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Tokuyama Reports Strong Fiscal 2024 Performance and Plans Increased Dividends

Story Highlights
  • Tokuyama saw increased sales and profit due to strong semiconductor product sales.
  • The company plans higher dividends, enhancing shareholder returns and capital efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Tokuyama ( (JP:4043) ) is now available.

Tokuyama Corporation reported an increase in both net sales and operating profit for fiscal 2024, driven by strong sales of semiconductor-related products and cost reductions. Despite not meeting all targets of their Medium-Term Management Plan 2025, the company forecasts record highs in net sales, operating profit, and ordinary profit for FY2025. Additionally, Tokuyama plans to enhance shareholder returns by increasing dividends, with a year-end dividend of ¥50 per share for FY2024 and a planned ¥60 per share for FY2025, marking a ¥20 increase for two consecutive periods.

More about Tokuyama

Tokuyama Corporation operates in the chemical industry, focusing on semiconductor-related products and other manufacturing sectors.

YTD Price Performance: 15.50%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.36B

For detailed information about 4043 stock, go to TipRanks’ Stock Analysis page.

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