Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Food Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies123
  • 7D-1.4%
  • 3M11.3%
  • 1Y22.8%
  • YTD11.4%

Over the last 7 days, the Food industry has dropped 1.4%, driven by a pullback from Yamazaki Baking of 10.0%. Over the past 12 months, the industry was up 23%. Looking forward, earnings are forecast to grow by 9.2% annually.

Industry Valuation and Performance

Has the Japanese Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026JP¥20.1tJP¥24.8tJP¥953.5b15.7x21.1x0.8x
Tue, 10 Mar 2026JP¥19.9tJP¥24.8tJP¥960.8b16x20.7x0.8x
Thu, 05 Feb 2026JP¥19.0tJP¥24.6tJP¥957.3b17.2x19.9x0.8x
Sat, 03 Jan 2026JP¥18.1tJP¥24.5tJP¥945.5b16.5x19.1x0.7x
Mon, 01 Dec 2025JP¥18.5tJP¥24.5tJP¥946.2b16.7x19.5x0.8x
Wed, 29 Oct 2025JP¥18.3tJP¥24.4tJP¥932.2b16.3x19.6x0.8x
Fri, 26 Sep 2025JP¥18.7tJP¥24.4tJP¥927.3b17x20.2x0.8x
Sun, 24 Aug 2025JP¥18.3tJP¥24.4tJP¥926.7b16.9x19.8x0.8x
Tue, 22 Jul 2025JP¥17.8tJP¥24.2tJP¥914.2b16.4x19.4x0.7x
Thu, 19 Jun 2025JP¥17.4tJP¥24.2tJP¥921.7b16.3x18.9x0.7x
Sat, 17 May 2025JP¥17.4tJP¥24.2tJP¥931.1b16.3x18.7x0.7x
Mon, 14 Apr 2025JP¥16.7tJP¥24.0tJP¥967.7b15.7x17.3x0.7x
Wed, 12 Mar 2025JP¥16.9tJP¥24.0tJP¥963.7b15.9x17.6x0.7x
Fri, 07 Feb 2025JP¥16.9tJP¥23.9tJP¥970.4b15.7x17.4x0.7x
Sun, 05 Jan 2025JP¥18.2tJP¥23.7tJP¥953.7b15.4x19.1x0.8x
Tue, 03 Dec 2024JP¥18.1tJP¥23.7tJP¥953.8b15.1x18.9x0.8x
Thu, 31 Oct 2024JP¥18.2tJP¥23.5tJP¥963.6b16.1x18.9x0.8x
Sat, 28 Sep 2024JP¥18.3tJP¥23.5tJP¥967.8b16.4x19x0.8x
Mon, 26 Aug 2024JP¥17.8tJP¥23.5tJP¥969.9b15.7x18.3x0.8x
Wed, 24 Jul 2024JP¥18.9tJP¥23.2tJP¥980.9b16.8x19.3x0.8x
Fri, 21 Jun 2024JP¥17.7tJP¥23.2tJP¥973.0b16x18.2x0.8x
Sun, 19 May 2024JP¥18.3tJP¥23.2tJP¥975.5b15.6x18.7x0.8x
Tue, 16 Apr 2024JP¥18.3tJP¥22.9tJP¥966.0b17.6x18.9x0.8x
Thu, 14 Mar 2024JP¥18.1tJP¥22.9tJP¥960.5b17.7x18.8x0.8x
Sat, 10 Feb 2024JP¥18.1tJP¥22.8tJP¥938.7b17.8x19.3x0.8x
Mon, 08 Jan 2024JP¥17.6tJP¥22.7tJP¥901.5b17.7x19.5x0.8x
Wed, 06 Dec 2023JP¥17.7tJP¥22.7tJP¥901.4b17.8x19.6x0.8x
Fri, 03 Nov 2023JP¥18.0tJP¥22.6tJP¥870.9b19.3x20.7x0.8x
Sun, 01 Oct 2023JP¥17.2tJP¥22.5tJP¥795.7b20.4x21.6x0.8x
Tue, 29 Aug 2023JP¥17.5tJP¥22.4tJP¥790.8b19.6x22.2x0.8x
Thu, 27 Jul 2023JP¥16.6tJP¥22.1tJP¥691.4b21x24x0.8x
Sat, 24 Jun 2023JP¥16.8tJP¥22.0tJP¥695.5b20.2x24.1x0.8x
Mon, 22 May 2023JP¥16.5tJP¥22.0tJP¥694.5b19.6x23.7x0.7x
Wed, 19 Apr 2023JP¥15.8tJP¥21.4tJP¥679.3b18.2x23.2x0.7x
Price to Earnings Ratio

