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Consumer Non-Durables

MEGMILK SNOW BRAND Co., Ltd.

Business Summary

MEGMILK SNOW BRAND Co., Ltd. engages in the manufacture and sale of cow's milk, milk products, and other food products. It operates through the following segments: Dairy Products, Beverages and Desserts, Feeds and Seeds, and Other. The Dairy Products segment provides milk powder, cheese, butter, margarine, and milk powder for infants. The Beverages and Desserts segment handles milks, fruit juices, yogurts, and desserts. The Feeds and Seeds segment offers cattle feeds, forage crop seeds, and vegetable seeds. The Other segment includes real estate leasing and joint delivery center businesses. The company was founded in 2009 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue615,186M5,800.49M
Gross Profit140,492M1,324.67M
Operating income19,781M186.51M
Income before tax21,156M199.47M
Net income14,914M140.62M
EBITDA35,787M337.43M
Diluted EPS220.622.08
Dividends Per Share400.37
Total Assets398,650M3,607.69M
Total liabilities200,389M1,813.47M
Total equity195,213M1,766.63M
Operating cash flow26,567M250.49M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 587,935M 596,158M 603,378M 613,405M 615,186M
Gross Profit 139,547M 141,714M 140,263M 140,664M 140,492M
Operating income 18,754M 19,363M 17,231M 17,999M 19,781M
Income before tax 17,866M 19,066M 15,273M 16,885M 21,156M
Net income 12,988M 13,386M 10,754M 12,165M 14,914M
EBITDA 33,894M 34,520M 33,132M 34,248M 35,787M
Diluted EPS 191.46 197.35 158.63 179.69 220.62
Dividends Per Share 40 40 40 40 40
Total Assets 341,507M 351,240M 359,445M 370,434M 398,650M
Total liabilities 196,018M 193,897M 190,657M 192,334M 200,389M
Total equity 143,179M 155,021M 166,295M 175,112M 195,213M
Operating cash flow 29,934M 22,817M 21,938M 24,322M 26,567M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 5,429.38M 5,378.91M 5,441.00M 5,641.76M 5,800.49M
Gross Profit 1,288.67M 1,278.63M 1,264.83M 1,293.75M 1,324.67M
Operating income 173.18M 174.70M 155.38M 165.54M 186.51M
Income before tax 164.98M 172.02M 137.72M 155.29M 199.47M
Net income 119.93M 120.77M 96.97M 111.88M 140.62M
EBITDA 313.00M 311.46M 298.77M 314.99M 337.43M
Diluted EPS 1.76 1.78 1.43 1.65 2.08
Dividends Per Share 0.36 0.36 0.36 0.36 0.37
Total Assets 3,064.76M 3,302.67M 3,247.45M 3,431.37M 3,607.69M
Total liabilities 1,759.11M 1,823.19M 1,722.51M 1,781.61M 1,813.47M
Total equity 1,284.92M 1,457.64M 1,502.41M 1,622.08M 1,766.63M
Operating cash flow 276.43M 205.86M 197.82M 223.70M 250.49M

Valuation Measures

Mar 2021
PER10.19
ROA3.87%
ROE8.05%
Operating margin3.21%
Profit margin2.42%

Key executives

  • President & Representative Director: Keiji Nishio
  • Managing Executive Officer & Head-Finance: Takao Nakajima
  • Managing Executive Officer, Head-R&D: Kohaku Kawasaki
  • Representative Director, VP, Head-Secretariat & HR: Hideki Motoi
  • Representative Director, VP & Head-Audit: Shigeru Nishibaba

Shareholders

  • Japan Agricultural Cooperatives Group (24.0%)
  • Marathon Asset Management Ltd. (6.0%)
  • ITOCHU Corp. Pension Fund (5.2%)
  • MEGMILK SNOW BRAND Co., Ltd. (4.3%)
  • Asset Management One Co., Ltd. (2.7%)
  • Nomura Asset Management Co., Ltd. (2.0%)
  • Megmilk Snow Brand Employee Stock Ownership Plan (1.6%)
  • Mitsubishi UFJ Financial Group, Inc. (1.5%)
  • The Vanguard Group, Inc. (1.4%)
  • Zenkoku Rakunogyo Koyodokumiai Rengokai (1.4%)

Contact Details

  • Website:http://www.meg-snow.com
  • Address: 13 Honshio-cho, Shinjuku-Ku, Tokyo, 160-8575, Japan
  • Phone: +81.3.6887.3690

Related Companies

  • Megmilk Snow Brand Board Benefit Trust
  • Belle Neige Direct Co., Ltd.
  • Udder Delights Australia Pty Ltd.
  • PT Megmilk Snow Brand Indonesia
  • Snow Brand Hong Kong Co. Ltd.
  • Snow Brand Trading (Shanghai) Co. Ltd.
  • Megmilk Snow Brand Employee Stock Ownership Plan
  • Megmilk Snow Brand Trust
  • Doto Feed Co. Ltd.
  • Cresco Corp.
  • Nichiraku Kikai KK
  • Yatsugatake Milk Co. Ltd.
  • Kohnan Oils & Fats MFG Co. Ltd.
  • Snow Brand Australia Pty Ltd.

Competitors

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