Toho Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending January 31, 2022
December 15, 2021 at 02:30 am EST
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Toho Co., Ltd. provided consolidated earnings guidance for the year ending January 31, 2022. For the period, the company expects Net sales of JPY 190,000 million. Operating loss of JPY 500 million. Profit attributable to owners of parent of JPY 0. Basic earnings per share of JPY 0.
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.