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Toyo Co., Ltd. shares fall 1.30% after-hours as operating profit increases 53% Q/Q.
ByAinvest
Tuesday, Aug 5, 2025 4:36 pm ET1min read
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.
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