Want to see JP:2918 full AI Analyst Report?
Top Page
WARABEYA NICHIYO HOLDINGS Co., Ltd.
(2918)
Select Model
Select Model
Rating:74Outperform
Price Target:
¥3,040.00
▼(-8.43% Downside)
Action:Upgraded
Date:08/06/26
The score is driven primarily by solid fundamentals (steady revenue growth, improved 2026 earnings, and significantly stronger leverage after debt reduction), supported by attractive valuation (low P/E and high dividend yield). Technical indicators are more neutral, with price still below longer-term moving averages, limiting the overall upside signal.
Positive Factors
Steady revenue growth and earnings step-up
Consistent top-line growth from 2023–2026 with a notable earnings step-up in 2026 indicates durable demand for ready-to-eat products and some operational leverage. Over a multi-quarter horizon this supports sustained cash generation, helps absorb cyclical dips, and provides a platform for margin recovery.
Negative Factors
Thin and volatile profitability
Reported margins are structurally thin and operating profitability has swung year-to-year. Low margin levels restrict the company’s buffer against commodity, labor, or logistics inflation, reducing internal capacity to fund growth or absorb shocks without cost pass-through or margin dilution.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady revenue growth and earnings step-up
Consistent top-line growth from 2023–2026 with a notable earnings step-up in 2026 indicates durable demand for ready-to-eat products and some operational leverage. Over a multi-quarter horizon this supports sustained cash generation, helps absorb cyclical dips, and provides a platform for margin recovery.
Read all positive factors
WARABEYA NICHIYO HOLDINGS Co., Ltd. (2918) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥48.64B
Dividend Yield4.31%
Average Volume (3M)60.86K
Price to Earnings (P/E)10.1
Beta (1Y)0.51
Revenue Growth4.19%
EPS Growth77.84%
CountryJP
Employees1,960
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)307.38
Shares Outstanding17,625,660
10 Day Avg. Volume81,240
30 Day Avg. Volume60,860
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)1.01
Price to Sales (P/S)0.26
P/FCF Ratio19.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)311.85
Revenue Forecast (FY)¥241.30B
WARABEYA NICHIYO HOLDINGS Co., Ltd. Business Overview & Revenue Model
Company Description
Warabeya Nichiyo Holdings Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of food products for convenience stores in Japan and internationally. It operates through Food Production Business; Food Materials Business; L...
How the Company Makes Money
The company makes money mainly by producing prepared foods (e.g., ready-to-eat meals and other convenience-oriented items) and selling them to retail customers, with revenue recognized from the shipment/delivery of these products under supply agre...
WARABEYA NICHIYO HOLDINGS Co., Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
78
Positive
Cash Flow
67
Positive
| Breakdown | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 233.83B | 222.47B | 207.01B | 194.42B | 192.33B |
| Gross Profit | 43.13B | 37.84B | 36.95B | 33.51B | 32.11B |
| EBITDA | 14.76B | 11.68B | 11.01B | 9.07B | 10.09B |
| Net Income | 5.34B | 2.68B | 4.27B | 2.81B | 3.26B |
Balance Sheet | |||||
| Total Assets | 131.74B | 120.92B | 101.96B | 92.68B | 82.18B |
| Cash, Cash Equivalents and Short-Term Investments | 10.38B | 8.45B | 8.12B | 11.19B | 9.67B |
| Total Debt | 36.48B | 34.24B | 21.66B | 15.15B | 9.31B |
| Total Liabilities | 69.60B | 61.80B | 47.65B | 41.15B | 34.28B |
| Stockholders Equity | 59.42B | 56.67B | 53.30B | 50.50B | 47.56B |
Cash Flow | |||||
| Free Cash Flow | 3.15B | -5.28B | -3.70B | 332.00M | 4.28B |
| Operating Cash Flow | 16.96B | 12.48B | 9.37B | 7.43B | 8.11B |
| Investing Cash Flow | -13.48B | -20.67B | -13.54B | -7.54B | -3.96B |
| Financing Cash Flow | -1.86B | 8.26B | 845.00M | 692.00M | -3.55B |
WARABEYA NICHIYO HOLDINGS Co., Ltd. Technical Analysis
Positive
3320.00
Price Trends
2653.02
Positive
2760.37
Positive
3011.96
Negative
Market Momentum
28.70
Positive
56.81
Neutral
26.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2918, the sentiment is Positive. The current price of 3320 is above the 20-day moving average (MA) of 2734.10, above the 50-day MA of 2653.02, and above the 200-day MA of 3011.96, indicating a neutral trend. The MACD of 28.70 indicates Positive momentum. The RSI at 56.81 is Neutral, neither overbought nor oversold. The STOCH value of 26.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2918.
WARABEYA NICHIYO HOLDINGS Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥48.64B | 10.09 | ― | 3.20% | 4.19% | 77.84% | |
67 Neutral | ¥4.65T | 35.88 | 18.38% | 0.94% | 3.47% | 100.13% | |
65 Neutral | ¥13.52B | 8.90 | ― | 1.43% | 5.88% | 180.90% | |
63 Neutral | ¥558.68B | 20.20 | 10.08% | 2.58% | 2.00% | 12.21% | |
63 Neutral | ¥260.03B | 13.76 | ― | 2.61% | 8.35% | 54.38% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | ¥36.43B | 365.33 | ― | 1.65% | -0.17% | -70.23% |
* Consumer Defensive Sector Average
JP:2918
WARABEYA NICHIYO HOLDINGS Co., Ltd.
2,769.00
124.19
4.70%
JP:2802
Ajinomoto Co
5,196.00
1,243.43
31.46%
JP:2871
Nichirei Corporation
2,226.50
563.71
33.90%
JP:2296
Itoham Yonekyu Holdings, Inc.
4,935.00
-480.90
-8.88%
JP:2910
Rock Field Co., Ltd.
1,367.00
-187.64
-12.07%
JP:3392
DELICA FOODS HOLDINGS CO. LTD.
826.00
116.78
16.47%
WARABEYA NICHIYO HOLDINGS Co., Ltd. Corporate Events
Warabeya Nichiyo Posts Higher Sales but Lower Profit Amid Plant Disruptions
Jul 7, 2026
Warabeya Nichiyo reported higher net sales but lower operating profit in the first quarter of FY2/2027, as increased manufacturing costs outweighed benefits from a review of product standards. The mixed performance highlights margin pressure despi...
Warabeya Nichiyo Posts Profit Slump Amid Modest Sales Growth, Keeps Dividend Steady
Jul 7, 2026
Warabeya Nichiyo Holdings reported first-quarter consolidated net sales of ¥58.35 billion, up 1.5% year on year, but operating profit fell 26.4% to ¥1.65 billion and profit attributable to owners of parent dropped 36.6% to ¥963 mill...
Warabeya Nichiyo Updates Capital-Efficient, Stock Price–Conscious Management Measures
May 27, 2026
Warabeya Nichiyo Holdings has announced that its Board of Directors has updated previously disclosed measures to promote management practices that are more conscious of cost of capital and stock price. The decision reflects a continued focus on en...
Warabeya Nichiyo Details Cause and Recovery Plan After Sapporo Plant Fire
May 27, 2026
Warabeya Nichiyo Holdings has issued a third update on the February 16 fire at its Sapporo Plant, now operated by Warabeya Hokkaido Co., Ltd., which caused minor injury to one person and damaged part of the building and production equipment. The c...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.