Toyo Suisan Kaisha, Ltd. Provides Consolidated Earnings Guidance for the Half Year Ending September 30, 2023 and Year Ending March 31, 2024
May 11, 2023 at 11:20 pm EDT
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Toyo Suisan Kaisha, Ltd. provided consolidated earnings guidance for the half year ending September 30, 2023 and year ending March 31, 2024. For the half year ending September 30, 2023, the company expects net sales of JPY 226,000 million, operating profit of JPY 24,500 million and profit attributable to owners of parent of JPY 20,000 million or JPY 195.83 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 466,000 million, operating profit of JPY 50,000 million and net attributable to owners of parent of JPY 41,500 million or JPY 406.35 per share.
Toyo Suisan Kaisha Ltd is a Japan-based food manufacturing company. The Company operates through six business segments. The Seafood segment is engaged in the purchase, processing and sale of seafoods in domestic and overseas markets. The Overseas Instant Noodles segment provides cup and bag noodles mainly in the United States and Mexico. The Domestic Instant Noodles segment provides cup and bag noodles in Japan. The Low Temperature Food segment manufactures and sells steamed and roasted buckwheat noodles, raw ramen, boiled noodles, frozen noodles and commercial cocking products. The Processed Food segment is engaged in the manufacture and sale of processed foods such as aseptic packaged rice, retort rice, soup, dashi-no-moto, bonito flakes, and paste products in Japan. The Frozen and Cold Storage segment is engaged in the provision of storage and freezing services. The Company also involves in the bag lunch, prepared food businesses.
TOYO SUISAN KAISHA, LTD. 
