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TNSC revealed 1Q closing showing steady growth in energy sector
Taiyo Nippon Sanso revealed its closing for the first quarter of 2012. The sales was down by 3.3% over the previous year, coming to 112.3 billion yen, operation profit down by 18.9%, coming to 6.1 billion yen, and ordinary profit down by 27.9%, coming to 5.8 billion yen, as well as net profit down by 8.0%, coming to 3.0 billion.
While production in car was booming, the demand in electronics and electrical appliance decreased rapidly as well as the appreciation of the yen affected these results.