TOHO Co.,Ltd.JP:8142Stock Price

Market cap
¥44.3B
P/E ratio
8.9x
Toho supplies commercial food products and ingredients to restaurants, hotels, and foodservice operators across Japan and Asia through wholesale distribution and cash-and-carry stores.

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Business Overview

Toho operates primarily in the business of selling commercial food products to the foodservice industry. The company operates four business segments: Distributor, Cash and Carry, Food Solutions, and Food Supermarket.

In the Distributor segment, the company directly supplies and sells commercial food ingredients to hotels, theme parks, restaurants, and corporate cafeterias. This allows the company to meet the diverse needs of the foodservice industry.

The Cash and Carry segment provides commercial food ingredients to small and medium-sized foodservice operators on a cash sales basis. This business enables quick and efficient transactions while enhancing customer convenience.

The Food Solutions segment offers a wide range of services, including ASP sales, quality management services, real estate leasing, general construction contracting, interior design and construction for restaurants, and import, manufacturing, and sales of commercial cooking equipment.

The Food Supermarket segment ceased operations at all stores as of November 21, 2024, and the company has withdrawn from this business. This demonstrates Toho's focus on other business operations.

Toho operates as a holding company, managing group business subsidiaries and handling procurement, development, and manufacturing of commercial food products. This supports efficient operations across the entire group.

Toho Food Service operates wholesale distribution of commercial food products to the foodservice industry. Toho Cash and Carry operates cash wholesale stores for commercial food products.

Toho Okinawa and Toho Kita-Kanto operate wholesale distribution to the foodservice industry and cash wholesale stores, addressing regional needs.

Toho Construction provides general construction contracting, real estate management, and interior design and construction services for restaurants, meeting construction-related needs.

Toho Farm engaged in agricultural production and sales but resolved to dissolve as of January 31, 2025, as the company undergoes business restructuring.

Toho Wing is a special subsidiary company for promoting employment of people with disabilities, providing cleaning and on-demand services within the group.

Systems Consultant develops and maintains software, addressing IT-related needs.

TOHO Singapore and TOHO Foods Malaysia wholesale Japanese food ingredients to the foodservice industry in Singapore and Malaysia, advancing the company's international expansion.

F.M.I. imports, manufactures, and sells commercial cooking equipment, coffee machines, and confectionery equipment, meeting cooking-related needs.

FRESHdirect and Bread N Better operate produce wholesale and cake and bread manufacturing and wholesale businesses in Singapore, meeting local market demand.

Showa Bussan and Kanto Foods operate wholesale distribution of commercial food products to the foodservice industry, supporting domestic market supply.

TOHO FOODS HK and Suitfit Company wholesale Japanese food ingredients to the foodservice industry in Hong Kong, strengthening the company's presence in the Asian market.

Management Policy

Toho is pursuing various growth strategies to achieve sustainable growth and improved profitability. Under its medium-term management plan "SHIFT-UP 2027," the company aims to transform into a new growth stage while realizing a sustainable society and ensuring stable business growth. This plan covers the three-year period from 2025 to 2027.

Toho is advancing business operations tailored to market conditions in each region. The company is particularly focused on restructuring in the Greater Tokyo Area and Okinawa, while pursuing new market development. Growth is being driven through strengthening private brand products, expanding cash-and-carry operations, and growing overseas business.

The company is also investing in expanding functions to comprehensively support the foodservice business. It is addressing customer needs through system upgrades for foodservice company operations support and expansion of food solution services. Additionally, Toho is advancing its IT/DX strategy to improve productivity through information technology utilization.

Promoting sustainability management is also a key pillar. Toho aims to provide delicious, safe, and reliable food while strengthening efforts toward zero food incidents and sustainable food development. The company is also advancing sustainable management through enhanced governance, CO2 emission reduction, and improved employee engagement.

Toho places importance on contributing to local communities. The company continues activities that contribute to building prosperous regions through food, thereby supporting regional development. Through these initiatives, Toho aims to enhance corporate value.