Toyo Suisan Kaisha, Ltd. (2875.T), a Japanese food producer, on Friday reported a rise in net sales. In addition, the firm raised its earnings guidance for fiscal year 2026 while cutting sales view.
On the Tokyo Stock Exchange, the shares were trading 8.95 % up at 11,195 yen.
Profit attributable to shareholders slipped 0.6% to 33.33 billion yen from 33.52 billion yen a year ago, particularly reflecting higher selling expenses.
Basic earnings per share, however, climbed to 335.40 yen from 331.61 yen.
Net sales climbed to 256.07 billion yen from 253.28 billion yen in the prior year.
Looking forward to FY26, the firm raised the earnings guidance to 664.25 yen per share from the earlier guidance of 617.77 yen per share. The net profit guidance of FY26 has increased by 3.4 % from the prior year to 66 billion yen from the earlier announced 62 billion yen.
However, the Net sales expectation for fiscal year 2026 lowered to 535 billion yen from the earlier-announced 545 billion yen.
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