Corporate Events

TOWA Corporation announced year end dividend for the fiscal year ended March 31, 2025. For the year, the company announced dividend of JPY 20 per share compared to JPY 40 per share paid a year ago. Scheduled date to commence dividend payments: June 6, 2025.

TOWA Corporation provided year end dividend guidance for the fiscal year ending March 31, 2026. For the year-end, the company expects dividend of JPY 20.00 per share compared to JPY 20.00 per share a year ago.

TOWA Corporation provided consolidated earnings guidance for the Interim of 2025 and fiscal year ending March 31, 2026. For the interim, the company expects Net sales of JPY 23,000 million, Operating profit of JPY 1,710 million, Profit attributable to owners of parent of JPY 1,197 million, Basic earnings per share JPY 15.96. For the year, the company expects Net sales of JPY 56,000 million, Operating profit of JPY 9,800 million, Profit attributable to owners of parent of JPY 6,860 million, Basic earnings per share JPY 91.46.

TOWA Corporation, Board Meeting, Mar 27, 2025. Agenda: To consider the Notice of Change in Reporting Segments.

Mid-Term Management Plan Briefing Session

TOWA Corporation announced that they will report fiscal year 2025 results on May 09, 2025

TOWA Corporation, Board Meeting, Feb 27, 2025. Agenda: To consider Change of President.

TOWA Corporation announced that it resolved the following change of President, at the board of directors meeting on February 27, 2025. Details of Change: Name: Hirokazu Okada; Current Title: Representative Director, President & CEO; New Title: Representative Director, Chairman & CEO. Name: Muneo Miura; Current Title: Director, Executive Officer (Chief Operating Officer, Marketing and Sales Division and Singulation Business Division), Marketing and Sales Division Manager; New Title: Director, President Executive Officer, Marketing and Sales Division Manager. Summary of experience of New President: Name: Muneo Miura; Date of birth: August 1, 1969 (55 years old); Summary of experience: October 1990, Joined the TOWA CORPORATION; December 1997 External assignment to TOWA Asia-Pacific Pte.Ltd.; April 2015 Department Manager of Sales Engineering Dept., Marketing and Sales Div.; April 2016, Department Manager of Global Sales Dept., Marketing and Sales Div.; April 2018, Division Manager of Marketing and Sales Div. Executive Officer, Division Manager of Marketing and Sales Div.; June 2022, Director, Executive Officer, Chief Operating Officer of Marketing and Sales Div., Division Manager of Marketing and Sales Div.; January 2024, Director, Executive Officer, Chief Operating Officer of Marketing and Sales Div. and Singulation Business Div., Division Manager of Marketing and Sales Div. Schedule Date of Change is April 1, 2025.

TOWA Corporation expected to report Fiscal Year 2025 results on May 9, 2025. This event was calculated by S&P Global (Created on February 6, 2025).

TOWA Corporation announced that they will report Q3, 2025 results on Feb 06, 2025

TOWA Corporation, ¥ 20.0, Cash Dividend, Mar-28-2025

TOWA Corporation expected to report Q3 2025 results on February 6, 2025. This event was calculated by S&P Global (Created on November 7, 2024).

TOWA Corporation, Q2 2025 Earnings Call, Nov 11, 2024

TOWA Corporation announced that during its Board of Directors meeting, it was resolved to establish a sales subsidiary in India as outlined below. Purpose of Establishment: India is making an effort on a nationwide scale to foster the semiconductor industry and numerous investment project on semiconductor is underway. Until now, the company's sales subsidiary in Singapore has supported Indian market, but the company decided to establish a sales subsidiary in India because of the anticipation of investment regarding semiconductor in India will gain more speed. Moving forward, the company aim to build a strong relationship with the company's customers to strengthen the company's sales and service structure in this region. Name: TOWA India Company Limited. (tentative name). Location: Gurgaon, State of Haryana, Republic of India (planned). Establishment Date In anticipation of establishment until the end of March 2025.

TOWA Corporation, Board Meeting, Oct 29, 2024. Agenda: To consider the Purpose of Establishment; to consider the impact of this matter on consolidated performance of FY2024 is expected to be slight; and to consider other business matters.

TOWA Corporation reported earnings results for the first quarter ended June 30, 2024. For the first quarter, the company reported sales was JPY 13,253.02 million compared to JPY 9,511.08 million a year ago. Net income was JPY 1,690.4 million compared to JPY 782.95 million a year ago. Basic earnings per share from continuing operations was JPY 22.5398 compared to JPY 10.4299 a year ago.

TOWA Corporation, 3.0000300003 : 1, Stock Split or Significant Stock Dividend, Sep-27-2024

In conjunction with the stock split, TOWA Corporation has revised the year-end dividend forecast for the fiscal year ending March 31, 2025, which was announced on August 8, 2024, as follows. The company now expects dividend of JPY 20.00 per share as compared to the previous dividend forecast of JPY 60.00 per share.

TOWA Corporation resolved at a meeting of the Board of Directors on August 29, 2024, partial amendment to the articles of incorporation. Reason for the Amendment: The total number of authorized shares described in Article 6 of the Company's articles of incorporation will be amended in conjunction with the stock split as provided for the Article 184 (2) of the Companies Act of Japan, effective October 1, 2024. Present Articles of Incorporation: (Total Number of Authorized Shares), Article 6: The total number of shares that may be issued by the company shall be 80,000,000 shares. Proposed amendments: (Total Number of Authorized Shares), Article 6: The total number of shares that may be issued by the company shall be 240,000,000 shares. Effective date of amendment of the Articles of Incorporation: October 1, 2024.

TOWA Corporation, Board Meeting, Aug 29, 2024. Agenda: To consider the stock split and partial amendment to the articles of incorporation.

TOWA Corporation announced that they will report Q2, 2025 results on Nov 07, 2024

TOWA Corporation, Board Meeting, Jul 25, 2024. Agenda: To consider and approve the Issuance of New Shares as Restricted Stock Compensation.