Towa Ramps Up Profit Expectations As It Enjoys Sustained Domestic Demand

Japanese Firm Also Forecasts Lower Than Anticipated Full-Year R&D Spend

As it delivered financial first-half results, Japan’s Towa raised its full-year forecast after seeing continued strong demand in Japan and in anticipation of a lower than predicted R&D spend.

Towa has revised up its profit expectations for this year (Shutterstock)

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