23.2x


Total Market Cap: JP¥15.8tTotal Earnings: JP¥679.3bTotal Revenue: JP¥21.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Food Industry Price to Earnings3Y Average 19.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Japanese Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 5.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Japanese Consumer Staples industry?

JP Market2.88%
Consumer Staples-2.37%
Food-1.36%
Packaged Foods and Meats-1.31%
Agricultural Products-4.36%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 19.9x.
    • Analysts are expecting annual earnings growth of 9.4%, which is higher than its past year's earnings growth of 3.1% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 16.8x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 9.4% over the next 5 years.
  • This is better than its past earnings growth rate of 3.1% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2802 AjinomotoJP¥4.65k0.9%
+JP¥38.3b		65.4%PE57.5x
2607 Fuji OilJP¥3.63k1.6%
+JP¥4.9b		20.1%PE15.4x
2590 DyDo Group HoldingsJP¥2.74k2.6%
+JP¥2.2b		-4.8%PS0.4x
2805 S&B FoodsJP¥5.08k1.7%
+JP¥2.1b		94.2%PE15.6x
2938 Okamura FoodsJP¥1.25k3.2%
+JP¥2.0b		58.0%PE26.7x

Latest News

2802
JP¥4,652.00
Ajinomoto
7D
0.9%
1Y
65.4%
2805
JP¥5,080.00
S&B Foods
7D
1.7%
1Y
94.2%
2801
JP¥1,523.00
Kikkoman
7D
-2.2%
1Y
3.2%
2809
JP¥3,880.00
Kewpie
7D
-5.4%
1Y
26.7%
2897
JP¥3,038.00
Nissin Foods HoldingsLtd
7D
-1.5%
1Y
-0.5%
2267
JP¥2,647.00
Yakult HonshaLtd
7D
-2.0%
1Y
-9.4%
2669
JP¥3,835.00
Kanemi
7D
5.2%
1Y
19.5%
2212
JP¥3,267.00
Yamazaki Baking
7D
-10.0%
1Y
11.1%
2269
JP¥3,903.00
Meiji Holdings
7D
-1.9%
1Y
16.3%

2269: York Capacity Plans And Minority Stake Will Support Measured Outlook

Analysts have nudged their price target on Meiji Holdings up from ¥3,918.75 to ¥4,075.00, citing slightly higher assumed revenue growth, a modestly stronger profit margin, and a steady forward P/E profile as key inputs behind the update. What's in the News Meiji Holdings lowered its full year fiscal 2026 consolidated earnings guidance, keeping net sales at ¥1,177,000 million and operating profit at ¥91,000 million, while reducing projected profit attributable to owners of parent from ¥54,000 million to ¥36,500 million and EPS guidance from ¥197.80 to ¥134.68 (Corporate guidance).
2607
JP¥3,627.00
Fuji Oil
7D
1.6%
1Y
20.1%
2109
JP¥3,515.00
Mitsui DM SugarLtd
7D
1.3%
1Y
5.7%
2282
JP¥7,043.00
NH Foods
7D
-5.0%
1Y
38.2%
2871
JP¥1,940.50
Nichirei
7D
-3.5%
1Y
5.1%
2938
JP¥1,248.00
Okamura Foods
7D
3.2%
1Y
58.0%
2590
JP¥2,742.00
DyDo Group Holdings
7D
2.6%
1Y
-4.8%
1381
JP¥3,930.00
AXYZ
7D
5.2%
1Y
41.6%