YOKOREI CO. LTD.

YOKOREI CO. LTD.

TTSE:2874
1,711.00
JPY
-19.00
(-1.10%)
91.15BMarket Cap
Nov 12Next 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
2,293.68
2,737.49
2,990.96
2,871.51
3,042.35
3,063.96
2,388.16
1,958.84
1,883.63
1,957.52
2,136.27
2,076.59
2,130.38
- -
Basic EPS, GAAP
44.6
35.46
48.64
56.65
64.27
59.63
57.75
39.85
61.3
56.34
-182.52
66.79
33.56
- -
Free Cash Flow per Basic Share
54.92
-239.19
-60.47
-97.15
-314.06
17.07
244.6
43.19
-1.45
-49.25
-201.74
-122.22
-141.45
- -
Dividend per Share
19.98
19.98
20.06
20.13
20.1
19.66
24.6
23.08
23.06
23.06
23.1
24.56
24.06
- -
Book Value per Share
1,114.79
1,135.82
1,185.17
1,198.52
1,298.82
1,321.82
1,336.09
1,321.32
1,383.54
1,422.78
1,222.2
1,327.73
1,368.22
1,450.86
Tangible Book Value per Share
1,069.88
1,090.96
1,142.43
892.1
986.53
1,046.98
1,076.85
1,099.44
1,344.67
1,383.96
1,163.86
1,271.05
1,314.42
1,396.6
Basic Weighted Avg Shares
52
52
52
52
52
56
59
59
59
59
59
59
59
59
Sales/Revenue/Turnover
118,691
141,654
154,767
148,609
159,045
171,772
139,970
115,025
110,782
115,257
125,598
122,282
125,563
- -
Operating Margin (%)
3.14
2.9
2.5
3.48
3.26
2.81
3.41
2.97
2.31
3.69
2.86
3.8
3.38
- -
Depreciation Expense
3,667
4,042
4,582
4,336
5,333
5,694
6,236
6,537
7,220
6,454
6,624
7,400
8,263
- -
Net Income, GAAP
2,308
1,835
2,517
2,932
3,360
3,343
3,385
2,340
3,605
3,317
-10,731
3,933
1,978
- -
Effective Tax Rate (%)
37.44
45.85
36.74
37.69
35.95
30.3
28.58
34.53
19.74
31.91
- -
27.05
53.74
- -
Profit Margin (%)
1.94
1.3
1.63
1.97
2.11
1.95
2.42
2.03
3.25
2.88
-8.54
3.22
1.58
- -
Working Capital
17,980
13,931
14,957
196
8,963
18,045
23,806
18,196
7,083
6,504
203
-7,373
-5,561
-6,812
LT Debt
18,580
23,126
23,304
29,046
42,208
54,069
59,960
60,758
59,484
59,940
68,831
73,160
79,212
80,415
Total Equity
58,157
59,632
62,319
63,026
69,685
78,856
80,578
79,974
82,566
85,168
73,339
79,870
82,416
87,764
Return on Invested Capital (%)
2.82
2.41
2.39
2.74
2.33
2.07
2.05
1.37
1.26
1.77
- -
1.91
1.04
- -
Return on Capital (%)
2.9
2.12
2.66
2.71
2.55
2.28
1.86
1.67
2.47
2.14
- -
2.42
1.24
- -
Return on Common Equity (%)
4.09
3.15
4.19
4.75
5.15
4.58
4.35
3
4.53
4.02
-13.79
5.24
2.49
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'24
Dec'26
Mar'26
ST Debt
35,486
- -
27,108
LT Borrowings
63,338
- -
80,131
LT Finance Leases
287
- -
284
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
61,350
74,391
91,149

Working Capital

JPY

•

in mil. unless spec.
Mar'24
Dec'26
Mar'26
Total Current Assets
47,048
- -
33,103
Cash, Cash Equivalents & STI
4,836
- -
3,563
Accounts Receivable, Net
18,939
- -
13,585
Inventories
17,895
- -
13,521
Total Current Liabilities
55,928
- -
39,915
Payables & Accruals
- -
- -
- -
ST Debt
35,486
- -
27,108
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.09%
0.92%
3.19%
Free Cash Flow
499.1%
698.79%
15.84%
Net Income, GAAP
-56.28%
-112.76%
-49.71%
Sales/Revenue/Turnover
-1.59%
1.87%
2.68%
Total Cash Common Dividend
- -
- -
-1.94%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33,301
28,724
- -
- -
122,282
2025
- -
- -
- -
- -
125,563
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21.85
6.1
- -
- -
66.79
2025
- -
- -
- -
- -
33.56
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.57
-0.02
- -
- -
24.56
2025
- -
- -
- -
- -
24.06
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kenji Furuse
Full Time Employees
1,804
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Yokohama Connect Square Yokohama KN Japan 220-0012
IPO Date
Dec 27, 1962
Business
Yokorei Co., Ltd. operates primarily in the refrigerated warehousing and food sales sectors. The company provides refrigerated and frozen storage facilities for marine, agricultural, and livestock products. It wholesales, processes, imports, and exports a wide range of food products including seafood (such as scallop, yellowtail, salmon, octopus, crab, squid, mackerel, shrimp, and fish roe), livestock products (including pork, chicken, and beef), and agricultural products like potatoes, onions, and pumpkins. Yokorei also engages in real estate leasing and freight transportation, supporting its core logistics operations. The company has an extensive network of logistics centers across Japan to facilitate storage and distribution. Founded in 1949 and headquartered in Japan, Yokorei targets wholesalers, food manufacturers, retailers, restaurants, and catering businesses. It operates through three main segments: refrigerated warehousing, food sales, and real estate leasing. The refrigerated warehousing segment offers temperature-controlled storage and related services, while the food sales segment focuses on the wholesale and processing of marine and livestock products. The real estate leasing segment manages properties mainly related to logistics and warehousing. Recently, Yokorei announced a strategic partnership with BentallGreenOak K.K. to enhance its refrigerated warehousing business. This collaboration aims to develop advanced distribution centers utilizing AI and robotics to improve operational efficiency and market competitiveness. Additionally, in early 2025, Yokorei established the Suvarnabhumi Logistics Center (tentative name) to expand its logistics infrastructure. These moves align with Yokorei’s strategy to boost food distribution infrastructure in Japan and promote sustainability through reliable food supply. The company reported a 5.7% increase in revenue in the first half of fiscal 2025, reflecting growth in its business operations. Overall, Yokorei Co., Ltd. is a major player in Japan's refrigerated logistics and food distribution industry, combining traditional food sales with modern warehousing and logistics technology to support a stable food supply chain domestically and internationally. Its recent partnerships and infrastructure expansions represent significant strategic steps toward enhancing its market position and operational capability.