NH Foods (2282) AI Stock Analysis

• Market Cap: ¥685.60B
• Dividend Yield: 2.04%
• Average Volume (3M): 418.49K
• Price to Earnings (P/E): 21.7
• Beta (1Y): 0.19
• Revenue Growth: 5.55%
• EPS Growth: 27.03%
• Country: JP
• Employees: 15,429
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 235.20
• Shares Outstanding: 99,095,000
• 10 Day Avg. Volume: 401,560
• 30 Day Avg. Volume: 418,490
• PEG Ratio: -4.90
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 12.21
• 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: ¥7,000.00
• Price Target Upside: 21.89% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: ¥7,512.00 ▲(30.80% Upside)

NH Foods presents a solid investment opportunity with strong financial fundamentals and positive technical indicators. The company's robust balance sheet and consistent revenue growth are significant strengths. While the valuation is fair, there is room for improvement in profitability and cash flow conversion efficiency.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial stability.

Balance Sheet Health

A strong balance sheet with a low debt-to-equity ratio provides financial flexibility and reduces risk, supporting sustainable growth.

Cash Generation

Strong cash generation enhances the company's ability to invest in growth opportunities and weather economic downturns.

Negative Factors

Profitability

Low net profit margins indicate challenges in converting revenue into profit, potentially limiting reinvestment and shareholder returns.

Cash Flow Conversion

Inefficient conversion of earnings to free cash flow may hinder the company's ability to fund operations and growth initiatives.

Return on Equity

A modest ROE suggests limited efficiency in generating returns from equity, which could impact investor confidence and capital attraction.

NH Foods Business Overview & Revenue Model

Company Description

NH Foods Ltd. (2282) is a leading Japanese food company primarily engaged in the processing and distribution of meat products, including pork, beef, and chicken. The company operates across various sectors, such as processed foods, fresh foods, and dairy products, offering a wide range of consumer goods and ingredients. NH Foods is known for its commitment to quality and safety, and it also invests in research and development to innovate new products that meet changing consumer preferences.

How the Company Makes Money

NH Foods generates revenue through multiple key streams, primarily from the sale of its processed meat products, which includes packaged meats, sausages, and ready-to-eat meals. The company also earns income from its fresh food segment, which encompasses the sale of fresh meat and seafood. In addition, NH Foods has a dairy division that contributes to its overall revenue through the sale of dairy products. Significant partnerships with retailers, food service providers, and international markets enhance its distribution network, allowing the company to reach a broader customer base. Factors contributing to its earnings include the growing demand for convenient and high-quality food products, strategic acquisitions, and an emphasis on sustainability in its supply chain.

NH Foods Financial Statement Overview

Summary

NH Foods exhibits a solid financial position with consistent revenue growth and stable margins. The balance sheet is robust with a healthy debt-to-equity ratio, and the company shows strong cash flow generation. However, there is room for improvement in profitability and efficiency in converting earnings to free cash flow.

Income Statement

NH Foods shows a steady revenue growth trajectory with a TTM revenue growth rate of 1.63%. The gross profit margin is stable at around 16%, indicating efficient cost management. However, the net profit margin is relatively low at 1.80%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are moderate, reflecting consistent operational performance.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.43, indicating a balanced approach to leveraging. The return on equity is modest at 4.75%, suggesting moderate efficiency in generating returns from equity. The equity ratio stands at approximately 55%, showing a strong equity base relative to total assets.

Cash Flow

NH Foods demonstrates a positive free cash flow growth rate of 21.5% in the TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.35, reflecting adequate cash flow relative to earnings. However, the free cash flow to net income ratio of 0.60 suggests potential constraints in converting earnings to free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.41T	1.37T	1.30T	1.26T	1.15T	1.11T
Gross Profit	234.66B	220.38B	203.63B	177.03B	200.03B	211.73B
EBITDA	94.76B	82.39B	82.17B	59.56B	80.31B	81.71B
Net Income	31.91B	26.59B	28.08B	16.64B	48.05B	32.62B
Balance Sheet
Total Assets	965.17B	949.27B	958.24B	937.15B	909.21B	825.40B
Cash, Cash Equivalents and Short-Term Investments	90.57B	71.56B	65.47B	74.08B	85.37B	83.83B
Total Debt	231.97B	223.90B	214.85B	242.06B	211.41B	193.75B
Total Liabilities	419.63B	412.20B	419.04B	434.37B	419.66B	381.10B
Stockholders Equity	530.32B	524.29B	527.50B	492.91B	479.07B	433.60B
Cash Flow
Free Cash Flow	66.37B	41.47B	38.11B	-70.93B	-11.09B	23.12B
Operating Cash Flow	97.53B	77.44B	86.59B	11.33B	33.39B	82.52B
Investing Cash Flow	-36.78B	-42.72B	-39.22B	-63.68B	-22.84B	-57.83B
Financing Cash Flow	-60.34B	-29.85B	-53.19B	28.42B	-12.16B	-14.93B

