Toho announced its interim results and full-year forecast on 15 October. Interim profit declined year on year, while full-year profit was revised upward. The share price fell after the results were announced.
Toho announced on 15 October that interim operating profit was ¥30.9 billion, down 24.8% year on year, and simultaneously raised its full-year net profit forecast by 17%. The earnings summary showed operating revenue of ¥185.2 billion, down 3.4% year on year, with the reversal of gains from extraordinary income and higher SG&A expenses weighing on profit.
The closing share price was ¥1,562.5 on the same day, but fell ¥36.5 to ¥1,526 on 16 October, a daily decline of 2.34%. Following the earnings announcement, trading was mixed as investors focused on the factors behind the decline in profit since the period ended in August, despite the upward revision.