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Toyota Boshoku ( (JP:3116) ) has issued an update.
For the nine months ended December 31, 2024, Toyota Boshoku reported a slight decline in revenue to 1.45 trillion yen, with significant reductions in operating and net profits compared to the previous year. This downturn is attributed to changes in the scope of consolidation, including the exclusion of several subsidiaries, impacting the company’s financial performance and signaling potential restructuring efforts.
More about Toyota Boshoku
Toyota Boshoku Corporation operates within the automotive industry, focusing on the manufacture and distribution of interior components, filtration, and powertrain systems primarily for vehicles. It is listed on the Tokyo and Nagoya stock exchanges.
YTD Price Performance: 0.31%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.43B
For an in-depth examination of 3116 stock, go to TipRanks’ Stock Analysis page.