ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Toyo Ink's profit seen slightly down on sluggish demand for LCD ink

TOKYO -- Toyo Ink SC Holdings' operating profit for the April-December period appears to have edged down on the year to just below 14 billion yen ($119 million), weighed down by lackluster sales of color-filter ink used in liquid crystal displays.

     While a drop in material costs linked to cheap crude oil improved margins in resin and ink products, sales lacked momentum for the mainstay color-filter ink used in LCDs for smartphones and televisions. Sales for the period likely came in roughly flat on the year, at a little over 210 billion yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more