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Consumer Non-Durables

Toyo Suisan Kaisha, Ltd.

Business Summary

Toyo Suisan Kaisha, Ltd. engages in the food manufacturing business. It operates through the following segments: Seafood, Overseas Instant Noodles, Domestic Instant Noodles, Frozen and Refrigerated Foods, Processed Foods, Cold Storage, and Other. The Seafood segment processes and sells fresh seafood products. The Overseas Instant Noodles segment manufactures and sells instant noodles overseas. The Domestic Instant Noodles segment manufactures and sells instant noodles in Japan. The Frozen and Refrigerated Foods manufactures and sells frozen and chilled food. The Processed Foods segment manufactures and sells processed food excluding instant noodles, frozen, and chilled food. The Cold Storage segment freezes and stores food in cold warehouses. The Other segment includes packed lunches and deli food. The company was founded by Kazuo Mori on March 25, 1953 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue401,064M3,616.62M
Gross Profit145,509M1,312.13M
Operating income23,435M211.32M
Income before tax25,906M233.60M
Net income18,439M166.27M
EBITDA37,277M336.14M
Diluted EPS180.531.62
Dividends Per Share700.63
Total Assets390,190M3,525.22M
Total liabilities82,457M744.97M
Total equity296,639M2,680.02M
Operating cash flow31,028M279.79M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 381,259M 383,276M 382,678M 388,797M 401,064M
Gross Profit 135,567M 141,936M 144,024M 145,872M 145,509M
Operating income 25,075M 28,314M 29,153M 26,598M 23,435M
Income before tax 27,641M 28,805M 30,463M 27,287M 25,906M
Net income 16,901M 18,363M 20,837M 18,431M 18,439M
EBITDA 36,684M 39,540M 41,099M 38,899M 37,277M
Diluted EPS 165.48 179.80 204.03 180.46 180.53
Dividends Per Share 50 60 60 60 70
Total Assets 333,933M 345,396M 361,074M 371,842M 390,190M
Total liabilities 73,984M 79,196M 79,277M 80,958M 82,457M
Total equity 249,708M 255,430M 271,199M 279,907M 296,639M
Operating cash flow 32,641M 33,262M 33,644M 29,370M 31,028M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 3,470.51M 3,191.72M 3,533.90M 3,507.97M 3,616.62M
Gross Profit 1,234.03M 1,181.96M 1,330.01M 1,316.14M 1,312.13M
Operating income 228.25M 235.78M 269.21M 239.98M 211.32M
Income before tax 251.61M 239.87M 281.31M 246.20M 233.60M
Net income 153.84M 152.91M 192.42M 166.29M 166.27M
EBITDA 333.92M 329.26M 379.53M 350.97M 336.14M
Diluted EPS 1.50 1.49 1.88 1.62 1.62
Dividends Per Share 0.45 0.49 0.55 0.54 0.63
Total Assets 2,784.51M 3,073.05M 3,240.36M 3,496.39M 3,525.22M
Total liabilities 616.91M 704.62M 711.45M 761.24M 744.97M
Total equity 2,082.20M 2,272.60M 2,433.80M 2,631.94M 2,680.02M
Operating cash flow 297.12M 276.98M 310.69M 264.99M 279.79M

Valuation Measures

Mar 2019
PER23.34
ROA4.83%
ROE6.39%
Operating margin5.84%
Profit margin4.59%

Key executives

  • President & Representative Director: Masanari Imamura
  • CFO, Director & Manager-Internal Audit: Hiroshige Tsubaki
  • Auditor: Masaharu Oikawa
  • Director & Manager-General Research Institute: Rieko Makiya
  • Senior Managing Director & Manager-Tago Branch: Kazuo Yamamoto

Shareholders

  • MFS International (UK) Ltd. (7.9%)
  • Toyo Suisan Kaisha, Ltd. (7.8%)
  • Marathon Asset Management LLP (5.0%)
  • BlackRock Fund Advisors (4.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • Toyo Suisan Foundation (2.6%)
  • The Vanguard Group, Inc. (2.4%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Toyo Suisan Kaisha Employee Stock Onwership Plan (1.6%)
  • Sumitomo Mitsui Financial Group, Inc. (1.5%)

Contact Details

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Competitors

  • Nichirei Corporation
  • Nongshim Holdings Co., Ltd.
  • Nongshim Co., Ltd.
Last Updated on 1 Apr, 2020

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