Nichirei Corporation logo

Nichirei Corporation

2871.T

JPXConsumer DefensivePackaged Foods

Latest quote

¥2,167

−¥20.00 · -0.91%

Aug 24, 1:21 PM JST

2871.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Operating primarily within Japan, Nichirei Corporation is a diversified conglomerate with interests spanning several key sectors: food processing, seafood, meat and poultry, supply chain management, property development, and biosciences. Its extensive food product portfolio encompasses a variety of frozen meals, acerola-based items, packaged ice, value-added agricultural products, health-oriented wellness foods, and convenient retort-pouch offerings. The company's logistics division delivers comprehensive services, including temperature-controlled warehousing, transportation, delivery solutions, and expert supply chain consulting, in addition to manufacturing and distributing ice. Nichirei further diversifies through its real estate arm, which manages and leases office buildings and parking facilities, sells residential land, and provides construction and planning expertise. Its biosciences division focuses on cutting-edge cell biotechnology and developing functional materials. Established in 1942 and headquartered in Tokyo, this enterprise was initially known as Nippon Reizo Co. Ltd. before adopting its current name, Nichirei Corporation, in February of 1985.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
JP
CEO
Kazunori Shimamoto
Listed since
May 1, 1949
Employees
17,763

Market position

Day range

Current ¥2,167

52-week range

Current ¥2,167

Open
¥2,179
Previous close
¥2,187
Volume
450.6K
0.29× average
Average volume
1.54M
Average daily volume
Market cap
543.09B JPY
Beta
0.28
Market reference 1
50-day average
¥2,148.46
+0.86% above average
200-day average
¥1,978.79
+9.51% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
566.21B JPY
P/E (TTM)
18.99×
P/B (TTM)
1.89×
P/S (TTM)
0.7×
EV / EBITDA
8.71×
Earnings yield
5.54%
Free cash flow yield
3.76%
Dividend yield
2.17%

Profitability & efficiency

Gross margin
17.87%
Operating margin
4.98%
Net margin
3.69%
Return on equity
9.55%
Return on assets
4.90%
Return on invested capital
5.96%

Financial health

Debt / equity
0.53×
Current ratio
1.54×
Altman Z-score
3.44
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%14%8%2%Gross margin, FY2022: 16.96%Gross margin, FY2023: 16.44%Gross margin, FY2024: 17.67%Gross margin, FY2025: 17.98%Gross margin, FY2026: 18.04%Operating margin, FY2022: 5.21%Operating margin, FY2023: 4.97%Operating margin, FY2024: 5.43%Operating margin, FY2025: 5.46%Operating margin, FY2026: 5.45%Net margin, FY2022: 3.88%Net margin, FY2023: 3.26%Net margin, FY2024: 3.60%Net margin, FY2025: 3.52%Net margin, FY2026: 3.82%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 16.96%. Gross margin FY2023 16.44%. Gross margin FY2024 17.67%. Gross margin FY2025 17.98%. Gross margin FY2026 18.04%. Operating margin FY2022 5.21%. Operating margin FY2023 4.97%. Operating margin FY2024 5.43%. Operating margin FY2025 5.46%. Operating margin FY2026 5.45%. Net margin FY2022 3.88%. Net margin FY2023 3.26%. Net margin FY2024 3.60%. Net margin FY2025 3.52%. Net margin FY2026 3.82%.

