T&K Toka Co., Ltd. provided consolidated earnings guidance for the second quarter and fiscal Year Ending March 31, 2023. For the quarter, the company expects net sales of JPY 22,560 million, Operating profit of JPY 350 million, Profit attributable to owners of parent of JPY 480 million or JPY 21.29 per basic share.

For the year, the company expects net sales of JPY 46,470 million, Operating profit of JPY 1,180 million, Profit attributable to owners of parent of JPY 1,390 million or JPY 61.67 per basic share.