FilingReader Intelligence

Toyo Tire hits record high, boosts dividend amid strong FY24

February 20, 2025 at 07:05 PM UTCBy FilingReader AI

Toyo Tire Corporation (TSE: 5105) announced record-breaking consolidated financial results for the fiscal year ended December 31, 2024. Net sales reached a record high of ¥565.4 billion, a 2.3% increase year-over-year. Operating income, ordinary income, and profit attributable to owners of parent all reached record highs, at ¥94.0 billion, ¥102.1 billion, and ¥74.8 billion respectively. This performance was driven by priority product sales and favorable forex conditions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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