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TOYO ELECTRIC MFG CO LTD ( (JP:6505) ) has provided an update.
Toyo Denki Seizo K.K. announced the sale of a portion of its cross-shareholdings, resulting in an extraordinary income gain of 281 million yen. This move aims to improve asset efficiency and strengthen the company’s financial structure, with the gain being recognized in the fiscal year ending May 31, 2025.
More about TOYO ELECTRIC MFG CO LTD
Average Trading Volume: 38,768
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen11.76B
See more data about 6505 stock on TipRanks’ Stock Analysis page.