KYOKUYO CO., LTD. (1301) Stock Price

Market cap
¥59.1B
P/E ratio
8.7x
Kyokuyo is a Japanese seafood company that catches, processes, and sells fish products from fresh sushi ingredients to frozen foods, supported by cold storage logistics.

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Business Overview

Kyokuyo operates primarily through four business segments. In the fisheries business, Kyokuyo and Kyokuyo America Corporation engage in the procurement, processing, and sales of seafood products, supplying fresh seafood to markets worldwide.

In the fresh food business, Kyokuyo and its affiliated companies process and sell raw seafood products such as sushi ingredients and sashimi. Particularly for bonito and tuna, the company handles fishing, aquaculture, procurement, and sales, delivering high-quality fresh food products to consumers.

In the food business, Kyokuyo Foods and Jocky Co., Ltd. manufacture and sell commercial frozen foods, retail frozen foods, canned goods, and seafood delicacies. This enables the company to meet a wide range of needs from household to commercial use.

In the logistics services business, Kyokuyo Akitsu Refrigeration operates cold storage warehouse services. This allows the company to efficiently manage food storage and distribution while maintaining quality until products reach consumers.

As other business operations, Kyokuyo General Services operates as an insurance agency, providing customers with a diverse range of insurance products and supporting their peace of mind.

Management Policy

Kyokuyo is guided by the corporate philosophy of "respect for humanity" and aims to contribute to healthy, enriched lifestyles and food culture. As a comprehensive food company centered on seafood, the company prioritizes the safe supply of reliable food products and environmental conservation. Through strengthening internal control systems and enforcing corporate ethics, Kyokuyo pursues transparent business operations and enhanced corporate value.

Kyokuyo is advancing its medium-term management plan "Gear Up Kyokuyo 2027." This plan expands the business foundation, strengthens the financial base, and reinforces partnerships with stakeholders while implementing initiatives across three perspectives: human resources and organization, four business divisions, and globalization. The aim is to enhance the company's growth potential and sustainability.

In the seafood business, Kyokuyo will expand seafood handling volumes through customer development and improve its ability to respond to seafood price fluctuations amid inflation. Overseas, the company will pursue M&A and strengthen coordination with local subsidiaries to expand international sales. In the fresh food business, Kyokuyo will enhance profitability by strengthening sales of products from its own factories, including overseas facilities.

In the food business, Kyokuyo will strengthen its frozen food sales structure and enhance product competitiveness through new product launches and improvements to existing offerings. For retail products, the company will increase capacity through new factory operations, and for ambient temperature foods, it will pursue sales growth by developing new categories and launching new canned products. In logistics services, Kyokuyo will strengthen bundled sales of warehousing and distribution services.

Kyokuyo has set medium-term targets of 15% or higher international sales ratio, 6% or higher ROIC (return on invested capital), and 3% or higher DOE (dividend on equity). These targets will enable the company to support aggressive growth investments, build trust with stakeholders, and enhance corporate value.

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