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TOCALO Co.,Ltd. draws attention on growth expectations in semiconductor sector

Fri Apr 24, 2026 10:00 am JST Catalyst

TOCALO Co.,Ltd. <3433> is expected to re-enter its upward trajectory. The company is the largest player in thermal spray coating, handling component processing for semiconductor manufacturing equipment and other applications.

For the fiscal year ending March 2026, the company plans to achieve record-high earnings with sales of 57 billion yen, up 5.1% from the previous year, and net income of 8.33 billion yen, up 3.5%. The company anticipates that the temporary adjustment phase in the semiconductor sector has been resolved and a full-scale recovery is underway. In the semiconductor and FPD (flat panel display) sectors, the company is working to expand production capacity at two domestic sites and two overseas sites, including Arizona in the United States, positioning itself to respond to medium-term demand growth.

The stock price, after an upward phase from last autumn to late February this year, was forced into a valuation adjustment, but the duration of trading below the 75-day moving average was brief. The stock has broken above the Ichimoku cloud on the daily chart, and attention is focused on whether the bullish momentum will further strengthen toward surpassing the high of 3,170 yen reached on February 26. (Fyodor)

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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