Toho Co., Ltd. Provides Consolidated Financial Forecast for the Six Months Ending July 31, 2023 and Fiscal Year Ending January 31, 2024
March 16, 2023 at 02:00 am EDT
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Toho Co., Ltd. provided consolidated financial forecast for the six months ending July 31, 2023 and fiscal year ending January 31, 2024. For the six months, the company expects net sales to be JPY 104,500 million, operating profit to be JPY 1,250 million, profit attributable to owners of parent to be JPY 650 million and basic earnings per share to be JPY 60.43.
For the full year, the company expects net sales to be JPY 214,000 million, operating profit to be JPY 3,800 million, profit attributable to owners of parent to be JPY 2,000 million and basic earnings per share to be JPY 185.93.
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.