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Consumer Non-Durables

Ezaki Glico Co., Ltd.

Business Summary

Ezaki Glico Co., Ltd. engages in the production and sale of confectionery and other food products. It operates through the following segments: Confectioneries, Ice Cream, Food Products, Milk & Dairy Products, Food Ingredients and Others. The Confectioneries segment manages the production and sale of chocolates, chewing gums, cookies and snacks. The Ice Cream segment engages in the production and sale of ice cream products. The Food Products segment covers the production and sale of roux curry and retort-packed food. The Milk & Dairy Products segment deals with the production and sale of milk and dairy products. The Food Ingredient segment manufactures and sells starch and food colours. The Others segment includes the sports foods, new materials, system maintenance and development, and warehouse businesses. The company was founded by Reiichi Ezaki on February 11, 1922 and is headquartered in Osaka, Japan.

Financial Highlights

Dec 2021 JPYUSD
Gross Profit154,249M1,403.88M
Operating income19,164M174.41M
Income before tax20,806M189.36M
Net income13,519M123.04M
Diluted EPS208.441.89
Dividends Per Share700.63
Total Assets359,574M3,122.52M
Total liabilities118,393M1,028.11M
Total equity240,791M2,091.01M
Operating cash flow29,625M269.62M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Dec 2019Dec 2020Dec 2021
Revenue 353,217M 353,432M 384,248.37M 344,048M 338,571M
Gross Profit 163,152M 163,546M 180,659.54M 158,644M 154,249M
Operating income 24,075M 20,189M 20,347.94M 18,317M 19,164M
Income before tax 26,492M 22,473M 26,910.59M 19,683M 20,806M
Net income 18,148M 15,216M 16,062.62M 11,837M 13,519M
EBITDA 35,185M 33,868M 35,385.24M 32,953M 33,413M
Diluted EPS 276.20 231.33 185.30 182.47 208.44
Dividends Per Share 50 50 120 65 70
Total Assets 324,118M 341,024M 347,620M 343,620M 359,574M
Total liabilities 125,681M 126,234M 126,703M 121,067M 118,393M
Total equity 192,450M 208,295M 213,182M 221,756M 240,791M
Operating cash flow 30,584M 32,699M 18,513M 18,234M 29,625M
 Mar 2017Mar 2018Dec 2019Dec 2020Dec 2021
Revenue 3,261.84M 3,188.88M 3,524.86M 3,222.37M 3,081.46M
Gross Profit 1,506.65M 1,475.61M 1,657.26M 1,485.86M 1,403.88M
Operating income 222.32M 182.15M 186.65M 171.55M 174.41M
Income before tax 244.64M 202.76M 246.86M 184.35M 189.36M
Net income 167.59M 137.28M 147.34M 110.86M 123.04M
EBITDA 324.92M 305.57M 324.60M 308.63M 304.10M
Diluted EPS 2.55 2.08 1.69 1.70 1.89
Dividends Per Share 0.46 0.45 1.10 0.60 0.63
Total Assets 2,908.71M 3,206.61M 3,198.71M 3,328.19M 3,122.52M
Total liabilities 1,127.89M 1,186.96M 1,165.88M 1,172.61M 1,028.11M
Total equity 1,727.09M 1,958.57M 1,961.64M 2,147.86M 2,091.01M
Operating cash flow 282.43M 295.03M 169.82M 170.78M 269.62M

Valuation Measures

Dec 2021
Operating margin5.66%
Profit margin3.99%

Key executives

  • President & Representative Director: Etsuro Ezaki
  • Managing Executive Officer & Finance Manager: Shinichi Takahashi
  • Executive Officer & General Manager-Sales: Akira Bando
  • Executive Officer & Manager-Ice Cream Marketing: Shinya Nagao
  • Director & Managing Executive Officer: Takashi Kuriki


  • Ezaki Glico Co., Ltd. (7.1%)
  • MFS International (UK) Ltd. (5.1%)
  • T&D Holdings, Inc. (5.1%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • Japan Agricultural Cooperatives Group (2.8%)
  • Ezaki Glico Business Association (2.4%)
  • Dai Nippon Printing Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (1.9%)
  • Taisho Pharmaceutical Holdings Co., Ltd. (1.4%)

Contact Details

  • Website:
  • Address: 4-6-5 Utajima, Nishiyodogawa-Ku, Osaka, 555-8502, Japan
  • Phone: +81.6.6477.8352

Related Companies

  • Glico Channel Create Co., Ltd.
  • Glico Manufacturing Japan Co., Ltd.
  • Glico North America Holdings, Inc.
  • Koei Information Systems Co., Ltd.
  • Glico Asia Pacific Pte Ltd.
  • Ezaki Glico Restricted Stock Compensation Plan
  • Glico Haitai Co., Ltd.
  • Glico Canada Corp.
  • Shanghai Ezaki Glico Nanfeng Food Co., Ltd.
  • Ezaki Glico Board Incentive Plan
  • Ezaki Glico USA Corp.
  • Ezaki Glico Employee Incentive Plan
  • Ezaki Glico Business Association
  • Glico Foods Co., Ltd.
  • Tokai Glico Eishoku KK
  • Hokkaido Glico Co. Ltd.
  • Tohoku Frozen Co., Ltd.
  • Yamaguchi Glico Eishoku KK
  • Shanghai Ezaki Glico Foods Co., Ltd.


    Last Updated on 4 Oct, 2022

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