Toyo Engineering expects full-year gross profit margin to track target, CFO says

• Toyo Engineering kept its full-year order intake target at JPY 200 billion for the year ending March 2027.
• Order intake expected to skew toward H2, with about half of the target anticipated to be secured around H1.
• Full-year gross profit margin projected to track the company’s target, with Q1 strength driven by favorable project mix timing.
• Margin expected to ease in Q2-Q3 as lower-margin projects contribute more in H2, despite sales mainly from existing backlog.

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