Toyo Denki Seizo K.K. provides earnings guidance for the six months ending November 30, 2022 and for the Fiscal year ending May 31, 2023. For the six month, the company expected net sales of JPY 16,000 million, operating loss of JPY 80 million and profit attributable to owners of parent of JPY 300 million or Basic EPS of 33.56.

For the fiscal year, the company expected net sales of JPY 34,000 million, operating profit of JPY 450 million and profit attributable to owners of parent of JPY 800 million or Basic EPS of 89.48.