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Last ¥703.00 JPY
Change Today -4.00 / -0.57%
Volume 951.0K
2871 On Other Exchanges
Symbol
Exchange
Berlin
Tokyo
OTC US
As of 2:00 AM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

nichirei corp (2871) Snapshot

Open
¥699.00
Previous Close
¥707.00
Day High
¥707.00
Day Low
¥699.00
52 Week High
05/21/15 - ¥709.00
52 Week Low
10/17/14 - ¥415.00
Market Cap
208.0B
Average Volume 10 Days
1.1M
EPS TTM
¥33.94
Shares Outstanding
295.9M
EX-Date
09/28/15
P/E TM
20.7x
Dividend
¥10.00
Dividend Yield
1.42%
Current Stock Chart for NICHIREI CORP (2871)

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nichirei corp (2871) Details

Nichirei Corporation is engaged in the processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences businesses in Japan. The company’s Processed Foods segment produces, processes, and sells frozen cooked foods, agricultural processed foods, retort-pouch foods, wellness foods, acerola products, and packed ice. Its Marine products segment processes and sells marine products, including shrimps, shellfish, herring roe, octopus, and other types of fish eggs. The company’s Meat and Poultry Products segment processes and sells meat and poultry products; and breeds and sells food chicken. This segment offers poultry, pork, and beef to retailers and restaurants. Its Logistics segment provides refrigerated and frozen storage, sorting, transport, and delivery services; logistics consulting; and construction work and planning services, as well as produces and sells ice. The company’s Real Estate segment is engaged in the leasing of office buildings and parking lots; management of real estate; and sale of housing land. Nichirei Corporation also manufactures and markets animal cell culture media and immunohistochemical staining products, such as reagents and diagnostic products; and functional materials and cosmetic product ingredients. The company was formerly known as Nippon Reizo Co. Ltd. and changed its name to Nichirei Corporation in February 1985. The company was founded in 1942 and is headquartered in Tokyo, Japan.

Founded in 1942

nichirei corp (2871) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

nichirei corp (2871) Key Developments

Nichirei Corp. Reports Consolidated Earnings Results for the Year Ended March 31, 2015; Provides Earnings Guidance for the Six Months Ending September 30, 2015 and Full Year Ending March 31, 2016; Declares Dividend for the Year Ended March 31, 2015; Provides Dividend Guidance for the First Half and Year Ending March 31, 2016

Nichirei Corp. reported consolidated earnings results for the year ended March 31, 2015. For the year, the company reported net sales of JPY 545,266 million against JPY 511,189 million a year ago. Operating income was JPY 17,615 million against JPY 15,789 million a year ago. Ordinary income was JPY 17,111 million against JPY 14,443 million a year ago. Net income was JPY 9,701 million or JPY 33.86 per diluted share against JPY 8,898 million or JPY 31.12 per basic share a year ago. Income before income taxes and minority interest was JPY 16,080 million against JPY 15,357 million a year ago. Return on equity was 6.9% against 6.9% a year ago. Net cash provided by operating activities was JPY 27,803 million against JPY 11,073 million a year ago. Purchase of property, plant and equipment was JPY 20,588 million against JPY 17,709 million a year ago. Purchase of intangible assets was JPY 503 million against JPY 591 million a year ago. For the year ending March 31, 2016, the company expects net sales of JPY 529,000 million, operating income of JPY 18,700 million, ordinary income of JPY 18,000 million, profit attributable to of owners of parent of JPY 11,300 million or JPY 39.53 per share. For the six months ending September 30, 2015, the company expects net sales of JPY 262,400 million, operating income of JPY 8,800 million, ordinary income of JPY 8,400 million, profit attributable to of owners of parent of JPY 5,300 million or JPY 18.54 per share. The company declared year-end dividend of JPY 5.00 per share for the year ended March 31, 2015 against JPY 5.00 per share for the same period in the last year. For the year ending March 31, 2016, the company expects to pay year-end dividend of JPY 6.00 per share. For the first half of fiscal year ending March 31, 2016, the company expects to pay first half dividend of JPY 6.00 per share.

Nichirei Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015

Nichirei Corporation reported consolidated earnings results for the nine months ended December 31, 2014. For the period, the company reported net sales of JPY 413,828 million against JPY 390,885 million for the same period in the last year. Operating income was JPY 13,691 million against JPY 12,998 million for the same period in the last year. Ordinary income was JPY 13,547 million against JPY 12,519 million for the same period in the last year. Income before income taxes and minority interest was JPY 12,814 million against JPY 13,680 million a year ago. Net income was JPY 7,800 million or JPY 27.29 per share against JPY 8,480 million or JPY 29.66 per share for the same period in the last year. The company provided earnings guidance for the year ending March 31, 2015. For the period, the company expects to net sales of JPY 535,700 million, operating income of JPY 16,500 million, ordinary income of JPY 15,900 million and net income of JPY 9,000 million or JPY 31.48 per share.

Nichirei Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015

Nichirei Corp. reported consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported net sales of JPY 269,156 million against JPY 250,241 million for the same period in the last year. Operating income was JPY 7,699 million against JPY 6,584 million for the same period in the last year. Ordinary income was JPY 7,619 million against JPY 6,224 million for the same period in the last year. Net income was JPY 4,256 million or JPY 14.89 per share against JPY 4,175 million or JPY 14.61 per share for the same period in the last year. Income before income taxes and minority interest was JPY 7,057 million against JPY 7,163 million for the same period in the last year. Net cash provided by operating activities was JPY 11,178 million against JPY 1,205 million for the same period in the last year. Purchase of property, plant and equipment was JPY 9,427 million against JPY 7,541 million for the same period in the last year. The company provided earnings guidance for the year ending March 31, 2015. For the period, the company expects to net sales of JPY 535,700 million, operating income of JPY 16,500 million, ordinary income of JPY 15,900 million and net income of JPY 9,500 million or JPY 33.23 per share.

 

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Industry Analysis

2871

Industry Average

Valuation 2871 Industry Range
Price/Earnings 20.6x
Price/Sales 0.4x
Price/Book 1.3x
Price/Cash Flow 21.3x
TEV/Sales 0.2x
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