Toho Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended April 30, 2016; Provides Earnings Guidance for the Six Months Ending July 31, 2016 and Fiscal Year Ending January 31, 2017
June 07, 2016
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Toho Co., Ltd. reported consolidated earnings results for the three months ended April 30, 2016. For the period, net sales were JPY 52,584 million against JPY 52,055 million a year ago. Operating income was JPY 658 million against JPY 593 million a year ago. Ordinary income was JPY 662 million against JPY 564 million a year ago. Profit attributable to owners of parent was JPY 315 million or JPY 28.92 per share against JPY 440 million or JPY 40.33 per share a year ago. Income before income taxes and minority interests was JPY 412 million against JPY 602 million a year ago.
For the six months ending July 31, 2016, on consolidated basis, the company expects, net sales of JPY 108,000 million, operating income of JPY 1,300 million, ordinary income of JPY 1,250 million and profit attributable to owners of parent of JPY 600 million or JPY 54.95 per share.
For the fiscal year ending January 31, 2017, on consolidated basis, the company expects, net sales of JPY 222,000 million, operating income of JPY 3,000 million, ordinary income of JPY 2,900 million and profit attributable to owners of parent of JPY 1,300 million or JPY 119.07 per share.
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.
Toho Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended April 30, 2016; Provides Earnings Guidance for the Six Months Ending July 31, 2016 and Fiscal Year Ending January 31, 2017
TOHO CO., LTD. 
