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Japanese (NIKKEI) Food Industry Analysis

UpdatedJun 25, 2024
DataAggregated Company Financials
Companies124
  • 7D-0.09%
  • 3M-4.1%
  • 1Y7.2%
  • YTD2.0%

Over the last 7 days, the Food industry has dropped 1.2%, driven by a pullback from Ajinomoto of 2.6%. On the other hand Fuji Oil Holdings is actually up 5.5%. In the past year, the industry has gained 6.4%. As for the next few years, earnings are expected to grow by 5.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Jun 2024JP¥17.8tJP¥23.2tJP¥973.0b16.1x18.3x0.8x
Thu, 23 May 2024JP¥18.1tJP¥23.2tJP¥970.2b15.9x18.7x0.8x
Sat, 20 Apr 2024JP¥18.0tJP¥23.0tJP¥963.5b17.4x18.7x0.8x
Mon, 18 Mar 2024JP¥18.2tJP¥22.9tJP¥961.1b17.2x19x0.8x
Wed, 14 Feb 2024JP¥18.2tJP¥22.8tJP¥941.1b17.7x19.4x0.8x
Fri, 12 Jan 2024JP¥18.1tJP¥22.7tJP¥902.1b18.1x20.1x0.8x
Sun, 10 Dec 2023JP¥17.6tJP¥22.7tJP¥901.4b18x19.5x0.8x
Tue, 07 Nov 2023JP¥18.2tJP¥22.6tJP¥876.2b19.3x20.8x0.8x
Thu, 05 Oct 2023JP¥17.1tJP¥22.5tJP¥795.7b19.9x21.5x0.8x
Sat, 02 Sep 2023JP¥17.7tJP¥22.4tJP¥793.4b20x22.3x0.8x
Mon, 31 Jul 2023JP¥16.4tJP¥22.1tJP¥694.4b21x23.6x0.7x
Wed, 28 Jun 2023JP¥16.7tJP¥22.0tJP¥695.5b20.2x24x0.8x
Fri, 26 May 2023JP¥16.5tJP¥22.0tJP¥694.6b19.6x23.7x0.7x
Sun, 23 Apr 2023JP¥15.8tJP¥21.4tJP¥679.4b18.3x23.3x0.7x
Tue, 21 Mar 2023JP¥14.9tJP¥21.4tJP¥682.9b16.9x21.8x0.7x
Thu, 16 Feb 2023JP¥14.7tJP¥21.4tJP¥683.8b17.5x21.5x0.7x
Sat, 14 Jan 2023JP¥14.3tJP¥20.8tJP¥699.9b17x20.4x0.7x
Mon, 12 Dec 2022JP¥15.0tJP¥20.8tJP¥700.9b18.7x21.5x0.7x
Wed, 09 Nov 2022JP¥14.5tJP¥20.4tJP¥736.4b16.6x19.7x0.7x
Fri, 07 Oct 2022JP¥14.8tJP¥20.2tJP¥788.8b16.6x18.8x0.7x
Sun, 04 Sep 2022JP¥14.8tJP¥20.2tJP¥789.0b16.2x18.7x0.7x
Tue, 02 Aug 2022JP¥14.9tJP¥19.9tJP¥817.6b15.7x18.3x0.8x
Thu, 30 Jun 2022JP¥14.2tJP¥19.7tJP¥807.5b15.2x17.6x0.7x
Sat, 28 May 2022JP¥13.2tJP¥19.8tJP¥809.8b15.2x16.3x0.7x
Mon, 25 Apr 2022JP¥13.9tJP¥19.8tJP¥783.1b14.3x17.7x0.7x
Wed, 23 Mar 2022JP¥14.1tJP¥19.7tJP¥779.6b14.8x18.1x0.7x
Fri, 18 Feb 2022JP¥14.3tJP¥19.7tJP¥777.8b15.5x18.4x0.7x
Sun, 16 Jan 2022JP¥14.1tJP¥19.6tJP¥776.5b15.6x18.2x0.7x
Tue, 14 Dec 2021JP¥14.2tJP¥19.6tJP¥771.0b14.7x18.5x0.7x
Thu, 11 Nov 2021JP¥14.8tJP¥19.7tJP¥764.8b15.9x19.4x0.7x
Sat, 09 Oct 2021JP¥14.8tJP¥19.6tJP¥726.8b16.4x20.4x0.8x
Mon, 06 Sep 2021JP¥15.2tJP¥19.9tJP¥733.1b16.8x20.7x0.8x
Wed, 04 Aug 2021JP¥14.0tJP¥19.9tJP¥733.2b16.3x19.1x0.7x
Price to Earnings Ratio

