TODA CORPORATION raised its current-year ordinary profit forecast from its previous estimate. First-half profit rose sharply, and the full-year outlook was raised to ¥45.5 billion.
On 13 November, TODA CORPORATION announced its financial results, reporting that consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2027, covering April-September, increased 49.0% year on year to ¥22.8 billion. The company also raised its full-year ordinary profit forecast by 13.8%, from its previous estimate of ¥40.0 billion to ¥45.5 billion. As a result, full-year profit is now expected to increase 3.4%.
Based on first-half results and the full-year plan, ordinary profit for the October-March period is estimated at ¥22.6 billion, down 20.9% year on year. In the latest three-month period of the second quarter, ordinary profit for July-September increased 31.8% year on year to ¥12.0 billion, while the operating margin on sales improved from 5.6% to 6.5%.