Toho Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended July 31, 2021
September 13, 2021 at 10:00 pm
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Toho Co., Ltd. announced consolidated earnings results for the six months ended July 31, 2021. For the period, on consolidated basis, the company announced net sales of JPY 89,786 million compared to JPY 87,703 million a year ago. Operating loss was JPY 1,113 million compared to JPY 2,890 million a year ago. Loss was JPY 722 million compared to JPY 2,687 million a year ago. Basic loss per share was JPY 71.61 compared to JPY 250.82 a year ago.
Toho Co Ltd is a Japan-based company mainly sells 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.