19.1x


Total Market Cap: JP¥14.0tTotal Earnings: JP¥732.9bTotal Revenue: JP¥19.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Food Industry Price to Earnings3Y Average 20x202220232024
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 20.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 9.9% per year over the last three years.
  • Revenues for these companies have grown 5.2% 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 Market1.54%
Consumer Staples-0.17%
Food-0.087%
Agricultural Products2.26%
Packaged Foods and Meats-0.12%
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 20.0x.
    • Analysts are expecting annual earnings growth of 5.3%, which is lower than the prior year's growth of 36.1% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 20.5x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 5.3% over the next 5 years.
  • However this is lower than its past earnings growth rate of 36% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings decline by 7.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
2801 KikkomanJP¥1.88k3.7%
+JP¥63.3b		11.7%PE31.7x
2267 Yakult HonshaLtdJP¥2.87k1.9%
+JP¥16.5b		-38.2%PE17.1x
2282 NH FoodsJP¥4.79k3.5%
+JP¥16.4b		23.0%PE17.6x
2002 Nisshin Seifun GroupJP¥1.83k2.1%
+JP¥11.0b		0.2%PE17.1x
2607 Fuji Oil HoldingsJP¥2.90k2.3%
+JP¥5.7b		44.2%PE38.2x
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Latest News

2002

JP¥1,828.00

Nisshin Seifun Group

7D

2.1%

1Y

0.2%

We Think Nisshin Seifun Group (TSE:2002) Can Manage Its Debt With Ease

Jun 24
We Think Nisshin Seifun Group (TSE:2002) Can Manage Its Debt With Ease

2801

JP¥1,877.50

Kikkoman

7D

3.7%

1Y

11.7%

2607

JP¥2,899.00

Fuji Oil Holdings

7D

2.3%

1Y

44.2%

Fuji Oil Holdings Inc. (TSE:2607) Looks Just Right With A 25% Price Jump

Jun 21
Fuji Oil Holdings Inc. (TSE:2607) Looks Just Right With A 25% Price Jump

2001

JP¥2,299.00

Nippn

7D

2.3%

1Y

25.1%

2282

JP¥4,794.00

NH Foods

7D

3.5%

1Y

23.0%

2212

JP¥3,338.00

Yamazaki Baking

7D

-3.0%

1Y

67.5%

Unpleasant Surprises Could Be In Store For Yamazaki Baking Co., Ltd.'s (TSE:2212) Shares

Jun 18
Unpleasant Surprises Could Be In Store For Yamazaki Baking Co., Ltd.'s (TSE:2212) Shares

2811

JP¥3,299.00

Kagome

7D

-1.2%

1Y

1.9%

Kagome Co., Ltd.'s (TSE:2811) Business Is Yet to Catch Up With Its Share Price

Jun 17
Kagome Co., Ltd.'s (TSE:2811) Business Is Yet to Catch Up With Its Share Price

2897

JP¥4,078.00

Nissin Foods HoldingsLtd

7D

-2.5%

1Y

1.4%

2269

JP¥3,418.00

Meiji Holdings

7D

-3.0%

1Y

4.6%

Is There An Opportunity With Meiji Holdings Co., Ltd.'s (TSE:2269) 22% Undervaluation?

Jun 12
Is There An Opportunity With Meiji Holdings Co., Ltd.'s (TSE:2269) 22% Undervaluation?

2884

JP¥1,615.00

Yoshimura Food Holdings K.K

7D

-10.7%

1Y

79.6%

2802

JP¥5,606.00

Ajinomoto

7D

-2.4%

1Y

-2.9%

Ajinomoto (TSE:2802) Has A Pretty Healthy Balance Sheet

Jun 12
Ajinomoto (TSE:2802) Has A Pretty Healthy Balance Sheet

2267

JP¥2,869.50

Yakult HonshaLtd

7D

1.9%

1Y

-38.2%

Are Investors Undervaluing Yakult Honsha Co.,Ltd. (TSE:2267) By 37%?

Jun 10
Are Investors Undervaluing Yakult Honsha Co.,Ltd. (TSE:2267) By 37%?

2809

JP¥3,113.00

Kewpie

7D

-2.0%

1Y

32.5%

2229

JP¥3,120.00

Calbee

7D

1.5%

1Y

15.0%

These 4 Measures Indicate That Calbee (TSE:2229) Is Using Debt Reasonably Well

Jun 06
These 4 Measures Indicate That Calbee (TSE:2229) Is Using Debt Reasonably Well

2871

JP¥3,516.00

Nichirei

7D

-2.8%

1Y

12.5%

Subdued Growth No Barrier To Nichirei Corporation's (TSE:2871) Price

Jun 06
Subdued Growth No Barrier To Nichirei Corporation's (TSE:2871) Price

1377

JP¥3,445.00

Sakata Seed

7D

2.7%

1Y

-17.0%