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Okamura Foods Co., Ltd. logo

Okamura Foods Co., Ltd.

2938.T

JPXConsumer DefensiveAgricultural Farm Products

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Latest quote

¥1,293

+¥13.00 · +1.02%

Aug 24, 3:30 PM JST

2938.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Okamura Foods Co., Ltd. specializes in the cultivation, processing, and global distribution of salmon trout, serving both Japanese domestic and international markets. Their extensive product portfolio also encompasses a variety of processed seafood items, such as salmon roe, sujiko (salted salmon roe), herring roe, ready-to-use raw salmon for sushi, and cooked fish preparations including baked and boiled options. Additionally, the company is involved in the wholesale trade of general marine products. Established in 1971, Okamura Foods maintains its corporate headquarters in Aomori, Japan.

Industry
Agricultural Farm Products
Sector
Consumer Defensive
Headquarters
JP
CEO
Koichi Okamura
Listed since
Sep 27, 2023
Employees
806

Market position

Day range

Current ¥1,293

52-week range

Current ¥1,293

Open
¥1,283
Previous close
¥1,280
Volume
30.7K
0.27× average
Average volume
115.04K
Average daily volume
Market cap
64.98B JPY
Beta
1.16
Market reference 1
50-day average
¥1,318.4
-1.93% below average
200-day average
¥1,226.82
+5.39% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
91.26B JPY
P/E (TTM)
23.23×
P/B (TTM)
3.3×
P/S (TTM)
1.52×
EV / EBITDA
16.62×
Earnings yield
4.22%
Free cash flow yield
-16.66%
Dividend yield
0.62%

Profitability & efficiency

Gross margin
21.93%
Operating margin
9.07%
Net margin
6.51%
Return on equity
14.11%
Return on assets
4.59%
Return on invested capital
5.13%

Financial health

Debt / equity
1.55×
Current ratio
1.34×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%19%11%4%Gross margin, FY2021: 24.58%Gross margin, FY2022: 24.02%Gross margin, FY2023: 19.79%Gross margin, FY2024: 20.92%Gross margin, FY2025: 21.93%Operating margin, FY2021: 12.29%Operating margin, FY2022: 11.01%Operating margin, FY2023: 7.80%Operating margin, FY2024: 8.55%Operating margin, FY2025: 9.07%Net margin, FY2021: 9.33%Net margin, FY2022: 8.26%Net margin, FY2023: 6.02%Net margin, FY2024: 5.72%Net margin, FY2025: 6.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.58%. Gross margin FY2022 24.02%. Gross margin FY2023 19.79%. Gross margin FY2024 20.92%. Gross margin FY2025 21.93%. Operating margin FY2021 12.29%. Operating margin FY2022 11.01%. Operating margin FY2023 7.80%. Operating margin FY2024 8.55%. Operating margin FY2025 9.07%. Net margin FY2021 9.33%. Net margin FY2022 8.26%. Net margin FY2023 6.02%. Net margin FY2024 5.72%. Net margin FY2025 6.51%.

Income trends

Revenue

42.73B JPY+20.88%

Operating income

3.87B JPY+28.19%

Net income

2.78B JPY+37.72%
Income trends across reported periods46.8B JPY30.5B JPY14.2B JPY−2.11B JPYRevenue, FY2021: 24.1B JPYRevenue, FY2022: 28.94B JPYRevenue, FY2023: 32.67B JPYRevenue, FY2024: 35.35B JPYRevenue, FY2025: 42.73B JPYOperating income, FY2021: 2.96B JPYOperating income, FY2022: 3.19B JPYOperating income, FY2023: 2.55B JPYOperating income, FY2024: 3.02B JPYOperating income, FY2025: 3.87B JPYNet income, FY2021: 2.25B JPYNet income, FY2022: 2.39B JPYNet income, FY2023: 1.97B JPYNet income, FY2024: 2.02B JPYNet income, FY2025: 2.78B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 24.1B JPY. Revenue FY2022 28.94B JPY. Revenue FY2023 32.67B JPY. Revenue FY2024 35.35B JPY. Revenue FY2025 42.73B JPY. Operating income FY2021 2.96B JPY. Operating income FY2022 3.19B JPY. Operating income FY2023 2.55B JPY. Operating income FY2024 3.02B JPY. Operating income FY2025 3.87B JPY. Net income FY2021 2.25B JPY. Net income FY2022 2.39B JPY. Net income FY2023 1.97B JPY. Net income FY2024 2.02B JPY. Net income FY2025 2.78B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue42.73B JPY35.35B JPY32.67B JPY28.94B JPY24.1B JPY
Cost of goods sold33.36B JPY27.95B JPY26.2B JPY21.99B JPY18.18B JPY
Gross profit9.37B JPY7.4B JPY6.46B JPY6.95B JPY5.92B JPY
Selling, general, and administrative5.5B JPY4.37B JPY3.92B JPY3.76B JPY2.96B JPY
Operating expenses5.5B JPY4.37B JPY3.92B JPY3.76B JPY2.96B JPY
Interest income36M JPY28M JPY14M JPY5M JPY4M JPY
Interest expense479M JPY270M JPY199M JPY142M JPY107M JPY
Depreciation and amortization1.62B JPY1.39B JPY1.19B JPY898M JPY658M JPY
Operating income3.87B JPY3.02B JPY2.55B JPY3.19B JPY2.96B JPY
Net income2.78B JPY2.02B JPY1.97B JPY2.39B JPY2.25B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
13.34

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates20.3314.648.943.24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 19.11, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 3.81, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 9.65, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 8.78, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 17.48, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 11.57, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 13.26, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 13.34, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates14.56B12.05B9.53B7.02BQ4 '24BeatQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Beat
Q4 2024, reported Nov 14, 2024: actual 8.19B JPY, estimate 7.58B JPY, surprise +8.06%, Beat. Q1 2025, reported Feb 13, 2025: actual 8.89B JPY, estimate 9.12B JPY, surprise -2.49%, Miss. Q2 2025, reported May 14, 2025: actual 8.25B JPY, estimate 8.2B JPY, surprise +0.55%, Beat. Q3 2025, reported Aug 8, 2025: actual 10.02B JPY, estimate 11.07B JPY, surprise -9.53%, Miss. Q4 2025, reported Nov 14, 2025: actual 8.45B JPY, estimate 8.82B JPY, surprise -4.20%, Miss. Q1 2026, reported Feb 13, 2026: actual 10.33B JPY, estimate 9.48B JPY, surprise +8.92%, Beat. Q2 2026, reported May 14, 2026: actual 9.95B JPY, estimate 9.11B JPY, surprise +9.18%, Beat. Q3 2026, reported Aug 7, 2026: actual 14B JPY, estimate 11.78B JPY, surprise +18.90%, Beat.

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ETFs holding 2938.T

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

Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
62K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%

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