Consumer Non-Durables

Kyokuyo Co., Ltd.

Business Summary

Kyokuyo Co., Ltd. engages in the production, processing, and sale of marine food products. Its operations are carried out through the following segments: Marine Products Purchasing, Frozen Foods, Non-Frozen Foods, Logistics, Tuna, and Others. The Marine Products Purchasing segment purchases and sells seafood products. The Frozen Foods segment sells raw and cooked-frozen seafood products. The Non-Frozen Foods segment produces and supplies canned seafood products such as salmon and mackerel. The Logistics segment handles the marine transportation services through refrigerated warehousing and refrigerated carriers. The Tuna segment engages in the fishing, farming, production, processing, and sale of tuna. The Others segment includes the software development and insurance agency businesses. The company was founded on September 3, 1937 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	253,575M	2,256.55M
Gross Profit	28,017M	249.32M
Operating income	6,395M	56.90M
Income before tax	6,725M	59.84M
Net income	4,634M	41.23M
EBITDA	8,230M	73.23M
Diluted EPS	430.78	3.83
Dividends Per Share	90	0.80
Total Assets	132,085M	1,088.23M
Total liabilities	89,905M	740.72M
Total equity	42,704M	351.83M
Operating cash flow	-1,128M	-10.03M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	254,783M	256,151M	262,519M	249,197M	253,575M
Gross Profit	23,603M	23,705M	24,245M	25,577M	28,017M
Operating income	4,121M	3,832M	2,919M	4,671M	6,395M
Income before tax	4,552M	3,989M	3,012M	5,621M	6,725M
Net income	3,211M	2,914M	2,036M	3,837M	4,634M
EBITDA	5,957M	5,725M	4,823M	6,614M	8,230M
Diluted EPS	283.40	261.04	188.50	356.92	430.78
Dividends Per Share	60	70	70	80	90
Total Assets	106,297M	114,673M	111,619M	118,644M	132,085M
Total liabilities	77,050M	82,674M	79,023M	78,665M	89,905M
Total equity	28,890M	31,822M	32,718M	40,382M	42,704M
Operating cash flow	3,201M	-4,118M	9,410M	5,997M	-1,128M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,298.81M	2,309.85M	2,414.50M	2,349.64M	2,256.55M
Gross Profit	212.96M	213.76M	222.99M	241.16M	249.32M
Operating income	37.18M	34.55M	26.84M	44.04M	56.90M
Income before tax	41.07M	35.97M	27.70M	52.99M	59.84M
Net income	28.97M	26.27M	18.72M	36.17M	41.23M
EBITDA	53.74M	51.62M	44.35M	62.36M	73.23M
Diluted EPS	2.55	2.35	1.73	3.36	3.83
Dividends Per Share	0.54	0.63	0.64	0.75	0.80
Total Assets	999.50M	1,036.03M	1,033.94M	1,073.70M	1,088.23M
Total liabilities	724.49M	746.93M	731.99M	711.90M	740.72M
Total equity	271.65M	287.50M	303.07M	365.44M	351.83M
Operating cash flow	28.88M	-37.13M	86.54M	56.54M	-10.03M

Valuation Measures

Mar 2022
PER	7.72
ROA	3.69%
ROE	11.15%
Operating margin	2.52%
Profit margin	1.82%

Key executives

President & Representative Director: Makoto Inoue
Director & Manager-Osaka Branch: Yasuyuki Sobajima
Director & Manager-Room Temperature Food: Keizo Yamaguchi
MD & Manager-Second Fisheries Processing: Shigeru Kondo
Director & Manager-General Affairs: Tadayuki Nishimura

Shareholders

Resona Holdings, Inc. (4.7%)
Japan Agricultural Cooperatives Group (4.0%)
Toyo Seikan Group Holdings Ltd. (2.8%)
Nomura Asset Management Co., Ltd. (2.8%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.6%)
MS&AD Insurance Group Holdings, Inc. (2.2%)
The Vanguard Group, Inc. (2.2%)
Tokio Marine Holdings, Inc. (2.0%)
Dimensional Fund Advisors LP (1.6%)
Kyokuyo Co., Ltd. (1.4%)

Contact Details

Website:http://www.kyokuyo.co.jp
Address: Sumitomo Seimei Sanno Building, 3-3-5 Akasaka, Tokyo, 107-0052, Japan
Phone: +81.3.5545.0701

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Competitors

Last Updated on 27 Mar, 2023