[Shares] TOMY COMPANY, LTD. extends gains sharply, updating its year-to-date high, as the market welcomes an upward revision to its full-year forecast on further growth in sales to Kidults

The story

TOMY COMPANY, LTD. <7867> posted a sharp gain in its share price, updating its year-to-date high.

The company was reported to have raised its full-year earnings forecast on 29 October, the previous day.

The upward revision was attributed to further growth in sales to Kidults, with both revenue and profit expected to exceed the previous forecasts.

The move was reported to be receiving a positive market response.

At a glance

CompanyTAKARA TOMY

Date29 October

EventUpward revision to full-year forecast

FactorGrowth in sales to Kidults

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