A sharp rise was reported in stocks related to Bandai Namco Holdings, and TOMY COMPANY,LTD. raised its full-year operating profit forecast. Buying also gathered in major toy wholesaler リトプラ.
TOMY COMPANY,LTD. reportedly raised its full-year consolidated operating profit forecast as a related development for Bandai Namco Holdings. The forecast was raised from ¥26.0 billion, representing a 23.7% increase from the previous fiscal year, to ¥30.0 billion. Strong sales of toys for adults and popular character products were cited as the reasons.
Following the announcement, buying on expectations for stronger earnings came into the company, while buying also gathered in major toy wholesaler リトプラ. The developments of related stocks have been reported as drawing market attention.