Toda Corporation revised consolidated and non-Consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, on consolidated basis, the company expects net sales of ¥521,000 million compared to previous guidance of ¥540,000 million, operating profit of ¥15,500 million compared to previous guidance of ¥16,000 million, profit attributable to owners of parent of ¥13,600 million or ¥43.94 earnings per share compared to previous guidance of ¥19,500 million or ¥69.92 earnings per share.

For the year, on non-consolidated basis, the company expects net sales of ¥420,000 million compared to previous guidance of ¥440,000 million, operating profit of ¥12,500 million compared to previous guidance of ¥12,500 million, net income of ¥11,700 million or ¥37.80 earnings per share compared to previous guidance of ¥18,200 million or ¥58.72 earnings per share.