TOKYO, May 14 (Pulse News Wire) – Toho Zinc CO.,LTD. (5707.T) reported robust financial results for the fiscal year ended March 31, 2026, despite challenging industry conditions.
Revenue remained stable while operating profit reached ¥81 billion, driven by silver price increases and asset sales from zinc refining restructuring. Net income surged to ¥48 billion compared to the previous year due to the reversal of impairment losses recorded from the withdrawal of zinc refining operations. The company's ongoing regeneration plan achieved its initial goal of turning net income positive within the first year. Key initiatives included divesting loss-making businesses and restructuring zinc operations, which contributed significantly to profitability improvements.
Additionally, the firm completed organizational reforms, including a CEO transition and a name change, aimed at further advancing its regeneration strategy. Looking ahead, Toho Zinc forecasts a similar level of earnings before interest, taxes, depreciation, and amortization (EBITDA) for FY2026, maintaining a cautious outlook amid volatile market conditions. The company plans to enhance growth through strategic investments and continued operational efficiency measures, aiming to solidify its position as a leading recycling solutions provider. Meanwhile, Toho Zinc successfully met the listing requirements of the Tokyo Stock Exchange’s High Growth and Emerging Stocks Market, demonstrating strong stock performance throughout the year.
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