TOYO Co., Ltd.

TOYO Co., Ltd. is a solar energy company that operates across the entire solar power supply chain in Asia and the United States. Its activities span the upstream production of wafer and silicon, the midstream production of solar cells, and the downstream production of photovoltaic (PV) modules. The company designs, manufactures, and sells solar cells, modules, and related products. By covering multiple stages of the supply chain, TOYO integrates processes from raw material to finished solar modules, serving both utility-scale and distributed generation markets.

TOYO Co., Ltd. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol TOYO. Its shares trade in U.S. dollars (USD). The NasdaqCM is an exchange that typically lists smaller-capitalization companies, and TOYO's listing there provides investors with access to its stock in a major U.S. exchange.

TOYO Co., Ltd. operates in the Technology sector, specifically within the Solar industry. This classification reflects the company's focus on solar energy technology, including the manufacturing of solar cells and photovoltaic modules. As a solar company, TOYO is part of the broader renewable energy industry, which involves converting sunlight into electricity using semiconductor materials.

TOYO Co., Ltd. is headquartered in Tokyo, Japan, and was founded in 2022. The company serves markets in Asia and the United States, covering the entire solar power supply chain across these regions. Its operations include upstream production of wafer and silicon, midstream solar cell production, and downstream PV module manufacturing, allowing it to serve customers in both Asian and U.S. solar markets.

TOYO Co., Ltd. operates a vertically integrated business model within the solar energy supply chain. The company engages in upstream production of wafer and silicon, midstream production of solar cells, and downstream production of photovoltaic (PV) modules. By controlling multiple stages of production, from raw materials to finished modules, TOYO can manage quality, reduce costs, and capture value at each step. It generates revenue by designing, manufacturing, and selling solar cells, modules, and related products to customers in Asia and the United States.