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FEED ONE CO
(OTC:2060)
FEED ONE CO (2060) vs. iShares MSCI Japan ETF (EWJ)
FEED ONE CO Business Overview & Revenue Model
FEED ONE CO Financial Statement Overview
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 301.03B | 313.88B | 307.91B | 243.20B | 214.12B | 215.05B |
| Gross Profit | 32.44B | 30.72B | 22.69B | 22.71B | 21.96B | 23.65B |
| EBITDA | 12.25B | 11.00B | 4.66B | 7.49B | 8.83B | 7.93B |
| Net Income | 5.54B | 5.08B | 1.03B | 3.66B | 4.44B | 3.84B |
Balance Sheet | ||||||
| Total Assets | 90.83B | 131.04B | 127.91B | 108.50B | 99.25B | 90.88B |
| Cash, Cash Equivalents and Short-Term Investments | 2.26B | 10.88B | 7.38B | 3.50B | 2.89B | 2.72B |
| Total Debt | 31.00B | 32.49B | 36.80B | 22.71B | 21.80B | 21.39B |
| Total Liabilities | 64.52B | 80.18B | 82.60B | 63.66B | 56.46B | 51.97B |
| Stockholders Equity | 26.04B | 50.28B | 44.77B | 44.30B | 42.29B | 38.49B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 8.49B | -9.89B | 116.00M | 701.00M | -6.23B |
| Operating Cash Flow | 0.00 | 11.14B | -7.82B | 2.74B | 7.74B | 1.13B |
| Investing Cash Flow | 0.00 | -2.17B | -1.19B | -952.00M | -5.99B | -7.47B |
| Financing Cash Flow | 0.00 | -5.47B | 12.88B | -1.17B | -1.55B | 6.51B |
FEED ONE CO Technical Analysis
FEED ONE CO Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥37.09B | 10.49 | 2.69% | 11.22% | 49.40% | ||
77 Outperform | ¥32.06B | 16.47 | 1.15% | 3.87% | 5.01% | ||
76 Outperform | ¥38.50B | 7.39 | 10.15% | 4.08% | -5.68% | 5.93% | |
74 Outperform | ¥33.49B | 14.21 | 2.75% | 10.57% | 4.52% | ||
69 Neutral | ¥48.75B | 13.48 | 3.33% | -10.41% | 5.26% | ||
67 Neutral | ¥18.13B | 6.44 | 4.66% | 7.49% | 97.16% | ||
65 Neutral | €15.44B | 13.39 | -4.03% | 3.80% | -1.58% | -101.37% |
FEED ONE CO Corporate Events
FEED ONE CO., LTD. has entered into a syndicated loan agreement to bolster its financial structure in anticipation of future capital investments and to refinance existing loans. This agreement, involving a 10 billion yen loan, is expected to have a minor impact on the company’s financial results for the fiscal year ending March 2026.
FEED ONE CO., LTD. has announced its relationship with Mitsui & Co., Ltd., highlighting that while Mitsui holds a significant share, FEED ONE maintains its independence in management and operations. The announcement underscores the cooperative relationship between the two companies, with Mitsui providing raw materials and acting as a sales agent, yet ensuring transactions are conducted at market prices to preserve FEED ONE’s autonomy.
FEED ONE CO., LTD. announced the construction of a new aquaculture feed factory in Toyokawa, Aichi, as part of its Medium-term Management Plan 2026. This strategic move aims to enhance competitiveness, advance R&D, and support the sustainable growth of the aquaculture industry by transferring production from the Chita factory. The project involves a significant investment of approximately 13 billion yen and is expected to be completed by April 2028, with minimal impact on the company’s financial results for the fiscal year ending March 2026.
FEED ONE CO., LTD. has announced a resolution to pay a dividend from surplus with a record date of March 31, 2025. The dividend per share is set at 21 yen, reflecting an increase from the previous period’s 14 yen 50 sen. This decision aligns with the company’s policy to maintain a consolidated dividend payout ratio of 25% or more, ensuring stable dividends and strengthening its financial position for long-term growth.
FEED ONE CO., LTD. reported a decline in its consolidated financial results for the fiscal year ended March 31, 2025, with net sales decreasing by 5.7% and operating profit dropping by 18.1% compared to the previous year. Despite these declines, the company increased its annual dividend per share to 35.50 yen and forecasts a recovery in sales and profits for the next fiscal year, indicating a positive outlook for stakeholders.
FEED ONE CO., LTD. announced revisions to its dividend forecast for the fiscal year ending March 2025, increasing the year-end dividend per share from 15.0 yen to 21.0 yen, resulting in an annual dividend of 35.5 yen per share. The company also changed its dividend policy to target a consolidated dividend on equity (DOE) ratio of 3% from the fiscal year ending March 2026, emphasizing progressive dividends and enhanced retained earnings. Additionally, to commemorate the 10th anniversary of its full integration, the company plans to pay a commemorative dividend in the fiscal year ending March 2026.
FEED ONE CO., LTD. announced a merger between its wholly owned subsidiaries, Kashima Feed One Hanbai Co., Ltd. and Tokai Feed One Hanbai Co., Ltd., with Kashima Feed One Hanbai as the surviving entity. This strategic move is part of the company’s Mid-term Management Plan 2026, aimed at strengthening sales capabilities and optimizing management resources in the livestock feed business. The merger is expected to have a minor impact on the company’s consolidated financial results.