diff --git a/mingw-w64-python-termcolor/PKGBUILD b/mingw-w64-python-termcolor/PKGBUILD
index e79ba96908..973df0d076 100644
--- a/mingw-w64-python-termcolor/PKGBUILD
+++ b/mingw-w64-python-termcolor/PKGBUILD
@@ -3,7 +3,7 @@
 _realname=termcolor
 pkgbase=mingw-w64-python-${_realname}
 pkgname=("${MINGW_PACKAGE_PREFIX}-python-${_realname}")
-pkgver=2.5.0
+pkgver=3.1.0
 pkgrel=1
 pkgdesc='ANSII Color formatting for output in terminal (mingw-w64)'
 arch=('any')
@@ -20,7 +20,7 @@ makedepends=("${MINGW_PACKAGE_PREFIX}-python-build"
              "${MINGW_PACKAGE_PREFIX}-python-hatchling"
              "${MINGW_PACKAGE_PREFIX}-python-hatch-vcs")
 source=("https://pypi.org/packages/source/${_realname::1}/${_realname}/${_realname}-${pkgver}.tar.gz")
-sha256sums=('998d8d27da6d48442e8e1f016119076b690d962507531df4890fcd2db2ef8a6f')
+sha256sums=('6a6dd7fbee581909eeec6a756cff1d7f7c376063b14e4a298dc4980309e55970')
 
 build() {
   cp -r "${_realname}-${pkgver}" "python-build-${MSYSTEM}" && cd "python-build-${MSYSTEM}"