#ToyoElectric

Toyo Electric Manufacturing achieved results exceeding the forecast for the fiscal year ending May 2026, with dividends increased from the previous estimate of 75 yen to 100 yen, maintaining a stable dividend policy considering payout ratio and financial condition.

Toyo Electric Mfg. Co., Ltd. announced progress on the mid-term management plan 'Sustainable 2030' on July 15, 2026, detailing initiatives such as growth strategies and capital efficiency improvements.

Toyo Electric Mfg. plans to determine director and audit & supervisory board member candidates at the shareholders' meeting in August 2026. Several officers, including the current President and CEO Akira Watanabe, are scheduled to be appointed, and new candidates are expected to be selected for the audit & supervisory board.

Toyo Electric Mfg. will implement a change of executive officers effective August 27, 2026, with Mr. Jun Kaname and others assuming new positions. This aims to strengthen the management team and improve operational efficiency.

Toyo Electric Manufacturing has formulated a mid-term management plan ending in 2026 with the goal of sustainable growth and enhanced corporate value. The company is promoting structural reforms and new business initiatives, focusing on strengthening social and industrial infrastructure based on its long-term vision.

Toyo Electric Manufacturing has disposed of 578,000 shares of treasury stock to JR East, strengthening funding and technological collaboration. It also announced changes in affiliated companies and future growth strategies.