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Process Industries

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 2021 JPYUSD
Revenue107,812.62M981.24M
Gross Profit5,887.54M53.58M
Operating income528.13M4.80M
Income before tax613.89M5.58M
Net income505.12M4.59M
EBITDA937.32M8.53M
Diluted EPS311.712.83
Dividends Per Share500.45
Total Assets30,061.48M261.05M
Total liabilities19,481.88M169.17M
Total equity10,332.58M89.72M
Operating cash flow774.11M7.04M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 105,411.71M 114,345.96M 117,612.27M 107,596.50M 107,812.62M
Gross Profit 5,948.02M 6,175.49M 5,508.63M 5,137.15M 5,887.54M
Operating income 649.43M 803.45M 76.54M -41.56M 528.13M
Income before tax 1,120.83M 561.61M 602.16M 222.63M 613.89M
Net income 875.93M 283.13M 676.52M 62.57M 505.12M
EBITDA 1,104.68M 1,192.55M 471.93M 351.25M 937.32M
Diluted EPS 535.35 173.18 413.44 38.61 311.71
Dividends Per Share 50 50 50 50 50
Total Assets 32,713.24M 34,393.25M 31,447.56M 29,974.31M 30,061.48M
Total liabilities 23,605.61M 25,096.79M 21,676.37M 20,461.53M 19,481.88M
Total equity 8,997.04M 9,169.58M 9,639.06M 9,385.96M 10,332.58M
Operating cash flow -2,094.24M 463.99M 2,018.74M 704.92M 774.11M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 940.05M 1,035.34M 1,078.90M 1,007.75M 981.24M
Gross Profit 53.04M 55.91M 50.53M 48.11M 53.58M
Operating income 5.79M 7.27M 0.70M -0.38M 4.80M
Income before tax 9.99M 5.08M 5.52M 2.08M 5.58M
Net income 7.81M 2.56M 6.20M 0.58M 4.59M
EBITDA 9.85M 10.79M 4.32M 3.28M 8.53M
Diluted EPS 4.77 1.56 3.79 0.36 2.83
Dividends Per Share 0.44 0.45 0.45 0.46 0.45
Total Assets 290.39M 313.47M 289.37M 290.32M 261.05M
Total liabilities 209.54M 228.74M 199.46M 198.18M 169.17M
Total equity 79.86M 83.57M 88.69M 90.90M 89.72M
Operating cash flow -18.67M 4.20M 18.51M 6.60M 7.04M

Valuation Measures

Dec 2021
PER11.37
ROA1.68%
ROE5.12%
Operating margin0.48%
Profit margin0.46%

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

  • KIMURA RYO /KITOKU SHINRYO/ (6.3%)
  • Japan Agricultural Cooperatives Group (5.6%)
  • Kitoku Shinryo Co., Ltd. (5.0%)
  • Hamada Seibaku KK (4.8%)
  • Shinmei Holdings Co., Ltd. (4.6%)
  • Daiwa Sangyo Co., Ltd. (4.1%)
  • Mitsubishi UFJ Financial Group, Inc. (3.5%)
  • Kitoku Shinryo Employee Stock Ownership Plan (2.5%)
  • Sumitomo Mitsui Financial Group, Inc. (2.1%)
  • Yamae Group Holdings Co., Ltd. (1.7%)

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 6 Dec, 2022

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