ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Consumer Non-Durables

Prima Meat Packers, Ltd.

Business Summary

Prima Meat Packers Ltd. engages in the manufacture and sale of ham sausage, meat, and processed food products. It operates through the following segments: Processed Food Products, Meat, and Others. The Processed Food Products segment deals with the manufacture and sale of ham sausages and other food products. The Meat segment focuses on the supply and sale of meat products. The Others segment includes information processing and product inspection businesses. The company was founded by Masanori Takegishi on September 1, 1931 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue419,591M3,733.92M
Gross Profit51,620M459.36M
Operating income12,967M115.39M
Income before tax15,106M134.42M
Net income9,719M86.48M
EBITDA23,606M210.06M
Diluted EPS193.391.72
Dividends Per Share650.57
Total Assets221,721M1,826.74M
Total liabilities99,149M816.88M
Total equity111,861M921.61M
Operating cash flow16,739M148.95M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 394,534M 413,023M 418,060M 433,572M 419,591M
Gross Profit 61,108M 62,757M 66,770M 73,405M 51,620M
Operating income 13,130M 13,169M 15,638M 21,476M 12,967M
Income before tax 14,790M 13,944M 15,338M 21,916M 15,106M
Net income 10,413M 8,287M 8,823M 14,165M 9,719M
EBITDA 21,726M 21,799M 25,477M 31,535M 23,606M
Diluted EPS 206.83 164.77 175.57 281.90 193.39
Dividends Per Share 50 60 60 85 65
Total Assets 189,751M 203,862M 198,530M 214,542M 221,721M
Total liabilities 100,474M 109,222M 98,391M 99,776M 99,149M
Total equity 81,180M 86,114M 90,573M 103,633M 111,861M
Operating cash flow 10,866M 23,786M 22,304M 27,248M 16,739M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 3,559.73M 3,724.46M 3,845.08M 4,088.08M 3,733.92M
Gross Profit 551.35M 565.91M 614.11M 692.12M 459.36M
Operating income 118.46M 118.75M 143.82M 202.49M 115.39M
Income before tax 133.44M 125.74M 141.07M 206.64M 134.42M
Net income 93.95M 74.72M 81.14M 133.55M 86.48M
EBITDA 196.02M 196.57M 234.32M 297.33M 210.06M
Diluted EPS 1.86 1.48 1.61 2.65 1.72
Dividends Per Share 0.45 0.54 0.55 0.80 0.57
Total Assets 1,784.21M 1,841.82M 1,839.00M 1,941.55M 1,826.74M
Total liabilities 944.74M 986.78M 911.40M 902.95M 816.88M
Total equity 763.32M 778.00M 838.98M 937.85M 921.61M
Operating cash flow 98.03M 214.49M 205.13M 256.91M 148.95M

Valuation Measures

Mar 2022
PER11.38
ROA4.45%
ROE9.02%
Operating margin3.09%
Profit margin2.31%

Key executives

  • President & Representative Director: Naoto Chiba
  • Executive Officer & Finance Manager: Shinichi Koga
  • Director, Head-Compliance & Legal Affairs: Hidefumi Suzuki
  • Executive Officer: Takumi Umehara
  • Senior Managing Executive Officer: Hisashi Sasaki

Shareholders

  • ITOCHU Corp. (45.4%)
  • Itochu-Shokuhin Co., Ltd. (4.4%)
  • Polaris Capital Management LLC (2.0%)
  • Nomura Asset Management Co., Ltd. (1.8%)
  • Takegishi Gakuen (1.8%)
  • Fidelity Management & Research Co. LLC (1.6%)
  • Sanshoku Co. Ltd. (1.5%)
  • The Vanguard Group, Inc. (1.5%)
  • Japan Agricultural Cooperatives Group (1.4%)
  • Schroder Investment Management (Japan) Ltd. (1.2%)

Contact Details

  • Website:http://www.primaham.co.jp
  • Address: Shinagawa Seaside West Tower, 4-12-2 Higashi-Shinagawa, Tokyo, 140-8529, Japan
  • Phone: +81.3.6386.1800

Related Companies

  • Excel Farm Ltd.
  • Clean Farm Co., Ltd.
  • Prima Environment Services Ltd.
  • Hokuriku Prima Meat Packers Ltd.
  • Primaham Meat Factory Co. Ltd.
  • Prima Management Service Co., Ltd.
  • Tsukuba Food Evaluation Center Co., Ltd.
  • Prima Logistics Co. Ltd.
  • Primaham Foods (Thailand) Co. Ltd.
  • Prima Meat Packers Board Benefit Trust
  • TMG International KK
  • Rudi's Fine Food Pte Ltd.
  • Prime Tech Ltd. (Japan)
  • Shandong Meihao Foods Co. Ltd.
  • Kangpu (Wujiang) Food Co., Ltd.
  • Hokkaido Prima Meat Packers Ltd.
  • Tacky Foods Co. Ltd.
  • Primaham (Thailand) Co. Ltd.
  • Nishi-Nippon Best Packers Co. Ltd.
  • Prima Meat Packers Pension Fund
  • Kansai Prima Meat Sales Co. Ltd.
  • Toei Foods Co. Ltd.
  • Promaruke KK
  • Shandong Good Foods Co., Ltd.
  • Prima Kankyo Service KK
  • Prima System Development Co. Ltd.
  • Kamifurano Kobo Co. Ltd.
  • Prime Delica Co. Ltd.
  • Prime Foods Co. Ltd.
  • Essen House Co. Ltd.

Competitors

    Last Updated on 29 Nov, 2022

    Discover the all new Nikkei Asia app

    • Take your reading anywhere with offline reading functions
    • Never miss a story with breaking news alerts
    • Customize your reading experience

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more