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Mitsubishi Shokuhin

TSE:7451
Snowflake Description

Adequate balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7451
TSE
¥146B
Market Cap
  1. Home
  2. JP
  3. Consumer Retailing
Company description

Mitsubishi Shokuhin Co., Ltd. engages in the wholesale of processed foods, frozen and chilled foods, alcoholic beverages, and confectioneries in Japan and internationally. The last earnings update was 55 days ago. More info.


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  • Mitsubishi Shokuhin has significant price volatility in the past 3 months.
7451 Share Price and Events
7 Day Returns
7.7%
TSE:7451
1.3%
JP Consumer Retailing
5.1%
JP Market
1 Year Returns
-10%
TSE:7451
3.6%
JP Consumer Retailing
-10.9%
JP Market
7451 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mitsubishi Shokuhin (7451) 7.7% -7.2% -19.4% -10% -26.7% 0.6%
JP Consumer Retailing 1.3% 6.1% -6.5% 3.6% 4.3% 5.6%
JP Market 5.1% 1.7% -17.6% -10.9% -3% -7.5%
1 Year Return vs Industry and Market
  • 7451 underperformed the Consumer Retailing industry which returned 3.6% over the past year.
  • 7451 matched the Japan Market (-10.9%) over the past year.
Price Volatility
7451
Industry
5yr Volatility vs Market

7451 Value

 Is Mitsubishi Shokuhin undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mitsubishi Shokuhin to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mitsubishi Shokuhin.

TSE:7451 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in JPY ¥ 51
Payout Ratio Company Filings (2019-12-31) 2464.4%
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year JP Government Bond Rate -0.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSE:7451
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.39
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.393 (1 + (1- 30.86%) (0%))
0.594
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (0.8 * 6.33%)
4.97%

Discounted Cash Flow Calculation for TSE:7451 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Mitsubishi Shokuhin is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

TSE:7451 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥51 / (4.97% - -0.09%)
¥1007.11
TSE:7451 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥1,007.11
Current discount Discount to share price of ¥2,551.00
= -1 x (¥2,551.00 - ¥1,007.11) / ¥1,007.11
-153.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Mitsubishi Shokuhin is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mitsubishi Shokuhin's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mitsubishi Shokuhin's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:7451 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥183.63
TSE:7451 Share Price ** TSE (2020-04-09) in JPY ¥2551
Japan Consumer Retailing Industry PE Ratio Median Figure of 84 Publicly-Listed Consumer Retailing Companies 16.3x
Japan Market PE Ratio Median Figure of 3,072 Publicly-Listed Companies 12.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mitsubishi Shokuhin.

TSE:7451 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:7451 Share Price ÷ EPS (both in JPY)

= 2551 ÷ 183.63

13.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsubishi Shokuhin is good value based on earnings compared to the JP Consumer Retailing industry average.
  • Mitsubishi Shokuhin is overvalued based on earnings compared to the Japan market.
Price based on expected Growth
Does Mitsubishi Shokuhin's expected growth come at a high price?
Raw Data
TSE:7451 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Japan Consumer Retailing Industry PEG Ratio Median Figure of 35 Publicly-Listed Consumer Retailing Companies 2.24x
Japan Market PEG Ratio Median Figure of 1,281 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mitsubishi Shokuhin, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mitsubishi Shokuhin's assets?
Raw Data
TSE:7451 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥3,165.60
TSE:7451 Share Price * TSE (2020-04-09) in JPY ¥2551
Japan Consumer Retailing Industry PB Ratio Median Figure of 97 Publicly-Listed Consumer Retailing Companies 1.04x
Japan Market PB Ratio Median Figure of 3,578 Publicly-Listed Companies 0.86x
TSE:7451 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:7451 Share Price ÷ Book Value per Share (both in JPY)

= 2551 ÷ 3,165.60

0.81x

* Primary Listing of Mitsubishi Shokuhin.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mitsubishi Shokuhin is good value based on assets compared to the JP Consumer Retailing industry average.
X
Value checks
We assess Mitsubishi Shokuhin's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Mitsubishi Shokuhin has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

7451 Future Performance

 How is Mitsubishi Shokuhin expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.5%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Mitsubishi Shokuhin expected to grow at an attractive rate?
  • Mitsubishi Shokuhin's earnings growth is expected to exceed the low risk savings rate of -0.1%.
Growth vs Market Checks
  • Mitsubishi Shokuhin's earnings growth is positive but not above the Japan market average.
  • Unable to compare Mitsubishi Shokuhin's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSE:7451 Future Growth Rates Data Sources
Data Point Source Value (per year)
TSE:7451 Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 0 Analysts 6.5%
Japan Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
Japan Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.3%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSE:7451 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:7451 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31
2021-03-31
2020-04-09
2020-03-31
TSE:7451 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 2,644,951 10,492
2019-09-30 2,653,406 -16,767 11,732
2019-06-30 2,638,695 12,015
2019-03-31 2,620,316 16,313 11,963
2018-12-31 2,604,368 10,558
2018-09-30 2,577,321 11,704 10,699
2018-06-30 2,544,215 11,229
2018-03-31 2,513,427 18,333 10,799
2017-12-31 2,482,058 11,970
2017-09-30 2,459,790 43,807 11,709
2017-06-30 2,436,057 12,210
2017-03-31 2,411,474 23,044 12,391

