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Toyo Tanso Outperforms Forecasts and Raises Annual Dividend

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Toyo Tanso Outperforms Forecasts and Raises Annual Dividend

The latest update is out from Toyo Tanso Co., Ltd. ( (JP:5310) ).

Toyo Tanso announced that its actual results for the fiscal year ending December 31, 2024, exceeded the previously forecasted figures in operating profit, ordinary profit, and profit attributable to owners of the parent, primarily due to a weaker yen and increased sales of high-value-added products. The company also decided to increase its year-end dividend to 145 yen per share, reflecting its policy to return profits to shareholders while also reinvesting in future growth initiatives.

More about Toyo Tanso Co., Ltd.

Toyo Tanso Co., Ltd. operates in the manufacturing industry, focusing on producing carbon and graphite products. The company is well-known for its high-value-added products, catering to various market segments that require specialized materials.

YTD Price Performance: -3.12%

Average Trading Volume: 83

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €536.9M

Find detailed analytics on 5310 stock on TipRanks’ Stock Analysis page.

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