NH Foods Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5743.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2282, the sentiment is Positive. The current price of 5743 is below the 20-day moving average (MA) of 6893.25, below the 50-day MA of 6802.84, and below the 200-day MA of 5801.79, indicating a bullish trend. The MACD of 77.26 indicates Positive momentum. The RSI at 56.83 is Neutral, neither overbought nor oversold. The STOCH value of 30.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2282.

NH Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2871	72 Outperform	¥484.68B	18.52	9.86%	2.58%	1.08%	2.71%
2288	72 Outperform	¥57.78B	12.75	6.48%	2.27%	1.46%	―
2282	70 Outperform	¥685.60B	21.67	6.04%	2.04%	5.55%	27.03%
8043	66 Neutral	¥77.25B	6.15	―	2.92%	5.18%	90.21%
2264	65 Neutral	¥353.04B	31.58	―	2.42%	2.33%	-8.76%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2296	62 Neutral	¥318.61B	20.87	―	2.61%	6.54%	15.08%

NH Foods Corporate Events

NH Foods Advances Share Buyback, Reaching Over Half of Authorized Limit

NH Foods has continued its share buyback program authorized by its board in May 2025, acquiring 476,100 common shares on the Tokyo Stock Exchange between December 1 and December 31, 2025 for a total of ¥3.22 billion. Under the broader approved framework allowing purchases of up to 6 million shares or ¥30 billion through March 31, 2026, the company has cumulatively repurchased 3,414,000 shares for about ¥20.1 billion by the end of December, signaling an ongoing effort to enhance shareholder returns and optimize its capital structure.

The most recent analyst rating on (JP:2282) stock is a Buy with a Yen7512.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.

NH Foods Ltd. Advances Treasury Stock Acquisition Strategy

NH Foods Ltd. announced the acquisition of 512,100 shares of its treasury stock, valued at approximately 3.42 billion yen, through market purchases on the Tokyo Stock Exchange during November 2025. This acquisition is part of a broader strategy approved by the Board of Directors to acquire up to 6 million shares by March 2026, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:2282) stock is a Hold with a Yen7000.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.

NH Foods Ltd. Advances Treasury Stock Acquisition Strategy

NH Foods Ltd. announced the acquisition of 752,500 treasury stocks valued at approximately 4.37 billion yen, as part of a broader plan authorized by its Board of Directors to acquire up to 6 million shares by March 2026. This strategic move is intended to enhance shareholder value and optimize capital structure, reflecting the company’s proactive approach to managing its financial resources.

The most recent analyst rating on (JP:2282) stock is a Hold with a Yen5861.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.

NH Foods Adjusts Forecast with Positive Outlook for 2026

NH Foods Ltd. has adjusted its forecast for the fiscal year ending March 31, 2026, reflecting an increase in expected net sales and profits. The adjustments are driven by higher unit prices for domestic chicken and strong sales of Australian beef, leading to improved business profits and increased earnings per share.

The most recent analyst rating on (JP:2282) stock is a Hold with a Yen5861.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.

NH Foods Reports Strong Financial Growth and Upward Forecast Adjustments

NH Foods Ltd. reported a significant improvement in its financial performance for the six months ended September 30, 2025, with net sales increasing by 5.7% to 722,599 million yen. The company also experienced a notable rise in business profit and profit before tax, reflecting a strong recovery from the previous fiscal year. This positive trend is expected to continue, as the company has adjusted its full-year forecast upwards, anticipating further growth in net sales and profits. These results and projections indicate a robust position for NH Foods in the market, potentially benefiting stakeholders and reinforcing its competitive standing in the food industry.

The most recent analyst rating on (JP:2282) stock is a Hold with a Yen5861.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.