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Consumer Non-Durables

ITO EN, LTD.

Business Summary

ITO EN, LTD. engages in the production and marketing of tea leaves and beverages. It operates through the following segments: Leaf and Drink-related Business, Food-related Business, and Others. The Leaf and 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 2021 JPYUSD
Revenue446,281M4,203.92M
Gross Profit204,796M1,929.15M
Operating income16,676M157.08M
Income before tax13,395M126.17M
Net income7,012M66.05M
EBITDA30,369M286.07M
Diluted EPS54.010.50
Dividends Per Share400.37
Total Assets333,065M3,047.11M
Total liabilities180,006M1,646.82M
Total equity151,921M1,389.88M
Operating cash flow25,351M238.80M
Currency in JPYCurrency in USD

Historical Data

 Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021
Revenue 475,866M 494,793M 504,153M 483,360M 446,281M
Gross Profit 215,858M 223,110M 229,079M 221,798M 204,796M
Operating income 21,775M 22,044M 22,820M 19,941M 16,676M
Income before tax 20,723M 20,990M 22,486M 14,368M 13,395M
Net income 13,693M 12,553M 14,462M 7,793M 7,012M
EBITDA 36,009M 37,085M 38,008M 34,806M 30,369M
Diluted EPS 104.05 95.70 110.91 60.02 54.01
Dividends Per Share 40 40 40 40 40
Total Assets 305,094M 301,167M 303,981M 290,651M 333,065M
Total liabilities 168,383M 157,414M 153,056M 140,955M 180,006M
Total equity 135,587M 142,634M 149,796M 148,482M 151,921M
Operating cash flow 27,098M 25,322M 26,128M 24,719M 25,351M
 Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021
Revenue 4,393.09M 4,472.75M 4,533.12M 4,458.60M 4,203.92M
Gross Profit 1,992.75M 2,016.83M 2,059.78M 2,045.90M 1,929.15M
Operating income 201.02M 199.26M 205.18M 183.93M 157.08M
Income before tax 191.31M 189.74M 202.18M 132.53M 126.17M
Net income 126.41M 113.47M 130.03M 71.88M 66.05M
EBITDA 332.42M 335.23M 341.75M 321.05M 286.07M
Diluted EPS 0.96 0.86 0.99 0.55 0.50
Dividends Per Share 0.36 0.36 0.35 0.36 0.37
Total Assets 2,737.00M 2,752.26M 2,729.34M 2,718.01M 3,047.11M
Total liabilities 1,510.56M 1,438.55M 1,374.24M 1,318.13M 1,646.82M
Total equity 1,216.35M 1,303.48M 1,344.96M 1,388.52M 1,389.88M
Operating cash flow 250.16M 228.90M 234.93M 228.01M 238.80M

Valuation Measures

Apr 2021
PER111.75
ROA2.24%
ROE4.66%
Operating margin3.73%
Profit margin1.57%

Key executives

  • President & Representative Director: Daisuke Honjo
  • Director, Vice President & Head-Compliance: Shunji Hashimoto
  • Director, Vice President & GM-Overseas: Minoru Watanabe
  • Representative Director, VP & Senior GM-Sales: Shusuke Honjo
  • General Manager-Administration: Atsushi Hirata

Shareholders

  • HONJO FAMILY (19.5%)
  • MFS International (UK) Ltd. (7.5%)
  • Invesco Asset Management (Japan) Ltd. (6.6%)
  • Honjo International Scholarship Foundation (5.8%)
  • HONJO HACHIRO (2.7%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Toyo Seikan Group Holdings Ltd. (2.1%)
  • ITO EN Employee Stock Ownership Plan (2.1%)
  • Resona Holdings, Inc. (2.1%)
  • The Vanguard Group, Inc. (1.5%)

Contact Details

  • Website:http://www.itoen.co.jp
  • Address: 3-47-10 Honmachi, 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

  • Ichitan Group Public Co., Ltd.
  • Farmer Bros. Co.
Last Updated on 28 Sep, 2021

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