Nisshin Seifun Group Inc. (2002) AI Stock Analysis

• Market Cap: ¥487.53B
• Dividend Yield: 3.49%
• Average Volume (3M): 743.16K
• Price to Earnings (P/E): 14.6
• Beta (1Y): 0.52
• Revenue Growth: -0.79%
• EPS Growth: 9.92%
• Country: JP
• Employees: 9,574
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Packaged Foods
• EPS (TTM): 14.64
• Shares Outstanding: 290,657,900
• 10 Day Avg. Volume: 651,280
• 30 Day Avg. Volume: 743,160
• PEG Ratio: 0.28
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 96.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,000.00
• Price Target Upside: 16.38% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 60 Neutral
• Price Target: ¥1,849.00 ▲(7.59%Upside)

Nisshin Seifun Group Inc. shows strong financial performance with improved profitability and a stable balance sheet. However, technical indicators suggest potential bearish momentum, which could impact short-term performance. The valuation is fair with an attractive dividend yield, providing a balanced investment opportunity.

Nisshin Seifun Group Inc. Business Overview & Revenue Model

Company Description

Nisshin Seifun Group Inc. engages in the flour milling, processed foods, health foods, biotechnology, pet foods, engineering, and mesh cloth businesses in Japan and internationally. The company manufactures and sells wheat flour, bran, ready-made, and other food-related items; pasta, pasta sauces, premixes, flour for consumer use, heat-and-serve products, dried noodles, and chilled and frozen food products under the NISSHIN, MA?MA, AO-NO-DOKUTSU, and DE CECCO brands; deli foods under the INITIO brand; and health foods, active pharmaceutical ingredients, and pharmaceutical products. It also manufactures and sells pet food for dogs and cats under the JP Style brand; designs and manages manufacturing and processing facilities for grains, food materials, and chemicals; and sells powder processing related equipment. In addition, the company manufactures and sells yeast and other food ingredients, ingredients for diagnostic drugs, and drugs for research; materials for screen-printing, mesh products for industrial use, electronic components, and plastic molding; and deli dishes. Nisshin Seifun Group Inc. was founded in 1900 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Nisshin Seifun Group Inc. generates revenue primarily through its Flour Milling and Food segments. The Flour Milling segment produces and sells wheat flour and wheat bran, which are essential ingredients for bakeries, confectioneries, and noodle manufacturers. The Food segment includes the production and sale of pasta, premixes, and various processed food products, catering to both consumer and industrial needs. Additionally, the company earns income from its Others segment, which involves pet food manufacturing and engineering services. Key revenue streams also include strategic partnerships and joint ventures that enhance its market presence and operational efficiency, as well as exports to international markets, contributing to its diversified income sources.

Nisshin Seifun Group Inc. Financial Statement Overview

Summary

Nisshin Seifun Group Inc. demonstrates strong financial health with consistent revenue growth and improved profitability. The balance sheet is stable with low leverage. However, recent declines in free cash flow could pose a potential risk.

Income Statement

Nisshin Seifun Group Inc. has shown consistent revenue growth over the past years with a slight dip in the most recent year. The gross profit margin is strong at approximately 22.3% for 2025, indicating efficient production. Net profit margin improved significantly from a negative in 2023 to approximately 4.1% in 2025, showcasing recovery and profitability enhancement. EBIT and EBITDA margins also indicate a healthy operational efficiency.

Balance Sheet

The company maintains a strong equity position, with an equity ratio of about 61.4% in 2025, reflecting financial stability. The debt-to-equity ratio is relatively low at 0.17, indicating conservative leverage use. Return on equity shows positive recovery to 7.2% in 2025 from a negative in 2023, highlighting improving profitability.

