Tohto Suisan's nine-month profit edges up, forecasts lower full-year earnings

Tohto Suisan (TSE:8038) announced its consolidated financial results for the nine months ended December 31, 2024, posting a marginal 3.3% increase in profit attributable to owners of the parent, reaching ¥1.936 billion, compared to ¥1.874 billion in the same period last year. Net sales rose slightly by 0.8% to ¥81.741 billion. Operating profit increased to ¥2.482 billion. The company anticipates a decrease in full-year earnings, projecting net sales of ¥105 billion, operating profit of ¥2.7 billion, and profit attributable to owners of the parent of ¥2.1 billion. Basic earnings per share for the nine-month period stood at ¥493.33. The company has maintained its dividend forecast at ¥150.00 per share for the fiscal year ending March 31, 2025.