TOHO Co.,Ltd.
8142・Prime Market・Wholesale Trade
Distributor Business
Core segment of the TOHO Group handling foodservice wholesale of ingredients for the restaurant industry
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales to external customers (Q1 cumulative) | ¥53,211 million | ¥46,971 million | ↑ |
| Segment operating profit (Q1 cumulative) | ¥1,630 million | ¥1,283 million | ↑ |
| Year-on-year change in net sales | +13.3% | — | ↑ |
| Year-on-year change in operating profit | +27.0% | — | ↑ |
| Unamortized goodwill balance | ¥1,213 million (consolidated total) | ¥1,305 million (consolidated total) | ↓ |
| Depreciation expense (Q1 cumulative, consolidated total) | ¥540 million | ¥535 million | ↑ |
Business Details
A business that directly supplies and sells foodservice ingredients to the restaurant industry, including hotels, theme parks, restaurants, and institutional catering. Domestically, it is operated by TOHO Foodservice Co., Ltd., TOHO Okinawa Co., Ltd., TOHO Kita Kanto Co., Ltd., Showa Bussan Co., Ltd., Kanto Foods Co., Ltd. and others, and overseas it has expanded into Singapore, Malaysia, Hong Kong, and Vietnam. It is the largest segment, accounting for approximately 78% of consolidated net sales, with the expansion of the restaurant market driven by inbound demand serving as its primary growth driver.
Recent Overview
Both sales and profit increased significantly, driven by M&A contribution and strong domestic restaurant industry sales
In the first quarter of FY2027 (ending March 2027) (February to April 2026), net sales reached ¥53,211 million (up 13.3% year on year) and operating profit reached ¥1,630 million (up 27.0% year on year), achieving substantial increases in both revenue and profit, supported by the contribution of Sankyo Shokutori Co., Ltd., which joined the group in September of the previous fiscal year, and steady sales to the domestic restaurant industry. In addition, in February 2026, the company made Vietnam's KOME88 JOINT STOCK COMPANY an equity-method affiliate, marking its first entry into Vietnam. Kanto Foods Co., Ltd. opened an Ibaraki sales office in April, promoting the development of new markets.
Key Products
Growth Drivers
- Steady expansion of the domestic and overseas restaurant market driven by strong inbound demand
- Enhanced product capabilities and sales contribution from bringing Sankyo Shokutori Co., Ltd. into the group (September 2025)
- Market share expansion based on regional strategies leveraging facility enhancements from the previous fiscal year in the greater Tokyo area and tourist cities
- Development of new markets through the opening of Kanto Foods Co., Ltd.'s Ibaraki sales office (April 2026)
- Expansion of overseas business (making Vietnam's KOME88 JOINT STOCK COMPANY an equity-method affiliate)
- Strengthening of proposals to solve restaurant industry challenges through private brand product development
Risks
- Continued rise in logistics costs including freight and packing expenses
- Deteriorating business environment for restaurant operators due to rising ingredient costs and labor shortages
- Downside risk to restaurant demand due to increasing consumer thrift-mindedness amid rising prices
- Price surges in crude oil and related products and concerns over supply shortages due to escalating tensions in the Middle East
- Impact on overseas business earnings from yen depreciation
- Downside risk to inbound demand due to geopolitical risks
Last updated: April 27, 2026