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Yomeishu Seizo Co., Ltd.
(2540)
Yomeishu Seizo Co., Ltd. (2540) vs. iShares MSCI Japan ETF (EWJ)
Yomeishu Seizo Co., Ltd. Business Overview & Revenue Model
Yomeishu Seizo Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.99B | 10.02B | 10.24B | 10.65B | 10.58B | 10.38B |
| Gross Profit | 5.63B | 5.42B | 6.14B | 6.60B | 6.68B | 6.39B |
| EBITDA | 2.13B | 1.70B | 1.97B | 2.01B | 1.97B | 1.68B |
| Net Income | 784.26M | 679.58M | 952.82M | 1.02B | 949.90M | 807.56M |
Balance Sheet | ||||||
| Total Assets | 52.55B | 53.52B | 54.42B | 49.56B | 48.61B | 47.87B |
| Cash, Cash Equivalents and Short-Term Investments | 5.05B | 5.71B | 8.15B | 8.93B | 5.89B | 9.14B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 6.92B | 7.46B | 7.77B | 6.77B | 6.43B | 6.31B |
| Stockholders Equity | 45.63B | 46.06B | 46.64B | 42.79B | 42.18B | 41.56B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -2.67B | -1.92B | 1.36B | 1.29B | 752.61M |
| Operating Cash Flow | 0.00 | 473.12M | 667.52M | 1.75B | 1.81B | 1.41B |
| Investing Cash Flow | 0.00 | -1.19B | 2.31B | -1.45B | -1.40B | -217.20M |
| Financing Cash Flow | 0.00 | -623.03M | -760.15M | -554.77M | -551.81M | -551.50M |
Yomeishu Seizo Co., Ltd. Technical Analysis
Yomeishu Seizo Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥70.35B | 9.73 | ― | 3.63% | 1.78% | 19.50% | |
65 Neutral | ¥62.22B | 17.76 | ― | 0.65% | 17.33% | 12.37% | |
64 Neutral | ¥12.75B | 8.48 | ― | 3.94% | 11.47% | 29.21% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | ¥55.79B | 75.31 | ― | 0.95% | -0.50% | -18.80% | |
51 Neutral | ¥84.07B | -27.57 | ― | 1.01% | 6.00% | -139.78% | |
48 Neutral | ¥52.50B | -63.89 | ― | ― | 3.68% | ― |
Yomeishu Seizo Co., Ltd. Corporate Events
Yomeishu Seizo’s board has endorsed a tender offer for its common shares by Reno Co., Ltd., while leaving individual shareholders free to decide whether to tender. The transaction is intended to take the company private and ultimately delist its shares from the Tokyo Stock Exchange.
The offer, priced at 4,050 yen per share, forms part of a multi-step restructuring that will result in Tsumura becoming Yomeishu’s sole shareholder after a series of post-offer procedures. The largest shareholder, Yuzawa Co., Ltd., has agreed not to tender its stake but will support squeeze-out measures, signaling a coordinated move toward consolidation and ownership realignment.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Reno, Inc. has launched a tender offer to acquire common shares of Yomeishu Seizo Co., Ltd., aiming to purchase up to 9,282,257 shares at 4,050 yen per share. The offer period runs from February 25 to April 8, 2026, with settlement scheduled to begin on April 15, positioning Reno to potentially obtain significant influence or control over the TSE Prime-listed health beverage maker.
The tender offer could reshape Yomeishu Seizo’s shareholder structure and strategic direction, with implications for its governance and long-term positioning in Japan’s health-oriented beverages market. Existing shareholders are presented with an exit opportunity at a defined premium price, while the outcome may signal further consolidation or strategic investment activity within the sector.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Yomeishu Seizo has warned it will book significant extraordinary losses for the fiscal year ending March 31, 2026, driven by about ¥380 million in tender offer-related advisory and legal costs and a ¥2.93 billion impairment on underperforming CLASUWA-related assets. As a result, the company has sharply revised its non-consolidated net income forecast from a ¥840 million profit to a ¥1.64 billion loss, and decided to cut its year-end dividend for fiscal 2026 to zero, terminate its shareholder benefit program from fiscal 2027, and abandon its mid-term management plan, moves that underscore a major strategic reset as it supports a tender offer that is expected to lead to delisting and a shift to a single controlling shareholder.
The board has expressed support for the tender offer by Reno Co., Ltd., which aims to reduce Yomeishu’s shareholder base to a single stakeholder, TSUMURA & CO., implying a transition away from the public market and potentially reshaping governance and capital policy. These changes signal heightened short-term financial pressure and the end of existing shareholder return frameworks, with material implications for minority investors as the company reorients its strategy under an anticipated new ownership structure.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Yomeishu Seizo Co., Ltd. has resolved at a recent board meeting to sell one unlisted investment security at the request of the investee company. The transaction, scheduled for April 2026, is expected to generate a gain on sale of 485 million yen, which will be recognized as extraordinary income.
