Tomoku Co., Ltd. Forecasts Strong Growth and Hikes Dividend

Tomoku Co., Ltd. (JP:3946) has released an update.

Tomoku Co., Ltd. reported a modest increase in net sales and a significant 33.1% increase in operating profit for the first quarter of 2024, while also forecasting a 6.8% rise in annual sales and over 20% growth in profits by the end of the fiscal year. The company’s financial position remains strong with a 42.1% equity-to-asset ratio, and they plan to increase the annual dividend per share to 90 yen for the fiscal year ending March 2025.

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