Wel-Dish. Incorporated

Wel-Dish. Incorporated

TTSE:2901
82.00
JPY
-5.00
(-5.75%)
11.72BMarket Cap
Wel-Dish. Incorporated
TSE:2901
(Tokyo Stock Exchange)

Recent

price

82.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
JPY
218.49
174.7
169.76
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
- -
Revenue per Share
-10.44
-0.54
1.65
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
- -
Basic EPS, GAAP
-19.76
-13.5
5.39
-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
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
1.29
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
116.31
104.22
106.09
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
Book Value per Share
102.52
96.87
100.25
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
Tangible Book Value per Share
2
3
3
3
3
3
3
3
4
6
7
7
12
14
14
21
23
Basic Weighted Avg Shares
494
543
575
717
602
520
452
405
1,389
2,721
2,628
2,798
2,412
2,975
2,015
1,974
- -
Sales/Revenue/Turnover
-5.72
-0.49
0.88
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
- -
Operating Margin (%)
19
18
18
16
12
12
10
6
12
73
63
3
1
2
7
36
- -
Depreciation Expense
-24
-2
6
23
-69
-74
-171
-54
-97
-315
-477
-109
-158
-115
-352
432
- -
Net Income, GAAP
- -
172.59
23.65
13.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
- -
Effective Tax Rate (%)
-4.78
-0.31
0.97
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
- -
Profit Margin (%)
75
178
193
223
178
111
96
45
331
354
78
294
535
504
65
1,164
1,634
Working Capital
14
7
- -
- -
9
6
68
63
709
732
523
450
310
408
418
1,045
608
LT Debt
263
353
359
391
330
265
93
40
254
160
-287
45
253
134
-73
2,676
6,014
Total Equity
- -
0.59
1.04
5.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.46
- -
Return on Invested Capital (%)
- -
-0.52
1.52
5.96
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
19.15
- -
Return on Capital (%)
-8.57
-0.55
1.57
6.02
-19.12
-24.89
-95.19
-81.73
-65.97
-152.12
- -
- -
-106.06
-59.57
- -
- -
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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.