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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 supplies instant noodles in Japan. The Frozen and Refrigerated Foods manufactures and sells frozen and chilled food. The Processed Foods segment offers 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 2021 JPYUSD
Revenue417,511M3,936.65M
Gross Profit164,449M1,550.56M
Operating income36,460M343.77M
Income before tax38,909M366.86M
Net income29,070M274.09M
EBITDA51,469M485.29M
Diluted EPS284.642.68
Dividends Per Share900.84
Total Assets426,071M3,855.84M
Total liabilities82,749M748.85M
Total equity331,459M2,999.62M
Operating cash flow47,783M450.53M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 382,678M 388,797M 401,064M 416,031M 417,511M
Gross Profit 144,024M 145,872M 145,509M 153,299M 164,449M
Operating income 29,153M 26,598M 23,435M 28,349M 36,460M
Income before tax 30,463M 27,287M 25,906M 32,600M 38,909M
Net income 20,837M 18,431M 18,439M 23,380M 29,070M
EBITDA 41,099M 38,899M 37,277M 43,129M 51,469M
Diluted EPS 204.03 180.46 180.53 228.91 284.64
Dividends Per Share 60 60 70 80 90
Total Assets 361,074M 371,842M 390,190M 402,608M 426,071M
Total liabilities 79,277M 80,958M 82,457M 84,612M 82,749M
Total equity 271,199M 279,907M 296,639M 306,649M 331,459M
Operating cash flow 33,644M 29,370M 31,028M 47,692M 47,783M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 3,533.90M 3,507.97M 3,616.62M 3,826.42M 3,936.65M
Gross Profit 1,330.01M 1,316.14M 1,312.13M 1,409.96M 1,550.56M
Operating income 269.21M 239.98M 211.32M 260.73M 343.77M
Income before tax 281.31M 246.20M 233.60M 299.83M 366.86M
Net income 192.42M 166.29M 166.27M 215.03M 274.09M
EBITDA 379.53M 350.97M 336.14M 396.67M 485.29M
Diluted EPS 1.88 1.62 1.62 2.10 2.68
Dividends Per Share 0.55 0.54 0.63 0.73 0.84
Total Assets 3,240.36M 3,496.39M 3,525.22M 3,729.40M 3,855.84M
Total liabilities 711.45M 761.24M 744.97M 783.77M 748.85M
Total equity 2,433.80M 2,631.94M 2,680.02M 2,840.52M 2,999.62M
Operating cash flow 310.69M 264.99M 279.79M 438.64M 450.53M

Valuation Measures

Mar 2021
PER16.33
ROA7.01%
ROE9.11%
Operating margin8.73%
Profit margin6.96%

Key executives

  • President & Representative Director: Masanari Imamura
  • Director & Manager-General Research: Ichiro Murayama
  • Director & Manager-General Affairs: Masahisa Mochizuki
  • Director & Manager-Chukyo Business: Hirokazu Yazaki
  • Director & Manager-Production Logistics: Tomohide Hayama

Shareholders

  • Toyo Suisan Kaisha, Ltd. (7.8%)
  • MFS International (UK) Ltd. (7.3%)
  • Nomura Asset Management Co., Ltd. (3.0%)
  • BlackRock Fund Advisors (2.9%)
  • Toyo Suisan Foundation (2.7%)
  • The Vanguard Group, Inc. (2.2%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • Sumitomo Mitsui Financial Group, Inc. (1.5%)
  • Toyo Suisan Kaisha Employee Stock Onwership Plan (1.5%)
  • Enomoto Buhei Shoten KK (1.4%)

Contact Details

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Competitors

  • Nichirei Corporation
  • Agro Tech Foods Limited
Last Updated on 26 Nov, 2021

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