1. Japan Stocks

  2. •

    Consumer Defensive

  3. •

    Packaged Foods
Marudai Food Co., Ltd.

Marudai Food Co., Ltd.

2288.T
Marudai Food Co., Ltd.JP flagTokyo Stock Exchange
2,303.00
JPY
+18.00
- -
55.49BMarket Cap
Marudai Food Co., Ltd.
2288.T
(Tokyo Stock Exchange)

Recent

price

2,303.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
7,523.47
7,856.66
7,967.71
8,224.84
8,548.64
8,704.44
8,843.59
9,156.04
9,542.94
9,667.3
8,775.73
8,646.86
8,846.25
9,180.76
9,507.55
9,741.69
4,614.94
Revenue per Share
145.89
151.38
78.1
66.44
69.41
99.24
124.95
70.39
57.45
65.01
16.21
-14.87
-198.74
-377.73
222.06
399.89
-418.36
Basic EPS, GAAP
371.91
320.54
298.33
410.94
215.68
440.37
333.22
120.46
262.89
338.52
301.96
278.06
115.81
401.8
218.34
430.54
283.72
Free Cash Flow per Basic Share
35.01
39.99
44.99
39.99
34.99
35.19
35
40.17
40.01
35
34.98
30.14
30.09
20.1
20.11
49.81
0.04
Dividend per Share
1,551.73
1,689.17
1,722.3
1,748.83
1,781.55
1,820.95
1,917.36
1,956.09
2,027.25
2,060.41
2,045.81
2,011.23
1,797.47
1,411.97
1,625.84
1,991.85
1,567.89
Book Value per Share
2,418.24
2,554.9
2,635.96
2,589.92
2,717.57
2,714.52
2,861.39
2,874.19
2,876.62
2,831.68
2,950.26
2,896.17
2,687.6
2,504.84
2,691.47
3,118.95
2,647.85
Tangible Book Value per Share
26
26
26
26
26
26
26
26
25
25
25
25
25
25
25
24
25
Basic Weighted Avg Shares
198,752
204,127
207,009
213,678
222,316
229,543
232,436
239,586
243,030
245,820
223,000
218,610
221,979
228,808
234,970
238,396
114,690
Sales/Revenue/Turnover
2.88
2.89
1.6
1.34
1.23
1.82
2.03
0.99
0.93
1.07
-0.15
-0.4
-0.63
1.36
2.33
3.15
1.43
Operating Margin (%)
6,206
6,094
5,906
5,608
5,435
5,206
5,442
5,688
6,433
6,801
7,798
7,945
7,693
7,117
4,703
4,911
3,593
Depreciation Expense
3,854
3,933
2,029
1,726
1,805
2,617
3,284
1,842
1,463
1,653
412
-376
-4,987
-9,414
5,488
9,786
-10,397
Net Income, GAAP
1.69
19.61
23.13
41.63
38.71
29.39
30.2
38.61
38.99
38.44
33.88
- -
- -
- -
21.77
24.69
16.73
Effective Tax Rate (%)
1.94
1.93
0.98
0.81
0.81
1.14
1.41
0.77
0.6
0.67
0.18
-0.17
-2.25
-4.11
2.34
4.1
-9.07
Profit Margin (%)
9,935
10,230
12,093
13,545
15,647
16,239
16,308
11,308
10,706
9,452
8,855
8,084
7,353
11,381
15,116
22,565
12,917
Working Capital
9,118
8,659
9,074
7,576
7,311
5,632
6,408
7,192
8,621
8,591
8,945
8,669
8,990
8,356
7,797
7,046
6,909
LT Debt
64,710
68,308
70,110
68,575
71,707
72,321
76,289
76,983
76,094
75,054
77,748
75,488
69,013
62,751
67,006
76,969
66,317
Total Equity
6.4
5.26
2.79
1.86
1.86
3.27
3.65
1.58
1.46
1.69
-0.23
- -
- -
- -
4.93
6.29
- -
Return on Invested Capital (%)
6.17
5.92
3.31
2.78
2.61
4.26
5.29
2.91
2.26
2.46
0.68
- -
- -
- -
9.49
16.35
-3.33
Return on Capital (%)
9.75
9.27
4.58
3.83
3.93
5.55
6.67
3.63
2.85
3.18
0.79
-0.73
-10.39
-23.45
14.56
22.01
-24.59
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
13,289
- -
11,671
LT Borrowings
5,177
- -
4,132
LT Finance Leases
3,179
- -
2,777
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
- -
25
Market Capitalization
40,711
43,181
45,181

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
57,078
- -
57,620
Cash, Cash Equivalents & STI
9,668
- -
8,247
Accounts Receivable, Net
28,018
- -
25,623
Inventories
18,554
- -
22,444
Total Current Liabilities
45,697
- -
44,703
Payables & Accruals
- -
- -
- -
ST Debt
13,289
- -
11,671
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.86%
0.22%
14.87%
Free Cash Flow
26.82%
45.34%
95.26%
Net Income, GAAP
94.28%
208.77%
78.32%
Sales/Revenue/Turnover
0.45%
1.36%
1.46%
Total Cash Common Dividend
9.32%
19.12%
145.27%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56,263
57,854
61,790
52,900
228,808
2025
- -
- -
- -
- -
234,970
2026
- -
- -
- -
- -
238,396

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39.01
0.24
58.42
- -
-377.73
2025
- -
- -
- -
- -
222.06
2026
- -
- -
- -
- -
399.89

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.82
1.16
- -
- -
20.1
2025
- -
- -
- -
- -
20.11
2026
- -
- -
- -
- -
49.81
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Business
Marudai Food Co., Ltd. manufactures and sells processed meat products including hams and sausages such as wiener, bacon, grilled pork, frankfurters, hamburger meatballs and fish sausages; cooked and processed foods comprising chicken side dishes, Korean and Chinese dishes, cooking sauces, curries, meat and frozen side dishes, retort pouch foods, pizza and snacks; dairy products and desserts; and fresh meat products encompassing beef, pork and chicken primarily in Japan with some international sales. The company operates through Processed Food Products, Meat Products and Other segments, the latter including insurance agency services, and sells via mass retailers, restaurants and other channels. Founded in 1950 and headquartered in Takatsuki, Osaka, Japan, Marudai Food maintains consolidated subsidiaries such as Marudai Meat Co., Ltd., Toda Foods Co., Ltd., Azumino Food Co., Ltd., Marudaifood Co., Ltd., Marushin Foods Co., Ltd. and Toraku Foods Co., Ltd. acquired in July 2020. In April 2022, the company transitioned its listing from the First Section to the Prime Market of the Tokyo Stock Exchange; it announced a three-year medium-term rolling plan in April 2024 focused on expanding core businesses like retort products, desserts and ready-to-eat foods while developing new channels including frozen foods and commercial-use markets; and in December 2025 initiated formal consultations for delisting from the Frankfurt Stock Exchange.