TOYO ELECTRIC MFG CO LTD (JP:6505) has released an update.
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Toyo Electric MFG Co Ltd reports a solid fiscal year with net sales increasing by 3.6% and operating profit surging by 79.2%. The company’s financial strength is further highlighted by a 50.5% equity-to-asset ratio and the announcement of consistent annual dividends per share at 30 yen. Looking ahead, Toyo Electric projects even stronger performance with a 15.1% rise in net sales and significant gains in operating profit and earnings per share for the fiscal year ending May 2025.
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