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Toyo Tire ( (JP:5105) ) has provided an update.
Toyo Tire Corporation announced a notable improvement in its financial performance for the second quarter of the fiscal year ending December 31, 2025, surpassing previous forecasts. The company attributed this success to lower-than-expected costs for ocean freight and raw materials, as well as strong sales of priority products. Consequently, Toyo Tire has revised its full-year financial forecasts upward and increased its dividend forecasts, reflecting confidence in its ongoing operational strength and market positioning.
The most recent analyst rating on (JP:5105) stock is a Buy with a Yen2750.00 price target. To see the full list of analyst forecasts on Toyo Tire stock, see the JP:5105 Stock Forecast page.
More about Toyo Tire
Toyo Tire Corporation is a prominent player in the tire industry, primarily focusing on the production and sale of tires. The company is known for its innovative products and has a significant market presence in Japan and internationally.
Average Trading Volume: 1,117,167
Technical Sentiment Signal: Buy
Current Market Cap: Yen505.8B
For a thorough assessment of 5105 stock, go to TipRanks’ Stock Analysis page.