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mitsubishi Shokuhin's earnings are expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Mitsubishi Shokuhin is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSE:7451 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mitsubishi Shokuhin Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:7451 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 213.52 213.52 213.52 1.00
2021-03-31 210.02 210.02 210.02 1.00
2020-04-09
2020-03-31 192.52 192.52 192.52 1.00
TSE:7451 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 183.63
2019-09-30 205.33
2019-06-30 210.28
2019-03-31 209.37
2018-12-31 184.78
2018-09-30 187.25
2018-06-30 196.52
2018-03-31 189.00
2017-12-31 209.49
2017-09-30 204.92
2017-06-30 213.69
2017-03-31 216.86

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mitsubishi Shokuhin will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Mitsubishi Shokuhin's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mitsubishi Shokuhin has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

7451 Past Performance

  How has Mitsubishi Shokuhin performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mitsubishi Shokuhin's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mitsubishi Shokuhin's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Mitsubishi Shokuhin's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Mitsubishi Shokuhin's 1-year earnings growth is negative, it can't be compared to the JP Consumer Retailing industry average.
Earnings and Revenue History
Mitsubishi Shokuhin's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mitsubishi Shokuhin Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:7451 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,644,951.00 10,492.00 166,270.00
2019-09-30 2,653,406.00 11,732.00 166,808.00
2019-06-30 2,638,695.00 12,015.00 166,706.00
2019-03-31 2,620,316.00 11,963.00 165,115.00
2018-12-31 2,604,368.00 10,558.00 164,693.00
2018-09-30 2,577,321.00 10,699.00 163,079.00
2018-06-30 2,544,215.00 11,229.00 160,667.00
2018-03-31 2,513,427.00 10,799.00 159,033.00
2017-12-31 2,482,058.00 11,970.00 157,486.00
2017-09-30 2,459,790.00 11,709.00 155,403.00
2017-06-30 2,436,057.00 12,210.00 154,839.00
2017-03-31 2,411,474.00 12,391.00 153,254.00
2016-12-31 2,403,537.00 11,652.00 152,520.00
2016-09-30 2,390,016.00 11,958.00 152,563.00
2016-06-30 2,385,781.00 12,053.00 151,855.00
2016-03-31 2,383,064.00 12,492.00 151,908.00
2015-12-31 2,362,966.00 12,502.00 150,647.00
2015-09-30 2,348,286.00 11,870.00 150,622.00
2015-06-30 2,344,998.00 11,181.00 150,083.00
2015-03-31 2,337,252.00 9,752.00 149,528.00
2014-12-31 2,362,896.00 9,298.00 150,525.00
2014-09-30 2,380,619.00 9,483.00 150,797.00
2014-06-30 2,385,812.00 8,690.00 150,949.00
2014-03-31 2,388,226.00 9,657.00 150,669.00
2013-12-31 2,363,949.00 10,991.00 154,156.00
2013-09-30 2,349,930.00 11,782.00 157,754.00
2013-06-30 2,331,372.00 12,349.00 161,447.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mitsubishi Shokuhin has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mitsubishi Shokuhin used its assets less efficiently than the JP Consumer Retailing industry average last year based on Return on Assets.
  • Mitsubishi Shokuhin's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mitsubishi Shokuhin's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mitsubishi Shokuhin has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

7451 Health

 How is Mitsubishi Shokuhin's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mitsubishi Shokuhin's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mitsubishi Shokuhin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mitsubishi Shokuhin's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mitsubishi Shokuhin's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are -163.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mitsubishi Shokuhin Company Filings, last reported 3 months ago.

