Toyo Seikan reports lower first-quarter profit despite higher sales

Toyo Seikan Group Holdings reported lower first-quarter net profit despite an increase in revenue, with higher costs weighing on earnings during the three months ended 30 June 2026. Revenue increased 3.5% year-on-year to JPY252.5 billion, while profit attributable to owners of the parent fell to JPY9.5 billion from JPY12.8 billion in the same period last…

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