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Toyota Tsusho Strengthens Governance and Dividend Policy

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Toyota Tsusho Strengthens Governance and Dividend Policy

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Toyota Tsusho ( (JP:8015) ) just unveiled an announcement.

Toyota Tsusho Corporation has outlined its corporate governance policies to enhance management efficiency and transparency while ensuring compliance and financial stability. The company plans to pay progressive dividends with a payout ratio of 30% or more through 2026 and will use retained earnings to strengthen its operational foundation. It will also maintain strategic shareholdings beneficial for long-term business relationships but will reduce holdings that lack justification, exemplified by the reduction of 59 issues in the fiscal year 2024.

More about Toyota Tsusho

Toyota Tsusho Corporation is a part of the Toyota Group and operates in the trading industry, focusing on a broad range of sectors including automotive, chemicals, and electronics. The company aims to generate value and contribute to a prosperous society while maintaining rigorous compliance, transparency, and financial soundness.

YTD Price Performance: -4.13%

Average Trading Volume: 788

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $17.97B

See more data about 8015 stock on TipRanks’ Stock Analysis page.

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