Toyo Suisan Kaisha, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2020
July 30, 2020 at 11:30 pm
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Toyo Suisan Kaisha, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of ¥104,304 million against ¥97,758 million a year ago. Operating profit was ¥10,379 million against ¥5,824 million a year ago. Profit was ¥8,543 million or ¥82.26 per basic share against ¥4,874 million or ¥46.63 per basic share a year ago.
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. 
