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Toda Corporation Lowers Earnings Forecast Amid Delays

Toda Corporation Lowers Earnings Forecast Amid Delays

Toda Corporation (JP:1860) has released an update.

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Toda Corporation has revised its earnings forecasts downward for the fiscal year ending March 31, 2025, due to delays in real estate sales. The company’s net income is now projected to decrease by ¥7 billion, reaching ¥20 billion, although the dividend forecast remains unchanged at ¥29 per share. This adjustment reflects a significant decline in expected operating income and profits.

For further insights into JP:1860 stock, check out TipRanks’ Stock Analysis page.

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