diff --git a/mingw-w64-python-matplotlib/0001-move-variable-initialization.patch b/mingw-w64-python-matplotlib/0001-move-variable-initialization.patch
deleted file mode 100644
index 46a166a6a4..0000000000
--- a/mingw-w64-python-matplotlib/0001-move-variable-initialization.patch
+++ /dev/null
@@ -1,18 +0,0 @@
---- a/src/_tkagg.cpp
-+++ b/src/_tkagg.cpp
-@@ -259,6 +259,7 @@
-     HANDLE process = GetCurrentProcess();  // Pseudo-handle, doesn't need closing.
-     HMODULE* modules = NULL;
-     DWORD size;
-+    bool tcl_ok = false, tk_ok = false;
-     if (!EnumProcessModules(process, NULL, 0, &size)) {
-         PyErr_SetFromWindowsErr(0);
-         goto exit;
-@@ -271,7 +272,6 @@
-         PyErr_SetFromWindowsErr(0);
-         goto exit;
-     }
--    bool tcl_ok = false, tk_ok = false;
-     for (unsigned i = 0; i < size / sizeof(HMODULE); ++i) {
-         if (!tcl_ok) {
-             tcl_ok = load_tcl(modules[i]);
diff --git a/mingw-w64-python-matplotlib/PKGBUILD b/mingw-w64-python-matplotlib/PKGBUILD
index ceb19aca17..b4ec344c52 100644
--- a/mingw-w64-python-matplotlib/PKGBUILD
+++ b/mingw-w64-python-matplotlib/PKGBUILD
@@ -7,8 +7,8 @@ pkgname=("${MINGW_PACKAGE_PREFIX}-python-${_realname}")
 provides=("${MINGW_PACKAGE_PREFIX}-python3-${_realname}")
 conflicts=("${MINGW_PACKAGE_PREFIX}-python3-${_realname}")
 replaces=("${MINGW_PACKAGE_PREFIX}-python3-${_realname}")
-pkgver=3.5.2
-pkgrel=2
+pkgver=3.5.3
+pkgrel=1
 pkgdesc="A python plotting library, making publication quality plots (mingw-w64)"
 arch=('any')
 mingw_arch=('mingw32' 'mingw64' 'ucrt64' 'clang64' 'clang32')
@@ -39,17 +39,17 @@ optdepends=("${MINGW_PACKAGE_PREFIX}-python-pyqt5: Qt5Agg/Qt5Cairo backend"
             "${MINGW_PACKAGE_PREFIX}-python-tornado: WebAgg backend")
 source=("${_realname}-${pkgver}.tar.gz"::"https://pypi.io/packages/source/${_realname:0:1}/${_realname}/${_realname}-${pkgver}.tar.gz"
         setupext.py.patch
-        0001-move-variable-initialization.patch)
-sha256sums=('48cf850ce14fa18067f2d9e0d646763681948487a8080ec0af2686468b4607a2'
-            'a062e64775118de782b1995bd0b7b488de10cc5cbe8b5b834b79c0faea540826'
-            '9184347152a775114fa257aebe3549a3bd34eb52e36ed947a7eb4232bf0a6bad')
+        build-with-setuptools-scm-7.patch)
+sha256sums=('339cac48b80ddbc8bfd05daae0a3a73414651a8596904c2a881cfd1edb65f26c'
+            'fd0cb2d039bc85c97d8b3a1837faa3c560ef4a530f729517ea115917f0f8a972'
+            '1e1690aa9cfe321fa5d3351602f028dc10cbfd2e9fbd74f08f5f90fdb4e2da8c')
 
 prepare() {
   cd "${srcdir}/${_realname}-${pkgver}"
   patch -p1 -i ${srcdir}/setupext.py.patch
 
-  # https://github.com/matplotlib/matplotlib/pull/23051
-  patch -p1 -i ${srcdir}/0001-move-variable-initialization.patch
+  # Revert https://github.com/matplotlib/matplotlib/pull/23479
+  patch -p1 -i ${srcdir}/build-with-setuptools-scm-7.patch
 
   # Use system freetype and qhull
   sed -e 's|#system_freetype = False|system_freetype = True|' -e 's|#system_qhull = False|system_qhull = True|' mplsetup.cfg.template > mplsetup.cfg
diff --git a/mingw-w64-python-matplotlib/build-with-setuptools-scm-7.patch b/mingw-w64-python-matplotlib/build-with-setuptools-scm-7.patch
new file mode 100644
index 0000000000..4cc7033faa
--- /dev/null
+++ b/mingw-w64-python-matplotlib/build-with-setuptools-scm-7.patch
@@ -0,0 +1,20 @@
+--- a/setup.py
++++ b/setup.py
+@@ -316,7 +316,7 @@ def make_release_tree(self, base_dir, files):
+     setup_requires=[
+         "certifi>=2020.06.20",
+         "numpy>=1.17",
+-        "setuptools_scm>=4,<7",
++        "setuptools_scm>=4",
+         "setuptools_scm_git_archive",
+     ],
+     install_requires=[
+@@ -330,7 +330,7 @@ def make_release_tree(self, base_dir, files):
+         "python-dateutil>=2.7",
+     ] + (
+         # Installing from a git checkout that is not producing a wheel.
+-        ["setuptools_scm>=4,<7"] if (
++        ["setuptools_scm>=4"] if (
+             Path(__file__).with_name(".git").exists() and
+             os.environ.get("CIBUILDWHEEL", "0") != "1"
+         ) else []
\ No newline at end of file
diff --git a/mingw-w64-python-matplotlib/setupext.py.patch b/mingw-w64-python-matplotlib/setupext.py.patch
index b3cbc90982..3c68119dd4 100644
--- a/mingw-w64-python-matplotlib/setupext.py.patch
+++ b/mingw-w64-python-matplotlib/setupext.py.patch
@@ -8,19 +8,20 @@
  
  def _get_xdg_cache_dir():
      """
-@@ -188,9 +189,9 @@
- options = {
+@@ -198,10 +199,10 @@
      'backend': config.get('rc_options', 'backend', fallback=None),
      'system_freetype': config.getboolean(
--        'libs', 'system_freetype', fallback=sys.platform.startswith('aix')),
-+        'libs', 'system_freetype', fallback=sys.platform.startswith('aix') or MSYS),
+         'libs', 'system_freetype',
+-        fallback=sys.platform.startswith(('aix', 'os400'))
++        fallback=sys.platform.startswith(('aix', 'os400')) or MSYS
+     ),
      'system_qhull': config.getboolean(
--        'libs', 'system_qhull', fallback=False),
-+        'libs', 'system_qhull', fallback=False or MSYS),
+-        'libs', 'system_qhull', fallback=sys.platform.startswith('os400')
++        'libs', 'system_qhull', fallback=sys.platform.startswith('os400') or MSYS
+     ),
  }
  
- 
-@@ -213,7 +214,7 @@
+@@ -225,7 +226,7 @@
      """
      Get path to pkg-config and set up the PKG_CONFIG environment variable.
      """
@@ -29,7 +30,7 @@
          return None
      pkg_config = os.environ.get('PKG_CONFIG') or 'pkg-config'
      if shutil.which(pkg_config) is None:
-@@ -265,7 +266,7 @@
+@@ -277,7 +278,7 @@
  
      # conda Windows header and library paths.
      # https://github.com/conda/conda/issues/2312 re: getting the env dir.