TSE:7451 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 180,983.00 0.00 436.00
2019-09-30 178,549.00 0.00 329.00
2019-06-30 175,548.00 0.00 437.00
2019-03-31 176,106.00 0.00 351.00
2018-12-31 173,795.00 0.00 348.00
2018-09-30 174,340.00 0.00 356.00
2018-06-30 170,572.00 0.00 296.00
2018-03-31 167,689.00 0.00 2,492.00
2017-12-31 166,871.00 0.00 1,888.00
2017-09-30 162,744.00 0.00 1,509.00
2017-06-30 159,631.00 0.00 736.00
2017-03-31 157,726.00 0.00 1,575.00
2016-12-31 155,687.00 0.00 1,574.00
2016-09-30 151,890.00 0.00 310.00
2016-06-30 148,254.00 0.00 309.00
2016-03-31 148,143.00 0.00 327.00
2015-12-31 147,919.00 0.00 6,358.00
2015-09-30 144,404.00 0.00 3,832.00
2015-06-30 141,171.00 0.00 5,610.00
2015-03-31 139,020.00 0.00 3,902.00
2014-12-31 136,398.00 0.00 5,168.00
2014-09-30 133,064.00 0.00 5,422.00
2014-06-30 129,499.00 0.00 4,844.00
2014-03-31 126,126.00 0.00 5,521.00
2013-12-31 127,016.00 0.00 7,642.00
2013-09-30 123,718.00 0.00 7,905.00
2013-06-30 120,759.00 0.00 6,999.00
  • Unable to establish if Mitsubishi Shokuhin's level of debt is high without past debt data.
  • Unable to establish if Mitsubishi Shokuhin's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (419.8%, greater than 20% of total debt).
  • Mitsubishi Shokuhin has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Mitsubishi Shokuhin's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mitsubishi Shokuhin has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

7451 Dividends

 What is Mitsubishi Shokuhin's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.96%
Current annual income from Mitsubishi Shokuhin dividends. Estimated to be 2% next year.
If you bought ¥2,000 of Mitsubishi Shokuhin shares you are expected to receive ¥39 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Mitsubishi Shokuhin's pays a higher dividend yield than the bottom 25% of dividend payers in Japan (1.7%).
  • Mitsubishi Shokuhin's dividend is below the markets top 25% of dividend payers in Japan (3.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSE:7451 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Japan Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 93 Stocks 1.8%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2987 Stocks 2.8%
Japan Minimum Threshold Dividend Yield 10th Percentile 1%
Japan Bottom 25% Dividend Yield 25th Percentile 1.7%
Japan Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSE:7451 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 52.00 1.00
2021-03-31 50.00 1.00
2020-04-09
2020-03-31 50.00 1.00
TSE:7451 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2020-02-14 50.000 1.893
2019-11-14 50.000 1.630
2019-11-01 50.000 1.775
2019-06-25 50.000 1.836
2019-05-09 50.000 1.751
2019-02-14 50.000 1.734
2019-02-06 50.000 1.734
2018-11-14 50.000 1.704
2018-11-02 50.000 1.659
2018-06-26 50.000 1.705
2018-05-07 50.000 1.659
2018-02-14 50.000 1.615
2018-02-07 50.000 1.613
2017-11-14 50.000 1.501
2017-11-06 50.000 1.495
2017-06-27 50.000 1.534
2017-05-08 50.000 1.488
2016-06-28 50.000 1.544
2016-05-09 50.000 1.817
2016-02-12 42.000 1.451
2016-02-02 42.000 1.424
2015-11-13 42.000 1.456
2015-11-04 42.000 1.391
2015-06-25 42.000 1.527
2015-05-07 42.000 1.568
2015-02-13 42.000 1.662
2015-02-04 42.000 1.675
2014-11-14 42.000 1.612
2014-11-05 42.000 1.617
2014-05-07 42.000 1.725
2013-06-28 42.000 1.699
2013-05-07 42.000 1.670
2012-11-02 40.000 1.615
2012-08-03 40.000 2.077
2012-06-29 40.000 2.119
2012-05-07 40.000 2.157
2012-02-14 30.000 1.432
2012-02-03 30.000 1.419
2011-08-01 30.000 1.562
2011-06-30 30.000 1.576
2011-05-09 30.000 1.727
2011-02-14 0.000 0.000
2010-11-12 30.000 1.665
2010-11-01 30.000 1.689
2010-08-13 30.000 1.605
2010-08-02 30.000 1.470
2010-05-14 30.000 1.432
2010-04-30 30.000 1.369
2010-02-12 30.000 1.364
2009-11-13 22.000 0.910
2009-11-04 22.000 0.945
2009-08-14 22.000 0.973
2009-08-04 22.000 0.999

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Mitsubishi Shokuhin's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mitsubishi Shokuhin's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mitsubishi Shokuhin afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mitsubishi Shokuhin has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

7451 Management

 What is the CEO of Mitsubishi Shokuhin's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Toru Moriyama
AGE 65
TENURE AS CEO 4 years
CEO Bio

