BASE FOOD Inc.

BASE FOOD Inc.

TTSE:2936
255.00
JPY
-5.00
(-1.92%)
-23.73EPS
11.77BMarket Cap
Jan 19Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
29.94
222.25
248.65
292.38
289.93
284.88
276.19
Basic EPS, GAAP
-3.22
-18.56
-25.44
-16.83
2.07
4.92
-23.73
Free Cash Flow per Basic Share
-2.05
-15.41
-20.21
-14.5
0.97
2.4
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.69
12.99
33.1
16.22
19.57
25.39
7.48
Tangible Book Value per Share
2.69
12.98
33.07
16.14
19.48
25.19
7.39
Basic Weighted Avg Shares
51
25
40
51
53
53
52
Sales/Revenue/Turnover
1,523
5,546
9,858
14,874
15,241
15,192
14,343
Operating Margin (%)
-10.44
-8.19
-9.85
-6.07
0.9
1.43
-8.74
Depreciation Expense
1
2
17
35
64
66
- -
Net Income, GAAP
-164
-463
-1,008
-856
109
262
-1,233
Effective Tax Rate (%)
- -
- -
- -
- -
12.15
1.93
- -
Profit Margin (%)
-10.74
-8.35
-10.23
-5.76
0.71
1.73
-8.59
Working Capital
160
621
1,346
268
737
694
57
LT Debt
30
30
- -
7
242
87
326
Total Equity
133
643
1,639
842
1,037
1,356
393
Return on Invested Capital (%)
- -
- -
- -
- -
7.3
10.89
- -
Return on Capital (%)
- -
- -
- -
- -
7.89
14.47
- -
Return on Common Equity (%)
- -
-119.3
-88.39
-69
11.59
21.93
-126.92

Capital Structure

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
ST Debt
501
1,901
1,068
LT Borrowings
- -
- -
319
LT Finance Leases
7
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
53
Market Capitalization
22,903
16,910
11,773

Working Capital

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
Total Current Assets
2,671
3,778
3,220
Cash, Cash Equivalents & STI
1,431
2,584
1,820
Accounts Receivable, Net
782
741
865
Inventories
195
131
173
Total Current Liabilities
2,404
3,947
3,163
Payables & Accruals
- -
- -
- -
ST Debt
501
1,901
1,068
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
108.51%
30.74%
Free Cash Flow
- -
83.02%
152.16%
Net Income, GAAP
- -
62.77%
140.81%
Sales/Revenue/Turnover
- -
79%
-0.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,664
3,915
- -
- -
15,241
2026
- -
- -
- -
- -
15,192
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-8.44
-1.26
- -
- -
2.07
2026
- -
- -
- -
- -
4.92
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

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

Company Description

CEO
Shun Hashimoto
Full Time Employees
98
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
25-2 Nakameguro Tokyo Japan 108-0073
IPO Date
Nov 15, 2022
Business
BASE FOOD Inc. is a Japanese food-tech company specializing in the development and sale of nutritionally complete staple foods. Its primary product offerings include nutrient-rich bread, pasta, cookies, and pancake mix, all engineered to provide balanced nutrition with essential vitamins, minerals, protein, and fiber. The company employs proprietary technology to create food products that combine natural ingredients such as whole wheat, soy, kelp, rice bran, and other plant-based components to deliver convenient, wholesome meal options. Founded in April 2016 and headquartered in Nakameguro, Meguro-ku, Tokyo, BASE FOOD targets health-conscious consumers seeking complete nutritional diets through convenient staple foods. The company sells its products primarily in Japan and has expanded its market reach into the United States, Hong Kong, and China. It distributes through online platforms and partners with supermarkets and convenience stores domestically, while actively seeking strategic partners abroad to navigate local food regulations. Recent major developments include BASE FOOD's U.S. market entry with the launch of BASE Cookies in early 2025, available on major retail sites such as Amazon.com, Walmart.com, and Kroger.com. In June 2024, BASE FOOD introduced a pancake mix fortified with 33 essential nutrients through its official online store. The company continues to focus on expanding its international presence via partnerships and potential local production facilities, reinforcing its strategic shift to become a global provider of complete nutritional food solutions. BASE FOOD maintains its commitment to innovation in food technology, aiming to make healthy and sustainable diets accessible worldwide through its growing suite of products and market expansions.