KENKO Mayonnaise Co., Ltd.

KENKO Mayonnaise Co., Ltd.

TTSE:2915
2,107.00
JPY
+33.00
(+1.59%)
31.78BMarket Cap
Nov 09Next Earn
KENKO Mayonnaise Co., Ltd.
TSE:2915
(Tokyo Stock Exchange)

Recent

price

2,107.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
3,970.08
3,650.58
3,837.4
4,032.18
4,245.13
4,710
4,812.86
4,416.15
4,490.85
4,520.67
4,157.83
4,639.61
5,064.47
5,511.59
5,801.66
6,279.05
- -
Revenue per Share
103.43
72.41
99.15
89.02
115.55
146.72
194.86
174.62
139.36
124.91
88.5
74.27
29.82
169.9
221.62
198.94
- -
Basic EPS, GAAP
-14.98
137.64
74.59
-211.18
25.05
245.38
53.22
-413.88
-262.57
212.86
273.01
206.02
136.63
313.34
238.64
11.29
- -
Free Cash Flow per Basic Share
15.06
19.91
29.91
20.97
20.97
23.93
29.91
40.91
33.93
29.98
23.91
19.01
17.95
19.07
39.35
47.52
- -
Dividend per Share
894.45
949.41
1,041.52
1,112.53
1,264.32
1,358.9
1,727.15
1,880.54
1,996.85
2,069.81
2,159.4
2,244.98
2,281.61
2,439.82
2,678.11
2,886.7
- -
Book Value per Share
875.74
923.52
1,014.5
1,086.28
1,235.61
1,335.53
1,710.88
1,867.25
1,984.65
2,059.55
2,149.32
2,227.16
2,231.57
2,357.95
2,581.28
2,803.36
- -
Tangible Book Value per Share
13
14
14
14
14
14
15
16
16
16
16
16
16
16
16
15
15
Basic Weighted Avg Shares
50,629
51,878
54,533
57,301
60,327
66,933
70,812
72,759
73,989
74,480
68,502
75,647
82,363
88,724
91,703
92,354
- -
Sales/Revenue/Turnover
5.48
4.13
5.1
4.24
4.98
5.13
5.63
5.74
4.21
3.89
2.89
2.14
0.13
3.32
5.28
4.5
- -
Operating Margin (%)
1,027
993
960
1,004
1,421
1,508
1,754
1,745
2,077
2,966
2,952
2,797
2,776
2,699
2,402
2,756
- -
Depreciation Expense
1,319
1,029
1,409
1,265
1,642
2,085
2,867
2,877
2,296
2,058
1,458
1,211
485
2,735
3,503
2,926
- -
Net Income, GAAP
46.01
48.24
41
42.84
41.21
24.61
28.7
31.58
39.25
33.7
31.82
30.96
25.15
27.4
31.87
30.95
- -
Effective Tax Rate (%)
2.61
1.98
2.58
2.21
2.72
3.12
4.05
3.95
3.1
2.76
2.13
1.6
0.59
3.08
3.82
3.17
- -
Profit Margin (%)
2,922
2,900
4,154
3,235
4,282
5,523
12,709
8,814
7,622
9,860
11,313
11,800
11,564
14,709
15,921
16,671
- -
Working Capital
2,670
1,934
3,183
4,053
2,979
2,184
1,489
7,131
10,085
8,571
7,141
5,466
4,321
3,815
3,293
2,771
- -
LT Debt
12,711
13,492
14,801
15,810
17,967
19,311
28,456
30,983
32,899
34,101
35,577
36,538
36,792
38,977
39,963
41,562
- -
Total Equity
8.12
6.23
8.97
6.57
7.79
10.99
10.13
7.92
4.43
4.28
3.02
2.53
0.18
4.94
7.4
6.34
- -
Return on Invested Capital (%)
7.84
6.2
8.18
6.36
7.66
9.29
10.61
8.32
5.61
4.78
3.43
2.87
1.23
6.48
8.11
6.66
- -
Return on Capital (%)
11.17
7.85
9.96
8.27
9.72
11.19
12
9.68
7.19
6.14
4.18
3.36
1.32
7.22
8.88
7.18
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
522
522
- -
LT Borrowings
3,032
2,771
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
14
14
Market Capitalization
29,299
31,776
28,680

