2815
ARIAKE JAPAN Co.,Ltd.
アリアケジャパン株式会社
Consumer Defensive · Packaged Foods
ARIAKE JAPAN Co., Ltd. manufactures, processes, and sells natural seasoning products with extracts from chicken, pork, beef, and other fresh livestock ingredients. It provides chicken bone base soups, ramen soups, chanpon soups, bouillon and consomme products, sauce bases, and Japanese bouillon products; and livestock meat, including beef, pork, and chicken, as well as shrimps, garlic, and seasoning oils. The company also engages in the production, processing, export/import, and sale of agricultural and livestock products. It operates in Japan, China, Taiwan, France, Belgium, the Netherlands, and Indonesia. The company was formerly known as Ariake Tokushu Suisan Hanbai Co., Ltd. and changed its name to ARIAKE JAPAN Co., Ltd. in April 1990. ARIAKE JAPAN Co., Ltd. was founded in 1966 and is headquartered in Tokyo, Japan.
Price
¥5,300
Market Cap
¥168.8B
Ent. Value
—
Net Cash
est
—
Shares Out.
31.8M
P / E
20.6×
EV / EBIT
—
P / Book
1.33×
P / NCAV
2.53×
Div. Yield
2.45%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥65.4B | ¥60.0B | ¥55.7B | ¥52.7B |
| Cost of Sales | ¥45.7B | ¥43.2B | ¥39.4B | ¥34.6B |
| Gross Profit | ¥19.7B | ¥16.8B | ¥16.3B | ¥18.1B |
| SG&A | ¥8.6B | ¥8.1B | ¥7.8B | ¥7.4B |
| Operating Income | ¥11.1B | ¥8.7B | ¥8.5B | ¥10.7B |
| Non-Operating Income | ¥1.1B | ¥2.3B | ¥835M | ¥748M |
| Non-Operating Expenses | ¥213M | ¥207M | ¥20M | ¥91M |
| Interest Expense | ¥0M | ¥0M | ¥5M | ¥6M |
| Ordinary Income | ¥12.0B | ¥10.7B | ¥9.3B | ¥11.3B |
| Pre-tax Income | ¥12.1B | ¥10.8B | ¥9.3B | ¥11.2B |
| Income Taxes | ¥3.8B | ¥3.4B | ¥2.8B | ¥3.3B |
| Current Tax | ¥3.4B | ¥3.2B | ¥2.6B | ¥3.0B |
| Deferred Tax | ¥358M | ¥139M | ¥206M | ¥309M |
| Net Income (owners) | ¥8.2B | ¥7.4B | ¥6.4B | ¥7.7B |
| Minority Interest | ¥119M | ¥105M | ¥104M | ¥118M |
| Comprehensive Income | ¥11.6B | ¥11.8B | ¥8.5B | ¥9.8B |
| EBITDA | ¥13.3B | ¥10.7B | ¥10.3B | ¥12.5B |
| Goodwill Amort. (J-GAAP) | — | ¥88M | ¥106M | ¥98M |
| EPS | ¥257.67 | ¥230.88 | ¥200.48 | ¥242.10 |
| Shares Outstanding | 31.8M | 31.8M | 31.8M | 31.8M |
| Shares Issued (total) | 32.8M | 32.8M | 32.8M | 32.8M |
| Treasury Shares | 1.0M | 1.0M | 1.0M | 1.0M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥145.7B | ¥136.6B | ¥126.3B | ¥120.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥84.1B | ¥76.2B | ¥81.4B | ¥86.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥59.0B | ¥49.2B | ¥56.8B | ¥63.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥12.6B | ¥13.3B | ¥11.9B | ¥11.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥61.6B | ¥60.4B | ¥44.8B | ¥34.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥24.8B | ¥25.2B | ¥23.1B | ¥21.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | — | ¥79M | ¥171M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥125M | ¥123M | ¥205M | ¥307M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥33.0B | ¥31.5B | ¥20.9B | ¥12.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥17M | ¥18M | ¥15M | ¥12M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥17.4B | ¥16.3B | ¥14.5B | ¥13.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥10.7B | ¥10.6B | ¥9.8B | ¥9.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥4.8B | ¥4.9B | ¥5.0B | ¥5.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥1.8B | ¥1.9B | ¥1.3B | ¥1.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥6.6B | ¥5.7B | ¥4.7B | ¥4.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥1.2B | ¥1.2B | ¥1.4B | ¥1.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥5.1B | ¥4.2B | ¥3.0B | ¥2.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥128.4B | ¥120.3B | ¥111.7B | ¥106.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥7.1B | ¥7.1B | ¥7.1B | ¥7.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥8.0B | ¥8.0B | ¥8.0B | ¥8.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥97.7B | ¥93.0B | ¥88.9B | ¥85.