Announcement • Jun 11
Nitto Fuji Flour Milling Co.,Ltd. to Report Q1, 2027 Results on Aug 03, 2026 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q1, 2027 results on Aug 03, 2026 Reported Earnings • May 08
Full year 2026 earnings released: EPS: JP¥365 (vs JP¥97.47 in FY 2025) Full year 2026 results: EPS: JP¥365. Revenue: JP¥72.8b (flat on FY 2025). Net income: JP¥3.32b (down 6.5% from FY 2025). Profit margin: 4.6% (down from 4.9% in FY 2025). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥140 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio and cash payout ratio are on the higher end at 75% and 83% respectively. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: JP¥133 (vs JP¥137 in 3Q 2025) Third quarter 2026 results: EPS: JP¥133 (down from JP¥137 in 3Q 2025). Revenue: JP¥19.6b (flat on 3Q 2025). Net income: JP¥1.21b (down 3.2% from 3Q 2025). Profit margin: 6.2% (down from 6.4% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Nov 29
Nitto Fuji Flour Milling Co.,Ltd. to Report Q3, 2026 Results on Feb 02, 2026 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q3, 2026 results on Feb 02, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥31.85 (vs JP¥8.79 in 2Q 2025) Second quarter 2026 results: EPS: JP¥31.85 (up from JP¥8.79 in 2Q 2025). Revenue: JP¥17.4b (up 1.4% from 2Q 2025). Net income: JP¥290.0m (up 263% from 2Q 2025). Profit margin: 1.7% (up from 0.5% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Oct 16
Maruzen Showa Unyu Co., Ltd. (TSE:9068) agreed to acquire 66.66% stake in Nitto Fuji Unyu K.K. from Nitto Fuji Flour Milling Co.,Ltd. (TSE:2003) for approximately ¥430 million. Maruzen Showa Unyu Co., Ltd. (TSE:9068) agreed to acquire 66.66% stake in Nitto Fuji Unyu K.K. from Nitto Fuji Flour Milling Co.,Ltd. (TSE:2003) for approximately ¥430 million on October 14, 2025. A cash consideration of ¥433.32 million will be paid by Maruzen Showa Unyu Co., Ltd. As part of consideration, ¥433.32 million is paid towards common equity of Nitto Fuji Unyu K.K. Nitto Fuji Unyu K.K. plans to change its trade name to "M&F Logistics Co., Ltd." at the general shareholders' meeting to be held on October 31, 2025.
For the period ending March 31, 2025, Nitto Fuji Unyu K.K. reported total revenue of ¥2.05 billion and EBIT of ¥80 million.
The expected completion of the transaction is October 31, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥140 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Announcement • Sep 03
Nitto Fuji Flour Milling Co.,Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Buy Or Sell Opportunity • Aug 07
Now 21% overvalued Over the last 90 days, the stock has fallen 3.7% to JP¥7,290. The fair value is estimated to be JP¥6,046, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥93.57 (vs JP¥131 in 1Q 2025) First quarter 2026 results: EPS: JP¥93.57 (down from JP¥131 in 1Q 2025). Revenue: JP¥18.0b (up 1.8% from 1Q 2025). Net income: JP¥852.0m (down 29% from 1Q 2025). Profit margin: 4.7% (down from 6.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Jun 13
Nitto Fuji Flour Milling Co.,Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 08
Full year 2025 earnings released: EPS: JP¥390 (vs JP¥465 in FY 2024) Full year 2025 results: EPS: JP¥390 (down from JP¥465 in FY 2024). Revenue: JP¥72.3b (flat on FY 2024). Net income: JP¥3.55b (down 16% from FY 2024). Profit margin: 4.9% (down from 5.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
Nitto Fuji Flour Milling Co.,Ltd., Annual General Meeting, Jun 27, 2025 Nitto Fuji Flour Milling Co.,Ltd., Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥140 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%). Announcement • Mar 01
Nitto Fuji Flour Milling Co.,Ltd. to Report Fiscal Year 2025 Results on May 07, 2025 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report fiscal year 2025 results on May 07, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥137 (vs JP¥158 in 3Q 2024) Third quarter 2025 results: EPS: JP¥137 (down from JP¥158 in 3Q 2024). Revenue: JP¥19.5b (down 1.2% from 3Q 2024). Net income: JP¥1.25b (down 13% from 3Q 2024). Profit margin: 6.4% (down from 7.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 30
Nitto Fuji Flour Milling Co.,Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥140 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%). Announcement • Aug 27
