Tohbu Network Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 09, 2023 at 02:00 am EDT
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Tohbu Network Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 9,874 million. Net income was JPY 411 million.
Basic earnings per share from continuing operations was JPY 77.21.
TOHBU NETWORK CO.,LTD. is a Japan-based company mainly engaged in freight truck transport, merchandise sale, real estate leasing and other businesses. The Company operates through four business segments. The Lorry Transportation segment is engaged in the development of transportation network from the Tohoku region to the Kinki region, as well as the provision of transportation services for various products. In addition, the Company provides bulk ordering services such as cargo storage operations and distribution center operations according to customer demand. The Merchandise Sale segment is mainly engaged in the sale and leasing of petroleum products, cement and vehicles. The Real Estate Leasing segment provides various rental commercial facilities such as rental office buildings and distribution centers. The Other segment is involved in car maintenance, dispatching and non-life insurance agency business.
TOHBU NETWORK CO., LTD. 
