1. Japan Stocks

  2. •

    Retail trade

  3. •

    Specialty stores
Wel-Dish. Incorporated

Wel-Dish. Incorporated

TTSE:2901
82.00
JPY
-5.00
(-5.75%)
11.72BMarket Cap
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
211.54
177.62
153.5
133.35
119.6
355.22
423.79
375.98
394.01
202.87
208.15
140.87
96.05
- -
Basic EPS, GAAP
6.67
-20.35
-21.87
-50.36
-16.05
-24.81
-49.09
-68.21
-15.28
-13.3
-8.06
-24.58
21
- -
Free Cash Flow per Basic Share
-0.03
-18.31
-13.53
-14.43
-14.83
9.43
-11.16
-11.39
-6.03
-22.5
-26.04
-2.59
-8.16
- -
Dividend per Share
- -
1.29
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
115.51
97.38
78.35
27.46
11.82
47.77
23.72
-40.6
3.96
17.7
9.37
-4.79
130.17
209.31
Tangible Book Value per Share
110.91
89.35
70.38
23.56
8.3
-26.26
-29.77
-45.42
3.57
17.44
9.19
-14.32
13.56
63.7
Basic Weighted Avg Shares
3
3
3
3
3
4
6
7
7
12
14
14
21
23
Sales/Revenue/Turnover
717
602
520
452
405
1,389
2,721
2,628
2,798
2,412
2,975
2,015
1,974
- -
Operating Margin (%)
3.12
-12.08
-14.28
-18.53
-12.81
1.17
-8.46
-5.5
-3.37
-4.41
-4.49
-6.03
10.16
- -
Depreciation Expense
16
12
12
10
6
12
73
63
3
1
2
7
36
- -
Net Income, GAAP
23
-69
-74
-171
-54
-97
-315
-477
-109
-158
-115
-352
432
- -
Effective Tax Rate (%)
13.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
- -
Profit Margin (%)
3.15
-11.46
-14.25
-37.77
-13.42
-6.99
-11.58
-18.14
-3.88
-6.56
-3.87
-17.45
21.86
- -
Working Capital
223
178
111
96
45
331
354
78
294
535
504
65
1,164
1,634
LT Debt
- -
9
6
68
63
709
732
523
450
310
408
418
1,045
608
Total Equity
391
330
265
93
40
254
160
-287
45
253
134
-73
2,676
6,014
Return on Invested Capital (%)
5.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.46
- -
Return on Capital (%)
5.96
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
19.15
- -
Return on Common Equity (%)
6.02
-19.12
-24.89
-95.19
-81.73
-65.97
-152.12
- -
- -
-106.06
-59.57
- -
- -
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'25
Jun'26
Feb'26
ST Debt
247
- -
154
LT Borrowings
1,042
- -
603
LT Finance Leases
3
- -
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
28
Market Capitalization
14,594
13,685
11,716

Working Capital

JPY

•

in mil. unless spec.
Mar'25
Jun'26
Feb'26
Total Current Assets
2,018
- -
2,618
Cash, Cash Equivalents & STI
1,076
- -
563
Accounts Receivable, Net
466
- -
706
Inventories
219
- -
93
Total Current Liabilities
853
- -
984
Payables & Accruals
- -
- -
- -
ST Debt
247
- -
154
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-351.79%
-722.91%
-3,754.98%
Free Cash Flow
33.24%
155.93%
352.02%
Net Income, GAAP
34.03%
-15.25%
-222.75%
Sales/Revenue/Turnover
29.36%
-3.65%
-2.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
500
504
528
483
2,015
2025
- -
- -
- -
- -
1,974
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.96
-2.4
-2.71
-16.38
-24.58
2025
- -
- -
- -
- -
21
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Shuhei Komatsu
Full Time Employees
51
Sector
Retail trade
Industry
Specialty stores
Address
VORT Shirokanedai Tokyo TY Japan 108-0071
IPO Date
Nov 27, 1985
Website
wel-dish.co.jp
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Business
Wel-Dish.Incorporated (2901.T) is a Japan-based company that develops, manufactures, imports and sells beverages, dried ingredients for commercial use, food products and related consumer goods. Founded in 1951 and headquartered in Tokyo, the company operates primarily in Japan through segments including food production of barley tea, oolong tea, decaffeinated tea, burdock tea, other health drinks and beef jerky; an internet mail-order business offering membership-based wholesale of health foods, cosmetics, beauty products, supplements, fruits, vegetables and miscellaneous goods; cosmetics sales; wellness services encompassing in-home care, preventive care under long-term care insurance, nursing-related products such as bathing aids, flooring, clothing, toilet items, walking aids, home equipment, housing renovation materials, facility products and nursing robots; and other offerings like meals, health foods and OEM contract manufacturing. Geographically focused on the Japanese market, it serves commercial, retail and welfare customers with products including dry ingredients for business use and cosmetic raw materials. In recent developments, the company changed its name from Ishigaki Foods Co., Ltd. to Wel-Dish.Incorporated in June 2024; completed acquisitions of Grand Roof Co., Ltd. for ¥14.63 million in November 2024 and Harbor Links Holdings for ¥495,000 in December 2024; announced the acquisition of Karadanote Inc's Karadanote Water Business for ¥1.05 million in February 2025; and entered an agreement to acquire IMG Holdings in September 2025, reflecting a strategic expansion into complementary businesses amid ongoing revenue of ¥2.22 billion (TTM) and net income of ¥474.83 million.