Toho Co., Ltd. Provides Earnings Guidance for the Six Months Ended July 31, 2021 and the Full Year Ending January 31, 2022
June 15, 2021 at 12:00 pm IST
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Toho Co., Ltd. provided earnings guidance for the six months ended July 31, 2021 and the full year ending January 31, 2022. For the six months ended July 31, 2021, the company expected net sales of JPY 94,600 million, operating loss of JPY 1,000 million, loss attributable to owners of parent of JPY 1,100 million and basic loss per share of JPY 102.26.
For the year ending January 31, 2022, the company expected net sales of JPY 200,000 million, operating profit of JPY 600 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 sales 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.