Kameda Seika Co., Ltd. (2220) AI Stock Analysis

• Market Cap: ¥77.69B
• Dividend Yield: 2.28%
• Average Volume (3M): 30.86K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.26
• Revenue Growth: 8.09%
• EPS Growth: 140.01%
• Country: JP
• Employees: 4,040
• Sector: Consumer Defensive
• Sector Strength: 69
• Industry: Packaged Foods
• EPS (TTM): 90.38
• Shares Outstanding: 22,318,650
• 10 Day Avg. Volume: 37,680
• 30 Day Avg. Volume: 30,863
• PEG Ratio: -0.86
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 173.52
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ¥4,204.00 ▲(14.24%Upside)

Kameda Seika Co., Ltd. scores well on financial performance, showcasing robust revenue growth and a strong balance sheet. However, technical analysis indicates bearish trends, and valuation metrics suggest the stock is fairly priced. These mixed signals result in a moderate overall stock score.

Kameda Seika Co., Ltd. Business Overview & Revenue Model

Company Description

Kameda Seika Co.,Ltd. manufactures and sells rice crackers and snacks in Japan. It offers food, preservation food, low-protein rice, easy-to-eat rice porridge, rice based food, and food supplement products; and operates Kakitane Kitchen, a specialty shop for souvenir and gift products, as well as produces, processes and sells agricultural products. The company also imports and exports food products. In addition, it provides freight transportation services; and warehousing services, as well as engages in selling and repairing automobiles. The company offers its products under the KAMEDA no Kaki no Tane, Happy Turn, Usuyaki, KAMEDA no Magari Senbei, Potapota Yaki, Soft Salad, Teshioya, Waza no Kodawari, Katabutsu, HaiHain, Arare Toyosu, Edo Sen Sharaku, and Nikko Mochi Honpo brands. It sells its products through supermarkets; convenience, department, and drug stores; and discount and 100-yen shops. Kameda Seika Co.,Ltd. was founded in 1946 and is headquartered in Niigata, Japan.

How the Company Makes Money

Kameda Seika Co., Ltd. generates revenue primarily through the sale of its rice-based snack products. The company's revenue model is centered around both domestic and international markets, with products sold through a variety of channels including supermarkets, convenience stores, and online platforms. Kameda Seika has established partnerships and distribution agreements that facilitate its reach to a broad consumer base. The company also invests in marketing and brand development to enhance its market position. Additionally, the company may engage in collaborations or joint ventures to expand its product offerings and enter new markets, contributing to its overall earnings.

Kameda Seika Co., Ltd. Financial Statement Overview

Summary

Kameda Seika Co., Ltd. demonstrates solid financial performance with strong revenue growth and improved profitability. The balance sheet is robust with moderate leverage. However, there is room for improvement in free cash flow management.

Income Statement

Kameda Seika Co., Ltd. shows strong revenue growth with an increase from ¥95.53 billion in 2024 to ¥103.26 billion in 2025, a growth rate of 8.1%. The gross profit margin improved slightly to 27.2%, reflecting efficient cost management. Net profit margin increased to 5.2%, indicating improved profitability. The EBIT and EBITDA margins are stable, showing consistent operational efficiency.

Balance Sheet

The company's balance sheet is robust with a strong equity base, as indicated by an equity ratio of 61%. The debt-to-equity ratio is manageable at 0.33, suggesting moderate leverage. Return on Equity (ROE) increased to 7.2%, demonstrating effective use of equity to generate profit. The company maintains a healthy liquidity position with a good cash and short-term investments balance.

Cash Flow

Operating cash flow remains strong at ¥9.44 billion, although free cash flow decreased to ¥1.54 billion due to higher capital expenditures. The operating cash flow to net income ratio of 1.74 indicates strong cash generation capability relative to net income. The company needs to focus on improving free cash flow to net income conversion.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
102.70B	103.26B	95.53B	94.99B	85.16B	103.31B
	Gross Profit
28.45B	28.07B	25.77B	24.53B	23.88B	44.63B
	EBIT
5.86B	5.50B	4.47B	3.56B	4.86B	5.62B
	EBITDA
9.33B	12.57B	11.38B	9.66B	11.39B	10.31B
	Net Income Common Stockholders
3.79B	5.42B	2.26B	1.89B	4.42B	4.76B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.79B	10.10B	9.22B	8.28B	6.87B	6.51B
	Total Assets
126.00B	123.86B	120.51B	111.18B	102.95B	92.89B
	Total Debt
0.00	24.72B	23.78B	23.52B	19.12B	15.67B
	Net Debt
0.00	16.60B	16.34B	15.24B	12.25B	9.16B
	Total Liabilities
49.82B	44.95B	46.79B	43.19B	37.23B	32.99B
	Stockholders Equity
74.03B	75.59B	69.94B	64.86B	63.42B	58.22B
Cash Flow		Free Cash Flow
0.00	1.54B	1.96B	534.00M	-236.00M	2.58B
	Operating Cash Flow
0.00	9.44B	9.73B	8.29B	8.30B	8.67B
	Investing Cash Flow
0.00	-7.83B	-8.14B	-8.44B	-9.84B	-6.34B
	Financing Cash Flow
0.00	-1.22B	-1.25B	972.00M	1.20B	-257.00M

