Toyo Denki Seizo K.K. provided consolidated earnings guidance for the six months ending November 30, 2023 and full year ending May 31, 2024. For the six months, the company expects net sales of JPY 15,900 million, operating loss of JPY 120 million, profit attributable to owners of parent of JPY 180 million and basic earnings per share of JPY 19.08.

For the full year, the company expects net sales of JPY 34,500 million, operating profit of JPY 600 million, profit attributable to owners of parent of JPY 800 million and basic earnings per share of JPY 84.81.