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-2.0B | ¥-2.0B | ¥-2.0B | ¥-2.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥16.3B | ¥13.1B | ¥8.8B | ¥6.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥110.8B | ¥106.1B | ¥102.0B | ¥98.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥1.3B | ¥1.1B | ¥980M | ¥853M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥59.0B | ¥49.2B | ¥56.8B | ¥63.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥66.8B | ¥59.8B | ¥66.9B | ¥72.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥2,096 | ¥1,879 | ¥2,100 | ¥2,273 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥3,478 | ¥3,330 | ¥3,201 | ¥3,097 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥12.2B | ¥8.8B | ¥5.6B | ¥8.3B |
| Interest Paid | ¥-0M | ¥-0M | ¥-5M | ¥-6M |
| Interest Received | ¥818M | ¥524M | ¥386M | ¥220M |
| D&A | ¥2.1B | ¥2.0B | ¥1.8B | ¥1.7B |
| Goodwill Amort. | — | ¥88M | ¥106M | ¥98M |
| Investing CF | ¥675M | ¥-14.5B | ¥-1.9B | ¥7.1B |
| CapEx | ¥948M | ¥3.0B | ¥3.0B | ¥2.3B |
| Purchase Investments | ¥-4.0B | ¥-8.3B | ¥-8.5B | ¥-5.0B |
| Proceeds from Invest. | ¥4.1B | ¥118M | ¥98M | — |
| Financing CF | ¥-3.5B | ¥-3.3B | ¥-3.1B | ¥-2.5B |
| Dividends Paid | ¥-3.5B | ¥-3.2B | ¥-3.1B | ¥-2.5B |
| Share Buybacks | ¥-1M | ¥-2M | ¥-1M | ¥-3M |
| Free Cash Flow | ¥11.2B | ¥5.8B | ¥2.6B | ¥6.0B |
| Net Change in Cash | ¥10.5B | ¥-7.8B | ¥1.4B | ¥14.0B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 6.7% | 6.4% | 5.9% | 7.6% |
| ROA | 5.8% | 5.6% | 5.2% | 6.4% |
| EPS | ¥257.67 | ¥230.88 | ¥200.48 | ¥242.10 |
| DPS | ¥130.00 | ¥110.00 | ¥102.00 | ¥96.00 |
| BPS | ¥3,990.74 | ¥3,741.92 | ¥3,477.73 | ¥3,312.02 |
| FCF/Share | ¥352 | ¥181 | ¥81 | ¥187 |
| NCAV/Share | ¥2,096 | ¥1,879 | ¥2,100 | ¥2,273 |
| Payout Ratio | 50.5% | 47.6% | 50.9% | 39.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 14
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-13
10:00
|
Buyback | ¥6.0B 3.1% | Ariake JAPAN board resolved on May 13, 2026 to conduct a share buyback program. The company will acquire up to 1 million… | |
|
Summary
Ariake JAPAN board resolved on May 13, 2026 to conduct a share buyback program. The company will acquire up to 1 million shares (3.14% of outstanding shares) for a maximum of 6 billion yen through May 12, 2027, aimed at improving capital efficiency and shareholder returns.
Deadline: 2027-05-12
% of Shares: 3.1%
Shares: 1,000,000
Source (JP)
自己株式取得に係る事項について、下記の通り決議しました。取得対象株式の種類:当社普通株式、取得しうる株式の総数:100万株(上限)、株式の取得価格の総額:60億円(上限)、期間:2026年5月14日~2027年5月12日まで
自己株式取得に係る事項の決定のお知らせ (会社法第165条第2項の規定による定款の定めに基づく自己株式の取得)
TDnet PDF
|
||||
|
2026-05-13
10:00
|
Capital Policy | — | Ariake Japan announced a revision to its shareholder return policy on 2026-05-13, raising its Dividend on Equity (DOE) t… | |
|
Summary
Ariake Japan announced a revision to its shareholder return policy on 2026-05-13, raising its Dividend on Equity (DOE) target from 3.0% to 4.0% or higher. This 1.0 percentage point increase reflects strong earnings performance and accumulated retained earnings, demonstrating management's commitment to stable and elevated dividend payments going forward.
Source (JP)
DOE(株主資本配当率)3.0%以上とすることを経営指標としております。」から「DOE(株主資本配当率)4.0%以上とすることを経営指標としております。
株主還元方針(経営指標)の一部変更のお知らせ
TDnet PDF
|
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 | ジャパンフードビジネス株式会社 | 10,618 | 33.34% |
| 2 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
3,046 | 9.57% |
| 3 | 公益財団法人岡田甲子男記念奨学財団 | 2,196 | 6.90% |
| 4 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
1,433 | 4.50% |
| 5 |
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385840 (常任代理人 株式会社みずほ銀行)
|
1,354 | 4.25% |
| 6 |
RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT
RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT (常任代理人 シティバンク、エヌ・エイ東京支店)
|
1,062 | 3.34% |
| 7 |
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行)
|
896 | 2.82% |
| 8 |
JP MORGAN CHASE BANK
JP MORGAN CHASE BANK 385632 (常任代理人 株式会社みずほ銀行)
|
838 | 2.63% |
| 9 |
OHSHO FOOD SERVICE CORP.
