Latest Tokyo Brief coverage on TOHO CO., LTD., tracking filings, financial news, and market signals from Japan.
TSE:9602
TOHO lifted its full-year net profit forecast to ¥48bn from ¥41bn after selling investment securities, while keeping revenue at ¥345bn and operating profit at ¥62bn, and left the year-end dividend under review.
TOHO expects to record about ¥10bn from selling part of its policy-held shares this month, part of a plan to cut that holding by more than ¥50bn and push its consolidated net-assets ratio below 10% by 2030, with proceeds earmarked for growth spending and shareholder returns.
Current holdings disclosed by tracked funds.