- Business
- Oomitsu Co., Ltd. (3160.T) engages primarily in the wholesale and retail distribution of food products in Japan, operating as a comprehensive food trading company through three main segments: the Foreign Trading Business, which handles wholesale and distribution of food to large food service chains, hotels, restaurants, and other institutional customers; the Amica Business, focused on retail sales of food products to small restaurants and general consumers via its Amica stores; and the Marine Products Business, specializing in the wholesale of fishery products with an emphasis on shellfish. The company offers over 6,000 items of high-quality, safe, and delicious ingredients sourced domestically and internationally, including Japanese, Western, Chinese, ethnic, and other cuisines tailored to professional and consumer needs; its private brands include O!Marche (O Marche), which emphasizes price, quality, health-oriented, and senior-friendly options; Professional Choice, designed for professional users; and JFDA (Jefuda), a collaborative original brand with business food distributors. Founded in 1948 and formally established in 1950, Oomitsu is headquartered in Ogaki, Gifu Prefecture, Japan, at 227-1 Furumiya-cho, with approximately 1,073 employees on a standalone basis and 1,081 on a consolidated basis as of the fiscal year ended May 2025; it maintains operations across Japan through multiple external sales offices and Amica retail locations, listing on the Tokyo Stock Exchange Standard Market with consolidated sales of 74.8 billion yen for the same period. The company owns a subsidiary, Marin Delica Co., Ltd., and affiliates with organizations such as the Japan Foreign Food Distribution Association, School Lunch Supplies Development and Distribution Research Association, and the All Japan Food Service Distribution Service Association (JFDA). Recent developments include the announcement of an equity buyback program on July 14, 2025, for up to 300,000 shares representing 2.04% of its capital at a cost of 150 million yen, with a tranche update reported on September 1, 2025, reflecting ongoing shareholder return initiatives; it also reported first-quarter fiscal 2026 earnings on September 24, 2025, showing earnings per share of 0.27 yen versus 5.31 yen in the prior year period, alongside sustained dividend payments culminating in a November 2025 ex-dividend date of 7.50 yen per share.