Income trends

Revenue

716.14B JPY+2.00%

Operating income

39B JPY+1.79%

Net income

27.33B JPY+10.52%
Income trends across reported periods785.6B JPY507.77B JPY229.94B JPY−47.89B JPYRevenue, FY2022: 602.7B JPYRevenue, FY2023: 662.2B JPYRevenue, FY2024: 680.09B JPYRevenue, FY2025: 702.08B JPYRevenue, FY2026: 716.14B JPYOperating income, FY2022: 31.41B JPYOperating income, FY2023: 32.94B JPYOperating income, FY2024: 36.91B JPYOperating income, FY2025: 38.32B JPYOperating income, FY2026: 39B JPYNet income, FY2022: 23.38B JPYNet income, FY2023: 21.57B JPYNet income, FY2024: 24.5B JPYNet income, FY2025: 24.73B JPYNet income, FY2026: 27.33B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 602.7B JPY. Revenue FY2023 662.2B JPY. Revenue FY2024 680.09B JPY. Revenue FY2025 702.08B JPY. Revenue FY2026 716.14B JPY. Operating income FY2022 31.41B JPY. Operating income FY2023 32.94B JPY. Operating income FY2024 36.91B JPY. Operating income FY2025 38.32B JPY. Operating income FY2026 39B JPY. Net income FY2022 23.38B JPY. Net income FY2023 21.57B JPY. Net income FY2024 24.5B JPY. Net income FY2025 24.73B JPY. Net income FY2026 27.33B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue716.14B JPY702.08B JPY680.09B JPY662.2B JPY602.7B JPY
Cost of goods sold586.92B JPY575.85B JPY559.95B JPY553.33B JPY500.45B JPY
Gross profit129.22B JPY126.23B JPY120.15B JPY108.87B JPY102.25B JPY
Research and development1.97B JPY2.21B JPY1.97B JPY1.89B JPY1.94B JPY
Selling, general, and administrative88.25B JPY85.71B JPY81.27B JPY74.05B JPY68.9B JPY
Operating expenses90.22B JPY87.91B JPY83.23B JPY75.94B JPY70.84B JPY
Interest income604M JPY627M JPY385M JPY201M JPY106M JPY
Interest expense1.37B JPY1.15B JPY886M JPY787M JPY619M JPY
Depreciation and amortization22.09B JPY24.98B JPY24.82B JPY22.69B JPY21.37B JPY
Operating income39B JPY38.32B JPY36.91B JPY32.94B JPY31.41B JPY
Net income27.33B JPY24.73B JPY24.5B JPY21.57B JPY23.38B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
+22.04%
11 comparable reports
Latest EPS result
27.61
Estimate 28.93 · Miss by 4.56%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates68.9750.7132.4514.19Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 30.26, estimate 65.1, surprise -53.52%, Miss. Q2 2025, reported May 13, 2025: actual 16.69, estimate 21.64, surprise -22.87%, Miss. Q3 2025, reported Aug 5, 2025: actual 22.54, estimate 26.74, surprise -15.71%, Miss. Q4 2025, reported Nov 11, 2025: actual 33.93, estimate 28.54, surprise +18.89%, Beat. Q1 2026, reported Feb 3, 2026: actual 30.76, estimate 33.71, surprise -8.75%, Miss. Q2 2026, reported May 12, 2026: actual 21.84, estimate 26.9, surprise -18.81%, Miss. Q3 2026, reported Aug 7, 2026: actual 27.61, estimate 28.93, surprise -4.56%, Miss. Q4 2026, reported Nov 10, 2026: actual —, estimate 32.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates238.2B211.49B184.78B158.08BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 187.63B JPY, estimate 186.25B JPY, surprise +0.74%, Beat. Q2 2025, reported May 13, 2025: actual 167.24B JPY, estimate 170.13B JPY, surprise -1.70%, Miss. Q3 2025, reported Aug 5, 2025: actual 170.77B JPY, estimate 170.45B JPY, surprise +0.18%, Beat. Q4 2025, reported Nov 11, 2025: actual 176.94B JPY, estimate 174.27B JPY, surprise +1.54%, Beat. Q1 2026, reported Feb 3, 2026: actual 189.96B JPY, estimate 187.6B JPY, surprise +1.26%, Beat. Q2 2026, reported May 12, 2026: actual 178.48B JPY, estimate 170.37B JPY, surprise +4.76%, Beat. Q3 2026, reported Aug 7, 2026: actual 229.04B JPY, estimate 220.61B JPY, surprise +3.82%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 186.85B JPY, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Mar 28, 2025

2:1

Stock split

Effective Sep 28, 2016

1:2

2871.T peers

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

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