Toho Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending July 31, 2022 and Fiscal Year Ending January 31, 2023
June 13, 2022 at 10:00 pm EDT
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Toho Co., Ltd. provided consolidated earnings guidance for the Six months ending July 31, 2022 and Fiscal Year Ending January 31, 2023. For the Six months ending July 31, 2022, the company expects Net sales of JPY 96,200 million, Operating profit of JPY 400 million, Profit attributable to owners of parent of JPY 150 million and Basic earnings per share of JPY 13.94.
For the Fiscal Year Ending January 31, 2023, the company expects Net sales of JPY 201,000 million, Operating profit of JPY 1,200 million, Profit attributable to owners of parent of JPY 400 million and Basic earnings per share of JPY 37.19.
TOHO Co.,Ltd. is a Japan-based company mainly engaged in the sale of all types of food, from commercial foods to household foods to users. The Company operates through four business segments. The Distributor segment is engaged in the purchase of ingredients for the restaurant industry, as well as supply and sale of them to the restaurant industry. The Cash and Carry segment is engaged in the purchase of ingredients for the restaurant industry, as well as the cash sale of commercial food to small and medium-sized restaurant companies. The Food Supermarket segment is engaged in the purchase of food and miscellaneous goods, as well as the development of food supermarkets. The Food Solution segment is engaged in the provision of ASP, quality management services and other solutions, as well as the import, manufacture and sale of commercial cooking equipment, coffee machines, interior design and construction of restaurants.