TOTO’s first-half operating profit was ¥25.1 billion, exceeding market expectations. In response, the company revised its full-year operating profit forecasts by business segment and announced a share buyback of up to ¥30 billion.
TOTO announced that first-half operating profit was ¥25.1 billion, exceeding market expectations.
The company indicated that it plans to revise its full-year operating profit forecasts by business segment. It referred to the treatment of the total operating profit forecast, but no specific figure was provided in the article.
It also announced plans to buy back up to ¥30 billion of its own shares.