Toyo Suisan Kaisha, Ltd. Provides Consolidated Earnings Guidance for the Half Year of 2021 and Year Ending 31, 2021
July 30, 2020 at 11:30 pm EDT
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Toyo Suisan Kaisha, Ltd. provided consolidated earnings guidance for the half year of 2021 and year ending 31, 2021. For the half year, the company expected net sales of ¥207,000 million, operating profit of ¥14,000 million and profit attributable to owners of parent of ¥12,000 million or ¥117.50 per basic share.
For the year, the company expected net sales of ¥426,000 million, operating profit of ¥30,500 million and profit attributable to owners of parent of ¥26,000 million or ¥254.58 per basic 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. 
