S&B Foods Inc.

S&B Foods Inc.

TTSE:2805
6,020.00
JPY
-90.00
(-1.47%)
113.51BMarket 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
4,463.42
4,429.56
4,969.66
5,311.47
5,605.7
5,714.96
4,432.2
4,498.23
4,666.22
4,912.5
5,232.13
5,111.26
5,337.44
- -
Basic EPS, GAAP
73.95
72.4
62.33
105.72
152.98
169.96
215.94
261.89
246.07
166.12
277.94
313.04
347.87
- -
Free Cash Flow per Basic Share
158.16
-62.41
-39.6
181.17
-24.49
-63.58
15.94
173.82
113.37
-181.35
105.19
220.18
266.25
- -
Dividend per Share
17.5
17.7
17.69
17.72
18.7
20
20.94
21.97
24.59
26.14
28.97
35.96
45.46
- -
Book Value per Share
1,133.51
1,238.31
1,318.64
1,443.33
1,585.19
1,717.2
1,876.94
2,170.67
2,421.57
2,603.38
3,007.65
3,321.19
3,898.52
3,898.52
Tangible Book Value per Share
1,114.36
1,219.45
1,297.4
1,419.4
1,557.99
1,683.85
1,842.14
2,137.05
2,392.26
2,580.88
2,982.78
3,292.47
3,874.95
3,874.95
Basic Weighted Avg Shares
28
28
27
26
25
25
25
25
25
25
24
24
24
24
Sales/Revenue/Turnover
123,976
121,866
133,147
137,907
142,396
145,160
112,578
114,255
118,046
120,651
126,443
123,520
129,022
- -
Operating Margin (%)
3.57
3.31
2.87
3.89
4.49
4.93
6.43
8.27
7.3
4.48
6.15
7.65
8
- -
Depreciation Expense
2,588
2,622
3,204
3,216
3,262
3,442
3,809
4,684
4,649
4,660
4,336
3,672
3,558
- -
Net Income, GAAP
2,054
1,992
1,670
2,745
3,886
4,317
5,485
6,652
6,225
4,080
6,717
7,565
8,409
- -
Effective Tax Rate (%)
46.53
47.55
60.95
37.84
36.96
19.71
24.02
28.38
27.63
25.93
16.6
21.98
26.93
- -
Profit Margin (%)
1.66
1.63
1.25
1.99
2.73
2.97
4.87
5.82
5.27
3.38
5.31
6.12
6.52
- -
Working Capital
9,230
11,230
12,815
11,407
12,108
15,581
18,447
25,980
26,738
27,940
36,320
44,701
56,966
56,966
LT Debt
10,626
14,309
14,801
13,073
9,243
10,042
17,153
17,235
15,081
12,516
11,365
12,000
14,218
14,218
Total Equity
31,485
33,549
34,702
36,667
40,271
43,621
47,679
55,136
59,901
62,925
72,691
80,266
94,250
94,250
Return on Invested Capital (%)
3.52
3.08
2.09
4.56
5.56
7.85
6.89
7.69
6.7
4.21
6.56
7.23
6.82
- -
Return on Capital (%)
3.6
3.39
2.67
4.29
5.97
6.52
7.42
8.1
7.17
4.69
7.24
7.8
8.01
- -
Return on Common Equity (%)
6.66
6.13
4.89
7.69
10.1
10.29
12.02
12.94
10.82
6.64
9.91
9.89
9.64
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
11,752
8,906
LT Borrowings
- -
11,124
14,023
LT Finance Leases
- -
- -
195
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
74,195
82,199
113,505

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
92,720
95,396
Cash, Cash Equivalents & STI
- -
24,637
30,313
Accounts Receivable, Net
- -
32,134
30,573
Inventories
- -
34,367
33,148
Total Current Liabilities
- -
41,774
38,430
Payables & Accruals
- -
- -
- -
ST Debt
- -
11,752
8,906
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.58%
11.41%
17.42%
Free Cash Flow
5.1%
-63.43%
20.95%
Net Income, GAAP
21.29%
9.51%
11.16%
Sales/Revenue/Turnover
0.03%
2.49%
4.45%
Total Cash Common Dividend
9.12%
14.87%
26.47%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31,955
31,202
34,760
28,526
126,443
2025
- -
- -
- -
- -
123,520
2026
- -
- -
- -
- -
129,022

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
61.86
37.86
119.16
59.04
277.94
2025
- -
- -
- -
- -
313.04
2026
- -
- -
- -
- -
347.87

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
28.97
2025
- -
- -
- -
- -
35.96
2026
- -
- -
- -
- -
45.46

Company Description

CEO
Yoko Okkyu
Full Time Employees
2,082
Sector
Consumer non-durables
Industry
Food: major diversified
Address
18-6, Nihonbashi Kabuto-cho Tokyo TY Japan 103-0026
IPO Date
Oct 2, 1961
Business
S&B Foods Inc. is a Japan-based company primarily engaged in the manufacture, processing, and distribution of food products. Founded in 1923 and headquartered in Tokyo, the company specializes in spices and herbs, instant foods, spicy seasonings, and prepared foods. Its core product portfolio includes Japanese curry mixes such as the widely recognized Golden Curry, wasabi paste, Japanese spices, seasoning mixes, retort pouch curry, pasta sauces, and oden mix. S&B Foods markets these products under multiple brands, including S&B, MAGIC SALT, MEISTER’S SPICE, GOLDEN CURRY, and others. The company operates manufacturing facilities across Japan, including locations in Nagano, Saitama, and Miyagi prefectures, and maintains a nationwide sales network. Recent major developments include expansions in product offerings focusing on convenience foods and seasoning innovations catering to both retail and food service sectors. In the last two years, S&B has emphasized extending its presence in the global wasabi market and enhancing its Japanese curry product lines. It has also increased focus on product diversification with new launches in spicy seasoning categories and further brand development. The company maintains a strong footprint in Japan, with strategic partnerships and distribution channels supporting its expansion into international markets. As one of the pioneers in packaged curry powder in Japan, S&B Foods combines tradition with innovation in food manufacturing, addressing both domestic and international customer bases with its range of culinary products. It continues to leverage its heritage since 1923 while adapting to modern consumer trends in ready-made and processed food products. The company’s leadership includes President Kazuya Ikemura, and it maintains offices and production centers strategically placed within Japan to support nationwide operations.