Taiyo Yuden Co., Ltd. revised earnings guidance for the year ending March 31, 2023. For the year, the company expects, net sales of JPY 342,000 million, Operating profit of JPY 42,000 million, Profit attributable to owners of parent of JPY 33,500 million and Basic earnings per share of JPY 268.84 compared to the previous guidance of net sales of JPY 385,000 million, Operating profit of JPY 70,000 million, Profit attributable to owners of parent of JPY 48,000 million and Basic earnings per share of JPY 385.21 provided earlier.