Toda Corporation to Recognize ¥7.5 Billion Extraordinary Income from Securities Sale

Toda Corporation ( (JP:1860) ) has shared an announcement.

Toda Corporation announced it expects to recognize an extraordinary income of ¥7.5 billion from the sale of investment securities in the fiscal year ending March 31, 2026. This move aims to reduce cross-shareholdings and improve asset efficiency, reflecting strategic financial management to strengthen the company’s market position.

The most recent analyst rating on (JP:1860) stock is a Hold with a Yen1050.00 price target. To see the full list of analyst forecasts on Toda Corporation stock, see the JP:1860 Stock Forecast page.

More about Toda Corporation

Toda Corporation operates in the construction industry, focusing on providing comprehensive construction services and solutions. The company is involved in various projects, including infrastructure development, building construction, and engineering services, with a market focus on enhancing asset efficiency and financial strength.

Average Trading Volume: 612,282

Technical Sentiment Signal: Buy

Current Market Cap: Yen280.4B

For an in-depth examination of 1860 stock, go to TipRanks’ Stock Analysis page.