Toda Kogyo Corp. (JP:4100) has released an update.
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Toda Kogyo Corp. reports an increase in net sales of 18.2% in the three months ending June 30, 2024, compared to the previous year, despite a significant decrease in profits with profit attributable to owners plummeting by 95.7%. The company’s equity ratio improved slightly from 25.8% to 27.6% over the quarter. They have also projected a 22% increase in net sales for the full fiscal year ending March 31, 2025, along with a substantial rise in operating profit.
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