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Consumer Non-Durables

Maruha Nichiro Corp.

  • 2,700.00 JPY
  • -6.00
  • -0.22%
  • Japan
    Aug 23, 2019
  • Ticker
    TKS(1333)
  • Prev. close
    2,706
  • Market cap (JPY)
    142,489.60M
  • Market cap (USD)
    1,336.11M
  • Shares
    52.65M

Business Summary

Maruha Nichiro Corp. engages in the business of marine products, food processing, chemical foods, overseas joint ventures, fish breeding, livestock feedstuffs and others. It operates through the following segments: Fisheries and Aquaculture, Products, Overseas, Processed Foods, Logistics, and Others. The Fisheries and Aquaculture segment procures marine resources and handles fisheries and aquaculture. The Products segment sells seafood and livestock products. The Overseas segment processes marine materials to make frozen foods and canned foods at production bases in Thailand, China, and other countries and provides processed foods to the Japanese, American, European, and Asian markets. The Processed Foods segment manufactures and sells frozen and canned food, fish sausage, dried products, seasonings, pouch foods, dessert jellies,, fish sausage, and others. The Logistics segment handles transportation and storage of frozen goods. The Others segment includes feeds, shipping and real estate businesses. The company was founded on March 31, 1943 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue922,468M8,318.41M
Gross Profit123,850M1,116.82M
Operating income21,759M196.21M
Income before tax26,547M239.38M
Net income16,696M150.55M
EBITDA37,695M339.91M
Diluted EPS317.222.86
Dividends Per Share400.36
Total Assets520,318M4,700.89M
Total liabilities369,935M3,342.23M
Total equity125,354M1,132.52M
Operating cash flow16,366M147.58M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 863,784M 884,811M 873,295M 918,820M 922,468M
Gross Profit 107,374M 116,569M 126,341M 125,115M 123,850M
Operating income 8,686M 16,972M 26,308M 24,498M 21,759M
Income before tax 11,655M 12,433M 24,632M 26,711M 26,547M
Net income 7,219M 4,097M 15,446M 16,102M 16,696M
EBITDA 50,236M 59,126M 41,462M 40,368M 37,695M
Diluted EPS 137.05 77.83 293.44 305.93 317.22
Dividends Per Share 30 30 45 40 40
Total Assets 502,016M 485,973M 501,303M 516,607M 520,318M
Total liabilities 392,839M 380,307M 378,480M 376,556M 369,935M
Total equity 88,893M 85,197M 100,664M 115,460M 125,354M
Operating cash flow 17,203M 29,672M 25,843M 31,148M 16,366M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 7,862.84M 7,368.24M 8,064.59M 8,290.17M 8,318.41M
Gross Profit 977.40M 970.72M 1,166.71M 1,128.86M 1,116.82M
Operating income 79.06M 141.33M 242.94M 221.03M 196.21M
Income before tax 106.09M 103.53M 227.46M 241.00M 239.38M
Net income 65.71M 34.11M 142.63M 145.28M 150.55M
EBITDA 457.28M 492.37M 382.88M 364.22M 339.91M
Diluted EPS 1.24 0.64 2.70 2.76 2.86
Dividends Per Share 0.27 0.24 0.41 0.36 0.36
Total Assets 4,186.08M 4,323.79M 4,498.81M 4,857.61M 4,700.89M
Total liabilities 3,275.70M 3,383.66M 3,396.57M 3,540.72M 3,342.23M
Total equity 741.23M 758.01M 903.38M 1,085.66M 1,132.52M
Operating cash flow 156.59M 247.09M 238.65M 281.03M 147.58M

Valuation Measures

Mar 2019
PER12.48
ROA3.22%
ROE13.86%
Operating margin2.35%
Profit margin1.80%

Key executives

  • President & Representative Director: Shigeru Ito
  • Director, Head-Finance, Personnel & IR: Masaru Ikemi
  • Representative Director, EVP & Head-Marketing: Junichiro Yoneoka
  • Director & Senior Managing Executive Officer: Masayuki Nakajima
  • Director & Managing Executive Officer: Osamu Momiyama

Shareholders

  • Daitoh Trading Co., Ltd. (9.8%)
  • Nomura Asset Management Co., Ltd. (6.4%)
  • Asset Management One Co., Ltd. (4.3%)
  • Japan Agricultural Cooperatives Group (3.5%)
  • Mizuho Financial Group, Inc. (3.0%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (2.1%)
  • Tokio Marine Holdings, Inc. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.7%)
  • The Vanguard Group, Inc. (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.7%)

Contact Details

Related Companies

  • Maruha Nichiro Kitanippon, Inc.
  • Maruha Nichico Corp. (Dalian)
  • Maruha (Shanghai) Trading Corp.
  • Cixi Young-shin Foods Co. Ltd.
  • Yantai Riluda Foodstuffs Co. Ltd.
  • PT Alfa Kurnia Fish Enterprise
  • Taiyo Finance Europe Ltd.
  • Trans-Ocean Products, Inc.
  • Seafood Connection Holding BV
  • Daitoh Gyorui Co., Ltd.
  • Koh-Yo Marine Products Co., Ltd.
  • Alyeska Seafoods, Inc.
  • Taiyo Club Co., Ltd.
  • Taiyo A&F Co., Ltd.

Competitors

  • Charoen Pokphand Foods Public Co. Ltd.
  • Nippon Suisan Kaisha, Ltd.
  • Kyokuyo Co., Ltd.
  • Austevoll Seafood ASA
  • Mowi ASA
  • Thai Union Group Public Company Limited
  • Nichirei Corporation
  • Japan Tobacco Inc.
Last Updated on 23 Aug, 2019

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