Wel-Dish.Incorporated logo

Wel-Dish.Incorporated

2901.T

JPXConsumer CyclicalSpecialty Retail

Latest quote

¥163

+¥3.00 · +1.88%

Aug 24, 11:30 AM JST

2901.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Founded in 1951 and based in Tokyo, Japan, Wel-Dish.Incorporated is a diverse company primarily engaged in the development, manufacturing, importation, and sale of a broad spectrum of products, mainly within the Japanese market. Its extensive food and beverage portfolio includes various teas such as barley, oolong, and decaffeinated varieties, along with beef jerky, other general foodstuffs, ready meals, and health-focused foods. The company also supplies dry ingredients for commercial use and cosmetic raw materials. Beyond edibles, Wel-Dish offers a wide array of goods spanning bathing, flooring, clothing, and sanitation products, as well as walking aids, home equipment, housing renovation materials, facility supplies, nursing robotics, and other life support solutions. Additionally, it provides contract manufacturing services for OEM products. The company was previously known as Ishigaki Foods Co.,Ltd. before officially changing its name to Wel-Dish.Incorporated in June 2024.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
JP
CEO
Shuhei Komatsu
Listed since
Jan 4, 2000
Employees
51

Market position

Day range

Current ¥163

52-week range

Current ¥163

Open
¥163
Previous close
¥160
Volume
86.8K
0.28× average
Average volume
308.46K
Average daily volume
Market cap
3.12B JPY
Beta
-0.69
Market reference 1
50-day average
¥181.28
-10.08% below average
200-day average
¥320.83
-49.19% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
11.97B JPY
P/E (TTM)
22.02×
P/B (TTM)
0.68×
P/S (TTM)
1.03×
EV / EBITDA
24.57×
Earnings yield
3.58%
Free cash flow yield
0.04%
Dividend yield
2.15%

Profitability & efficiency

Gross margin
23.97%
Operating margin
6.61%
Net margin
4.71%
Return on equity
13.19%
Return on assets
10.47%
Return on invested capital
5.04%

Financial health

Debt / equity
0.13×
Current ratio
2.22×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends39%18%-2%-23%Gross margin, FY2020: 33.31%Gross margin, FY2021: 32.80%Gross margin, FY2022: 27.59%Gross margin, FY2023: 31.95%Gross margin, FY2024: 33.49%Operating margin, FY2020: -3.37%Operating margin, FY2021: -4.41%Operating margin, FY2022: -4.49%Operating margin, FY2023: -6.03%Operating margin, FY2024: 10.16%Net margin, FY2020: -3.88%Net margin, FY2021: -6.56%Net margin, FY2022: -3.87%Net margin, FY2023: -17.45%Net margin, FY2024: 21.86%FY2020FY2021FY2022FY2023FY2024
Gross margin FY2020 33.31%. Gross margin FY2021 32.80%. Gross margin FY2022 27.59%. Gross margin FY2023 31.95%. Gross margin FY2024 33.49%. Operating margin FY2020 -3.37%. Operating margin FY2021 -4.41%. Operating margin FY2022 -4.49%. Operating margin FY2023 -6.03%. Operating margin FY2024 10.16%. Net margin FY2020 -3.88%. Net margin FY2021 -6.56%. Net margin FY2022 -3.87%. Net margin FY2023 -17.45%. Net margin FY2024 21.86%.

Income trends

Revenue

1.97B JPY-2.04%

Operating income

200.55M JPY+322.12M JPY

Net income

431.59M JPY+783.21M JPY
Income trends across reported periods3.31B JPY1.98B JPY646.47M JPY−684.31M JPYRevenue, FY2020: 2.8B JPYRevenue, FY2021: 2.41B JPYRevenue, FY2022: 2.98B JPYRevenue, FY2023: 2.02B JPYRevenue, FY2024: 1.97B JPYOperating income, FY2020: −94.37M JPYOperating income, FY2021: −106.44M JPYOperating income, FY2022: −133.47M JPYOperating income, FY2023: −121.57M JPYOperating income, FY2024: 200.55M JPYNet income, FY2020: −108.5M JPYNet income, FY2021: −158.18M JPYNet income, FY2022: −115.25M JPYNet income, FY2023: −351.61M JPYNet income, FY2024: 431.59M JPYFY2020FY2021FY2022FY2023FY2024
Revenue FY2020 2.8B JPY. Revenue FY2021 2.41B JPY. Revenue FY2022 2.98B JPY. Revenue FY2023 2.02B JPY. Revenue FY2024 1.97B JPY. Operating income FY2020 −94.37M JPY. Operating income FY2021 −106.44M JPY. Operating income FY2022 −133.47M JPY. Operating income FY2023 −121.57M JPY. Operating income FY2024 200.55M JPY. Net income FY2020 −108.5M JPY. Net income FY2021 −158.18M JPY. Net income FY2022 −115.25M JPY. Net income FY2023 −351.61M JPY. Net income FY2024 431.59M JPY.
Metric (JPY)FY2024FY2023FY2022FY2021FY2020
Revenue1.97B JPY2.02B JPY2.98B JPY2.41B JPY2.8B JPY
Cost of goods sold1.31B JPY1.37B JPY2.15B JPY1.62B JPY1.87B JPY
Gross profit661.3M JPY643.96M JPY821M JPY791.12M JPY932.16M JPY
Research and development12.41M JPY5M JPY4M JPY10.1M JPY9.42M JPY
Selling, general, and administrative460.74M JPY765M JPY954M JPY897M JPY1.08B JPY
Operating expenses460.74M JPY765.53M JPY954.47M JPY897.56M JPY1.03B JPY
Interest income5.44M JPY10K JPY23K JPY41K JPY9K JPY
Interest expense5.96M JPY7.17M JPY8.36M JPY8.46M JPY9.63M JPY
Depreciation and amortization36.2M JPY7.33M JPY2.06M JPY1.31M JPY2.75M JPY
Operating income200.55M JPY−121.57M JPY−133.47M JPY−106.44M JPY−94.37M JPY
Net income431.59M JPY−351.61M JPY−115.25M JPY−158.18M JPY−108.5M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.88

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates18.2410.743.24-4.26Q1 '24Q3 '24Q4 '24Q1 '25Q2 '25Q4 '25Q1 '26Q2 '26
Q1 2024, reported Feb 13, 2024: actual -2.71, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 9, 2024: actual -0.29, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 12, 2024: actual 16.69, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 0.93, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 4.63, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 14, 2025: actual 0.37, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 14, 2026: actual -0.019, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 14, 2026: actual 0.88, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates892.5M716.53M540.56M364.59MQ1 '24Q3 '24Q4 '24Q1 '25Q2 '25Q4 '25Q1 '26Q2 '26
Q1 2024, reported Feb 13, 2024: actual 529M JPY, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 9, 2024: actual 612M JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 12, 2024: actual 401M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 424M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 537M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 14, 2025: actual 448M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 14, 2026: actual 856.09M JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 14, 2026: actual 784.36M JPY, estimate —, surprise —, Comparison unavailable.

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