Business Description
The Engineering Group manufactures and sells water treatment systems and operates construction and repair businesses. To learn more about Tosoh's Engineering business group, please click here.
Fiscal 2020 Results
The Engineering Group’s net sales increased ¥2.6 billion, or 2.6%, to ¥101.5 billion, compared with fiscal 2019. Operating income also increased, ¥4.4 billion, or 53.4%, to ¥12.7 billion.
The water treatment business benefited from significant progress on major electronics industry construction projects in Japan and Taiwan. Service solutions, such as maintenance and equipment modification in various fields, also performed well.
Growth particularly for the plant division of the water treatment business was among the reasons for the increase in operating income. Improved profitability owing to cost reductions in projects in Japan and overseas and increased sales by the service solutions division, for which profit margins are high, also bolstered operating income.