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The latest update is out from TOYO ELECTRIC MFG CO LTD ( (JP:6505) ).
Toyo Denki Seizo K.K. has revised its consolidated performance and dividend forecasts for the fiscal year ending May 31, 2025, citing stronger-than-expected demand in its Transportation Business and successful cost reduction efforts. The company has increased its net sales forecast by 2.7% and its profit attributable to owners by 8.3%, leading to a revised year-end dividend forecast of 44 yen per share, up from the previous 40 yen, reflecting its commitment to enhancing corporate value and shareholder returns.
More about TOYO ELECTRIC MFG CO LTD
Toyo Denki Seizo K.K. operates in the transportation industry, focusing on the production and supply of electrical equipment and systems. The company is known for its maintenance parts and services, which are integral to its market focus.
YTD Price Performance: 13.61%
Average Trading Volume: 38,363
Technical Sentiment Signal: Sell
Current Market Cap: Yen12.24B
For an in-depth examination of 6505 stock, go to TipRanks’ Stock Analysis page.