Mr. Toru Moriyama has been Chief Executive Officer and President of Mitsubishi Shokuhin Co., Ltd. since April 2016. Mr. Moriyama served as an Executive Vice President at Mitsubishi Corporation until March 31, 2016 and served as its Regional Chief Executive Officer of Asia & Oceania since June 21, 2013 until March 31, 2016. Mr. Moriyama served as Group Chief Operating Officer of Living Essentials Group at Mitsubishi Corporation. He served as General Manager of Merchandizing & Logistics Division and Senior Executive Vice President at Lawson Inc. since May 2006. He is the executive in charge of merchandizing and logistics and core operations of the Company. He held a long career centered on the marine products business. He served as a Senior Vice President of Mitsubishi Corporation. He served as General Manager of Next Generation Business Development at Mitsubishi Corporation. He served as Representative Director of Mitsubishi Shokuhin Co., Ltd. He serves as Member of the Board of Directors of Mitsubishi Shokuhin Co., Ltd. Mr. Moriyama served as a Director of Lawson Inc. since May 2006.

CEO Compensation
  • Insufficient data for Toru to compare compensation growth.
  • Insufficient data for Toru to establish whether their remuneration is reasonable compared to companies of similar size in Japan.
Management Team Tenure

Average tenure and age of the Mitsubishi Shokuhin management team in years:

4
Average Tenure
62
Average Age
  • The tenure for the Mitsubishi Shokuhin management team is about average.
Management Team

Toru Moriyama

TITLE
CEO, President & Representative Director
AGE
65
TENURE
4 yrs

Kazuaki Yamana

TITLE
CFO, COO of Corporate Staff Section & Director
TENURE
1.3 yrs

Michihiro Taniguchi

TITLE
Chief Information Officer & Executive Officer
TENURE
1.3 yrs

Koichi Enomoto

TITLE
Chief Compliance Officer
AGE
58
TENURE
4 yrs

Yoshio Shimada

TITLE
Executive Officer and Division Chief Operating Officer of Fresh Product & Food Service Division
TENURE
4 yrs

Masatsugu Nakagawa

TITLE
Executive Officer and Division COO of Frozen & Chilled Products Division(Retail Market)
TENURE
4 yrs

Yoichi Ichiura

TITLE
Executive Officer & COO of SCM Support Division
TENURE
1.3 yrs

Yasuo Yamamoto

TITLE
Managing Executive Officer & COO of Processed Foods Business Division
TENURE
2.3 yrs

Toshiki Furuya

TITLE
Managing Executive Officer
AGE
62
TENURE
5 yrs

Masahiro Hara

TITLE
Executive Officer & Division COO of Marketing Division
TENURE
4 yrs
Board of Directors Tenure

Average tenure and age of the Mitsubishi Shokuhin board of directors in years:

2
Average Tenure
58
Average Age
  • The average tenure for the Mitsubishi Shokuhin board of directors is less than 3 years, this suggests a new board.
Board of Directors

Toru Moriyama

TITLE
CEO, President & Representative Director
AGE
65

Kazuaki Yamana

TITLE
CFO, COO of Corporate Staff Section & Director
TENURE
1.3 yrs

Koichi Enomoto

TITLE
Chief Compliance Officer
AGE
58

Toshiki Furuya

TITLE
Managing Executive Officer
AGE
62
TENURE
4.8 yrs

Takashi Onose

TITLE
Managing Executive Officer

Yoshihiko Sugiyama

TITLE
Managing Executive Officer & Director
AGE
63

Shinsaku Mori

TITLE
Managing Executive Officer
TENURE
2.3 yrs

Tamaki Kakizaki

TITLE
Outside Director
AGE
58

Nobuyuki Teshima

TITLE
Outside Director
AGE
58

Nodoka Yamasaki

TITLE
Director
AGE
58
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess Mitsubishi Shokuhin's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mitsubishi Shokuhin has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

7451 News

Simply Wall St News

7451 Company Info

Description

Mitsubishi Shokuhin Co., Ltd. engages in the wholesale of processed foods, frozen and chilled foods, alcoholic beverages, and confectioneries in Japan and internationally. It is also involved in other business activities, including distribution and other services. The company was formerly known as Ryoshoku Ltd. and changed its name to Mitsubishi Shokuhin Co., Ltd. in July 2011. The company is headquartered in Tokyo, Japan. Mitsubishi Shokuhin Co., Ltd. is a subsidiary of Mitsubishi Corporation.

Details
Name: Mitsubishi Shokuhin Co., Ltd.
7451
Exchange: TSE
Founded: 1925
¥145,757,604,338
57,137,438
Website: http://www.mitsubishi-shokuhin.com
Address: Mitsubishi Shokuhin Co., Ltd.
1-1, Heiwajima 6-Chome,
Ota-Ku,
Tokyo,
143-6556,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 7451 Common Stock The Tokyo Stock Exchange JP JPY 17. Jul 1995
Number of employees
Current staff
Staff numbers
5,031
Mitsubishi Shokuhin employees.
Industry
Food Distributors
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 16:18
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/02/12
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.