1. Japan Stocks

  2. •

    Consumer non-durables

  3. •

    Food: meat/fish/dairy
Natori Co., Ltd.

Natori Co., Ltd.

TTSE:2922
1,972.00
JPY
+13.00
(+0.66%)
24.07BMarket Cap
Nov 11Next Earn
Natori Co., Ltd.
TSE:2922
(Tokyo Stock Exchange)

Recent

price

1,972.00

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
2,269.34
2,292.12
2,399.81
2,695.7
2,985.68
3,263.41
3,446.33
3,614.59
3,685.28
3,812.7
3,897.49
3,583.89
3,583.81
3,781.31
3,885.74
3,861.3
- -
Revenue per Share
49.51
57.54
65.07
73.04
86.86
99.49
106.77
64.95
84.63
87.89
138.01
123.78
32.38
111.28
107.45
106.7
- -
Basic EPS, GAAP
23.65
-59.6
234.9
78.91
141.5
127.15
-182.28
94.38
126.98
57.61
230.67
128.52
-152.79
446.81
-13.27
96.24
- -
Free Cash Flow per Basic Share
14.04
14.05
14.6
15.15
16.05
17.02
17.53
19.02
19.98
20.01
19.94
23.07
21.98
22
24.02
25
- -
Dividend per Share
1,020.1
1,067.5
1,140.97
1,222.4
1,299.3
1,377.61
1,470.06
1,533.35
1,587.45
1,646.58
1,770.82
1,860.18
1,874.14
1,992.8
2,083.26
2,199.7
2,199.7
Book Value per Share
1,009.91
1,056.83
1,130.74
1,212.49
1,289.74
1,365.92
1,458.63
1,517.38
1,572.18
1,631.79
1,758.88
1,832.43
1,814.81
1,919.95
2,007.76
2,125.76
2,125.76
Tangible Book Value per Share
15
14
14
13
13
13
13
13
13
13
13
13
13
13
13
13
13
Basic Weighted Avg Shares
32,908
33,035
34,298
36,379
38,205
41,063
43,365
45,482
46,371
47,974
49,041
45,095
45,094
47,579
48,893
48,585
- -
Sales/Revenue/Turnover
14.38
13.14
13.75
13.44
13.15
13.86
4.6
2.85
3.34
3.23
4.6
5.04
1.38
4.47
4.03
3.89
- -
Operating Margin (%)
873
879
844
861
897
912
944
1,345
1,527
1,741
1,740
1,698
1,633
1,382
1,207
1,124
- -
Depreciation Expense
718
829
930
986
1,111
1,252
1,344
817
1,065
1,106
1,737
1,557
407
1,400
1,352
1,343
- -
Net Income, GAAP
49.78
41.62
39.81
41.58
38.94
36.47
33.47
36.49
33.47
34.15
32
32.32
37.34
29.81
32.07
31.45
- -
Effective Tax Rate (%)
2.18
2.51
2.71
2.71
2.91
3.05
3.1
1.8
2.3
2.31
3.54
3.45
0.9
2.94
2.77
2.76
- -
Profit Margin (%)
3,029
1,779
2,278
2,220
3,197
4,678
5,287
5,083
5,495
5,642
6,880
7,111
7,003
8,218
9,122
10,178
10,178
Working Capital
1,819
703
710
878
1,052
1,013
4,612
5,944
5,605
5,216
4,071
4,031
2,977
2,126
1,906
1,757
1,757
LT Debt
14,702
15,385
15,531
15,689
16,349
17,334
18,498
19,294
19,974
20,718
22,282
23,406
23,582
25,075
26,213
27,678
27,678
Total Equity
3.9
4.27
4.54
4.93
5.45
6.47
5.49
3
3.57
3.47
5.12
4.99
1.25
4.73
4.19
4
- -
Return on Invested Capital (%)
3.85
4.31
4.64
4.94
5.42
5.92
5.72
3.07
3.78
3.89
5.99
5.21
1.39
4.57
4.38
4.31
- -
Return on Capital (%)
4.95
5.51
6.02
6.31
6.94
7.43
7.5
4.33
5.42
5.44
8.08
6.82
1.73
5.76
5.27
4.98
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'25
Sep'26
Mar'26
ST Debt
3,057
3,009
3,159
LT Borrowings
1,403
960
898
LT Finance Leases
- -
- -
859
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
26,688
25,177
24,070

Working Capital

JPY

•

in mil. unless spec.
Sep'25
Sep'26
Mar'26
Total Current Assets
20,723
20,594
21,520
Cash, Cash Equivalents & STI
4,636
4,403
4,606
Accounts Receivable, Net
8,519
8,131
8,827
Inventories
7,285
7,710
7,730
Total Current Liabilities
12,073
11,510
11,342
Payables & Accruals
- -
- -
- -
ST Debt
3,057
3,009
3,159
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.81%
4.45%
5.59%
Free Cash Flow
-169.88%
-316.79%
-825.39%
Net Income, GAAP
21.46%
31.06%
-0.7%
Sales/Revenue/Turnover
- -
- -
-0.63%
Total Cash Common Dividend
4.06%
4.86%
4.07%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,371
11,375
14,064
10,769
47,579
2025
- -
- -
- -
- -
48,893
2026
- -
- -
- -
- -
48,585

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.71
22.17
106.16
-37.76
111.28
2025
- -
- -
- -
- -
107.45
2026
- -
- -
- -
- -
106.7

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
22
2025
- -
- -
- -
- -
24.02
2026
- -
- -
- -
- -
25
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Business
Natori Co., Ltd. operates primarily in the food products sector, specializing in the creation and distribution of various snack items across Japan. The company offers a broad portfolio encompassing processed seafood, different meat products like salami and jerky, a selection of cheese-based snacks, agricultural derivatives, fried delicacies, and a range of confectionery and chilled food options. Founded in 1937 and headquartered in Tokyo, Japan, Natori generates revenue through its extensive manufacturing and distribution networks serving both retailers and wholesalers domestically. Despite recent reports indicating a decline in some financial metrics for the six months ending September 2025, the company intends to uphold its dividend commitments.