Toda Kogyo Corp. updated consolidated earnings guidance for the six month ending September 30, 2023 and full year 2023. For the six months ending September 30, 2023, the company expects net sales to be JPY 12,500 million, operating loss to be JPY 500 million, profit attributable to owners of the parent to be JPY 300 million, basic earnings per share to be JPY 51.97.

For the full year ending March 31, 2024, the company expects net sales to be JPY 29,000 million, operating profit to be JPY 800 million, profit attributable to owners of the parent to be JPY 1,000 million, basic earnings per share to be JPY 173.23.