Toho Co., Ltd. Provides Earnings Guidance for the Year Ending January 31, 2021
December 16, 2020 at 09:00 am
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Toho Co., Ltd. provided earnings guidance for the year ending January 31, 2021. For the year ending January 31, 2021, on consolidated basis, the company expects net sales of ¥185,000 million, operating loss of ¥3,900 million, loss attributable to owners of parent of ¥4,100 million and ¥381.14 per basic share.
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.