2933
KIBUN FOODS INC.
株式会社紀文食品
Foods
Kibun Foods Inc. engages in the production and marketing of processed foods under the Kibun brand name in Japan and internationally. The company offers fish paste-based products and crab-flavored seafood. It also provides Chinese, noodles, summertime, egg, and dessert dishes, as well as tiered food boxes. The company markets its products through distributors, as well as its online store. Kibun Foods Inc. was founded in 1938 and is headquartered in Chuo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥111.0B
¥108.9B
¥106.7B
¥105.7B
¥99.2B
Cost of Sales
¥86.7B
¥83.8B
¥82.3B
¥83.6B
¥76.2B
Gross Profit
¥24.3B
¥25.1B
¥24.4B
¥22.1B
¥23.0B
SG&A
¥21.0B
¥20.6B
¥19.8B
¥20.1B
¥19.2B
Operating Income
¥3.3B
¥4.5B
¥4.6B
¥2.0B
¥3.8B
Non-Operating Income
¥371M
¥386M
¥442M
¥397M
¥231M
Dividend Income
—
¥47M
¥39M
¥39M
¥35M
Interest Income
—
¥23M
¥6M
¥3M
¥0M
Non-Operating Expenses
—
¥708M
¥679M
¥658M
¥644M
Interest Expense
—
¥588M
¥534M
¥561M
¥537M
Ordinary Income
¥2.7B
¥4.2B
¥4.4B
¥1.8B
¥3.4B
Pre-tax Income
¥2.5B
¥4.1B
¥3.9B
¥1.7B
¥3.4B
Income Taxes
¥1.3B
¥1.4B
¥1.0B
¥1.1B
¥1.4B
Current Tax
—
¥827M
¥723M
¥619M
¥557M
Deferred Tax
—
¥529M
¥283M
¥514M
¥817M
Net Income (owners)
¥1.1B
¥2.6B
¥2.8B
¥443M
¥1.9B
Minority Interest
—
¥113M
¥70M
¥77M
¥80M
Comprehensive Income
—
¥2.5B
¥5.8B
¥31M
¥1.7B
EBITDA
¥5.5B
¥6.4B
¥6.6B
¥4.0B
¥5.7B
EPS
¥48.16
¥113.36
¥124.24
¥19.39
¥83.78
Shares Outstanding
—
22.8M
22.8M
22.8M
22.8M
Shares Issued (total)
—
22.8M
22.8M
22.8M
22.8M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥80.3B
¥72.4B
¥71.0B
¥63.8B
¥63.5B
Current Assets
¥31.1B
¥31.2B
¥31.0B
¥28.0B
¥27.9B
Cash & Deposits
¥8.3B
¥8.8B
¥8.5B
¥6.4B
¥7.6B
Trade Receivables
—
¥10.9B
¥12.0B
¥10.2B
¥10.2B
Non-Current Assets
¥49.2B
¥41.2B
¥40.0B
¥35.8B
¥35.6B
PP&E
¥18.9B
¥18.0B
¥17.0B
¥17.2B
¥17.1B
Intangible Assets
—
¥254M
¥366M
¥577M
¥758M
Investment Securities
¥2.3B
¥2.4B
¥2.3B
¥2.0B
¥2.0B
Deferred Tax Assets
—
¥105M
¥96M
¥120M
¥102M
Total Liabilities
¥53.9B
¥51.1B
¥51.8B
¥49.9B
¥49.3B
Current Liabilities
¥25.7B
¥26.1B
¥26.5B
¥25.4B
¥27.1B
Accounts Payable
—
¥10.0B
¥9.9B
¥8.4B
¥8.5B
ST Debt
¥9.0B
¥8.2B
¥8.5B
¥9.8B
¥11.8B
Taxes Payable
—
¥589M
¥500M
¥369M
¥406M
Non-Current Liabilities
¥28.2B
¥25.0B
¥25.3B
¥24.5B
¥22.2B
Total LT Borrowings
¥14.8B
¥15.1B
¥15.5B
¥15.7B
¥13.2B
Pension Obligations
—
¥285M
¥227M
¥197M
¥166M
Deferred Tax Liab.
