Toho Co., Ltd. Announces Consolidated Impairment Charges for the Three Months Ended April 30, 2022
June 14, 2022 at 03:00 am
Share
Toho Co., Ltd. announced consolidated Impairment charges for the three months ended April 30, 2022. For the period, the company reported Impairment losses of JPY 24 million.
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.