Nippon Beet Sugar Manufacturing Co., Ltd.

2108・Prime Market・Foods

2108・Prime Market・Foods

Nippon Beet Sugar Manufacturing Co., Ltd.2108

Reference Indicators

Market Cap

602¥100M

P/E (Forecast)

—

P/B

0.7x

Dividend Yield (Forecast)

5.53%

ROE

6.7%

EV/EBITDA

25.0x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	58,492	65,013	69,297	64,796	68,696
Cost of Sales	43,216	49,873	55,515	51,575	54,759
Gross Profit	15,276	15,139	13,781	13,220	13,937
SG&A Expenses	13,046	13,632	12,870	12,684	13,885
Operating Income	2,229	1,506	910	535	52
Non-operating Income	792	740	1,069	879	996
Non-operating Expenses	203	253	177	290	290
Ordinary Income	2,818	1,993	1,802	1,124	758
Extraordinary Income	1,499	206	1,979	8,645	7,223
Extraordinary Losses	1,230	291	1,149	5,817	921
Pre-tax Income	3,087	1,908	2,633	3,952	7,060
Income Taxes	1,112	647	821	1,248	2,027
Net Income	1,975	1,260	1,811	2,703	5,032
EBITDA	4,638	3,888	3,534	3,049	2,364
Gross Margin	26.1%	23.3%	19.9%	20.4%	20.3%
Operating Margin	3.8%	2.3%	1.3%	0.8%	0.1%
ROA	2.0%	1.2%	1.8%	2.7%	5.2%
ROE	2.9%	1.9%	2.6%	3.7%	6.7%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
砂糖	46,694	-2,557	-5.5%
食品	2,801	171	6.1%
飼料	12,744	1,363	10.7%
農業資材	3,987	270	6.8%
不動産	1,166	594	50.9%
その他	1,300	293	22.5%

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