—
¥6.0B
¥5.9B
¥4.5B
¥4.4B
Total Equity
¥26.4B
¥21.3B
¥19.2B
¥13.8B
¥14.2B
Capital Stock
—
¥6.4B
¥6.4B
¥6.4B
¥6.4B
Capital Surplus
—
¥1.9B
¥1.9B
¥1.9B
¥1.9B
Retained Earnings
¥10.5B
¥9.9B
¥7.7B
¥5.3B
¥5.2B
Treasury Stock
—
¥-0M
¥-0M
¥-0M
¥-0M
AOCI
—
¥2.6B
¥2.7B
¥-70M
¥396M
Equity (owners)
¥18.8B
¥18.2B
¥16.0B
¥13.6B
¥13.5B
Minority Interests
—
¥520M
¥454M
¥339M
¥316M
Total Interest-Bearing Debt ⓘ
¥23.8B
¥23.3B
¥24.0B
¥25.5B
¥25.0B
Net Cash ⓘ
¥-15.5B
¥-14.5B
¥-15.4B
¥-19.0B
¥-17.4B
NCAV ⓘ
¥-22.8B
¥-19.9B
¥-20.8B
¥-21.9B
¥-21.4B
NCAV/Share
—
¥-872
¥-913
¥-961
¥-939
BV/Share
—
¥797
¥703
¥594
¥590
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥1.4B
¥3.9B
¥5.5B
¥921M
¥155M
Interest Paid
—
¥-595M
¥-521M
¥-556M
¥-537M
Interest Received
—
¥124M
¥93M
¥83M
¥53M
D&A
¥2.2B
¥1.9B
¥1.9B
¥1.9B
¥1.9B
Investing CF
¥-1.0B
¥-2.0B
¥-872M
¥-1.4B
¥-872M
CapEx
¥1.2B
¥1.9B
¥1.0B
¥1.4B
¥878M
Purchase Investments
—
¥-10M
¥-12M
¥-12M
¥-12M
Proceeds from Invest.
—
¥94M
—
¥2M
¥65M
Financing CF
¥-938M
¥-2.0B
¥-2.6B
¥-756M
¥4.0B
Dividends Paid
—
¥-388M
¥-365M
¥-342M
¥-230M
Share Buybacks
—
—
¥-0M
—
¥-0M
LT Debt Repaid
—
¥-6.2B
¥-5.8B
¥-8.3B
¥-5.1B
Free Cash Flow
¥212M
¥1.9B
¥4.5B
¥-458M
¥-723M
Net Change in Cash
—
¥180M
¥2.1B
¥-1.2B
¥3.4B
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
4.6%
13.1%
17.6%
3.2%
16.9%
ROA
1.4%
3.6%
4.2%
0.7%
3.0%
EPS
¥48.16
¥113.36
¥124.24
¥19.39
¥83.78
DPS
¥0.00
¥20.00
¥17.00
¥16.00
¥15.00
BPS
¥1,126.60
¥908.81
¥821.16
¥591.35
¥607.38
FCF/Share
—
¥85
¥199
¥-20
¥-32
NCAV/Share
—
¥-872
¥-913
¥-961
¥-939
Payout Ratio
0.0%
17.6%
13.7%
82.5%
17.9%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 18
Date Activist Stake Event Flag Demands Source
2024-10-22
Mizuho Bank, Ltd.
6.26%
-0.71%
change
Passive
—
2024-08-07
Mizuho Bank, Ltd.
6.97%
+1.35%
change
Passive
—
2024-08-02
Kibun Hoashi Memorial Foundation
15.92%
change
Passive
—
2024-04-22
Mizuho Bank, Ltd.
5.62%
change
Passive
—
2024-04-01
Hoashi, Keiko
1.36%
correction
Passive
—
2024-03-29
Maruha Nichiro Corporation
9.9%
initial_5pct
Passive
—
2024-03-28
Hoashi, Keiko
1.36%
-4.4%
change
Passive
—
2024-03-28
Hoashi, Sachiko
—
exit
Passive
—
2024-03-28
Hoashi, Ikuko
—
exit
Passive
—
2024-03-28
Kibun Foundation Scholarship
15.92%
initial_5pct
Passive
—
2024-03-27
KIHO TRADING INC.
—
exit
Passive
—
2024-03-27
Hoashi, Keiko
5.76%
-1.48%
change
Passive
—
2024-03-27
Hoashi, Sachiko
5.76%
-1.48%
change
Passive
—
2024-03-27
Hoashi, Ikuko
5.76%
-1.48%
change
Passive
—
2024-03-08
Hoashi, Masahito
5.47%
change
Passive
—
2024-03-08
Hoashi, Keiko
7.24%
initial_5pct
Passive
—
2024-03-08
Hoashi, Sachiko
7.24%
initial_5pct
Passive
—
2024-03-08
Hoashi, Ikuko
7.24%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 19
#
Shareholder
Shares (thou.)
