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Toenec Corporation Reports Earnings Discrepancy and Proposes Dividend

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Toenec Corporation Reports Earnings Discrepancy and Proposes Dividend

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The latest update is out from Toenec Corporation ( (JP:1946) ).

Toenec Corporation reported discrepancies between its earnings forecast and actual results for the fiscal year ended March 31, 2025. Despite a slight decline in consolidated net sales due to delays in overseas projects, the company exceeded profit expectations due to improved profitability in domestic operations and gains from shareholdings. Additionally, the company announced a proposed dividend of ¥30 per share, reflecting its commitment to balancing shareholder returns with growth investments.

More about Toenec Corporation

Toenec Corporation operates in the construction industry, focusing on power distribution line work and indoor wiring work. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

YTD Price Performance: 9.11%

Average Trading Volume: 142,295

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen92.94B

For an in-depth examination of 1946 stock, go to TipRanks’ Stock Analysis page.

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