Toho Co., Ltd. Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year Ending January 31, 2024
June 11, 2023
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Toho Co., Ltd. provided dividend guidance for the second quarter and year end of fiscal year ending January 31, 2024. For the second quarter, the company expected dividend of JPY 30 per share compared to JPY 10 per share paid a year ago.
For the fiscal year 2024, the company expected year end dividend of JPY 30 per share compared to JPY 25 per share paid a year ago.
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.