Consumer Non-Durables

ITO EN, LTD.

In the news

Hold the coffee: Tea shop craze brews in Japan Aug 3, 2020
Ito En uses tea leaves to brew up antimicrobial vending machines Jun 9, 2020
Green tea boom in Asia puts pep in Ito En's step Jun 1, 2018
Line Pay strives to stand out in crowded Japan e-payment market Jan 12, 2018
Tea maker Ito En to sip sweet profits as Asia enforces sugar tax Dec 31, 2017

Business Summary

ITO EN, LTD. engages in the production and marketing of tea leaves and beverages. It operates through the following segments: Leaf & Drink-related Business, Food-related Business, and Others. The Leaf & Drink-related Business segment produces and sells green, black, barley, and oolong tea. The Food-related Business segment manages franchise operations of specialty coffee shops. The Others segment engages in the manufacture and sale of supplements. The company was founded on August 22, 1966 and is headquartered in Tokyo, Japan.

Financial Highlights

Apr 2022	JPY	USD
Revenue	400,769M	3,523.86M
Gross Profit	150,428M	1,322.67M
Operating income	18,794M	165.25M
Income before tax	20,343M	178.87M
Net income	12,929M	113.68M
EBITDA	31,135M	273.76M
Diluted EPS	99.62	0.87
Dividends Per Share	40	0.35
Total Assets	328,359M	2,534.41M
Total liabilities	165,344M	1,276.19M
Total equity	161,758M	1,248.51M
Operating cash flow	22,226M	195.42M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022
Revenue	494,793M	504,153M	483,360M	446,281M	400,769M
Gross Profit	223,110M	229,079M	221,798M	204,796M	150,428M
Operating income	22,044M	22,820M	19,941M	16,676M	18,794M
Income before tax	20,990M	22,486M	14,368M	13,395M	20,343M
Net income	12,553M	14,462M	7,793M	7,012M	12,929M
EBITDA	37,085M	38,008M	34,806M	30,369M	31,135M
Diluted EPS	95.70	110.91	60.02	54.01	99.62
Dividends Per Share	40	40	40	40	40
Total Assets	301,167M	303,981M	290,651M	333,065M	328,359M
Total liabilities	157,414M	153,056M	140,955M	180,006M	165,344M
Total equity	142,634M	149,796M	148,482M	151,921M	161,758M
Operating cash flow	25,322M	26,128M	24,719M	25,351M	22,226M

	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022
Revenue	4,472.75M	4,533.12M	4,458.60M	4,203.92M	3,523.86M
Gross Profit	2,016.83M	2,059.78M	2,045.90M	1,929.15M	1,322.67M
Operating income	199.26M	205.18M	183.93M	157.08M	165.25M
Income before tax	189.74M	202.18M	132.53M	126.17M	178.87M
Net income	113.47M	130.03M	71.88M	66.05M	113.68M
EBITDA	335.23M	341.75M	321.05M	286.07M	273.76M
Diluted EPS	0.86	0.99	0.55	0.50	0.87
Dividends Per Share	0.36	0.35	0.36	0.37	0.35
Total Assets	2,752.26M	2,729.34M	2,718.01M	3,047.11M	2,534.41M
Total liabilities	1,438.55M	1,374.24M	1,318.13M	1,646.82M	1,276.19M
Total equity	1,303.48M	1,344.96M	1,388.52M	1,389.88M	1,248.51M
Operating cash flow	228.90M	234.93M	228.01M	238.80M	195.42M

Valuation Measures

Apr 2022
PER	53.48
ROA	3.90%
ROE	8.24%
Operating margin	4.68%
Profit margin	3.22%

Key executives

President & Representative Director: Daisuke Honjo
Vice Chairman, Head-Compliance & Production: Shunji Hashimoto
Director, Vice President & Head-Administration: Minoru Watanabe
Representative Director, VP & Senior GM-Sales: Shusuke Honjo
Executive Officer & Manager-Internal Audit: Masato Kawamoto

Shareholders

HONJO FAMILY (19.7%)
Invesco Asset Management (Japan) Ltd. (6.8%)
MFS International (UK) Ltd. (6.5%)
Honjo International Scholarship Foundation (5.8%)
HONJO HACHIRO (2.7%)
Nomura Asset Management Co., Ltd. (2.4%)
Toyo Seikan Group Holdings Ltd. (2.1%)
Resona Holdings, Inc. (2.1%)
ITO EN Employee Stock Ownership Plan (2.1%)
The Vanguard Group, Inc. (1.6%)

Contact Details

Website:http://www.itoen.co.jp
Address: 3-47-10 Hon-machi, Shibuya-Ku, Tokyo, 151-8550, Japan
Phone: +81.3.5371.7111

Related Companies

Green Value Co., Ltd.
Neos Corp.
ITO EN Asia Pacific Holdings Pte Ltd.
Ningbo Shunyi Tea Products Co. Ltd.
ITO EN Beverage (Shanghai) Ltd.
ITO EN Australia Pty Ltd.
ITO EN Singapore Pte Ltd.
PT ITO EN Ultrajaya Wholesale
ITO EN Kansai Chagyo Ltd.
Tully's Coffee Japan Co., Ltd.
Okinawa ITO EN Ltd.
ITO EN ITOCHU Mineral Waters Co., Ltd.
ITO EN Sangyo Ltd.
Chichiyasu KK
TSUCHIKURA Co., Ltd.
Sentry Manufacturing, Inc.
ITO EN (Hawaii) LLC
ITO EN (North America), Inc.
ITO EN Employee Stock Ownership Plan
Honjo International Scholarship Foundation
FOODX Globe Co., Ltd.

Competitors

Farmer Bros. Co.

Last Updated on 12 Aug, 2022