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Consumer Non-Durables

Kewpie Corp.

Business Summary

Kewpie Corp. engages in the manufacture and sale of food products. It operates through the following business segments: Condiment and Seasoning, Salad and Delicatessen, Egg, Fruit Solutions, Fine Chemicals, Distribution, and Common. The Condiment and Seasoning segment manufactures and sells mayonnaise, dressings, vinegar, pasta sauce, baby food, and nursing food products. The Salad and Delicatessen segment provides salads and side dishes. The Egg segment offers egg products such as liquid egg, frozen egg, soft boiled egg, omelets, egg salad, and processed egg. The Fruit Solutions segment supplies processed fruit products to dairy and food manufacturers such as jams, peanut cream, and terrine spread. The Fine Chemicals segment provides hyaluronic acid as an ingredient for pharmaceuticals, food, and cosmetics. The Distribution segment deals with food transportation and storage services. The Common segment includes the sale of food and manufacturing machinery. The company was founded by Toichiro Nakashima on November 30, 1919 and is headquartered in Tokyo, Japan.

Financial Highlights

Nov 2019 JPYUSD
Revenue545,723M4,995.21M
Gross Profit130,085M1,190.71M
Operating income32,049M293.35M
Income before tax32,487M297.36M
Net income18,699M171.15M
EBITDA50,942M466.29M
Diluted EPS130.711.19
Dividends Per Share450.41
Total Assets444,309M4,057.24M
Total liabilities167,553M1,530.02M
Total equity235,552M2,150.96M
Operating cash flow43,916M401.97M
Currency in JPYCurrency in USD

Historical Data

 Nov 2015Nov 2016Nov 2017Nov 2018Nov 2019
Revenue 549,774M 552,306M 561,688M 573,525M 545,723M
Gross Profit 114,675M 120,681M 126,149M 130,234M 130,085M
Operating income 26,360M 30,093M 31,261M 33,069M 32,049M
Income before tax 28,576M 30,290M 30,783M 33,586M 32,487M
Net income 16,973M 17,093M 18,100M 18,321M 18,699M
EBITDA 45,683M 48,568M 48,462M 51,798M 50,942M
Diluted EPS 111.82 113.47 121.05 124.85 130.71
Dividends Per Share 29 34.50 36.50 38 45
Total Assets 373,017M 385,914M 419,207M 419,736M 444,309M
Total liabilities 128,297M 140,049M 155,771M 153,633M 167,553M
Total equity 212,937M 212,621M 226,440M 226,332M 235,552M
Operating cash flow 28,094M 45,257M 27,234M 41,778M 43,916M
 Nov 2015Nov 2016Nov 2017Nov 2018Nov 2019
Revenue 4,548.35M 5,059.55M 4,997.66M 5,190.04M 4,995.21M
Gross Profit 948.72M 1,105.53M 1,122.42M 1,178.53M 1,190.71M
Operating income 218.07M 275.67M 278.14M 299.25M 293.35M
Income before tax 236.41M 277.47M 273.89M 303.93M 297.36M
Net income 140.41M 156.58M 161.04M 165.79M 171.15M
EBITDA 377.94M 444.92M 431.19M 468.73M 466.29M
Diluted EPS 0.92 1.03 1.07 1.12 1.19
Dividends Per Share 0.23 0.31 0.32 0.34 0.41
Total Assets 3,025.77M 3,386.84M 3,746.09M 3,696.48M 4,057.24M
Total liabilities 1,040.69M 1,229.09M 1,391.99M 1,352.99M 1,530.02M
Total equity 1,727.26M 1,865.99M 2,023.50M 1,993.23M 2,150.96M
Operating cash flow 232.42M 414.58M 242.31M 378.06M 401.97M

Valuation Measures

Nov 2019
PER18.61
ROA4.32%
ROE8.09%
Operating margin5.87%
Profit margin3.42%

Key executives

  • Chairman, Head-Compliance & Brand: Amane Nakashima
  • President & Representative Director: Osamu Chonan
  • Director, GM-Research & Development: Yoshinori Hamachiyo
  • Executive Officer & General Manager-Personnel: Masaya Urata
  • Executive Officer & GM-Wide Area Sales: Atsushi Tagawa

Shareholders

  • NAKASHIMA FAMILY /SHIBUYA/ (15.4%)
  • Kewpie Corp. (4.6%)
  • Kieikai Research Foundation (2.8%)
  • Asset Management One Co., Ltd. (2.6%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.1%)
  • Sumitomo Mitsui Financial Group, Inc. (2.1%)
  • Mizuho Bank Pension Fund (2.1%)
  • The Vanguard Group, Inc. (2.0%)
  • Nippon Life Insurance Co. (2.0%)

Contact Details

Related Companies

  • Fresh Delica Network Co., Ltd.
  • Green Message Co., Ltd.
  • Kewpie Egg World Trading Co., Ltd.
  • Osaka San-Ei Logistics Corp.
  • Shunsai Deli Co. , Ltd.
  • San-ei Logistics Corp.
  • Kewso Services Corp.
  • Kewpie Ai Corp.
  • Hanshin Delica Co., Ltd.
  • Tosu Kewpie Co., Ltd.
  • Kowa Delica Co., Ltd.
  • Hashikami Kewpie Co., Ltd
  • Zen-noh Kewpie Egg-station Co., Ltd.
  • Mosso Kewpie Poland Sp. zo.o
  • Kewpie Mirai Tamago Zaidan
  • Hangzhou Kewpie Co., Ltd.
  • PT Kewpie Indonesia
  • Beijing Kewpie Corp.
  • Kewpie Vietnam Co. Ltd.
  • KAT Corp.
  • Kewpie Pension Fund
  • K.System KK
  • Kewpie Malaysia Sdn. Bhd.
  • S.Y. Promotion Co., Ltd. (Tokyo)
  • QP Corp.
  • Kewpie Egg Corp.
  • Dairy Mate Co. Ltd.
  • Salad Club, Inc.
  • SYPROMOTION Co. Ltd.
  • Ishikari Delica Co., Ltd.

Competitors

  • Bloomage BioTechnology Corporation Ltd Class A
Last Updated on 24 Sep, 2020

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