Taiyo Holdings Revises Earnings Forecast and Increases Dividend Amid Extraordinary Losses

Taiyo Holdings Co., Ltd. ( (JP:4626) ) just unveiled an update.

Taiyo Holdings Co., Ltd. announced a revision of its full-year earnings forecast for the fiscal year ended March 31, 2025, due to the recognition of extraordinary losses amounting to 7,010 million yen. These losses were attributed to impairment in the sales rights of its subsidiary, TAIYO Pharma Co., Ltd., driven by factors such as yen weakness, inflation, and changes in the market environment. Despite these challenges, Taiyo Holdings has decided to increase its year-end dividend from 40 yen to 150 yen per share, reflecting its commitment to returning profits to shareholders and maintaining a strong Dividend on Equity ratio.

More about Taiyo Holdings Co., Ltd.

Taiyo Holdings Co., Ltd. operates in the chemical industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company primarily focuses on the production of chemicals and pharmaceuticals, with a significant market presence in Japan.

YTD Price Performance: -0.12%

Average Trading Volume: 124,875

Technical Sentiment Signal: Sell

Current Market Cap: Yen233B

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