Toho Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended July 31, 2022 and Full Year Ended January 31, 2023
March 11, 2022 at 04:00 am EST
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Toho Co., Ltd. provided consolidated earnings guidance for the six months ended July 31, 2022 and full year ended January 31, 2023. For the six months, the company expected net sales of JPY 94,800 million, operating loss of JPY 700 million, loss attributable to owners of parent of JPY 800 million and basic loss per share of JPY 74.37.
For the full year, the company expected net sales of JPY 200,000 million, operating profit of JPY 500 million, profit attributable to owners of parent of JPY 100 million and basic earnings per share of JPY 9.30.
Toho Co Ltd is a Japan-based company mainly sells all types of food, from commercial food to household food to users. The Company operates through four segments. The Distributor segment purchases food ingredients for the food service industry and delivers and sells them to the food service industry. The Cash and Carry segment is engaged in the purchase of ingredients for the food service industry, and the cash sale of commercial food to small and medium-sized restaurant operators. The Food Supermarket segment purchases food, and operates food supermarkets. The Food Solutions segment is engaged in application service provider (ASP), quality control services, general construction contracting, manufacture and sale of commercial cooking equipment, interior design and construction of restaurants. The Company is also engaged in the production and sale of agricultural products, wholesale of fresh produce to the food service industry, and software development and maintenance.