KIBUN FOODS INC. (2933) AI Stock Analysis

• Market Cap: ¥24.72B
• Dividend Yield: 1.84%
• Average Volume (3M): 17.59K
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.43
• Revenue Growth: 2.09%
• EPS Growth: -8.76%
• Country: JP
• Employees: 2,554
• Sector: Consumer Defensive
• Sector Strength: 53
• Industry: Packaged Foods
• EPS (TTM): 5.22
• Shares Outstanding: 22,829,780
• 10 Day Avg. Volume: 20,610
• 30 Day Avg. Volume: 17,586
• PEG Ratio: -1.52
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥1,173.00
• Price Target Upside: 8.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 70 Neutral
• Price Target: ¥1,173.00 ▲(8.11%Upside)

KIBUN FOODS INC. receives a moderately positive score driven by its strong financial performance, especially in revenue growth and operational efficiency, as well as an attractive valuation with a low P/E ratio and decent dividend yield. The technical indicators suggest stable momentum with no immediate overbought or oversold signals. However, the declining cash flow trend raises potential liquidity concerns that could impact future growth opportunities.

KIBUN FOODS INC. Business Overview & Revenue Model

Company Description

KIBUN FOODS INC. is a Japanese company that operates in the food manufacturing industry. It specializes in producing and distributing processed seafood products, with a focus on traditional Japanese delicacies such as surimi-based products like fish cakes and kamaboko. The company also offers a range of other food items, including side dishes and desserts, catering to both domestic and international markets.

How the Company Makes Money

KIBUN FOODS INC. generates revenue primarily through the production and sale of its food products. The company’s key revenue streams include the domestic market in Japan, where it supplies processed seafood and traditional Japanese food items to supermarkets, restaurants, and food service providers. Additionally, KIBUN FOODS INC. earns income from exports, as its products are popular in various international markets, particularly in regions with a high demand for Japanese cuisine. The company also benefits from strategic partnerships and collaborations with other food manufacturers and distributors to expand its market reach and enhance its product offerings.

KIBUN FOODS INC. Financial Statement Overview

Summary

KIBUN FOODS INC. demonstrates solid revenue growth and stable operational margins, though net income margins have tightened. The balance sheet shows a balanced leverage position with improved return on equity, but cash flow statements indicate potential liquidity issues due to declining free cash flow trends, which could affect future investments and debt servicing capabilities.

Income Statement

KIBUN FOODS INC. has shown a consistent growth in revenue over the years with a TTM gross profit margin of approximately 23.1%, indicating strong cost management. However, the net profit margin decreased to roughly 2.4%, reflecting tighter net income margins despite revenue growth. The EBIT and EBITDA margins are healthy at 4.1% and 6% respectively, showing operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is around 1.34, suggesting moderate leverage. The return on equity has improved significantly to about 12.5%, indicating better utilization of shareholders' funds. The equity ratio stands at 28.6%, showing a stable financial structure with a reasonable equity level supporting total assets.

Cash Flow

Operating cash flow has declined compared to previous years, impacting free cash flow growth, which shows a substantial drop. The operating cash flow to net income ratio has decreased, suggesting challenges in converting net income into cash. While free cash flow remains positive, the declining trend is concerning for future liquidity.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	108.91B	106.68B	105.69B	99.20B	99.85B
Gross Profit	25.13B	24.41B	22.09B	23.04B	24.42B
EBITDA	6.57B	6.38B	4.14B	5.80B	5.51B
Net Income	2.59B	2.84B	442.58M	1.90B	2.58B
Balance Sheet
Total Assets	72.41B	70.99B	63.75B	63.51B	55.45B
Cash, Cash Equivalents and Short-Term Investments	8.80B	8.53B	6.44B	7.63B	4.31B
Total Debt	27.87B	28.63B	29.89B	29.76B	28.50B
Total Liabilities	51.14B	51.79B	49.91B	49.33B	46.57B
Stockholders Equity	20.75B	18.75B	13.50B	13.87B	8.62B
Cash Flow
Free Cash Flow	1.93B	4.52B	-489.43M	-768.65M	4.77B
Operating Cash Flow	3.86B	5.55B	921.17M	155.47M	5.79B
Investing Cash Flow	-1.97B	-871.54M	-1.42B	-871.63M	532.30M
Financing Cash Flow	-1.96B	-2.59B	-755.69M	4.04B	-4.64B

KIBUN FOODS INC. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1085.00
• 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:2933, the sentiment is Positive. The current price of 1085 is above the 20-day moving average (MA) of 1083.05, above the 50-day MA of 1072.08, and above the 200-day MA of 1075.29, indicating a bullish trend. The MACD of 4.20 indicates Positive momentum. The RSI at 53.15 is Neutral, neither overbought nor oversold. The STOCH value of 28.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2933.

KIBUN FOODS INC. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2884	76 Outperform	¥25.31B	13.48		―	16.73%	80.15%
2933	70 Neutral	¥24.72B	9.55		1.84%	2.09%	-8.76%
Sector *	65 Neutral	$26.93B	15.26	-4.27%	3.16%	1.02%	1.89%
2266	65 Neutral	¥24.24B	39.02		1.60%	-3.88%	-39.50%
2804	65 Neutral	¥24.14B	38.32		1.98%	0.93%	330.63%
2819	64 Neutral	¥23.39B	17.53		1.99%	6.08%	-22.00%
2922	62 Neutral	¥25.09B	18.56		1.20%	2.76%	-3.44%

KIBUN FOODS INC. Corporate Events

Kibun Foods Inc. Unveils New Executive Management Structure

Kibun Foods Inc. announced a new executive management structure following its 87th Annual General Meeting of Shareholders. The restructuring includes the appointment of new directors and executive officers, as well as the formation of a new Nomination and Compensation Committee. This change is expected to enhance the company’s governance and operational efficiency, potentially impacting its strategic direction and stakeholder relationships.

Kibun Foods Inc. Announces Board of Directors Candidates

Kibun Foods Inc. has announced the selection of candidates for its Board of Directors and Audit and Supervisory Committee Members, to be proposed at the upcoming Annual General Meeting of Shareholders. This move, following a recommendation from the Nomination and Remuneration Committee, aims to reinforce the company’s leadership as it continues to expand its global reach and maintain its market position in the fish paste-based product industry.

Kibun Foods Inc. Reports Lower-Than-Expected Full-Year Financial Results

Kibun Foods Inc. reported a shortfall in its full-year financial results for the fiscal year ended March 31, 2025, compared to its initial forecasts. The company attributed the lower-than-expected net sales and profits to intensified domestic competition, high temperatures affecting the domestic food business, and economic stagnation impacting its overseas operations. Additionally, an increase in income tax expenses contributed to the reduced profit attributable to owners of the parent. Despite these challenges, the company maintained its year-end dividend forecast of 20 yen per share.

KIBUN FOODS INC. Reports Fiscal Year 2025 Financial Results with Increased Sales but Lower Profits

KIBUN FOODS INC. reported its consolidated financial results for the fiscal year ending March 31, 2025, revealing a slight increase in net sales by 2.2% to ¥108,912 million, but a decline in operating profit by 4.4% and ordinary profit by 4.6%. The company also announced a rise in annual dividends per share from ¥17.00 to ¥20.00, reflecting a commitment to returning value to shareholders despite the decrease in profits.