% of Total
1
公益財団法人紀文・保芦記念財団
3,633
15.92%
2
マルハニチロ㈱
2,261
9.90%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行㈱(信託口)
2,080
9.11%
4
Mizuho Bank
㈱みずほ銀行
910
3.99%
5
落合 正行
589
2.58%
6
キッコーマン㈱
568
2.49%
7
Employee Stock Ownership Plan
紀文グループ社員持株会
390
1.71%
8
Japan Custody Bank
㈱日本カストディ銀行(信託口)
368
1.61%
9
キッコーマンソイフーズ㈱
350
1.53%
10
PRONEXUS INC.
㈱プロネクサス
310
1.36%
Domestic Nominees
10.7%
-1.3% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
39.5%
-0.2% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
公益財団法人紀文・保芦記念財団
NEW ENTRY
—
—
—
15.92%
NEW
マルハニチロ
—
9.90%
9.90%
日本マスタートラスト信託銀行
7.33%
8.69%
9.11%
+0.42%
Mizuho Bank
みずほ銀行
3.99%
3.99%
3.99%
落合 正行
2.58%
2.58%
2.58%
キッコーマン
2.49%
2.49%
2.49%
Employee Stock Ownership Plan
紀文グループ社員持株会
2.16%
1.87%
1.71%
-0.16%
Japan Custody Bank
日本カストディ銀行
2.16%
3.30%
1.61%
-1.69%
キッコーマンソイフーズ
1.53%
1.53%
1.53%
PRONEXUS INC.
㈱プロネクサス
1.36%
1.36%
1.36%
公益財団法人紀文奨学財団
last seen 2024
Exited Top 10
—
15.92%
—
保芦 將人
last seen 2023
Exited Top 10
21.71%
—
—
㈱紀鳳産業
last seen 2023
Exited Top 10
5.47%
—
—
Concentration (HHI)
ⓘ
597
474
473
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,174M
+26% since 2023
Holdings
19
+2 new
1 exited
Trend
2 unwinding
vs 2023
Held Company
FY2025
¥1,174M total
FY2023
¥933M total
Book Val ¥M
Shares
Book Val ¥M
Shares
PRONEXUS INC.
㈱プロネクサス
486
388,652
377
388,652
M
IWATSUKA CONFECTIONERY CO.,LTD.
岩塚製菓㈱
187
+100.0%
↑
66,000
156
33,000
M
IKUYO CO.,LTD.
㈱イクヨ
114
30,600
48
30,600
M
㈱スパンクリート コーポレーション
91
201,900
44
201,900
M
RINGER HUT CO.,LTD
㈱リンガーハット
77
33,331
75
33,331
M
NAKAMURAYA CO.,LTD.
㈱中村屋
44
14,000
43
14,000
SHIZUKI ELECTRIC COMPANY INC.
㈱指月電機製作所
39
94,000
47
94,000
M
Belc CO., LTD.
㈱ベルク
34
5,000
28
5,000
YAOKO CO., LTD.
㈱ヤオコー
24
2,600
18
2,600
AEON Co.,Ltd.
イオン㈱
22
+25.3%
↑
5,794
12
4,623
Hokuhoku Financial Group, Inc.
㈱ほくほくフィナンシャルグループ
14
NEW
New
5,282
—
ARCS COMPANY,LIMITED
㈱アークス
11
+137.2%
↑
3,883
4
1,637
㈱ライフ コーポレーション
10
+140.0%
↑
5,256
6
2,190
KIKKOMAN CORPORATION
キッコーマン㈱
8
+400.0%
↑
5,520
7
1,104
M
YAMAZAWA CO.,LTD.
㈱ヤマザワ
6
5,000
6
5,000
㈱セブン&アイ・ ホールディングス
5
-60.9%
↓
2,487
38
6,361
ユナイテッド・ スーパーマーケット・ ホールディングス㈱
2
-71.9%
↓
2,826
11
10,057
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
1
NEW
New
330
—
Isshoji Kamaboko Co., Ltd.
一正蒲鉾㈱
—
—
inageya co.,ltd.
㈱いなげや
—
−100%
Exit
—
12
9,273
Portfolio total
1,174
933
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding