Toyo Suisan Kaisha Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for Fiscal Ending March 31, 2017
January 31, 2017 at 12:30 pm
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Toyo Suisan Kaisha Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 294,510 million, operating income of JPY 24,243 million, ordinary income of JPY 25,816 million, income before income taxes of JPY 25,408 million, profit attributable to owners of parent of JPY 17,253 million or JPY 168.94 basic earnings per share against net sales of JPY 296,580 million, operating income of 22,788 million, ordinary income of JPY 23,791 million, income before income taxes JPY 24,137 million, profit attributable to owners of parent of JPY 15,785 million or JPY 154.56 per basic share a year ago.
For fiscal ending March 31, 2017, on consolidated basis, the company expects net sales of JPY 395,000 million, operating income of JPY 29,000 million, ordinary income of JPY 30,000 million and profit attributable to owners of parent of JPY 20,500 million or JPY 200.73 per basic share.
Toyo Suisan Kaisha Ltd is a Japan-based food manufacturing company. The Company operates through six business segments. The Seafood segment is engaged in the purchase, processing and sale of seafoods in domestic and overseas markets. The Overseas Instant Noodles segment provides cup and bag noodles mainly in the United States and Mexico. The Domestic Instant Noodles segment provides cup and bag noodles in Japan. The Low Temperature Food segment manufactures and sells steamed and roasted buckwheat noodles, raw ramen, boiled noodles, frozen noodles and commercial cocking products. The Processed Food segment is engaged in the manufacture and sale of processed foods such as aseptic packaged rice, retort rice, soup, dashi-no-moto, bonito flakes, and paste products in Japan. The Frozen and Cold Storage segment is engaged in the provision of storage and freezing services. The Company also involves in the bag lunch, prepared food businesses.
Toyo Suisan Kaisha Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for Fiscal Ending March 31, 2017
TOYO SUISAN KAISHA, LTD. 
