KK Nichirei
2871
ISIN JP3665200006 / Valor 763030
KK Nichirei
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About company
KK Nichirei is a diversified Japanese company primarily focused on processed foods and temperature-controlled logistics. The Nichirei Logistics Group operates extensive refrigerated warehousing facilities with a total capacity of 2,256 thousand tons, facilitating the storage, transportation, and delivery of temperature-sensitive products such as frozen foods, water, livestock, poultry, and agricultural products. The company also engages in the production and sale of popular frozen food items, including Honkaku-Itame Cha-Han (fried rice) and Tokukara (fried chicken), and supplies delicatessen and commercial-use frozen foods to supermarkets and restaurants. Additionally, Nichirei is involved in the marine, meat, and poultry sectors, as well as bioscience and real estate. The holding company oversees the strategic direction of its subsidiaries, aiming to enhance corporate value through flexible business operations and long-term planning.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (14.08.2024):
Net Sales
KK Nichirei reported net sales of 171,157 million yen for the three months ended June 30, 2024, an increase from 163,965 million yen in the same period of the previous year. This growth reflects a positive trend in the company's sales performance.
Operating Profit
For the first quarter of 2024, KK Nichirei achieved an operating profit of 9,541 million yen, up from 7,924 million yen in the corresponding quarter of 2023. This improvement indicates better operational efficiency and cost management.
Ordinary Profit
KK Nichirei's ordinary profit for the three months ended June 30, 2024, was 10,332 million yen, compared to 8,325 million yen in the same period of the previous year. The increase in ordinary profit highlights the company's strong financial performance.
Profit Attributable to Owners of Parent
The profit attributable to owners of parent for KK Nichirei in the first quarter of 2024 was 6,444 million yen, up from 4,964 million yen in the same quarter of 2023. This rise in profit demonstrates the company's ability to generate higher returns for its shareholders.
Dividend Forecast
KK Nichirei has announced a forecasted annual dividend of 82.00 yen per share for the fiscal year ending March 31, 2025, up from 74.00 yen in the previous fiscal year. This increase in dividends reflects the company's confidence in its future financial stability and profitability.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3348 M
Market cap (USD)
300,600
Daily traded volume (Shares)
4116 / 4070
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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