billion yen and net profit down 6.8 percent...
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Zeon Establishes New Czech Subsidiary to Sell Raw Materials for Auto Parts
Zeon Corp. (TYO:4205) group company Tokyo Zairyo Co. Ltd., a seller of chemicals and other products from stock, recently established a new subsidiary in the Czech Republic capital of Prague. The new subsidiary began operations earlier this month under the name Tokyo Zairyo Czech s.r.o. Utilizing the networks that its parent company has cultivated both locally and overseas, Tokyo Zairyo...
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Zeon Subsidiary Tokyo Zairyo Sees Profit Rise for Ninth Straight Year
Tokyo Zairyo Co. Ltd., a Zeon Corp. (TYO:4205) subsidiary focused on the trading of raw materials, has shown strong financial results for the fiscal year ending March 2018. Fiscal 2017 saw the company generate 93.28 billion yen ($844.28 million) in sales, up 7 percent year-on-year; 1.99 billion yen in ordinary profit, up 2.6 percent; and 1.54 billion yen in net...
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Tokyo Zairyo Focuses on Bolstering US Operations Under New Management Plan
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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