TOWA seen as a stock to watch on sharp profit recovery forecast and higher dividend
TOWA CORPORATION <6315> shares are expected to see steady gains, supported by its 200-day moving average and a favorable earnings outlook. The semiconductor manufacturing equipment maker boasts a world-class track record in molding equipment used to encapsulate chips in resin. TOWA will launch a new model in August designed to cut mass production costs and improve productivity, fueling sales expansion expectations.
Earnings are on track to recover. In the fiscal year ended March 2026, sales grew on strong demand from AI and data center clients, but operating profit fell 22% year-on-year to 6.917 billion yen due to an unfavorable product mix and temporary costs. For the year ending March 2027, TOWA expects continued revenue growth, with operating profit projected to rise 48% year-on-year to 10.24 billion yen. The dividend forecast was also raised by 4 yen to 24 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
-
Asahi shares fall after cyberattack-hit FY2025 earnings miss guidance, with operating profit down 31%
Fri Jun 12, 2026 9:39 am JST Catalyst -
Visional falls against market trend as second-half-weighted growth investment leads to earnings decline in February-April quarter
Fri Jun 12, 2026 10:06 am JST Catalyst -
Digital Grid surges to daily limit-up on upward revision to full-year earnings forecast, driven by strong power PF and renewable energy PF businesses
Fri Jun 12, 2026 9:38 am JST Catalyst -
COTA rebounds after securing patent for hair glycation damage inhibitor
Fri Jun 12, 2026 9:48 am JST Catalyst -
Market breadth at 10 a.m.: 944 gainers vs. 580 decliners on TSE Prime
Fri Jun 12, 2026 10:04 am JST Market -
Nikkei futures June SQ estimated at 66,698.04 yen, market sources say
Fri Jun 12, 2026 9:46 am JST Market -
Macbee Planet,Inc. <7095> falls sharply as company forecasts another year of operating profit decline in FY April 2027
Fri Jun 12, 2026 9:39 am JST Catalyst -
Timee rebounds as company plans 21?34% rise in operating profit for FY April 2027
Fri Jun 12, 2026 9:30 am JST Catalyst -
KIOXIA Holdings briefly tops Japan's market cap rankings, surpassing TOYOTA MOTOR CORPORATION, buoyed by SOX surge and SanDisk record high
Fri Jun 12, 2026 9:29 am JST Catalyst -
Tokyo stocks open sharply higher, buoyed by Dow's surge
Fri Jun 12, 2026 9:06 am JST Market