KIBUN FOODS INC. (2933) AI Stock Analysis

• Market Cap: ¥24.45B
• Dividend Yield: 1.87%
• Average Volume (3M): 20.78K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 0.42
• Revenue Growth: 2.09%
• EPS Growth: -8.76%
• Country: JP
• Employees: 2,554
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Packaged Foods
• EPS (TTM): 5.22
• Shares Outstanding: 22,829,780
• 10 Day Avg. Volume: 15,190
• 30 Day Avg. Volume: 20,776
• PEG Ratio: -0.67
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -46.60
• 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 Neutral
• Price Target: ¥1,173.00 ▲(8.61%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. (2933) is a Japanese company primarily engaged in the production and distribution of processed food products. The company specializes in creating surimi-based products, which are made from white fish and used in various culinary applications. In addition to surimi, KIBUN FOODS INC. offers a range of other processed food items, catering to both domestic and international markets. The company is recognized for its innovation in food processing and its commitment to quality and taste.

How the Company Makes Money

KIBUN FOODS INC. generates revenue through the sale of its processed food products, with a strong focus on surimi-based items. These products are sold to a variety of customers including supermarkets, restaurants, and food service providers both in Japan and overseas. The company benefits from its established brand reputation and distribution network, enabling it to maintain a steady stream of income. Additionally, KIBUN FOODS INC. may engage in partnerships or collaborations with other food companies to expand its product offerings and market reach, further contributing to its revenue growth.

KIBUN FOODS INC. Financial Statement Overview

Summary

KIBUN FOODS INC. shows robust revenue growth with strong operational margins, though net income margins have narrowed. The balance sheet is stable with moderate leverage and improved return on equity. However, declining free cash flow poses a potential liquidity risk.

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
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
107.38B	108.91B	106.68B	105.69B	99.20B	99.85B
	Gross Profit
24.86B	25.13B	24.41B	22.09B	23.04B	24.42B
	EBIT
4.60B	4.51B	4.64B	2.02B	3.81B	3.63B
	EBITDA
6.32B	6.57B	6.38B	4.14B	5.80B	5.51B
	Net Income Common Stockholders
2.76B	2.59B	2.84B	442.58M	1.90B	2.58B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.08B	8.80B	8.53B	6.44B	7.63B	4.31B
	Total Assets
80.03B	72.41B	70.99B	63.75B	63.51B	55.45B
	Total Debt
29.07B	27.87B	28.63B	29.89B	29.76B	28.50B
	Net Debt
22.99B	19.07B	20.10B	23.45B	22.12B	24.20B
	Total Liabilities
58.63B	51.14B	51.79B	49.91B	49.33B	46.57B
	Stockholders Equity
20.89B	20.75B	18.75B	13.50B	13.87B	8.62B
Cash Flow		Free Cash Flow
0.00	1.93B	4.52B	-489.43M	-768.65M	4.77B
	Operating Cash Flow
0.00	3.86B	5.55B	921.17M	155.47M	5.79B
	Investing Cash Flow
0.00	-1.97B	-871.54M	-1.42B	-871.63M	532.30M
	Financing Cash Flow
0.00	-1.96B	-2.59B	-755.69M	4.04B	-4.64B

KIBUN FOODS INC. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1080.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• 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 1080 is above the 20-day moving average (MA) of 1066.55, above the 50-day MA of 1072.52, and below the 200-day MA of 1081.03, indicating a neutral trend. The MACD of 1.61 indicates Negative momentum. The RSI at 59.07 is Neutral, neither overbought nor oversold. The STOCH value of 73.43 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	75 Outperform	¥24.43B	13.21		―	16.73%	80.15%
2933	70 Neutral	¥24.45B	9.45		1.87%	2.09%	-8.76%
Sector *	65 Neutral	$8.73B	15.14	4.69%	4.60%	3.64%	-2.51%
2804	65 Neutral	¥24.14B	38.37		2.00%	0.93%	330.14%
2266	64 Neutral	¥23.52B	37.86		1.66%	-3.88%	-39.50%
2819	64 Neutral	¥23.39B	17.53		1.99%	6.08%	-22.00%
2922	62 Neutral	¥25.44B	18.82		1.19%	2.76%	-3.44%

KIBUN FOODS INC. Corporate Events

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.