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MICREED Co.,Ltd. logo

MICREED Co.,Ltd.

7687.T

JPXConsumer DefensiveFood Distribution

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Latest quote

¥443

+¥1.00 · +0.23%

Aug 24, 1:25 PM JST

7687.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

MICREED Co.,Ltd. provides food supplies through a remote sales model, primarily catering to small and mid-sized restaurants across Japan. Their extensive product catalog encompasses a wide range of items, such as various meats and fish, fresh vegetables, specialty items like skewers and fried dishes, and an assortment of desserts. This company was established in 1995 and operates from its headquarters in Tokyo, Japan.

Industry
Food Distribution
Sector
Consumer Defensive
Headquarters
JP
CEO
Reiko Katayama
Listed since
Mar 16, 2020
Employees
34

Market position

Day range

Current ¥443

52-week range

Current ¥443

Open
¥442
Previous close
¥442
Volume
2.2K
0.28× average
Average volume
7.95K
Average daily volume
Market cap
2.93B JPY
Beta
0.75
Market reference 1
50-day average
¥422.34
+4.89% above average
200-day average
¥451.7
-1.92% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.71B JPY
P/E (TTM)
10.82×
P/B (TTM)
1.76×
P/S (TTM)
0.37×
EV / EBITDA
3.65×
Earnings yield
9.71%
Free cash flow yield
13.67%
Dividend yield
1.92%

Profitability & efficiency

Gross margin
33.14%
Operating margin
4.96%
Net margin
3.43%
Return on equity
17.15%
Return on assets
10.04%
Return on invested capital
16.41%

Financial health

Debt / equity
0×
Current ratio
2.23×
Altman Z-score
6.56
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%23%9%-6%Gross margin, FY2021: 33.58%Gross margin, FY2022: 34.00%Gross margin, FY2023: 34.40%Gross margin, FY2024: 33.44%Gross margin, FY2025: 33.20%Operating margin, FY2021: -1.95%Operating margin, FY2022: 4.16%Operating margin, FY2023: 5.42%Operating margin, FY2024: 5.50%Operating margin, FY2025: 5.32%Net margin, FY2021: -1.22%Net margin, FY2022: 2.87%Net margin, FY2023: 3.74%Net margin, FY2024: 3.81%Net margin, FY2025: 3.64%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 33.58%. Gross margin FY2022 34.00%. Gross margin FY2023 34.40%. Gross margin FY2024 33.44%. Gross margin FY2025 33.20%. Operating margin FY2021 -1.95%. Operating margin FY2022 4.16%. Operating margin FY2023 5.42%. Operating margin FY2024 5.50%. Operating margin FY2025 5.32%. Net margin FY2021 -1.22%. Net margin FY2022 2.87%. Net margin FY2023 3.74%. Net margin FY2024 3.81%. Net margin FY2025 3.64%.

Income trends

Revenue

7.67B JPY+13.21%

Operating income

408M JPY+9.38%

Net income

279M JPY+8.14%
Income trends across reported periods8.44B JPY5.35B JPY2.26B JPY−832M JPYRevenue, FY2021: 3.03B JPYRevenue, FY2022: 4.67B JPYRevenue, FY2023: 5.94B JPYRevenue, FY2024: 6.78B JPYRevenue, FY2025: 7.67B JPYOperating income, FY2021: −59M JPYOperating income, FY2022: 194M JPYOperating income, FY2023: 322M JPYOperating income, FY2024: 373M JPYOperating income, FY2025: 408M JPYNet income, FY2021: −37M JPYNet income, FY2022: 134M JPYNet income, FY2023: 222M JPYNet income, FY2024: 258M JPYNet income, FY2025: 279M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.03B JPY. Revenue FY2022 4.67B JPY. Revenue FY2023 5.94B JPY. Revenue FY2024 6.78B JPY. Revenue FY2025 7.67B JPY. Operating income FY2021 −59M JPY. Operating income FY2022 194M JPY. Operating income FY2023 322M JPY. Operating income FY2024 373M JPY. Operating income FY2025 408M JPY. Net income FY2021 −37M JPY. Net income FY2022 134M JPY. Net income FY2023 222M JPY. Net income FY2024 258M JPY. Net income FY2025 279M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue7.67B JPY6.78B JPY5.94B JPY4.67B JPY3.03B JPY
Cost of goods sold5.12B JPY4.51B JPY3.89B JPY3.08B JPY2.01B JPY
Gross profit2.55B JPY2.27B JPY2.04B JPY1.59B JPY1.02B JPY
Selling, general, and administrative2.14B JPY1.89B JPY1.65B JPY1.32B JPY1.01B JPY
Operating expenses2.14B JPY1.89B JPY1.72B JPY1.39B JPY1.08B JPY
Interest income2M JPY————
Depreciation and amortization60M JPY59M JPY72M JPY74M JPY64M JPY
Operating income408M JPY373M JPY322M JPY194M JPY−59M JPY
Net income279M JPY258M JPY222M JPY134M JPY−37M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
9.93

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates16.8612.187.52.81Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 31, 2024: actual 9.87, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 30, 2025: actual 15.86, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 4.37, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 11.61, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 12.32, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 29, 2026: actual 15.06, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 3.31, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 30, 2026: actual 9.93, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.23B2B1.77B1.54BQ4 '24BeatQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26No estimate
Q4 2024, reported Oct 31, 2024: actual 1.72B JPY, estimate 1.67B JPY, surprise +3.12%, Beat. Q1 2025, reported Jan 30, 2025: actual 1.84B JPY, estimate 1.84B JPY, surprise -0.16%, Miss. Q2 2025, reported May 15, 2025: actual 1.63B JPY, estimate 1.7B JPY, surprise -4.35%, Miss. Q3 2025, reported Jul 31, 2025: actual 1.81B JPY, estimate 1.8B JPY, surprise +0.39%, Beat. Q4 2025, reported Oct 30, 2025: actual 1.95B JPY, estimate 1.95B JPY, surprise +0.05%, Beat. Q1 2026, reported Jan 29, 2026: actual 2.03B JPY, estimate 2.14B JPY, surprise -5.00%, Miss. Q2 2026, reported May 14, 2026: actual 1.88B JPY, estimate 1.91B JPY, surprise -1.57%, Miss. Q3 2026, reported Jul 30, 2026: actual 2.04B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥8.30

2025 complete year+10.2% since 2023

2026 partial: ¥4.30

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥4.50

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥4.60

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥4.30

Semi-Annual

Record Mar 31, 2026 · Payment Jun 24, 2026

Dividend

Ex-dividend Sep 29, 2025

¥4.20

Semi-Annual

Record Sep 30, 2025 · Payment Dec 29, 2025

Dividend

Ex-dividend Mar 28, 2025

¥4.10

Semi-Annual

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Sep 27, 2024

¥3.80

Semi-Annual

Record Sep 30, 2024 · Payment Dec 27, 2024

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