TOYO Co., Ltd.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Takahiko Onozuka
- Full Time Employees
- 2,552
- Sector
- Technology
- Industry
- Solar
- Address
- 5F, Tennoz First Tower Tokyo TY Japan 140-0002
- IPO Date
- Mar 17, 2022
- 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.
TOYO Expects U.S. Subsidiary to Be Eligible to Claim Section 45X Tax Credits for 2025
TOYO participates in Citi's "10-Hour Teach-In: The Space Economy & Future of AI" Investor Webcast
TOYO Appoints Yasunari Harada as Chief Financial Officer and Director
TOYO Co., Ltd. Joins Russell 3000® and Russell Microcap® Indexes
TOYO Co., Ltd. Announces Closing of $50 Million Registered Direct Offering
TOYO Co., Ltd. Announces $50 Million Registered Direct Offering
TOYO Co., Ltd. Secures Two Major Supply Agreements Totaling $185.6 Million in Cumulative Purchase Orders for the U.S. Market
TOYO Co., Ltd. Announces Strategic Expansion into U.S. Cell Manufacturing with Planned 1.5 GW HJT Solar Cell Facility in Houston Metropolitan Area
TOYO: Record-Setting Performance, Fundamentals, And Deep Discount Merit Strong Buy
TOYO to Participate in The Bank of America Power, Utilities, and Cleantech Conference
TOYO Co., Ltd. (TOYO) Q1 2026 Earnings Call Transcript
TOYO Q1 Earnings Call Highlights
TOYO Co., Ltd Announces Unaudited and Unreviewed First Quarter 2026 Financial Results and Reaffirms Guidance
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TOYO Co., Ltd to Announce First Quarter 2026 Financial Results on May 18, 2026
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First Enterprise Quantum Computer Purchase in Japan: IQM to Deploy System to TOYO Corporation
Nihon Global Growth Partners Proposes Share Repurchase to Achieve Toyo Suisan's Own 15% ROE Target Ahead of Schedule
TOYO Co., Ltd. (TOYO) Q4 2025 Earnings Call Transcript
TOYO Co., Ltd Announces Second Half and Full Year 2025 Financial Results