TOYO Co., Ltd
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Takahiko Onozuka
- Full Time Employees
- 2,552
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- 5F, Tennoz First Tower Tokyo TY Japan 140-0002
- IPO Date
- Jul 2, 2024
- CIK
- 0001985273
- Website
- toyo-solar.com
- Similar Companies
- Business
- TOYO Co., Ltd. (Nasdaq: TOYO) manufactures and sells solar cells, photovoltaic (PV) modules, wafers, silicon, and related products across the solar power supply chain. The company engages in upstream production of wafers and silicon; midstream production of high-efficiency solar cells; and downstream production of PV modules under brands including the acquired VSUN; with fully automated manufacturing facilities comprising 2GW solar cell capacity in Vietnam, 4GW solar cell capacity in Ethiopia, and a 1GW solar module plant in the United States that commenced commercial production in October 2025. TOYO operates primarily in Asia, the United States, Europe, and emerging markets, targeting utility-scale developers, module manufacturers, and renewable energy projects with 100% supply chain traceability and no forced labor. Founded in 2022 and headquartered in Tokyo, Japan, at Tennoz First Tower, the company employs 528 people under CEO Junsei Ryu. Recent developments include the September 2025 acquisition of the VSUN brand from sister company Vietnam Sunergy Joint Stock Company to streamline operations, leverage 8GW of prior U.S. module shipments, and accelerate U.S. market expansion without equity dilution; a November 2024 $150 million contract to supply solar cells for module production in India and the U.S.; and a November 2025 strategic partnership with Voltec Solar to deliver low-carbon solar solutions across Europe.
Company News
TOYO Targets U.S. Solar Cell Expansion as First-Half Revenue Soars 88%
TOYO (NASDAQ: TOYO) revenue jumps 87.6% at Humble ribbon-cutting
TOYO Celebrates Completed 2 GW Module Expansion at Texas Facility with Ribbon-Cutting Ceremony
TOYO Co., Ltd. (TOYO) Analyst/Investor Day Transcript
TOYO Announces Approximately $240 Million in Binding U.S. Solar Module Supply Agreements Through First Half of 2027
TOYO Co., Ltd. Provides Second Half 2026 Business Outlook
TOYO Co., Ltd to Webcast 2026 Analyst Day
TOYO 's Texas Manufacturing Facility Receives Top Quality Rating in Independent Factory Audit by Intertek CEA
TOYO Corporation Opens Its Quantum Computers to Japan's Ecosystem
Critical Comparison: indie Semiconductor (NASDAQ:INDI) versus TOYO (NASDAQ:TOYO)
TOYO Co., Ltd to Participate in Fireside Chat at the Jefferies Renewables, Clean Energy, & Construction Conference
Financial Comparison: TOYO (NASDAQ:TOYO) & Valens Semiconductor (NYSE:VLN)
TOYO Co., Ltd. (TOYO) Q2 2026 Earnings Call Transcript
TOYO H1 Earnings Call Highlights
TOYO Co., Ltd Announces Unaudited Second Quarter and First Half 2026 Financial Results
TOYO (TOYO) Expected to Post Quarterly Earnings on Wednesday
TOYO to Announce Second Quarter and First Half 2026 Financial Results on August 19, 2026
TOYO Solar Welcomes President Trump's Section 232 Action to Accelerate American Solar Manufacturing
TOYO: The Sell-Off Has Gone Too Far (Rating Upgrade)
TOYO Expands U.S. Solar Push With Houston HJT Plant and Non-FEOC Supply Chain