<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001985273</cik>
        <entityName>TOYO Co., Ltd</entityName>
        <issuerAddress>
            <street1>5F, TENNOZ FIRST TOWER</street1>
            <street2>2-2-4, HIGASHI-SHINAGAWA, SHINAGAWA-KU</street2>
            <city>TOKYO</city>
            <stateOrCountry>M0</stateOrCountry>
            <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
            <zipCode>140-0002</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>+81 3-6433-2789</issuerPhoneNumber>
        <jurisdictionOfInc>CAYMAN ISLANDS</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2022</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Junsei Ryu</firstName>
                <lastName>Ryu</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Taewoo</firstName>
                <lastName>Chung</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Aihua</firstName>
                <lastName>Wang</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alfred</firstName>
                <middleName>J</middleName>
                <lastName>Hickey</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anders</firstName>
                <lastName>Karlsson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Hiroyuki</firstName>
                <lastName>Tahara</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>June</firstName>
                <lastName>Han</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o TOYO Co., Ltd, 5F, Tennoz 1st Tower</street1>
                <street2>2-2-4, Higashi-Shinagawa, Shinagawa-ku</street2>
                <city>Tokyo</city>
                <stateOrCountry>M0</stateOrCountry>
                <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                <zipCode>140-0002</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Manufacturing</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06c</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2025-02-26</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOptionToAcquireType>true</isOptionToAcquireType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>275000</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>275000</totalRemaining>
            <clarificationOfResponse>Total Offering Amount represents up to $275,000 from  warrants exercise to purchase 50,000 ordinary shares at an exercise price $5.5 per share. Warrants may also be exercised by means of cashless exercise. No guarantee that warrants will be exercised.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>275000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>The estimated gross proceeds represents up to $275,000 from warrants  exercise to purchase 50,000 ordinary shares at an exercise price $5.5 per share. Warrants may also be exercised by means of cashless exercise. No guarantee warrants will be exercised.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>TOYO Co., Ltd</issuerName>
                <signatureName>/s/ Junsei Ryu</signatureName>
                <nameOfSigner>Junsei Ryu</nameOfSigner>
                <signatureTitle>Chief Executive Officer</signatureTitle>
                <signatureDate>2025-03-07</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>