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Process Industries

Nichirei Corp.

Business Summary

Nichirei Corp. operates as a holding company that engages in food-related businesses. It operates through the following segments: Processed Foods, Marine Products, Meat and Poultry, Logistics, Real Estate, and Others. The Processed Foods segment provides processed and frozen food items. The Marine Products segment offers seafood products. The Meat and Poultry procures and processes livestock commodities. The Logistics segment supports food transport and storage. The Real Estate segment manages the development and sale of residential units of group-owned properties. The Others segment handles bioscience business, personnel related business, greening management, and cleaning related services. The company was founded on December 1, 1945 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue584,858M5,379.20M
Gross Profit99,074M911.22M
Operating income31,036M285.45M
Income before tax29,792M274.01M
Net income19,610M180.36M
EBITDA49,391M454.27M
Diluted EPS147.151.35
Dividends Per Share420.38
Total Assets390,004M3,612.65M
Total liabilities198,611M1,839.75M
Total equity184,504M1,709.08M
Operating cash flow39,441M362.75M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 535,351M 539,657M 568,032M 580,141M 584,858M
Gross Profit 81,086M 91,141M 92,838M 93,215M 99,074M
Operating income 21,583M 29,310M 29,898M 29,511M 31,036M
Income before tax 20,600M 27,818M 29,237M 29,540M 29,792M
Net income 13,471M 18,752M 19,097M 19,944M 19,610M
EBITDA 38,254M 45,559M 46,250M 47,190M 49,391M
Diluted EPS 94.14 135.11 142.22 149.64 147.15
Dividends Per Share 24 28 30 32 42
Total Assets 340,186M 346,195M 371,167M 380,941M 390,004M
Total liabilities 184,663M 181,443M 201,482M 197,133M 198,611M
Total equity 150,442M 159,141M 162,729M 176,820M 184,504M
Operating cash flow 37,032M 40,828M 29,859M 31,311M 39,441M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,458.12M 4,983.55M 5,125.14M 5,231.45M 5,379.20M
Gross Profit 675.24M 841.65M 837.64M 840.57M 911.22M
Operating income 179.73M 270.66M 269.75M 266.11M 285.45M
Income before tax 171.54M 256.89M 263.79M 266.37M 274.01M
Net income 112.17M 173.16M 172.30M 179.84M 180.36M
EBITDA 318.55M 420.72M 417.29M 425.53M 454.27M
Diluted EPS 0.78 1.24 1.28 1.34 1.35
Dividends Per Share 0.19 0.25 0.27 0.28 0.38
Total Assets 3,026.70M 3,106.83M 3,490.05M 3,441.66M 3,612.65M
Total liabilities 1,642.98M 1,628.31M 1,894.51M 1,781.02M 1,839.75M
Total equity 1,338.51M 1,428.17M 1,530.12M 1,597.50M 1,709.08M
Operating cash flow 308.38M 377.03M 269.40M 282.34M 362.75M

Valuation Measures

Mar 2020
PER20.75
ROA5.08%
ROE10.85%
Operating margin5.30%
Profit margin3.35%

Key executives

  • President & Representative Director: Kenya Okushi
  • Director, Head-Legal Affairs & Public Relations: Takumi Taguchi
  • Director & Manager-Technology Strategy Planning: Junji Kawasaki
  • Director & Executive Officer: Yoshifumi Kaneko
  • Executive Officer & Manager-Administration: Tatsuo Udagawa

Shareholders

  • Nomura Asset Management Co., Ltd. (6.7%)
  • Asset Management One Co., Ltd. (5.0%)
  • Nichirei Corp. (4.8%)
  • Nippon Life Insurance Co. (4.1%)
  • Nikko Asset Management Co., Ltd. (2.7%)
  • Daiwa Asset Management Co. Ltd. (2.7%)
  • Mizuho Financial Group, Inc. (2.7%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.1%)

Contact Details

  • Website:http://www.nichirei.co.jp
  • Address: Nichirei Higashi-Ginza Building, 6-19-20 Tsukiji, Tokyo, 104-8402, Japan
  • Phone: +81.3.3248.2101

Related Companies

  • Nichirei Restricted Stock Compensation Plan
  • Ningbo Haitong Nichirei Foods Co. Ltd.
  • Rizhao Mei Leng Food Trading Co. Ltd.
  • Nichirei Suco Vietnam Co. Ltd.
  • Shandong Nichirei Foods Co. Ltd.
  • Nichirei Enterprise Management Consulting (Shanghai) Co. Ltd.
  • Nichirei Corporation Shanghai Ltd.
  • Nichirei Seafoods, Inc.
  • Entrepots Godfroy SAS
  • Nichirei Europe SA
  • Amazonas Industrias Alimenticias SA
  • Nichirei Carib Corp. NV
  • Nichirei do Brasil Agricola Ltda.
  • Eurofrigo Venlo BV
  • Nichirei Australia Pty. Ltd.
  • Nichirei Fresh Farm, Inc.
  • Nichirei Proserve, Inc.
  • New Housing KK
  • Logistics Network KK
  • Nichirei Logistics Hokkaido KK
  • Nichirei Logistic Tokai Co. Ltd.
  • Logistics Planner, Inc.
  • Sapporo Nichirei Service KK
  • Nichirei Logistics Kansai KK
  • Nichirei ICE KK
  • Kyokurei Corp.
  • Nichirei Logistics Kyushu, Inc.
  • Osaka Nichirei Service KK
  • Kyurei KK
  • Churei KK

Competitors

  • Maruha Nichiro Corp.
  • Toyo Suisan Kaisha, Ltd.
  • Hohsui Corporation
  • OUG Holdings Inc.
  • Yokohama Reito Co., Ltd.
  • Kamigumi Co., Ltd.
  • Nippon Suisan Kaisha, Ltd.
  • Chilled & Frozen Logistics Holdings Co., Ltd.
  • K.R.S.Corporation
  • Eimskipafelag Islands hf.
  • Konoike Transport Co., Ltd.
  • SENKO Group Holdings Co.Ltd.
  • Futaba Corp.
  • Japan Tobacco Inc.
Last Updated on 27 May, 2020

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