TOWA raises full-year net profit forecast to ¥9 billion, lifts dividend outlook
TOWA raised its consolidated net profit forecast for the year ending March 2027 by ¥2 billion to ¥9 billion, up 96% from the previous year, as demand expands for semiconductors used in generative AI and data centers. It also increased its annual dividend forecast by ¥6 to ¥30 per share. The company now projects sales of ¥71 billion and operating profit of ¥13.1 billion, increases of ¥7 billion and ¥2.9 billion from its previous forecasts.