Updated
Updated · MarketWatch · May 8
Tomoku reports higher full-year net profit
Updated
Updated · MarketWatch · May 8

Tomoku reports higher full-year net profit

3 articles · Updated · MarketWatch · May 8
  • For the year ended 31 March, the Japanese packaging company posted revenue of Y224.09 billion and operating profit of Y11.38 billion, up from Y219.61 billion and Y9.36 billion.
  • Pretax profit rose to Y11.45 billion from Y9.40 billion, while earnings per share increased to Y446.46 from Y395.46.
  • The results were prepared under Japanese accounting standards, with net profit increasing to Y7.36 billion from Y6.51 billion in the previous fiscal year.
With a record-weak yen, how is Tomoku turning rising import costs into historic profits?
As packaging rivals become partners, what is the ultimate goal of their new strategic alliance?