Global LED & Auto parts maker Toyoda Gosei shares closed 28 days after the announcement at this year’s first half (April-September 2011) 7-September earnings during the main customers (depot) Although the present response capacity, However, the impact of lead by the 311 earthquake in Japan and North American vehicle production decreased sharply in April-June period, it consolidated revenue decline of 18.6% over last year to 2,168 billion yen and consolidated operating benefits plummeted 98.1 percent to 300 million yen, consolidated net also benefit from the same period last year to a surplus of 9.5 billion yen a loss of 13 billion yen.
Toyoda Gosei said, because mobile phone with LED drop in sales prices, coupled with the impact of the yen soaring, so from April to September the company’s optical business unit (including LED chips / bulbs and other LED related products) revenues decline over last year 7.6% to 180 billion yen, operating benefits plummeted 93% to 200 million yen; automotive components sector revenue was reduced by the effects of depot production decline 19.5 percent from a year earlier to 1,946 billion yen, operating benefits from the same period last year 29 one hundred million yen plummeted to 0.11 billion yen.
Toyoda Gosei that, if alone in the previous quarter (July to September) performance point of view, consolidated revenue declined 5 percent from a year earlier to 1,229 billion yen and consolidated operating benefits decline 35 percent to 49 billion yen and consolidated net income also decline 40 % to 22 billion yen.
Toyoda Gosei and that this year (April 2011 March 2012) consolidated revenue, business interests, net profit target to maintain the original estimate of 500 billion yen (be was reduced 3.3%), 200 billion yen (be years minus 33.2%), 110 billion yen (to decline 35.7%) unchanged.
Toyoda Gosei Taiwan Epistar partners, present, except with the crystal electric concluded cross-licensing agreement, but also at the end of 2010 and the crystal electric and Toyoda Gosei Taiwan agents London Italian (TwinHill) set up a joint venture in Taiwan, responsible for LED R & D, production and trafficking.