Nitto Fuji Flour Milling Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥131 (vs JP¥75.12 in 1Q 2024) First quarter 2025 results: EPS: JP¥131 (up from JP¥75.12 in 1Q 2024). Revenue: JP¥17.6b (down 1.6% from 1Q 2024). Net income: JP¥1.19b (up 75% from 1Q 2024). Profit margin: 6.8% (up from 3.8% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Announcement • Jun 02
Nitto Fuji Flour Milling Co.,Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥6,290, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 16x in the Food industry in Japan. Total returns to shareholders of 98% over the past three years. Announcement • May 09
Nitto Fuji Flour Milling Co.,Ltd., Annual General Meeting, Jun 27, 2024 Nitto Fuji Flour Milling Co.,Ltd., Annual General Meeting, Jun 27, 2024. Reported Earnings • May 08
Full year 2024 earnings released: EPS: JP¥465 (vs JP¥435 in FY 2023) Full year 2024 results: EPS: JP¥465 (up from JP¥435 in FY 2023). Revenue: JP¥72.6b (up 4.4% from FY 2023). Net income: JP¥4.24b (up 6.9% from FY 2023). Profit margin: 5.8% (up from 5.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥101 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.7%). Buy Or Sell Opportunity • Mar 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to JP¥5,450. The fair value is estimated to be JP¥4,487, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 3.7%. Announcement • Mar 09
Nitto Fuji Flour Milling Co.,Ltd. to Report Fiscal Year 2024 Results on May 07, 2024 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report fiscal year 2024 results on May 07, 2024 Buy Or Sell Opportunity • Feb 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to JP¥5,450. The fair value is estimated to be JP¥4,484, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 3.7%. Board Change • Feb 26
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Takashi Muramatsu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥158 (vs JP¥148 in 3Q 2023) Third quarter 2024 results: EPS: JP¥158 (up from JP¥148 in 3Q 2023). Revenue: JP¥19.8b (up 3.2% from 3Q 2023). Net income: JP¥1.44b (up 6.4% from 3Q 2023). Profit margin: 7.3% (up from 7.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 30
Nitto Fuji Flour Milling Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥90.71 (vs JP¥91.26 in 2Q 2023) Second quarter 2024 results: EPS: JP¥90.71 (down from JP¥91.26 in 2Q 2023). Revenue: JP¥17.5b (up 4.9% from 2Q 2023). Net income: JP¥826.0m (flat on 2Q 2023). Profit margin: 4.7% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥75.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%). Announcement • Sep 06
Nitto Fuji Flour Milling Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥75.12 (vs JP¥101 in 1Q 2023) First quarter 2024 results: EPS: JP¥75.12 (down from JP¥101 in 1Q 2023). Revenue: JP¥17.9b (up 8.9% from 1Q 2023). Net income: JP¥684.0m (down 26% from 1Q 2023). Profit margin: 3.8% (down from 5.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 01
Nitto Fuji Flour Milling Co.,Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 09
Full year 2023 earnings released: EPS: JP¥435 (vs JP¥408 in FY 2022) Full year 2023 results: EPS: JP¥435 (up from JP¥408 in FY 2022). Revenue: JP¥69.5b (up 17% from FY 2022). Net income: JP¥3.96b (up 6.7% from FY 2022). Profit margin: 5.7% (down from 6.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥77.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2023 earnings released: EPS: JP¥148 (vs JP¥137 in 3Q 2022) Third quarter 2023 results: EPS: JP¥148 (up from JP¥137 in 3Q 2022). Revenue: JP¥19.1b (up 20% from 3Q 2022). Net income: JP¥1.35b (up 8.5% from 3Q 2022). Profit margin: 7.1% (down from 7.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 27
Nitto Fuji Flour Milling Co.,Ltd. to Report Q3, 2023 Results on Feb 01, 2023 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q3, 2023 results on Feb 01, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥91.26 (vs JP¥103 in 2Q 2022) Second quarter 2023 results: EPS: JP¥91.26 (down from JP¥103 in 2Q 2022). Revenue: JP¥16.7b (up 20% from 2Q 2022). Net income: JP¥831.0m (down 12% from 2Q 2022). Profit margin: 5.0% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. No independent directors (10 non-independent directors). Managing Executive Officer, General Manager of Business Operations Division and Director Takeshi Koizumi was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: JP¥91.26 (vs JP¥103 in 2Q 2022) Second quarter 2023 results: EPS: JP¥91.26 (down from JP¥103 in 2Q 2022). Revenue: JP¥16.7b (up 20% from 2Q 2022). Net income: JP¥831.0m (down 12% from 2Q 2022). Profit margin: 5.0% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Aug 28
