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Toho Co.'s Sales Climb Over 11% in June

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Toho Co.'s (TYO:8142) sales revenue in June increased over 11% year on year to 21.9 billion yen, according to a Monday filing on the Tokyo Stock Exchange.

The distributor business saw sales jump 14% as inbound demand supported volumes, while the contribution from newly consolidated Sankyo Shokucho also boosted results.

The cash-and-carry business sales edged up 0.4% after a waning rice demand and typhoons, while sales in the food solutions business gained 2.4% year on year due to an increase in project completions.

The company said it had 96 C&C stores at the end of June, after three new openings and one closure.

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