Toyo Tire Reports Mixed Financial Results for Q1 FY2025

The latest update is out from Toyo Tire ( (JP:5105) ).

Toyo Tire Corporation reported a 6.2% increase in net sales for the first quarter of fiscal year 2025, reaching 135,510 million yen. Despite the rise in sales, the company experienced a decline in operating income by 13.7% and a significant drop in ordinary income by 42.7% compared to the same period in FY2024. The Tire Business Unit saw a 6.2% increase in net sales, while the Automotive Parts Business Unit achieved a 6.9% increase in net sales and a notable 62.0% rise in operating income. The company’s total assets and liabilities decreased, but the capital ratio improved to 68.2%, indicating a stronger financial position.

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 Japanese company operating in the automotive industry, primarily focusing on the production and sale of tires and automotive parts.

Average Trading Volume: 1,320,747

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen416.6B

Learn more about 5105 stock on TipRanks’ Stock Analysis page.