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Toho Holdings Revises Financial Forecasts Following Securities Sale

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Toho Holdings Revises Financial Forecasts Following Securities Sale

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Toho Holdings Co., Ltd. ( (JP:8129) ) just unveiled an announcement.

Toho Holdings has posted a significant gain from the sale of investment securities, amounting to 6,400 million yen on a consolidated basis. This strategic move has prompted the company to revise its full-year financial forecasts, projecting a 35.2% increase in profit attributable to owners of the parent compared to previous estimates, reflecting improved asset efficiency and financial stability.

More about Toho Holdings Co., Ltd.

Toho Holdings Co., Ltd. operates in the healthcare industry, focusing on the distribution of pharmaceuticals and medical devices. The company aims to enhance asset efficiency and strengthen its financial structure.

YTD Price Performance: -2.69%

Average Trading Volume: 206,271

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen285.5B

For detailed information about 8129 stock, go to TipRanks’ Stock Analysis page.

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