Maruha Nichiro Corporation

1333・Prime Market・Fishery, Agriculture & Forestry

Official website

Maruha Nichiro Corporation

1333・Prime Market・Fishery, Agriculture & Forestry

Official website

Maruha Nichiro Corporation1333

Reference Indicators

Market Cap

2,022¥100M

P/E (Forecast)

13.4x

P/B

0.8x

Dividend Yield (Forecast)

3.38%

ROE

9.3%

EV/EBITDA

8.3x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	866,702	1,020,456	1,030,674	1,078,631	1,105,890
Cost of Sales	746,205	885,201	896,856	933,033	951,909
Gross Profit	120,496	135,254	133,818	145,598	153,981
SG&A Expenses	96,677	105,678	107,284	115,216	122,790
Operating Income	23,819	29,575	26,534	30,381	31,191
Non-operating Income	6,040	7,324	8,683	6,932	5,426
Non-operating Expenses	2,263	3,400	4,111	5,059	5,366
Ordinary Income	27,596	33,500	31,106	32,254	31,251
Extraordinary Income	2,164	4,378	9,560	11,922	11,473
Extraordinary Losses	2,243	6,333	4,775	2,231	3,224
Pre-tax Income	27,518	31,545	35,891	41,945	39,501
Income Taxes	7,197	7,058	11,169	12,120	11,254
Net Income	16,898	18,596	20,853	23,264	22,182
EBITDA	41,569	46,270	44,427	49,349	51,250
Gross Margin	13.9%	13.3%	13.0%	13.5%	13.9%
Operating Margin	2.7%	2.9%	2.6%	2.8%	2.8%
ROA	3.1%	2.9%	3.1%	3.4%	3.0%
ROE	11.2%	11.0%	10.8%	10.7%	9.3%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
水産資源	129,371	2,445	1.9%
食材流通	769,943	15,777	2.0%
加工食品	185,752	10,074	5.4%
その他	20,822	3,722	17.9%