Consumer Non-Durables

CALBEE, Inc.

Business Summary

CALBEE, Inc. engages in the manufacture and sale of snacks and food products. It operates through the Food Manufacturing and Sales; and Other divisions. The Food Manufacturing and Sales division handles the production of potato, wheat, and corn-based snacks and cereals. The Other division manages logistics business. The company was founded on April 30, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	279,315M	2,061.09M
Gross Profit	90,101M	664.86M
Operating income	22,121M	163.23M
Income before tax	22,641M	167.07M
Net income	14,772M	109.00M
EBITDA	34,147M	251.97M
Diluted EPS	115.15	0.84
Dividends Per Share	52	0.38
Total Assets	239,095M	1,796.49M
Total liabilities	56,407M	423.82M
Total equity	174,112M	1,308.22M
Operating cash flow	19,310M	142.49M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	248,655M	255,938M	266,745M	245,419M	279,315M
Gross Profit	111,083M	114,981M	117,685M	83,869M	90,101M
Operating income	26,873M	27,542M	26,925M	25,037M	22,121M
Income before tax	28,469M	25,743M	26,381M	26,748M	22,641M
Net income	19,428M	17,539M	17,682M	18,053M	14,772M
EBITDA	35,654M	36,705M	37,729M	36,045M	34,147M
Diluted EPS	145.33	131.20	132.29	136.24	115.15
Dividends Per Share	48	50	50	52	52
Total Assets	202,750M	214,967M	238,978M	236,598M	239,095M
Total liabilities	42,256M	45,332M	56,234M	53,137M	56,407M
Total equity	153,935M	163,242M	175,369M	175,380M	174,112M
Operating cash flow	27,620M	40,449M	30,450M	22,327M	19,310M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	2,242.26M	2,353.97M	2,515.09M	2,183.97M	2,061.09M
Gross Profit	1,001.69M	1,057.53M	1,109.63M	746.34M	664.86M
Operating income	242.32M	253.31M	253.87M	222.80M	163.23M
Income before tax	256.72M	236.76M	248.74M	238.02M	167.07M
Net income	175.19M	161.31M	166.72M	160.65M	109.00M
EBITDA	321.51M	337.59M	355.74M	320.76M	251.97M
Diluted EPS	1.31	1.20	1.24	1.21	0.84
Dividends Per Share	0.43	0.45	0.47	0.46	0.38
Total Assets	1,831.77M	1,991.26M	2,162.69M	1,949.31M	1,796.49M
Total liabilities	381.76M	419.91M	508.90M	437.79M	423.82M
Total equity	1,390.74M	1,512.13M	1,587.04M	1,444.94M	1,308.22M
Operating cash flow	249.06M	372.02M	287.10M	198.68M	142.49M

Valuation Measures

Mar 2023
PER	24.06
ROA	6.21%
ROE	8.45%
Operating margin	7.91%
Profit margin	5.28%

Management

President, CEO & Representative Director: Makoto Ehara
Senior Managing Director: Koichi Kikuchi
Executive Officer & General Manager-Technology: Kenichi Ono
Executive Officer, GM-Research & Development: Eizaburo Endo
Chief Branding Officer & Executive Officer: Takanori Koizumi

Shareholders

PepsiCo, Inc. (20.0%)
MATSUO FAMILY /CALBEE/ (13.6%)
CALBEE, Inc. (6.7%)
Baillie Gifford & Co. (4.9%)
GIC Pte Ltd. (Investment Management) (2.7%)
Nomura Asset Management Co., Ltd. (2.2%)
The Vanguard Group, Inc. (1.7%)
T. Rowe Price International Ltd. (1.6%)
Calbee Employee Stock Ownership Plan (1.5%)
The Torigoe Co., Ltd. (1.4%)

Contact Details

Website:http://www.calbee.co.jp
Address: Marunouchi Trust Tower Main, 22/F, 1-8-3 Marunouchi, Tokyo, 100-0005, Japan
Phone: +81.3.5220.6222

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Competitors

YanGuFang International Group Co., Ltd.

Last Updated on 21 Sep, 2023