Ensuiko Sugar Refining Co., Ltd.

Ensuiko Sugar Refining Co., Ltd.

TTSE:2112
459.00
JPY
+1.00
(+0.22%)
14.04BMarket Cap
Oct 30Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,015.38
977.45
990.14
1,009.39
991.32
959.15
946.5
872.82
924.08
1,024.79
1,153.55
1,184.81
1,199.6
- -
Basic EPS, GAAP
10.05
11.77
22.83
20.25
33.42
30.99
28.62
28.56
22.39
18.26
53.93
77.82
100.57
- -
Free Cash Flow per Basic Share
18.43
25.25
24.24
-11.44
48.1
49.72
23.57
11.28
21.58
5.17
67.09
114.48
65.9
- -
Dividend per Share
5.03
6.02
4.98
4.98
4.98
4.98
5.98
4.97
4.96
4.99
4.97
8.96
14.91
- -
Book Value per Share
243.41
253.97
251.43
281.08
306.43
324.98
328.41
365.39
381.18
403.94
500.74
605.5
748.66
- -
Tangible Book Value per Share
240.69
252.61
249.8
275.55
301.63
321
324.72
362.93
379.78
403.03
500.16
604.85
748.12
- -
Basic Weighted Avg Shares
27
27
27
27
27
27
27
27
27
27
27
27
27
27
Sales/Revenue/Turnover
27,273
26,319
26,842
27,364
26,874
26,002
25,659
23,686
25,134
27,950
31,550
32,519
32,982
- -
Operating Margin (%)
2.79
2.18
3.8
2.66
3.13
3.88
4.17
4.15
3.21
2.23
4.74
8.86
9.24
- -
Depreciation Expense
715
688
654
699
658
670
672
663
655
630
578
558
602
- -
Net Income, GAAP
270
317
619
549
906
840
776
775
609
498
1,475
2,136
2,765
- -
Effective Tax Rate (%)
53.37
45.92
38.71
30.47
23.91
31.79
31.72
29.58
32.67
31.87
28.57
30.91
29.8
- -
Profit Margin (%)
0.99
1.2
2.31
2.01
3.37
3.23
3.02
3.27
2.42
1.78
4.68
6.57
8.38
- -
Working Capital
-7,430
-6,798
-4,798
-3,357
-1,840
-2,324
-1,020
1,035
-630
-471
18
1,809
1,701
- -
LT Debt
3,293
3,399
4,952
5,908
6,820
5,490
6,356
7,776
5,528
5,156
3,873
3,860
2,546
- -
Total Equity
6,538
6,885
6,816
7,620
8,307
8,810
8,903
9,922
10,378
11,029
13,710
16,619
20,603
- -
Return on Invested Capital (%)
1.62
1.42
2.91
2.36
2.93
3.18
3.4
2.97
2.25
1.82
4.5
7.91
7.9
- -
Return on Capital (%)
1.52
1.75
3.21
2.95
4.53
4.24
3.92
3.63
2.82
2.41
6.6
9.02
10.86
- -
Return on Common Equity (%)
4.2
4.72
9.04
7.61
11.38
9.81
8.76
8.23
6
4.65
11.92
14.09
14.86
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
4,148
4,184
- -
LT Borrowings
3,256
2,546
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
28
Market Capitalization
12,826
14,035
11,888

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
10,831
8,766
- -
Cash, Cash Equivalents & STI
3,947
2,892
- -
Accounts Receivable, Net
2,002
2,102
- -
Inventories
3,631
2,663
- -
Total Current Liabilities
7,895
7,065
- -
Payables & Accruals
- -
- -
- -
ST Debt
4,148
4,184
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.98%
16.07%
23.97%
Free Cash Flow
47.7%
249.23%
-42.33%
Net Income, GAAP
26.95%
46.16%
29.45%
Sales/Revenue/Turnover
2.26%
6.94%
1.42%
Total Cash Common Dividend
- -
- -
66.67%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
32,519
2026
- -
- -
- -
- -
32,982
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
77.82
2026
- -
- -
- -
- -
100.57
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
8.96
2026
- -
- -
- -
- -
14.91
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shigekatsu Kimura
Full Time Employees
83
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
New ESR building Tokyo TY Japan 103-0012
IPO Date
Oct 2, 1961
Business
Ensuiko Sugar Refining Co., Ltd. is a Japan-based company primarily engaged in the manufacturing and sale of sugar and sugar-related products. Founded in 1920 and headquartered in Tokyo, the company operates through three main business segments: Sugar, Bio, and Others. Its Sugar segment produces and markets refined sugar products including granulated sugar, white sugar, brown sugar, and liquid sugar under various brands. The Bio segment manufactures and sells lactose, fructose, oligosaccharides, and cyclodextrin, which are used in food, beverage, and pharmaceutical applications. The Others segment leases office buildings, including the New ESR Building. Ensuiko serves domestic markets in Japan with an expanding product range catering to both household and industrial clients. In recent years, the company has undergone significant strategic changes, notably its acquisition by Daito Seito Co., Ltd. from Mitsubishi Corporation in November 2022, marking an important organizational shift. Ensuiko has also seen operational improvements with an upward revision in its earnings forecast for fiscal year 2026, driven by increased demand in the sugar business from inbound tourism, travel, and beverage manufacturers. The company continues to expand its offerings in functional food science ingredients, producing materials such as edible films and sugar-derived additives. Ensuiko remains focused on maintaining stable supply and high-quality refined sugar products while exploring growth through health-conscious product lines like cyclodextrin, which has rising demand due to its diet and health benefits. Overall, Ensuiko Sugar Refining combines traditional refined sugar production with innovative bio-products and functional food ingredients, supported by recent corporate acquisitions and expanding market demand in Japan. Its operations reflect a blend of legacy manufacturing and strategic growth in health-oriented food segments, headquartered in Tokyo and serving primarily the Japanese market. This positioning supports both its core refined sugar business and emerging bio-science product lines for future expansion.