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Toda Corporation ( (JP:1860) ) has shared an update.
Toda Corporation anticipates recognizing a gain of ¥9.0 billion from the sale of investment securities, of which ¥4.3 billion is recorded as Extraordinary Income in the third quarter of the fiscal year ending March 31, 2025. This move aims to reduce cross-shareholdings, improve financial strength, and is reflected in the company’s earnings forecast for the fiscal year.
More about Toda Corporation
Toda Corporation operates in the construction industry, focusing on providing comprehensive construction services and solutions. The company engages in building construction, civil engineering, and real estate development, with a strategic emphasis on enhancing asset efficiency and financial stability.
YTD Price Performance: -3.43%
Average Trading Volume: 652,170
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen280.8B
See more insights into 1860 stock on TipRanks’ Stock Analysis page.