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2903.T Tokyo Stock Exchange Food Processing

2903.T

¥1 490,00
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JPY
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Mcap
P/E
EV / Rev
Div yield
2,00 %
Op margin
2,3 %
ROE
6,6 %
Net margin
1,7 %
Debt / equity
0,38
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the Food Processing industry, manufacturing and selling food products, primarily generating revenue through the sale of processed food items to consumers and businesses.

Business. The company operates in the Food Processing industry, manufacturing and selling food products, primarily generating revenue through the sale of processed food items to consumers and businesses.

Classification92 %
SectorConsumer Non-Cyclicals
Business sectorFood & Beverages
IndustryFood Processing
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
6,6 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2903.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples · THIS SECTOR−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2903.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the Food Processing industry, manufacturing and selling food products, primarily generating revenue through the sale of processed food items to consumers and businesses.

    Classification92 %
    SectorConsumer Non-Cyclicals
    Business sectorFood & Beverages
    IndustryFood Processing
    AI synthesis
    GENERATED

    The company maintains a conservative capital structure, with a debt-to-equity ratio of 0.38, indicating a relatively low reliance on debt financing. Its liquidity position is supported by cash and equivalents of 6,279,000,000 JPY, and a current ratio of 1.25, suggesting the company can meet its short-term obligations. The return on equity of 6.6% and return on assets of 3.36% indicate moderate profitability, though these figures are below the industry median for Food Processing firms.

    Profitability metrics show the company's operating income of 1,330,000,000 JPY and net income of 998,000,000 JPY, translating to a gross margin of 14.8% and an operating margin of 2.3%. These figures are in line with the industry's average gross margin but below the median operating margin for the Food Processing sector. The company's capital expenditures of -1,663,000,000 JPY suggest a reduction in investment in physical assets, which may reflect a strategic shift or cost-cutting measures.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes. The company's free cash flow of 575,000,000 JPY indicates a modest ability to fund growth initiatives or return capital to shareholders.

    The company's revenue growth trajectory is flat, with no significant changes in revenue from the previous period. Analyst estimates align with the company's reported revenue of 57,651,000,000 JPY, suggesting stable performance in the near term. The company's operating cash flow of 3,209,000,000 JPY supports its liquidity position, but the absence of a clear growth strategy raises questions about long-term revenue expansion.

    The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's capital structure is stable, and there is no evidence of near-term dilution pressure. The absence of significant debt and the presence of substantial cash reserves reduce the likelihood of financial distress.

    Recent events, including the latest financial filing and analyst estimates, show no material changes in the company's operations or financial health. The company's last actual EPS of 82.02 JPY and revenue of 57,651,000,000 JPY align with expectations, indicating consistent performance. No recent transcripts or filings suggest strategic shifts or major operational changes.

    Key takeaways
    • The company maintains a conservative capital structure with a low debt-to-equity ratio of 0.38.
    • Profitability metrics, including a 6.6% return on equity and 3.36% return on assets, are moderate but below the industry median.
    • The company's revenue is concentrated in a single business segment, increasing exposure to regional economic fluctuations.
    • The company's liquidity position is supported by 6,279,000,000 JPY in cash and equivalents and a current ratio of 1.25.
    • Analyst estimates align with the company's reported revenue, suggesting stable performance in the near term.
    • The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥1 490,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥15.13B
    Net cash
    ¥459.0M
    Current ratio
    1.2
    Debt / equity
    0.4
    ROA
    3.4%
    ROE
    6.6%
    Cash conversion
    322.0%
    CapEx / revenue
    -2.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin2,3 %Below median
    Net Margin1,7 %Below median
    ROE6,6 %Above median
    Capex / Rev-2,9 %Above median
    D/E0,38Below median
    Cash Conv3,22Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 2903.T Market data — financials · 2026-05-26
    • Shinobu Foods Products Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2903.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage