Yokorei Co.,Ltd. logo

Yokorei Co.,Ltd.

2874.T

JPXConsumer DefensiveFood Distribution

Latest quote

¥2,129

+¥27.00 · +1.28%

Aug 24, 3:30 PM JST

2874.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Headquartered in Yokohama, Japan, and established in 1948, Yokorei Co.,Ltd. is a prominent player in food distribution and refrigerated logistics, with operations spanning Japan and international markets. The company actively procures, processes, distributes, and exports a broad spectrum of marine products—such as scallops, salmon, octopus, and shrimp—serving a wide range of clients including wholesalers, food processors, major retailers, and the hospitality sector. Its product offerings extend to livestock, supplying pork, chicken, and beef to manufacturers, retail chains, and restaurants, as well as agricultural produce like potatoes, onions, and pumpkins for frozen food producers and eateries. Beyond food trading, Yokorei provides comprehensive cold storage and logistics outsourcing, covering customs clearance, warehousing, and delivery, supported by information technology and electronic data interchange services. The company also has interests in real estate leasing, freight and trucking, and the management of restaurants and coffee shops, alongside other ventures. Notably, the firm rebranded from Yokohama Reito Co.,Ltd. to Yokorei Co.,Ltd. in December 2021.

Industry
Food Distribution
Sector
Consumer Defensive
Headquarters
JP
CEO
Kenji Furuse
Listed since
Jan 1, 2001
Employees
1,804

Market position

52-week range

Current ¥2,129

Open
¥2,129
Previous close
¥2,102
Volume
0
0× average
Average volume
238.69K
Average daily volume
Market cap
125.93B JPY
Beta
0.27
Market reference 1
50-day average
¥2,065.28
+3.09% above average
200-day average
¥1,674.51
+27.14% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
176.43B JPY
P/E (TTM)
50.74×
P/B (TTM)
1.48×
P/S (TTM)
0.98×
EV / EBITDA
12.99×
Earnings yield
2.76%
Free cash flow yield
-11.30%
Dividend yield
1.17%

Profitability & efficiency

Gross margin
12.85%
Operating margin
5.21%
Net margin
1.93%
Return on equity
2.45%
Return on assets
0.93%
Return on invested capital
0.97%

Financial health

Debt / equity
1.27×
Current ratio
0.86×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends14%9%5%0%Gross margin, FY2021: 12.45%Gross margin, FY2022: 11.28%Gross margin, FY2023: 10.05%Gross margin, FY2024: 11.17%Gross margin, FY2025: 11.26%Operating margin, FY2021: 2.07%Operating margin, FY2022: 3.75%Operating margin, FY2023: 2.86%Operating margin, FY2024: 3.80%Operating margin, FY2025: 3.38%Net margin, FY2021: 3.25%Net margin, FY2022: 2.99%Net margin, FY2023: 2.25%Net margin, FY2024: 3.22%Net margin, FY2025: 1.58%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.45%. Gross margin FY2022 11.28%. Gross margin FY2023 10.05%. Gross margin FY2024 11.17%. Gross margin FY2025 11.26%. Operating margin FY2021 2.07%. Operating margin FY2022 3.75%. Operating margin FY2023 2.86%. Operating margin FY2024 3.80%. Operating margin FY2025 3.38%. Net margin FY2021 3.25%. Net margin FY2022 2.99%. Net margin FY2023 2.25%. Net margin FY2024 3.22%. Net margin FY2025 1.58%.

Income trends

Revenue

125.56B JPY+2.68%

Operating income

4.24B JPY-8.72%

Net income

1.98B JPY-49.68%
Income trends across reported periods137.96B JPY88.51B JPY39.06B JPY−10.38B JPYRevenue, FY2021: 110.78B JPYRevenue, FY2022: 110.76B JPYRevenue, FY2023: 125.6B JPYRevenue, FY2024: 122.28B JPYRevenue, FY2025: 125.56B JPYOperating income, FY2021: 2.29B JPYOperating income, FY2022: 4.16B JPYOperating income, FY2023: 3.59B JPYOperating income, FY2024: 4.65B JPYOperating income, FY2025: 4.24B JPYNet income, FY2021: 3.61B JPYNet income, FY2022: 3.32B JPYNet income, FY2023: 2.83B JPYNet income, FY2024: 3.93B JPYNet income, FY2025: 1.98B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 110.78B JPY. Revenue FY2022 110.76B JPY. Revenue FY2023 125.6B JPY. Revenue FY2024 122.28B JPY. Revenue FY2025 125.56B JPY. Operating income FY2021 2.29B JPY. Operating income FY2022 4.16B JPY. Operating income FY2023 3.59B JPY. Operating income FY2024 4.65B JPY. Operating income FY2025 4.24B JPY. Net income FY2021 3.61B JPY. Net income FY2022 3.32B JPY. Net income FY2023 2.83B JPY. Net income FY2024 3.93B JPY. Net income FY2025 1.98B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue125.56B JPY122.28B JPY125.6B JPY110.76B JPY110.78B JPY
Cost of goods sold111.43B JPY108.62B JPY121.04B JPY102.67B JPY96.99B JPY
Gross profit14.14B JPY13.66B JPY12.63B JPY12.49B JPY13.8B JPY
Selling, general, and administrative9.89B JPY8.14B JPY8.57B JPY7.66B JPY10.32B JPY
Operating expenses9.89B JPY9.02B JPY9.04B JPY8.33B JPY11.23B JPY
Interest income440M JPY292M JPY307M JPY529M JPY610M JPY
Interest expense874M JPY549M JPY399M JPY359M JPY593M JPY
Depreciation and amortization8.26B JPY7.4B JPY6.62B JPY6.45B JPY7.22B JPY
Operating income4.24B JPY4.65B JPY3.59B JPY4.16B JPY2.29B JPY
Net income1.98B JPY3.93B JPY2.83B JPY3.32B JPY3.61B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-1.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates30.3717.614.86-7.89Q4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 5.91, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 2.27, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 26.06, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 10.49, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -5.26, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 20.51, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 27.73, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual -1.01, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates35.11B32.21B29.31B26.42BQ1 '25BeatQ2 '25MissQ3 '25MissQ3 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 33.76B JPY, estimate 30.02B JPY, surprise +12.45%, Beat. Q2 2025, reported May 15, 2025: actual 29.67B JPY, estimate 32.63B JPY, surprise -9.08%, Miss. Q3 2025, reported Aug 12, 2025: actual 31.84B JPY, estimate 32.75B JPY, surprise -2.76%, Miss. Q3 2025, reported Sep 30, 2025: actual 30.3B JPY, estimate 33.13B JPY, surprise -8.56%, Miss. Q1 2026, reported Feb 13, 2026: actual 33.33B JPY, estimate 32.2B JPY, surprise +3.52%, Beat. Q2 2026, reported May 15, 2026: actual 30.9B JPY, estimate 27.77B JPY, surprise +11.26%, Beat. Q3 2026, reported Aug 14, 2026: actual 33.65B JPY, estimate 32.22B JPY, surprise +4.46%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 30.1B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥24.00

2025 complete year+4.3% since 2021

2026 partial: ¥13.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥14.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

Dividend

Ex-dividend Mar 30, 2026

¥13.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 8, 2026

Dividend

Ex-dividend Sep 29, 2025

¥12.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 24, 2025

Dividend

Ex-dividend Mar 28, 2025

¥12.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 9, 2025

Dividend

Ex-dividend Sep 27, 2024

¥12.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 26, 2024

Dividend

Ex-dividend Mar 28, 2024

¥12.00

Annual

Record Mar 31, 2024 · Payment Jun 10, 2024

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