The gain will be booked in the three months ending June 30, 2026, and will impact results for the fiscal year ending March 31, 2027. This one-off profit bolsters Yomeishu Seizo’s earnings profile and may temporarily enhance its financial position, although it does not reflect changes in its core beverage and health-products operations.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Yomeishu Seizo Co., Ltd. has resolved to participate in a tender offer launched by Taiyo Kosan Co., Inc. for all 101,000 shares of Hisamitsu Pharmaceutical Co., Inc. that it currently holds as strategic equity, citing the offer’s reasonable pricing and the Hisamitsu board’s support as factors that enhance its own corporate value. The shares will be tendered at 6,082 yen per share, for expected proceeds of about 614 million yen and an extraordinary gain of 413 million yen in the fiscal year ending March 31, 2026, though the company says its earnings forecast remains unchanged because gains from selling strategically held shares were already factored into its guidance.
The tender offer runs from January 7 to February 19, 2026, with settlement scheduled to begin on February 27, 2026, after which Yomeishu will hold no Hisamitsu shares. The move underscores a continued shift away from cross-shareholdings in Japan and signals Yomeishu’s efforts to optimize its portfolio and improve capital efficiency, while giving investors clearer visibility on the treatment of one-off gains in its current fiscal-year outlook.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Yomeishu Seizo has clarified that recent Nikkei reports suggesting the company is considering going private, divesting certain businesses including its core Yomeishu business, and potentially involving Tsumura & Co. as a buyer are not based on any official company announcement. The company reiterated that, as previously disclosed, it is in discussions with its largest shareholder, Yuzawa, about specific methods for privatization and possible divestiture of some operations, but emphasized that no decisions have been made on transaction terms or prospective buyers, and pledged to promptly disclose any material decisions, underscoring ongoing strategic uncertainty for shareholders and business partners.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
For the nine months ended December 31, 2025, Yomeishu Seizo reported non-consolidated net sales of ¥7.33 billion, down 5.2% year on year, but achieved sharp profit recovery, with operating profit up 28.5% to ¥128 million, ordinary profit up 27.3% to ¥728 million, and net profit up 15.0% to ¥488 million, lifting basic earnings per share to ¥35.22. The company’s financial position remains strong, with total assets of ¥57.72 billion, equity of ¥48.88 billion and an equity ratio of 84.7%, and it is maintaining its previously announced full-year forecast for FY2025/26, including net sales of ¥9.63 billion, profit growth and an annual dividend of ¥45 per share, signaling continued commitment to shareholder returns despite modest top-line decline.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen4449.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Yomeishu Seizo has ended exclusive privatization talks with U.S. private equity fund KKR after concluding that KKR’s tender offer proposals were unlikely to be completed due to the firm stance of its largest shareholder, Yuzawa KK, which supports privatization but refuses to sell its stake. KKR’s initial and revised offers, centered on an indicated equity value of ¥4,021 per share and a tender offer structure dependent on Yuzawa’s participation, were rejected by Yuzawa, prompting Yomeishu to let KKR’s preferred negotiating rights lapse and effectively ruling out a KKR-led tender offer. The company, which has been running an “active market check” since mid‑2025 to explore value-enhancing options including going private, will now negotiate directly with Yuzawa on a Yuzawa-led privatization structure under which Yuzawa remains a shareholder, with an understood expectation that any transaction terms, including price per share, exceed those in the KKR proposal. Yomeishu also plans, in conjunction with Yuzawa, to consider transferring its businesses after privatization to a “best owner,” signaling potential future strategic realignment or asset transfers that could reshape the company’s ownership and operational structure for stakeholders.
The most recent analyst rating on (JP:2540) stock is a Hold with a Yen5064.00 price target. To see the full list of analyst forecasts on Yomeishu Seizo Co., Ltd. stock, see the JP:2540 Stock Forecast page.
Yomeishu Seizo has clarified that a recent Bloomberg report suggesting the company is set to be privatized via a tender offer as early as January 2026 is not based on any official company announcement. While the company acknowledged that it has granted U.S. private equity firm KKR exclusive negotiation rights in a bidding process concerning a potential privatization, it emphasized that no decision has been made on launching a tender offer and that there is currently no prospect of such an offer occurring in January 2026. Yomeishu stated that any material decisions requiring disclosure will be announced promptly, signaling that discussions remain exploratory and that key terms and timing of any potential transaction are still uncertain for shareholders and other stakeholders.