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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 & 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 JPYUSD
Revenue400,769M3,523.86M
Gross Profit150,428M1,322.67M
Operating income18,794M165.25M
Income before tax20,343M178.87M
Net income12,929M113.68M
EBITDA31,135M273.76M
Diluted EPS99.620.87
Dividends Per Share400.35
Total Assets328,359M2,534.41M
Total liabilities165,344M1,276.19M
Total equity161,758M1,248.51M
Operating cash flow22,226M195.42M
Currency in JPYCurrency in USD

Historical Data

 Apr 2018Apr 2019Apr 2020Apr 2021Apr 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 2018Apr 2019Apr 2020Apr 2021Apr 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
PER53.48
ROA3.90%
ROE8.24%
Operating margin4.68%
Profit margin3.22%

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

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