Tokai (JP:9729) has released an update.
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Tokai Corp reported a 5.1% year-on-year increase in net sales to 35,215 million yen for the three months ended June 30, 2024, despite a slight dip in operating profit by 0.7%. The company also experienced a substantial rise in profit attributable to owners of the parent by 38.7% to 1,717 million yen. Additionally, Tokai forecasted a total annual dividend of 58.00 yen per share for the fiscal year ending March 31, 2025.
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