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An update from TOYO ELECTRIC MFG CO LTD ( (JP:6505) ) is now available.
Toyo Denki Seizo K.K. announced that its Board of Directors has reviewed and evaluated its current strategies to enhance management with a focus on capital cost and stock price. The company reported a significant increase in profits for the fiscal year ending May 31, 2025, achieving its ROE target ahead of schedule due to large overseas projects. However, Toyo Denki acknowledges the need to strengthen profitability and asset efficiency for sustainable growth. The company plans to improve its PBR by boosting growth rates and enhancing shareholder returns.
More about TOYO ELECTRIC MFG CO LTD
Toyo Denki Seizo K.K. operates in the electrical manufacturing industry, focusing on producing a range of electrical equipment and systems. The company is known for its involvement in large-scale overseas projects and aims to enhance its market position by improving profitability and asset efficiency.
Average Trading Volume: 63,081
Technical Sentiment Signal: Buy
Current Market Cap: Yen17.77B
See more insights into 6505 stock on TipRanks’ Stock Analysis page.