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Nittobest Corporation
(2877)
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Rating:50Neutral
Price Target:
¥736.00
▼(-0.54% Downside)
Action:Reiterated
Date:08/17/26
The score is primarily weighed down by mixed financial performance: stable growth and a reasonable balance sheet are offset by thin earnings quality and highly volatile cash flow (notably the 2025 drop). Technicals are broadly neutral with slightly soft momentum, and valuation appears somewhat expensive versus the current profitability profile, with only modest dividend support.
Positive Factors
Steady Revenue Growth
Consistent top-line expansion indicates resilient demand and a stable market position in packaged foods. Continued revenue growth can support operating scale and provide a durable base for improving profitability if cost control and pricing execution strengthen.
Negative Factors
Thin and Volatile Profitability
Earnings have not kept pace with revenue growth, indicating limited operating leverage and possible cost or pricing pressure. Persistently low margins reduce resilience and leave less room to absorb inflation, competition or shifts in consumer demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Consistent top-line expansion indicates resilient demand and a stable market position in packaged foods. Continued revenue growth can support operating scale and provide a durable base for improving profitability if cost control and pricing execution strengthen.
Read all positive factors
Nittobest Corporation (2877) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥9.05B
Dividend Yield1.61%
Average Volume (3M)2.96K
Price to Earnings (P/E)26.7
Beta (1Y)0.11
Revenue Growth1.82%
EPS Growth-19.15%
CountryJP
Employees1,840
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)27.95
Shares Outstanding12,102,660
10 Day Avg. Volume2,590
30 Day Avg. Volume2,956
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)0.54
Price to Sales (P/S)0.16
P/FCF Ratio6.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nittobest Corporation Business Overview & Revenue Model
Company Description
NittoBest Corporation is engaged in the manufacturing and distribution of a wide range of food products, including frozen, fresh, canned, packaged, chilled, and retort items, primarily for the Japanese market. The company was established in 1937 a...
How the Company Makes Money
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Nittobest Corporation Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
62
Positive
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.45B | 57.49B | 55.86B | 54.27B | 51.88B | 49.75B |
| Gross Profit | 9.65B | 9.63B | 9.23B | 9.08B | 8.82B | 9.07B |
| EBITDA | 2.22B | 2.32B | 2.44B | 2.55B | 2.29B | 2.65B |
| Net Income | 338.11M | 514.48M | 384.74M | 411.64M | 243.09M | 607.55M |
Balance Sheet | ||||||
| Total Assets | 42.47B | 41.20B | 40.05B | 42.78B | 40.38B | 38.58B |
| Cash, Cash Equivalents and Short-Term Investments | 5.04B | 4.28B | 3.50B | 5.71B | 3.68B | 3.46B |
| Total Debt | 8.72B | 10.55B | 11.14B | 11.48B | 11.84B | 10.58B |
| Total Liabilities | 25.38B | 23.92B | 23.46B | 26.59B | 24.89B | 23.35B |
| Stockholders Equity | 16.57B | 16.74B | 16.07B | 15.76B | 15.11B | 14.90B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.29B | -1.45B | 2.47B | -683.94M | 1.19B |
| Operating Cash Flow | 0.00 | 2.74B | 48.42M | 3.60B | 1.18B | 1.89B |
| Investing Cash Flow | 0.00 | -1.35B | -1.55B | -1.05B | -1.50B | -766.64M |
| Financing Cash Flow | 0.00 | -595.08M | -692.74M | -516.47M | 529.86M | -653.18M |
Nittobest Corporation Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥10.72B | 8.38 | ― | 3.11% | 8.64% | 8.94% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | ¥4.58B | 21.35 | ― | 1.92% | ― | ― | |
50 Neutral | ¥9.05B | 26.65 | ― | 1.63% | 1.82% | -19.15% | |
49 Neutral | ¥13.86B | 42.14 | ― | 1.61% | 2.79% | -56.09% | |
48 Neutral | ¥12.26B | -138.46 | ― | 1.38% | 9.62% | -179.71% | |
47 Neutral | ¥4.36B | 9.89 | ― | 3.37% | 2.24% | ― |
* Consumer Defensive Sector Average
JP:2877
Nittobest Corporation
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.