Toyota Boshoku net income declines, TS Tech’s net income up y/y in FY 2015/16

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Financial results

Toyota Boshoku expects increase in net income, TS Tech expects decline in net income in FY 2016/17

Toyota Boshoku’s net income declined 25% year-on-year (y/y) to JPY3.9 billion (USD34.6 million, 31 March 2016) in the fiscal year ended 31 March 2016, according to filings with the Tokyo Stock Exchange (TSE).

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