Toyo Co., Ltd. shares fall 1.30% after-hours as operating profit increases 53% Q/Q.

Toyo Co., Ltd. declined 1.30% in after-hours trading. The company reported a 2% decrease in net sales for the first quarter of the year ending March 2026, with sales increasing for IT infrastructure/industrial equipment but decreasing for information and communication equipment. Despite this, operating profit increased by 53% due to higher capacity utilization, which outweighed the negative impact of the yen's appreciation.