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
35,379
33,733
- -
Cash, Cash Equivalents & STI
15,570
13,487
- -
Accounts Receivable, Net
14,950
14,634
- -
Inventories
4,448
5,074
- -
Total Current Liabilities
18,316
17,062
- -
Payables & Accruals
- -
- -
- -
ST Debt
522
522
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.63%
3.17%
4%
Free Cash Flow
-129.08%
-10.6%
-95.6%
Net Income, GAAP
37.68%
79.73%
-16.47%
Sales/Revenue/Turnover
3.4%
6.22%
0.71%
Total Cash Common Dividend
12.67%
18.6%
12.38%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
91,703
2026
- -
- -
- -
- -
92,354
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
221.62
2026
- -
- -
- -
- -
198.94
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
39.35
2026
- -
- -
- -
- -
47.52
2027
- -
- -
- -
- -
- -
Business
KENKO Mayonnaise Co., Ltd. (2915.T) manufactures and sells a range of food products, primarily focused on condiments, processed foods, salads, and delicatessen items. The company operates through two main segments: the Seasoning and Processed Foods Business, which includes salads and delicatessen such as potato salads, pasta salads, tuna salads, rice noodle salads, burdock salads, and long-life salads like Fashion Delica Foods; mayonnaise and dressings including plain mayonnaise, creamy golden sesame dressing, and other sauces; processed egg products such as thick omelets (atsuyaki tamago), dashi-wound eggs, scrambled eggs, and narrowly stripped cooked eggs (kinshi tamago); and other items like frozen potatoes and sweet potatoes; and the Delicatessen-related Business, which encompasses operations of Salad Cafe stores and related deli foods including rice dishes. It serves diverse channels including restaurants, mass retailers, convenience stores, bread manufacturers, school lunches, and exports, with key customers in the foodservice and retail sectors. Founded in March 1958 and headquartered in Tokyo with its head office in Kobe, Japan, the company maintains extensive domestic operations across multiple factories including Kobe, Atsugi, Nishi-Kobe, Yamanashi, Gotenba, Nishi-Nihon, and Shizuoka Fujisan factories, alongside sales branches in Nagoya, Tokyo, Sendai, Osaka, Fukuoka, Sapporo, and Hiroshima. Internationally, it has established entities such as PT. Intan Kenkomayo Indonesia in Jakarta and previously operated in Hong Kong, Dongguan, and Hangzhou through affiliates before divesting shares in 2015. Subsidiaries include DIETCOOK SHIRAOI Co., Ltd., KANTO DIETCOOK Co., Ltd., KANSAI DIETCOOK Co., Ltd., and Salad Cafe Co., Ltd., supporting a consolidated workforce of 2,985 employees as of March 31, 2025. In recent developments, the company completed a share repurchase program in November 2025, acquiring 543,000 shares representing 3.64% of its equity for ¥1,034.42 million to enhance shareholder returns under its KENKO Vision 2035 medium- to long-term plan launched in 2024. It announced reorganizations including the closure of the Aizu Wakamatsu Factory by March 2026 with production consolidation at Shizuoka Fujisan and Yamanashi factories, investing approximately ¥2.2 billion in capacity expansions for mayonnaise, sauces, and processed eggs to improve efficiency and supply stability. Additional changes encompass Tokyo Headquarters relocation to Chiyoda-ku in February 2026 and R&D transfers to Koto-ku in October 2026 to boost innovation, alongside price increases across product lines from FY 3/2026 and a store closure in July 2024 impacting Salad Cafe performance.