Nippon Beet Sugar Manufacturing Co.,Ltd. logo

Nippon Beet Sugar Manufacturing Co.,Ltd.

2108.T

JPXConsumer DefensiveFood Confectioners

Latest quote

¥5,880

+¥70.00 · +1.20%

Aug 24, 1:20 PM JST

2108.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nippon Beet Sugar Manufacturing Co., Ltd. operates as a Japanese enterprise engaged in the development and distribution of a diverse range of functional products. Its primary offerings include various sugar and sweetening agents, such as beet sugar, refined sugar, and liquid sweeteners, in addition to different forms of molasses. The company also supplies an assortment of yeast products, encompassing raw, dry, instant dry, and medicinal varieties. Furthermore, it produces specialized ingredients like oligosaccharides and betaine, alongside feed for both dairy and beef livestock. Beyond food and agricultural inputs, Nippon Beet Sugar is involved in manufacturing and distributing horticultural and planting supplies, including paper pots for plants, paper cylinders, beet seedlings, sugar beet seeds, and soil amendments like adjusted peats and fir light. Diversifying its operations, the firm also manages real estate leases and markets agricultural equipment. Established in 1919, its corporate headquarters are situated in Tokyo, Japan.

Industry
Food Confectioners
Sector
Consumer Defensive
Headquarters
JP
CEO
Shu Ishiguri
Listed since
Jan 1, 2001
Employees
771

Market position

Day range

Current ¥5,880

52-week range

Current ¥5,880

Open
¥5,980
Previous close
¥5,810
Volume
57.7K
2.13× average
Average volume
27.06K
Average daily volume
Market cap
69.18B JPY
Beta
0.29
Market reference 1
50-day average
¥4,924.8
+19.40% above average
200-day average
¥4,232.4
+38.93% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
49.18B JPY
P/E (TTM)
13.88×
P/B (TTM)
0.92×
P/S (TTM)
1.03×
EV / EBITDA
20.8×
Earnings yield
10.02%
Free cash flow yield
2.50%
Dividend yield
2.72%

Profitability & efficiency

Gross margin
21.18%
Operating margin
0.57%
Net margin
7.74%
Return on equity
6.49%
Return on assets
5.15%
Return on invested capital
0.04%

Financial health

Debt / equity
Current ratio
4.2×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%18%8%-3%Gross margin, FY2021: 25.84%Gross margin, FY2022: 23.03%Gross margin, FY2023: 19.64%Gross margin, FY2024: 20.13%Gross margin, FY2025: 20.29%Operating margin, FY2021: 3.81%Operating margin, FY2022: 2.32%Operating margin, FY2023: 1.32%Operating margin, FY2024: 0.83%Operating margin, FY2025: 0.08%Net margin, FY2021: 3.38%Net margin, FY2022: 1.94%Net margin, FY2023: 2.61%Net margin, FY2024: 4.17%Net margin, FY2025: 7.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.84%. Gross margin FY2022 23.03%. Gross margin FY2023 19.64%. Gross margin FY2024 20.13%. Gross margin FY2025 20.29%. Operating margin FY2021 3.81%. Operating margin FY2022 2.32%. Operating margin FY2023 1.32%. Operating margin FY2024 0.83%. Operating margin FY2025 0.08%. Net margin FY2021 3.38%. Net margin FY2022 1.94%. Net margin FY2023 2.61%. Net margin FY2024 4.17%. Net margin FY2025 7.33%.

Income trends

Revenue

68.7B JPY+6.02%

Operating income

52M JPY-90.32%

Net income

5.03B JPY+86.16%
Income trends across reported periods76.22B JPY48.52B JPY20.83B JPY−6.87B JPYRevenue, FY2021: 58.49B JPYRevenue, FY2022: 65.01B JPYRevenue, FY2023: 69.3B JPYRevenue, FY2024: 64.8B JPYRevenue, FY2025: 68.7B JPYOperating income, FY2021: 2.23B JPYOperating income, FY2022: 1.51B JPYOperating income, FY2023: 912M JPYOperating income, FY2024: 537M JPYOperating income, FY2025: 52M JPYNet income, FY2021: 1.98B JPYNet income, FY2022: 1.26B JPYNet income, FY2023: 1.81B JPYNet income, FY2024: 2.7B JPYNet income, FY2025: 5.03B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 58.49B JPY. Revenue FY2022 65.01B JPY. Revenue FY2023 69.3B JPY. Revenue FY2024 64.8B JPY. Revenue FY2025 68.7B JPY. Operating income FY2021 2.23B JPY. Operating income FY2022 1.51B JPY. Operating income FY2023 912M JPY. Operating income FY2024 537M JPY. Operating income FY2025 52M JPY. Net income FY2021 1.98B JPY. Net income FY2022 1.26B JPY. Net income FY2023 1.81B JPY. Net income FY2024 2.7B JPY. Net income FY2025 5.03B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue68.7B JPY64.8B JPY69.3B JPY65.01B JPY58.49B JPY
Cost of goods sold54.76B JPY51.75B JPY55.69B JPY50.04B JPY43.38B JPY
Gross profit13.94B JPY13.04B JPY13.61B JPY14.98B JPY15.12B JPY
Research and development533M JPY557M JPY581M JPY628M JPY644M JPY
Selling, general, and administrative13.67B JPY11.95B JPY12.12B JPY12.84B JPY12.24B JPY
Operating expenses13.89B JPY12.51B JPY12.7B JPY13.47B JPY12.89B JPY
Interest income27M JPY8M JPY1M JPY
Interest expense97M JPY81M JPY103M JPY123M JPY117M JPY
Depreciation and amortization2.31B JPY2.51B JPY2.62B JPY2.38B JPY2.41B JPY
Operating income52M JPY537M JPY912M JPY1.51B JPY2.23B JPY
Net income5.03B JPY2.7B JPY1.81B JPY1.26B JPY1.98B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
27.71

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates407.53196.66-14.21-225.08Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 0.08, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual -62.72, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual -181.45, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 13.47, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 82.12, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual -48.64, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 363.9, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 27.71, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates19B17.18B15.36B13.54BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 14.27B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 17.44B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 18.18B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 17.17B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 15.81B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 18.27B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 17.45B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 15.62B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 28, 2016

1:10

2108.T peers

ETFs holding 2108.T

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 2108.T

research.disclaimer