Tohto Suisan Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020
November 06, 2019
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Tohto Suisan Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2019. For the period, net sales were JPY 56,338 million against JPY 55,621 million a year ago. Operating profit was JPY 188 million against JPY 388 million a year ago. Profit was JPY 221 million against income of JPY 433 million a year ago. Earnings per share was JPY 57.75 against JPY 109.31 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. The company expects net sales of JPY 120,000 million, operating income of JPY 1,200 million, profit attributable to owners of parent of JPY 1,000 million and net income per share of JPY 260.82.
The company provided dividend guidance for the fiscal year ending March 31, 2020. The company expects year-end dividend of JPY 65 per share compared to 65 per share paid a year ago.
TOHTO SUISAN CO., LTD. is a Japan-based company engaged in the wholesale of seafood, the purchase and sale of fresh and processed marine products on the wholesale market, as well as the refrigerated warehousing, the manufacture and processing of marine products, real estate leasing and other businesses. The Company has three business segments. The Seafood Wholesale segment is involved in the wholesale of seafood. The Refrigerated Warehouse and Related segment is engaged in the refrigerated warehousing business, as well as the manufacture and processing of seafood. The Real Estate Leasing segment is engaged in the leasing of real estate properties and the establishment of wholesale markets.
Tohto Suisan Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020