株式会社王将フードサービス
|
784 | 2.46% |
| 10 | BBH FOR UMB BK, NATL ASSOCIATION-GLOBAL ALPHA INTL SMALL CAP FUND LP (常任代理人 三菱UFJ銀行) | 617 | 1.94% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
14.1%
-1.1% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
9.7%
-1.2% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
48.0%
+1.1% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 71.8% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| ジャパンフードビジネス | 33.34% | 33.34% | 33.34% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 10.24% | 9.41% | 9.57% +0.16% | |
| 公益財団法人岡田甲子男記念奨学財団 | 6.90% | 6.90% | 6.90% | |
| JP Morgan | 1.49% | 2.68% | 6.88% +4.20% | |
| Japan Custody Bank 日本カストディ銀行 | 5.17% | 5.72% | 4.50% -1.22% | |
| RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT ↑ | — | 1.52% | 3.34% +1.82% | |
| State Street | 7.47% | 8.23% | 2.82% -5.41% | |
| OHSHO FOOD SERVICE CORP. 式会社王将フードサービス | 2.46% | 2.46% | 2.46% | |
| BBH FOR UMB BK, NATL ASSOCIATION-GLOBAL ALPHA INTL SMALL CAP FUND LP | 1.64% | 2.66% | 1.94% -0.72% | |
| 式会社かんぽ生命保険 last seen 2023 | Exited Top 10 | 1.32% | — | — |
| Concentration (HHI) ⓘ | 1359 | 1371 | 1347 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥15,469M
+48% since 2023
Holdings
19
+1 new
4 exited
Trend
1 unwinding
vs 2023
| Held Company | FY2025 ¥15,469M total | FY2023 ¥10,417M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
OHSHO FOOD SERVICE CORP.
㈱王将フードサービス
|
10,610 |
+200.0%
↑
3,300,000
|
6,622 | 1,100,000 | M |
|
Toridoll Holdings Co., Ltd.
㈱トリドールホールディングス
|
2,428 |
600,000
|
1,633 | 600,000 | |
|
Hiday Hidaka Corporation
㈱ハイデイ日高
|
603 |
218,422
|
469 | 218,422 | |
| ㈱幸楽苑ホールディングス | 466 |
+189.0%
↑
450,970
|
162 | 156,070 | M |
|
CHIKARANOMOTO HOLDINGS Co.,Ltd.
㈱力の源ホールディングス
|
415 |
-25.0%
↓
300,000
|
620 | 400,000 | |
|
JB ELEVEN CO.,LTD.
㈱JBイレブン
|
216 |
347,600
|
246 | 347,600 | |
|
WATAMI CO.,LTD.
ワタミ㈱
|
209 |
NEW
New
200,000
|
— | ||
|
Yakiniku Sakai Holdings Inc.
㈱焼肉坂井ホールディングス
|
158 |
2,224,400
|
162 | 2,224,400 | |
|
WARABEYA NICHIYO HOLDINGS CO.,LTD.
わらべや日洋ホールディングス㈱
|
134 |
+14.6%
↑
62,080
|
98 | 54,181 | |
|
RINGER HUT CO.,LTD
㈱リンガーハット
|
106 |
45,919
|
104 | 45,919 | |
|
marutai co.,ltd
㈱マルタイ
|
69 |
16,600
|
54 | 16,600 | M |
|
Nomura Holdings Inc.
野村ホールディングス㈱
|
23 |
25,000
|
13 | 25,000 | |
|
TOHO Co.,Ltd.
㈱トーホー
|
11 |
3,200
|
7 | 3,200 | |
|
House Foods Group Headquarters Co., Ltd.
ハウス食品グループ本社㈱
|
8 |
3,000
|
8 | 3,000 | |
|
EZAKI GLICO CO.,LTD.
江崎グリコ㈱
|
7 |
1,500
|
5 | 1,500 | |
|
Seven & i Holdings Co., Ltd.
㈱セブン&アイ・ホールディングス
|
6 |
+200.0%
↑
3,000
|
6 | 1,000 | |
| エスビー食品㈱ | 2 |
+100.0%
↑
800
|
1 | 400 | |
| ㈱梅の花 | 1 |
1,600
|
2 | 1,600 | |
| ㈱プレナス | — | — | |||
|
TOYOTA TSUSHO CORPORATION
豊田通商㈱
|
— |
−100%
Exit
—
|
15 | 2,668 | |
| 協和発酵キリン㈱ | — |
−100%
Exit
—
|
9 | 3,000 | |
|
T&D Holdings, Inc.
㈱T&Dホールディングス
|
— |
−100%
Exit
—
|
0 | 200 | |
|
WATAMI CO.,LTD.
㈱ワタミ
|
— |
−100%
Exit
—
|
181 | 200,000 | |
| Portfolio total | 15,469 | 10,417 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding