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Toho Holdings Reports Increased Sales but Declines in Profitability
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Toho Holdings Reports Increased Sales but Declines in Profitability

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Toho Holdings Co., Ltd. ( (JP:8129) ) has shared an update.

Toho Holdings reported consolidated financial results for the nine months ended December 31, 2024, noting a 3.8% increase in net sales to 1,162,052 million yen. However, profit attributable to owners of the parent fell by 23.9% to 10,252 million yen. This reflects challenges in maintaining profitability despite increased sales, potentially impacting stakeholders’ outlook on the company’s fiscal health.

More about Toho Holdings Co., Ltd.

Toho Holdings Co., Ltd. operates in the pharmaceutical distribution industry, focusing on the distribution of pharmaceuticals and medical devices. The company is listed on the Tokyo Stock Exchange and is a key player in the Japanese market for healthcare products.

YTD Price Performance: -6.09%

Average Trading Volume: 207,441

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen275.5B

For a thorough assessment of 8129 stock, go to TipRanks’ Stock Analysis page.

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