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Toyo Tanso Adjusts First-Half Fiscal Year Results Due to Revenue Misclassification

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Toyo Tanso Adjusts First-Half Fiscal Year Results Due to Revenue Misclassification

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Toyo Tanso Co., Ltd. ( (JP:5310) ) has issued an update.

Toyo Tanso Co., Ltd. announced corrections to its first-half fiscal year results due to a misclassification in revenue recognition at its Shanghai subsidiary. The adjustments affect net sales figures for special graphite products and compound materials, although overall company-wide net sales remain unchanged.

The most recent analyst rating on (JP:5310) stock is a Buy with a Yen5335.00 price target. To see the full list of analyst forecasts on Toyo Tanso Co., Ltd. stock, see the JP:5310 Stock Forecast page.

More about Toyo Tanso Co., Ltd.

Toyo Tanso Co., Ltd. operates in the manufacturing industry, specializing in the production of special graphite products and compound materials. The company focuses on applications in electronics and general industries, positioning itself as a key player in the graphite market.

Average Trading Volume: 182,555

Technical Sentiment Signal: Buy

Current Market Cap: Yen98.78B

For a thorough assessment of 5310 stock, go to TipRanks’ Stock Analysis page.

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