Tosoh Corporation ( (TOSCF) ) has released its Q3 earnings. Here is a breakdown of the information Tosoh Corporation presented to its investors.
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Tosoh Corporation, a leading Japanese chemical company, operates primarily in the petrochemical, chlor-alkali, specialty, and engineering sectors, known for its diverse product offerings and global reach.
Tosoh Corporation has reported a robust performance for the first nine months of its fiscal year ending March 31, 2025, with notable increases across key financial metrics. The company saw a year-on-year increase in net sales by 6.4% to ¥795.7 billion, driven by heightened demand and favorable currency exchange conditions.
The company’s operating income surged by 25.3% to ¥74.6 billion, and ordinary income rose by 20.2% to ¥82.5 billion. This financial growth was largely attributed to the increased sales volume and advantageous foreign exchange gains due to the yen’s depreciation. Additionally, the profits attributable to owners of the parent company increased by 17.3% to ¥48.5 billion. Each business segment, particularly petrochemical and chlor-alkali, contributed to this growth, with engineering also seeing significant gains in operating income.
Looking ahead, Tosoh Corporation remains cautious yet optimistic, revising its full-year forecast upwards, predicting continued growth with net sales expected to reach ¥1,070 billion and operating income to climb to ¥98 billion. The company plans to maintain its strategic focus on enhancing production efficiency and expanding its market presence to sustain this growth trajectory.
