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Iwatsuka Confectionery Co., Ltd. logo

Iwatsuka Confectionery Co., Ltd.

2221.T

JPXConsumer DefensiveFood Confectioners

Open in GoAI

Latest quote

¥3,060

+¥10.00 · +0.33%

Aug 24, 3:30 PM JST

2221.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Based in Nagaoka, Japan, Iwatsuka Confectionery Co., Ltd. has been manufacturing and selling various rice crackers throughout Japan since its founding in 1947. The company's product offerings include an assortment of rice-based snacks, such as varieties flavored with black soybean, vegetable crackers incorporating ingredients like carrot, cabbage, and spinach, and savory fish crackers made with local sardine powder and carrot. Additionally, they produce easily dissolvable crackers and classic options seasoned with soy sauce, roasted salt, or a sweet sugar glaze. The firm was originally known as Iwatsuka Nosan Kakojo Co., Ltd. before changing its name to Iwatsuka Confectionery Co., Ltd. in 1960.

Industry
Food Confectioners
Sector
Consumer Defensive
Headquarters
JP
CEO
Haruo Maki
Listed since
Jan 7, 2000
Employees
844

Market position

Day range

Current ¥3,060

52-week range

Current ¥3,060

Open
¥3,055
Previous close
¥3,050
Volume
5.6K
1.89× average
Average volume
2.96K
Average daily volume
Market cap
31.39B JPY
Beta
0.16
Market reference 1
50-day average
¥3,061.5
-0.05% below average
200-day average
¥3,099.5
-1.27% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
30.11B JPY
P/E (TTM)
17.69×
P/B (TTM)
0.53×
P/S (TTM)
1.07×
EV / EBITDA
11.64×
Earnings yield
6.18%
Free cash flow yield
0.20%
Dividend yield
1.05%

Profitability & efficiency

Gross margin
24.49%
Operating margin
1.82%
Net margin
6.06%
Return on equity
2.91%
Return on assets
2.18%
Return on invested capital
0.69%

Financial health

Debt / equity
0.01×
Current ratio
2.61×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%19%7%-5%Gross margin, FY2021: 23.16%Gross margin, FY2022: 22.41%Gross margin, FY2023: 25.82%Gross margin, FY2024: 27.48%Gross margin, FY2025: 25.39%Operating margin, FY2021: -1.95%Operating margin, FY2022: -1.05%Operating margin, FY2023: 2.72%Operating margin, FY2024: 3.27%Operating margin, FY2025: 3.00%Net margin, FY2021: 4.59%Net margin, FY2022: 19.48%Net margin, FY2023: 8.90%Net margin, FY2024: 11.66%Net margin, FY2025: 7.04%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.16%. Gross margin FY2022 22.41%. Gross margin FY2023 25.82%. Gross margin FY2024 27.48%. Gross margin FY2025 25.39%. Operating margin FY2021 -1.95%. Operating margin FY2022 -1.05%. Operating margin FY2023 2.72%. Operating margin FY2024 3.27%. Operating margin FY2025 3.00%. Net margin FY2021 4.59%. Net margin FY2022 19.48%. Net margin FY2023 8.90%. Net margin FY2024 11.66%. Net margin FY2025 7.04%.

Income trends

Revenue

28.85B JPY+15.61%

Operating income

865.07M JPY+6.11%

Net income

2.03B JPY-30.14%
Income trends across reported periods31.77B JPY20.09B JPY8.41B JPY−3.27B JPYRevenue, FY2021: 18.04B JPYRevenue, FY2022: 20.39B JPYRevenue, FY2023: 22B JPYRevenue, FY2024: 24.95B JPYRevenue, FY2025: 28.85B JPYOperating income, FY2021: −351.73M JPYOperating income, FY2022: −213.56M JPYOperating income, FY2023: 598.49M JPYOperating income, FY2024: 815.22M JPYOperating income, FY2025: 865.07M JPYNet income, FY2021: 828.07M JPYNet income, FY2022: 3.97B JPYNet income, FY2023: 1.96B JPYNet income, FY2024: 2.91B JPYNet income, FY2025: 2.03B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.04B JPY. Revenue FY2022 20.39B JPY. Revenue FY2023 22B JPY. Revenue FY2024 24.95B JPY. Revenue FY2025 28.85B JPY. Operating income FY2021 −351.73M JPY. Operating income FY2022 −213.56M JPY. Operating income FY2023 598.49M JPY. Operating income FY2024 815.22M JPY. Operating income FY2025 865.07M JPY. Net income FY2021 828.07M JPY. Net income FY2022 3.97B JPY. Net income FY2023 1.96B JPY. Net income FY2024 2.91B JPY. Net income FY2025 2.03B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue28.85B JPY24.95B JPY22B JPY20.39B JPY18.04B JPY
Cost of goods sold21.52B JPY18.1B JPY16.32B JPY15.82B JPY13.86B JPY
Gross profit7.33B JPY6.86B JPY5.68B JPY4.57B JPY4.18B JPY
Research and development—314.41M JPY300.77M JPY292.79M JPY282.39M JPY
Selling, general, and administrative6.46B JPY5.73B JPY4.78B JPY4.49B JPY4.23B JPY
Operating expenses6.46B JPY6.04B JPY5.08B JPY4.78B JPY4.53B JPY
Interest income5.32M JPY2.16M JPY47.58M JPY55.27M JPY43.7M JPY
Interest expense3.26M JPY5.68M JPY5.4M JPY7.93M JPY10.61M JPY
Depreciation and amortization1.72B JPY1.58B JPY1.44B JPY1.36B JPY1.29B JPY
Operating income865.07M JPY815.22M JPY598.49M JPY−213.56M JPY−351.73M JPY
Net income2.03B JPY2.91B JPY1.96B JPY3.97B JPY828.07M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.97

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates212.72135.8959.05-17.78Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 11, 2024: actual 196.82, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 29.72, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 22.11, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 26, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 119.37, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 54.13, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual -1.88, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 0.97, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates8.66B7.54B6.43B5.32BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 11, 2024: actual 5.65B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 7.11B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 6.24B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 7.12B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 6.46B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 8.33B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 6.94B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 7.52B JPY, estimate —, surprise —, Comparison unavailable.

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ETFs holding 2221.T

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

Avantis International Small Cap Equity ETF logoAvantis International Small Cap Equity ETFAVDS
Market value
1.91K
Weight
—
AUM
340.61M USD
Expense ratio
0.30%
Price / 1D
$80.49+0.93%

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