Kameda Seika Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3680.00
• 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:2220, the sentiment is Negative. The current price of 3680 is below the 20-day moving average (MA) of 3756.50, below the 50-day MA of 3864.90, and below the 200-day MA of 4057.38, indicating a bearish trend. The MACD of -59.10 indicates Positive momentum. The RSI at 32.07 is Neutral, neither overbought nor oversold. The STOCH value of 21.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2220.

Kameda Seika Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2220	70 Outperform	¥77.69B	14.34		2.28%	8.09%	140.01%
Sector *	65 Neutral	$8.88B	15.01	4.67%	6.15%	3.61%	-2.60%
5EJ		€1.83B	51.66	2.04%	1.99%	―	―
2805	79 Outperform	¥79.14B	9.73		1.22%	-2.31%	12.63%
2226	70 Outperform	¥50.09B	19.34		1.17%	8.31%	17.33%
2811	68 Neutral	¥263.15B	16.71		1.93%	25.63%	-24.35%
2264	63 Neutral	¥292.46B	51.04		2.73%	2.58%	-90.55%

Kameda Seika Co., Ltd. Corporate Events

Kameda Seika to Acquire Full Ownership of TH FOODS, INC.

Kameda Seika Co., Ltd. has resolved to acquire additional shares of TH FOODS, INC., converting it into a wholly owned subsidiary. This strategic move, involving a transaction with Mitsubishi Corporation, aims to strengthen Kameda Seika’s operational control and expand its market influence, potentially impacting stakeholders and enhancing its industry positioning.

Kameda Seika Revises Full-Year Forecasts with Increased Net Income

Kameda Seika Co., Ltd. has revised its full-year consolidated performance forecasts for the fiscal year ending March 31, 2025. The revision includes an increase in net income attributable to owners of the parent, driven by a deferred tax gain from the decision to transfer shares of a subsidiary. This adjustment reflects strategic financial maneuvers that could enhance the company’s profitability and market positioning.

Kameda Seika Continues Anti-Takeover Measures to Protect Shareholder Interests

Kameda Seika Co., Ltd. has announced the continuation of its anti-takeover measures, initially implemented in 2007, to protect corporate value and shareholder interests. This decision, subject to shareholder approval, involves minor adjustments to the plan’s scope but retains its fundamental structure, ensuring the company remains safeguarded against potentially harmful large-scale share purchases.

Kameda Seika Proposes Amendment to Expand Business Activities

Kameda Seika Co., Ltd. has announced a proposal for a partial amendment to its Articles of Incorporation, which will be presented at the upcoming shareholders’ meeting. This amendment aims to expand the company’s business activities by including the production, processing, and sales of rice and other agricultural products, reflecting its strategic focus on future business development.

Kameda Seika Reports Strong FY2024 Results but Anticipates Challenges Ahead

Kameda Seika Co., Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing an 8.1% increase in net sales and a significant 140% rise in net income attributable to owners of the parent. The company’s operating income also grew by 23.1%, indicating strong operational performance. Despite these positive results, the company forecasts a slight decline in net sales and a substantial decrease in net income for the fiscal year ending March 31, 2026, suggesting potential challenges ahead. The dividend per share increased slightly, reflecting the company’s commitment to returning value to shareholders.

Kameda Seika Transfers Subsidiary to Focus on Strategic Growth

Kameda Seika Co., Ltd. has decided to transfer all shares of its subsidiary, Mary’s Gone Crackers, Inc., to Rosseau Incorporated, a subsidiary of Canadian company Dare Foods Limited. This decision comes as part of Kameda’s strategy to focus its resources on growing TH Foods, Inc., another subsidiary, to achieve better synergies. The move is expected to help Kameda strengthen its position in the USA market and align with its long-term goal of becoming a ‘Rice Innovation Company’ by maximizing the potential of rice products.