TOTO ( (JP:5332) ) has shared an announcement.
TOTO Ltd. reported an extraordinary loss of ¥34 billion due to impairment of non-current assets in China, attributed to delayed responses to rapid market changes. Despite exceeding forecasts in operating and ordinary profit due to strong sales in the Americas and Asia, the company’s profit attributable to owners fell short due to this impairment loss.
More about TOTO
TOTO Ltd. is a company listed on the Prime Market of the Tokyo Stock Exchange, Premier Market of the Nagoya Stock Exchange, and Fukuoka Stock Exchange. It operates in the manufacturing industry, focusing on products such as Washlets and electrostatic chucks, with a significant market presence in the Americas and Asia.
YTD Price Performance: 0.95%
Average Trading Volume: 461
Technical Sentiment Signal: Buy
Current Market Cap: $4.05B
See more data about 5332 stock on TipRanks’ Stock Analysis page.