Tomoegawa Corporation Revises Earnings Forecast — Operating Profit Surges 140%

Tomoegawa Corporation Revises Earnings Forecast — Operating Profit Surges 140%

Tomoegawa Corporation (TSE:3878) raised its earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected demand and favorable currency conditions.

For the interim period (April–September 2026), the company now projects revenue of JPY 19.0bn, up 5.6% from its prior forecast of JPY 18.0bn. Operating profit is expected to reach JPY 1.20bn, more than doubling the previous estimate of JPY 500M. Ordinary income (keijo rieki), a Japan-specific metric encompassing operating profit plus non-operating items, is forecast at JPY 1.20bn versus JPY 400M previously. Net profit attributable to parent shareholders is raised to JPY 600M from JPY 200M, with earnings per share climbing to JPY 61.19/share from JPY 20.19/share.

For the full fiscal year, the company lifted revenue guidance modestly to JPY 38.6bn from JPY 38.0bn. Operating profit is now expected at JPY 1.60bn, up 60% from JPY 1.0bn, while ordinary income is projected at JPY 1.70bn versus JPY 1.0bn. Full-year net profit is raised to JPY 700M from JPY 450M, with EPS increasing to JPY 71.38/share from JPY 45.42/share.

Management attributed the upward revision to advance orders from Middle Eastern customers amid regional uncertainty, yen depreciation beyond initial assumptions, better-than-expected price pass-through, and new optical film project wins. The company’s profitability outlook has improved materially, with interim operating profit now tracking at more than double the original forecast, signaling robust operational momentum and improved pricing power in core markets.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.