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Toyo Ink Announces 3Q 2011 Results

Sales up marginally while net income declines

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Toyo Ink SC Holdings Co., Ltd. announced its third quarter financial results for the fiscal year ended March 31, 2012. For the first three quarters of fiscal year 2011, Toyo Ink reported net sales of 185,596 million yen, an increase of 0.2% from the same period in 2010. However, operating income was 10,941 million yen, which declined 28.2% from the same period in 2010. Toyo Ink noted that during the consolidated first three quarters, the Japanese economy remained weak, given difficulty in pro...

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