Rokko Butter Co., Ltd.

Rokko Butter Co., Ltd.

TTSE:2266
1,094.00
JPY
+9.00
(+0.83%)
19.65BMarket Cap
Nov 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,926.17
2,018.28
2,189.1
2,387.76
2,534.12
2,703.37
2,768.79
2,820.33
2,826.75
2,151.76
2,273.54
2,203.15
2,222.17
- -
Basic EPS, GAAP
70.66
49.57
94.64
173.89
170.95
150.67
50.31
49.11
116.59
11.29
22.91
53.44
76.26
- -
Free Cash Flow per Basic Share
85.05
67.73
117.11
137.55
6.93
-625.08
-331.36
170.09
192.84
13.92
140.35
162.88
-105.49
- -
Dividend per Share
14.96
15.08
14.94
18.3
19.91
20.12
24.98
20.01
19.94
20.01
19.98
24.97
20
- -
Book Value per Share
835.13
866.64
967.79
1,084.91
1,247.65
1,367.42
1,396.25
1,423.99
1,524.18
1,500.41
1,544.75
1,584.13
1,710.52
1,768.96
Tangible Book Value per Share
832.09
865.11
966.78
1,080
1,233.77
1,351.89
1,382.68
1,412.81
1,515.44
1,493.37
1,537.5
1,575
1,677.08
1,734.09
Basic Weighted Avg Shares
21
21
21
20
19
19
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
39,791
41,522
45,001
47,115
49,375
52,672
53,947
54,948
55,074
41,924
44,296
42,924
43,293
- -
Operating Margin (%)
5.78
4.63
6.65
11.03
9.87
8.27
4.14
3.53
4.3
0.82
1.41
4.35
3.32
- -
Depreciation Expense
1,138
994
894
941
822
813
2,416
3,209
2,808
2,491
2,245
2,005
1,984
- -
Net Income, GAAP
1,460
1,020
1,945
3,431
3,331
2,936
980
957
2,272
220
446
1,041
1,486
- -
Effective Tax Rate (%)
38.76
42.15
37.77
33.85
31.75
31.93
32.75
27.49
35.8
34.17
27.05
25.67
22.7
- -
Profit Margin (%)
3.67
2.46
4.32
7.28
6.75
5.57
1.82
1.74
4.12
0.52
1.01
2.43
3.43
- -
Working Capital
10,625
12,335
13,652
14,756
9,102
2,066
-4,273
-2,286
2,615
9,684
8,694
5,876
11,667
12,448
LT Debt
- -
- -
- -
6
5
3
2
185
171
6,158
3,144
131
559
5,234
Total Equity
17,252
17,816
19,895
21,139
24,310
26,643
27,204
27,745
29,697
29,233
30,097
30,863
33,326
32,520
Return on Invested Capital (%)
7.52
5.68
8.8
14.72
12.22
8.91
3.72
3.18
3.53
0.57
1.19
3.59
2.79
- -
Return on Capital (%)
8.11
5.39
9.58
15.6
12.83
9.06
2.5
2.23
5.41
0.59
1.2
2.8
3.9
- -
Return on Common Equity (%)
8.81
5.82
10.32
16.72
14.66
11.52
3.64
3.48
7.91
0.75
1.5
3.42
4.63
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
6,013
- -
5,870
LT Borrowings
1,500
- -
4,723
LT Finance Leases
138
- -
512
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
18
Market Capitalization
30,238
22,522
19,652

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
25,075
- -
31,536
Cash, Cash Equivalents & STI
7,048
- -
11,146
Accounts Receivable, Net
12,120
- -
12,494
Inventories
5,145
- -
6,991
Total Current Liabilities
16,760
- -
19,088
Payables & Accruals
- -
- -
- -
ST Debt
6,013
- -
5,870
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.39%
3.79%
7.98%
Free Cash Flow
-871.51%
135.99%
-164.76%
Net Income, GAAP
31.86%
65.2%
42.7%
Sales/Revenue/Turnover
0.02%
-4.05%
0.86%
Total Cash Common Dividend
3.53%
0.98%
-19.88%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,315
11,034
- -
- -
42,924
2025
- -
- -
- -
- -
43,293
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.96
27.41
- -
- -
53.44
2025
- -
- -
- -
- -
76.26
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
24.97
2025
- -
- -
- -
- -
20
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hiroyasu Tsukamoto
Full Time Employees
726
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
1-3-13, Sakaguchi-dori Kobe HY Japan 651-0062
IPO Date
May 1, 1963
Website
qbb.co.jp
Business
Rokko Butter Co., Ltd. manufactures and sells processed cheese products, nuts, and related food items primarily under the QBB brand in Japan and the EMINA brand internationally; its cheese portfolio includes baby cheese, sliced cheese, stick cheese, candy cheese, smoked cheese, mixed cheese, powdered cheese, cream cheese, non-baked cheese cake, and plant-based cheese options such as PLANT MADE, while nuts offerings comprise almonds, snacks, cheese beans, and mixed nuts, supplemented by oat milk products, desserts, and imported chocolates. Established in 1948 and headquartered in Kobe, Hyogo, Japan, the company holds the top market share for processed cheese in Japan, where cheese accounts for over 90% of sales, and operates factories including Kobe, Inami, Nagano, and Kasai, with international subsidiaries in Vietnam through QBB Vietnam Company Limited and in Indonesia via PT Emina Cheese Indonesia, a joint venture with Mitsubishi Corporation. In recent developments, Rokko Butter acquired an additional 51% stake in Mitsuya Group Honsha Co., Ltd. in 2025, making it a wholly-owned subsidiary following a 49% investment in July 2024 to strengthen nut production capabilities, while continuing to innovate with products like plant-based cheese that earned a Superior Taste Award from the International Taste Institute in 2024.