Tomoegawa Corporation ＜3878＞ announced revisions to its full-year consolidated earnings forecast for the fiscal year ending 2024/3 on the 26th.

Sales of the full-year consolidated earnings forecast for the fiscal year ending 2024/3 (2024/4/3) were revised upward to 33.7 billion yen, up 0.6% from the forecast announced last time, operating income increased 30.0% to 1,300 billion yen, ordinary profit increased 23.1% to 1,600 billion yen, net income attributable to parent company shareholders doubled to 600 billion yen, and net income per share to 57.85 yen.

Regarding the full-year consolidated earnings forecast, in addition to improvements in the order acceptance environment in part of the toner business in the fourth quarter, there was a temporary increase in demand before price increases in the semiconductor/display related business, and there were also positive effects and increases in prototype income due to the depreciation of the yen, etc., and sales, operating profit, ordinary income, and net income attributable to parent company shareholders are also expected to exceed previous forecasts.