Process Industries

Feed One Co., Ltd.

Business Summary

Feed One Co., Ltd. engages in the management of its group companies involve in the production and sale of formula feed for livestock and fisheries. It operates through the following business segments: Feed, Food, and Others. The Feed segment includes livestock, fishery, and other feeds. The Food segment offers produce from livestock, farmed fish, and processed products. The Others segment include livestock machineries and real estate leasing. The company was founded on October 1, 2014 and is headquartered in Yokohama, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	307,911M	2,272.11M
Gross Profit	22,693M	167.45M
Operating income	1,423M	10.50M
Income before tax	1,639M	12.09M
Net income	1,030M	7.60M
EBITDA	4,658M	34.37M
Diluted EPS	26.98	0.19
Dividends Per Share	25	0.18
Total Assets	127,913M	961.10M
Total liabilities	82,595M	620.59M
Total equity	44,768M	336.37M
Operating cash flow	-7,801M	-57.56M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	212,886M	215,050M	214,120M	243,202M	307,911M
Gross Profit	23,129M	23,649M	21,957M	22,712M	22,693M
Operating income	4,124M	5,415M	5,673M	4,294M	1,423M
Income before tax	6,193M	5,706M	6,472M	5,090M	1,639M
Net income	4,657M	3,842M	4,439M	3,660M	1,030M
EBITDA	6,519M	7,928M	8,830M	7,492M	4,658M
Diluted EPS	118.26	97.61	112.75	94.63	26.98
Dividends Per Share	22.50	25	25	25	25
Total Assets	88,934M	90,880M	99,251M	108,504M	127,913M
Total liabilities	52,517M	51,970M	56,452M	63,660M	82,595M
Total equity	35,993M	38,488M	42,290M	44,306M	44,768M
Operating cash flow	4,907M	1,200M	7,819M	2,807M	-7,801M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,919.71M	1,977.91M	2,018.90M	2,164.24M	2,272.11M
Gross Profit	208.56M	217.51M	207.02M	202.11M	167.45M
Operating income	37.18M	49.80M	53.48M	38.21M	10.50M
Income before tax	55.84M	52.48M	61.02M	45.29M	12.09M
Net income	41.99M	35.33M	41.85M	32.57M	7.60M
EBITDA	58.78M	72.91M	83.25M	66.67M	34.37M
Diluted EPS	1.06	0.89	1.06	0.84	0.19
Dividends Per Share	0.20	0.22	0.23	0.22	0.18
Total Assets	803.48M	841.83M	898.19M	893.95M	961.10M
Total liabilities	474.47M	481.40M	510.87M	524.49M	620.59M
Total equity	325.18M	356.51M	382.71M	365.03M	336.37M
Operating cash flow	44.24M	11.03M	73.72M	24.97M	-57.56M

Valuation Measures

Mar 2023
PER	25.04
ROA	0.87%
ROE	2.31%
Operating margin	0.46%
Profit margin	0.33%

Key executives

President & Representative Director: Hidehiro Shoji
Manager-Accounting & Finance: Kazuo Kubota
Executive Officer & Head-Research Institute: Yuji Kawasaki
Executive Officer & Manager-Kita Kyushu: Kazuhiko Kumagai
Director & GM-Administration: Yoshimasa Umemura

Shareholders

Mitsui & Co., Ltd. (25.5%)
OHTSU FAMILY (3.1%)
Keihin Co., Ltd. (2.7%)
Tokio Marine Holdings, Inc. (2.2%)
Nomura Asset Management Co., Ltd. (2.2%)
Asahi Mutual Life Insurance Co. (2.0%)
Concordia Financial Group, Ltd. (2.0%)
SSgA Funds Management, Inc. (1.8%)
Dimensional Fund Advisors LP (1.8%)
Yonkyu Co., Ltd. (1.5%)

Contact Details

Website:http://www.feed-one.co.jp
Address: 2-23-2 Tsuruya-cho, Kanagawa-Ku, Yokohama, 221-0835, Japan
Phone: +81.45.311.2300

Related Companies

Iwaki Chuo Bokujo YK
Feed One Board Incentive Plan

Competitors

Last Updated on 31 May, 2023