Cash Flow

Operating cash flow remains robust, with a good operating cash flow to net income ratio of 1.59 for 2025, suggesting strong cash generation relative to earnings. However, free cash flow has decreased by 68.8% compared to the previous year, indicating potential challenges in sustaining cash flows. The free cash flow to net income ratio is healthy at 0.40, supporting ongoing profitability.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
855.01B	851.49B	858.25B	798.68B	679.74B	679.50B
	Gross Profit
188.86B	190.18B	184.13B	160.62B	148.08B	189.09B
	EBIT
45.37B	46.38B	47.79B	32.83B	29.43B	27.20B
	EBITDA
74.14B	82.05B	76.91B	59.55B	58.35B	54.91B
	Net Income Common Stockholders
32.76B	34.69B	31.74B	-10.38B	17.51B	19.01B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
114.29B	96.12B	109.47B	82.97B	70.71B	61.73B
	Total Assets
829.63B	789.71B	826.70B	713.87B	723.07B	687.41B
	Total Debt
81.47B	84.53B	88.31B	85.05B	79.51B	76.95B
	Net Debt
-27.23B	-9.44B	-19.37B	2.07B	9.91B	15.67B
	Total Liabilities
301.46B	287.14B	310.32B	275.38B	262.43B	242.64B
	Stockholders Equity
510.37B	485.01B	500.30B	423.88B	449.27B	433.20B
Cash Flow		Free Cash Flow
11.83B	13.74B	44.00B	4.76B	23.15B	32.15B
	Operating Cash Flow
19.71B	55.21B	73.19B	23.42B	41.83B	49.51B
	Investing Cash Flow
-8.56B	-34.96B	-30.94B	487.00M	-15.52B	-17.11B
	Financing Cash Flow
-2.29B	-35.43B	-19.54B	-10.63B	-17.85B	-31.26B

Nisshin Seifun Group Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1718.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2002, the sentiment is Neutral. The current price of 1718.5 is below the 20-day moving average (MA) of 1737.82, below the 50-day MA of 1778.32, and below the 200-day MA of 1767.80, indicating a bearish trend. The MACD of -19.01 indicates Positive momentum. The RSI at 42.15 is Neutral, neither overbought nor oversold. The STOCH value of 30.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2002.

Nisshin Seifun Group Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$8.92B	15.03	4.68%	6.11%	3.59%	-2.49%
2002	60 Neutral	¥487.53B	14.65		3.49%	-0.79%	9.92%
CBCFF		$2.44B	17.01	10.34%	1.98%	―	―
NFPDF		$6.04B	16.99	11.20%	2.18%	―	―
NPFUF		$1.15B	7.43	10.43%	2.83%	―	―
YZZKF		$4.49B	17.25	8.78%	1.45%	―	―
8WC		€921.44M	12.47	6.86%	3.68%	―	―

Nisshin Seifun Group Inc. Corporate Events

Nisshin Seifun Restructures, Transfers Healthcare Foods to Oriental Yeast

Nisshin Seifun Group Inc. is restructuring its business portfolio to align with its Medium-Term Management Plan 2026, aiming for sustainable growth. As part of this restructuring, Nisshin Pharma will cease its fine chemicals business and transfer its healthcare foods business to Oriental Yeast Co., Ltd., which is expected to enhance the healthcare foods segment. This move is driven by a challenging business environment for Nisshin Pharma’s fine chemicals and aims to leverage Oriental Yeast’s capabilities in food materials. The restructuring will result in an extraordinary loss of 2,276 million yen, impacting the company’s financial results.

Nisshin Seifun Group Reports Financial Results and Positive Outlook

Nisshin Seifun Group Inc. reported a slight decrease in net sales and operating profit for the fiscal year ending March 31, 2025, compared to the previous year. Despite this, the company increased its dividends per share, indicating a commitment to shareholder returns. The forecast for the next fiscal year shows a modest growth in net sales and profits, suggesting a positive outlook for the company’s financial performance.

Nisshin Seifun Announces Executive Leadership Change

Nisshin Seifun Group Inc. announced a change in its executive leadership, with Kenji Sakamoto appointed as the new Representative Director and Senior Managing Executive Officer, replacing Naoto Masujima, who will become a Senior Corporate Adviser. This leadership transition is part of the company’s strategic restructuring to enhance its executive framework, potentially impacting its operational efficiency and industry positioning.