Showa Sangyo Co., Ltd. logo

Showa Sangyo Co., Ltd.

2004.T

JPXConsumer DefensivePackaged Foods

Latest quote

¥3,750

+¥5.00 · +0.13%

Aug 24, 3:30 PM JST

2004.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Showa Sangyo Co., Ltd., a diversified Japanese enterprise, specializes in the production, processing, and distribution of food products across various sectors. Its consumer goods division supplies a wide assortment of household food items, including cooking oils, wheat flour, an array of premixes (such as tempura batter and hotcake mixes), pasta, health-focused foods, and curated gift sets. The company's flour milling operations focus on manufacturing wheat flour and diverse premixed ingredients. Within its vegetable oils segment, Showa Sangyo produces a broad spectrum of cooking oils, ranging from refined soybean oils and salad oils to specialized blends for frying applications like tempura and donuts, alongside functional and premium healthy oils. This division also supplies industrial products such as soybean meals, soy proteins, and bulk premixes and pasta. The starches and sweeteners business creates cornstarch, modified starch, and a variety of corn-derived sweeteners including dextrose, high-fructose corn syrup, liquid and powdered corn syrup, dextrin, and isomalto-oligosaccharides. Furthermore, the animal feed unit provides feed for poultry, swine, cows, beef cattle, and aquaculture, while also supplying consumer egg packs, processed egg products, and fertilizers, as well as operating pig-fattening farms. Complementing its manufacturing, the company's warehousing services manage refrigerated and frozen storage facilities and offer freight transportation. Lastly, its real estate arm engages in the development of commercial properties and the leasing of office buildings, retail spaces, distribution centers, and land for business use. Founded in 1936, Showa Sangyo Co., Ltd. is headquartered in Tokyo, Japan.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
JP
CEO
Hideyuki Tsukagoshi
Listed since
Jan 1, 2001
Employees
2,927

Market position

Day range

Current ¥3,750

52-week range

Current ¥3,750

Open
¥3,770
Previous close
¥3,745
Volume
32.6K
0.53× average
Average volume
61.67K
Average daily volume
Market cap
121.86B JPY
Beta
0.05
Market reference 1
50-day average
¥3,468.6
+8.11% above average
200-day average
¥3,219.44
+16.48% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
148.6B JPY
P/E (TTM)
11.49×
P/B (TTM)
0.8×
P/S (TTM)
0.36×
EV / EBITDA
5.78×
Earnings yield
10.02%
Free cash flow yield
5.95%
Dividend yield
3.07%

Profitability & efficiency

Gross margin
17.74%
Operating margin
3.46%
Net margin
3.09%
Return on equity
7.11%
Return on assets
3.86%
Return on invested capital
3.81%

Financial health

Debt / equity
0.35×
Current ratio
1.4×
Altman Z-score
2.68
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%13%6%-0%Gross margin, FY2021: 16.06%Gross margin, FY2022: 13.59%Gross margin, FY2023: 16.42%Gross margin, FY2024: 17.07%Gross margin, FY2025: 17.83%Operating margin, FY2021: 1.93%Operating margin, FY2022: 1.25%Operating margin, FY2023: 3.80%Operating margin, FY2024: 3.31%Operating margin, FY2025: 3.56%Net margin, FY2021: 1.39%Net margin, FY2022: 2.32%Net margin, FY2023: 3.57%Net margin, FY2024: 3.47%Net margin, FY2025: 3.16%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.06%. Gross margin FY2022 13.59%. Gross margin FY2023 16.42%. Gross margin FY2024 17.07%. Gross margin FY2025 17.83%. Operating margin FY2021 1.93%. Operating margin FY2022 1.25%. Operating margin FY2023 3.80%. Operating margin FY2024 3.31%. Operating margin FY2025 3.56%. Net margin FY2021 1.39%. Net margin FY2022 2.32%. Net margin FY2023 3.57%. Net margin FY2024 3.47%. Net margin FY2025 3.16%.

Income trends

Revenue

335.41B JPY+0.30%

Operating income

11.94B JPY+7.73%

Net income

10.61B JPY-8.53%
Income trends across reported periods380.59B JPY243.65B JPY106.71B JPY−30.23B JPYRevenue, FY2021: 287.64B JPYRevenue, FY2022: 335.05B JPYRevenue, FY2023: 346.36B JPYRevenue, FY2024: 334.43B JPYRevenue, FY2025: 335.41B JPYOperating income, FY2021: 5.56B JPYOperating income, FY2022: 4.18B JPYOperating income, FY2023: 13.15B JPYOperating income, FY2024: 11.09B JPYOperating income, FY2025: 11.94B JPYNet income, FY2021: 4.01B JPYNet income, FY2022: 7.78B JPYNet income, FY2023: 12.36B JPYNet income, FY2024: 11.6B JPYNet income, FY2025: 10.61B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 287.64B JPY. Revenue FY2022 335.05B JPY. Revenue FY2023 346.36B JPY. Revenue FY2024 334.43B JPY. Revenue FY2025 335.41B JPY. Operating income FY2021 5.56B JPY. Operating income FY2022 4.18B JPY. Operating income FY2023 13.15B JPY. Operating income FY2024 11.09B JPY. Operating income FY2025 11.94B JPY. Net income FY2021 4.01B JPY. Net income FY2022 7.78B JPY. Net income FY2023 12.36B JPY. Net income FY2024 11.6B JPY. Net income FY2025 10.61B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue335.41B JPY334.43B JPY346.36B JPY335.05B JPY287.64B JPY
Cost of goods sold275.63B JPY277.34B JPY289.48B JPY289.51B JPY241.43B JPY
Gross profit59.79B JPY57.08B JPY56.88B JPY45.54B JPY46.2B JPY
Research and development2.72B JPY2.73B JPY2.64B JPY
Selling, general, and administrative47.85B JPY46B JPY42.64B JPY40.23B JPY39.4B JPY
Operating expenses47.85B JPY46B JPY43.73B JPY41.36B JPY40.64B JPY
Interest income64M JPY27M JPY4M JPY2M JPY2M JPY
Interest expense404M JPY300M JPY207M JPY214M JPY228M JPY
Depreciation and amortization10.34B JPY10.42B JPY10.21B JPY10.05B JPY10.13B JPY
Operating income11.94B JPY11.09B JPY13.15B JPY4.18B JPY5.56B JPY
Net income10.61B JPY11.6B JPY12.36B JPY7.78B JPY4.01B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
88.99

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates102.5379.1755.832.44Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 69.74, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 86.68, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 37.27, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 89.23, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 88.37, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 97.7, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 51.3, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 88.99, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates96.07B89.07B82.07B75.06BQ4 '24MissQ1 '25No estimateQ2 '25MissQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Nov 8, 2024: actual 82.65B JPY, estimate 85.93B JPY, surprise -3.81%, Miss. Q1 2025, reported Feb 7, 2025: actual 87.09B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 78.76B JPY, estimate 85.93B JPY, surprise -8.35%, Miss. Q3 2025, reported Aug 7, 2025: actual 84.65B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 82.05B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 87.82B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 80.89B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 92.38B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥110

2025 complete year+69.2% since 2021

2026 partial: ¥65.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥70.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥70.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥65.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 26, 2026

Dividend

Ex-dividend Sep 29, 2025

¥50.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 3, 2025

Dividend

Ex-dividend Mar 28, 2025

¥60.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Sep 27, 2024

¥40.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 5, 2024

2004.T peers

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