Toyo Suisan Kaisha, Ltd. Provides Consolidated Earnings Guidance for the Half Year of Fiscal 2023 and Full Year Ending March 31, 2023
July 28, 2022 at 11:30 pm EDT
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Toyo Suisan Kaisha, Ltd. provided consolidated earnings guidance for the half year of fiscal 2023 and full year ending March 31, 2023. For the half year, the company expected net sales of JPY 194,000 million, Operating profit of JPY 16,000 million, Profit attributable to owner of parent of JPY 11,300 million and Basic earnings per share of JPY 110.65.
For the year, the company expected net sales of JPY 405,000 million, Operating profit of JPY 36,500 million, Profit attributable to owner of parent of JPY 27,000 million and Basic earnings per share of JPY 264.37.
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. 