Nitto Fuji Flour Milling Co.,Ltd. to Report Q2, 2023 Results on Nov 01, 2022 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q2, 2023 results on Nov 01, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥101 (vs JP¥92.32 in 1Q 2022) First quarter 2023 results: EPS: JP¥101 (up from JP¥92.32 in 1Q 2022). Revenue: JP¥16.5b (up 16% from 1Q 2022). Net income: JP¥919.0m (up 9.0% from 1Q 2022). Profit margin: 5.6% (down from 5.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 29
Nitto Fuji Flour Milling Co.,Ltd. to Report Q1, 2023 Results on Jul 28, 2022 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥408 (vs JP¥386 in FY 2021) Full year 2022 results: EPS: JP¥408 (up from JP¥386 in FY 2021). Revenue: JP¥59.3b (up 4.9% from FY 2021). Net income: JP¥3.71b (up 5.0% from FY 2021). Profit margin: 6.3% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Announcement • May 08
Nitto Fuji Flour Milling Co.,Ltd., Annual General Meeting, Jun 29, 2022 Nitto Fuji Flour Milling Co.,Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. No independent directors (10 non-independent directors). Managing Executive Officer, General Manager of Business Operations Division and Director Takeshi Koizumi was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 07
Nitto Fuji Flour Milling Co.,Ltd. to Report Fiscal Year 2022 Results on May 06, 2022 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report fiscal year 2022 results on May 06, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥75.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 11 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥137 (up from JP¥118 in 3Q 2021). Revenue: JP¥16.0b (up 4.5% from 3Q 2021). Net income: JP¥1.25b (up 15% from 3Q 2021). Profit margin: 7.8% (up from 7.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Oct 29
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.9b (up 1.7% from 2Q 2021). Net income: JP¥940.0m (up 9.4% from 2Q 2021). Profit margin: 6.7% (up from 6.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥92.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 02
First quarter 2022 earnings released: EPS JP¥185 (vs JP¥192 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥14.2b (up 4.6% from 1Q 2021). Net income: JP¥843.0m (down 4.0% from 1Q 2021). Profit margin: 5.9% (down from 6.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Announcement • May 22
Nitto Fuji Flour Milling Co.,Ltd. (TSE:2003) announces an Equity Buyback for 25,000 shares, representing 0.55% for ¥178 million. Nitto Fuji Flour Milling Co.,Ltd. (TSE:2003) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, representing 0.55% of its issued share capital (excluding treasury stock), for a total purchase price of ¥178 million. The shares will be repurchased at a price of ¥7,120 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will be valid till May 24, 2021. As of March 31, 2021, the company had 4,578,246 issued shares (excluding treasury stock) and 114,118 treasury shares. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥772 (vs JP¥739 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥56.5b (down 1.7% from FY 2020). Net income: JP¥3.54b (up 4.5% from FY 2020). Profit margin: 6.3% (up from 5.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥103 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 09 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.5%). Announcement • Mar 05
Nitto Fuji Flour Milling Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Is New 90 Day High Low • Mar 03
New 90-day high: JP¥6,890 The company is up 6.0% from its price of JP¥6,530 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food industry, which is up 1.0% over the same period. Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS JP¥237 (vs JP¥275 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥15.3b (down 2.7% from 3Q 2020). Net income: JP¥1.08b (down 14% from 3Q 2020). Profit margin: 7.1% (down from 8.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year. Announcement • Jan 22
Nitto Fuji Flour Milling Co.,Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Jan 14
New 90-day high: JP¥6,740 The company is up 4.0% from its price of JP¥6,460 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food industry, which is up 3.0% over the same period. Announcement • Sep 04
Nitto Fuji Flour Milling Co.,Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Nitto Fuji Flour Milling Co.,Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020 
