87-Year-Old Teikoku Electric Mfg. Co. Becomes 'TEIKOKU'; Announces 13.9% Increase in Net Profit and Dividend Hike in First Financial Results After Name Change
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TEIKOKU (formerly Teikoku Electric Mfg. Co., Ltd.), with 87 years of history, announced its first financial results after changing its name. Despite a decrease in net sales, net profit increased by 13.9% to 4,341 million yen due to gains on the sale of investment securities, and a dividend increase was also decided. Under the new name, the company aims to further enhance corporate value by leveraging its canned motor pumps as a core product, viewing changes in the business environment as growth opportunities, and making its debut at the international exhibition "SEA JAPAN 2026."