ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Distribution Services

Kitoku Shinryo Co., Ltd.

Business Summary

Kitoku Shinryo Co., Ltd. engages in the manufacture and sale of milled rice, feeds, chicken eggs and related products. It operates in through the following segments: Rice, Feeds, Chicken Eggs, and Food Products. The Rice segment produces and sells commercial and household rice, brown rice, and rice for processed foods. The Feeds segment covers the feeds and feed ingredients. The Chicken Eggs segment markets commercial and household fresh eggs. The Food Products segment manufactures and merchandises chicken meat, processed foods, and rice flour. The company was founded in January 1882 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2019 JPYUSD
Revenue117,612.27M1,078.90M
Gross Profit5,508.63M50.53M
Operating income76.54M0.70M
Income before tax602.16M5.52M
Net income676.52M6.20M
EBITDA471.93M4.32M
Diluted EPS413.443.79
Dividends Per Share500.45
Total Assets31,447.56M289.37M
Total liabilities21,676.37M199.46M
Total equity9,639.06M88.69M
Operating cash flow2,018.74M18.51M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 100,724.61M 102,797.60M 105,411.71M 114,345.96M 117,612.27M
Gross Profit 7,156.43M 6,648.54M 5,948.02M 6,175.49M 5,508.63M
Operating income 1,391.39M 1,062.30M 649.43M 803.45M 76.54M
Income before tax 1,467.38M 1,159.64M 1,120.83M 561.61M 602.16M
Net income 988.47M 918.63M 875.93M 283.13M 676.52M
EBITDA 1,821.89M 1,496.82M 1,104.68M 1,192.55M 471.93M
Diluted EPS 582.70 541.60 535.35 173.18 413.44
Dividends Per Share 50 50 50 50 50
Total Assets 27,533.26M 29,446.30M 32,713.24M 34,393.25M 31,447.56M
Total liabilities 19,797.21M 20,859.80M 23,605.61M 25,096.79M 21,676.37M
Total equity 7,581.75M 8,465.10M 8,997.04M 9,169.58M 9,639.06M
Operating cash flow 1,430.31M -840.38M -2,094.24M 463.99M 2,018.74M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 831.98M 946.05M 940.05M 1,035.34M 1,078.90M
Gross Profit 59.11M 61.18M 53.04M 55.91M 50.53M
Operating income 11.49M 9.77M 5.79M 7.27M 0.70M
Income before tax 12.12M 10.67M 9.99M 5.08M 5.52M
Net income 8.16M 8.45M 7.81M 2.56M 6.20M
EBITDA 15.04M 13.77M 9.85M 10.79M 4.32M
Diluted EPS 4.81 4.98 4.77 1.56 3.79
Dividends Per Share 0.41 0.46 0.44 0.45 0.45
Total Assets 228.88M 252.46M 290.39M 313.47M 289.37M
Total liabilities 164.57M 178.84M 209.54M 228.74M 199.46M
Total equity 63.02M 72.57M 79.86M 83.57M 88.69M
Operating cash flow 11.81M -7.73M -18.67M 4.20M 18.51M

Valuation Measures

Dec 2019
PER8.53
ROA2.05%
ROE7.19%
Operating margin0.06%
Profit margin0.57%

Key executives

  • President, Representative Director & GM-Sales: Makoto Hirayama
  • Director & Executive Officer: Tomoki Yamada
  • Director & Executive Officer: Masunari Kan
  • Director & Head-Administration: Hideki Inagaki
  • Director & Deputy General Manager-Sales: Yoshihiko Kamada

Shareholders

  • Japan Agricultural Cooperatives Group (5.6%)
  • Kitoku Shinryo Co., Ltd. (5.0%)
  • KIMURA RYO /KITOKU SHINRYO/ (4.2%)
  • Yamato Sangyo Co., Ltd. (Aichi) (4.1%)
  • Hamada Seibaku KK (3.5%)
  • Mitsubishi UFJ Financial Group, Inc. (3.5%)
  • Shinmei Holding KK (2.8%)
  • MIZUNO MASAO /KITOKU SHINRYO/ (2.6%)
  • Kitoku Shinryo Employee Stock Ownership Plan (2.2%)
  • Sumitomo Mitsui Financial Group, Inc. (2.1%)

Contact Details

Related Companies

  • Kitoku Hanoi LLC
  • Kitoku (Dalian) Trading Co. Ltd.
  • Taiwan Kitoku Co. Ltd.
  • Kitoku Thailand, Inc.
  • Kitoku America, Inc.
  • Kitoku Tokai KK
  • Angimex - Kitoku Ltd. Co.
  • Bizen Shokuryo Co., Ltd.
  • Kitoku Kyushu KK
  • Toyo Kitoku Foods Co. Ltd.
  • Ibaraki Naigai Shokuhin YK
  • Kitoku Shinryo Employee Stock Ownership Plan
  • Kitoku Foods Co. Ltd.

Competitors

    Last Updated on 28 Oct, 2020

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

    Stay ahead with our exclusives on Asia;
    the most dynamic market in the world.

    Stay ahead with our exclusives on Asia

    Get trusted insights from experts within Asia itself.

    Get trusted insights from experts
    within Asia itself.

    Try 1 month for $0.99

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

    This is your last free article this month

    Stay ahead with our exclusives on Asia; the most
    dynamic market in the world
    .

    Get trusted insights from experts
    within Asia itself.

    Try 3 months for $9

    Offer ends October 31st

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to Nikkei Asia has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more