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Toho Titanium Co Ltd to Withdraw from Poly Silicone Business; Expects Extraordinary Loss for FY 2013

Thursday, 28 Feb 2013 03:00am EST 

Toho Titanium Co Ltd announced that it has decided to withdraw from the poly silicone business applied in the solar power generation business. Therefore, the joint venture established by Toho Titanium Co Ltd, JNC Corporation and JX Nippon Mining & Metals Corporation will be dissolved. The Company is expecting an extraordinary loss of JPY 2.8 billion due to this development, for the fiscal year ending March 2013. 

Company Quote

5.0 +0.74%
21 Nov 2014