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2871 - Nichirei Share Price

¥2976 -29.0  -1.0%

Last Trade - 07/08/20

Sector
Consumer Defensives
Size
Large Cap
Market Cap £2.86bn
Enterprise Value £3.49bn
Revenue £4.18bn
Position in Universe 272nd / 3862
Bullish
Bearish
Unlock 2871 Revenue
Momentum
Relative Strength (%)
1m -4.00%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -6.71%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
519,963 535,351 539,657 568,032 580,141 584,858 587,577 606,479 +2.4%
+5.5 +38.2 +43.4 +5.5 +4.1 +2.4 -3.48 +8.34
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Nichirei Corp revenues decreased 3% to Y138.05B. Net income applicable to common stockholders increased 20% to Y5.36B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Advertisement decrease of 58% to Y534M (expense), Traveling & communication exp. decrease of 55% to Y269M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for 2871
Graphical History

Revenue

2871 Revenue Unlock 2871 Revenue

Net Income

2871 Net Income Unlock 2871 Revenue

Normalised EPS

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PE Ratio Range

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Dividend Yield Range

2871 Dividend Yield Range Unlock 2871 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
2871 EPS Forecasts Unlock 2871 Revenue
Profile Summary

NICHIREI CORPORATION is a Japan-based company engaged in processed food business, fishery business, livestock business, low-temperature logistics business, real estate business and other businesses. The Company operates in five business segments. Processed Food segment is engaged in the manufacture, process and sale of frozen food, processed agriculture products and others. Marin Products segment is engaged in the process and trading of seafood products. Animal Husbandry segment is engaged in process and sale of poultry, breeds, as well as the sale of chicken for meat. Low-temperature Logistics segment is engaged in the third-party logistics business, the provision of storage, inventory control and others. Real Estate segment is engaged in the leasing of office buildings and parking lots. The Company is also involved in the bioscience business, the personnel salary related business services, as well as the business related to greening management and cleaning services.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated December 24, 1942
Public Since May 16, 1949
No. of Shareholders: 16,546
No. of Employees: 15,824
Sector Consumer Defensives
Industry Food & Tobacco
Index Nikkei 225 , Nikkei 300 ,
Exchange Tokyo Stock Exchange
Shares in Issue 133,264,087
Free Float (0.0%)
Eligible for
ISAs
SIPPs
2871 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
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Range (12m)
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Latest News for 2871
Upcoming Events for 2871
Tuesday 29th September, 2020
Dividend For 2871.T - 22.0000 JPY
Wednesday 4th November, 2020 Estimate
Q2 2021 Nichirei Corp Earnings Release
Tuesday 2nd February, 2021 Estimate
Q3 2021 Nichirei Corp Earnings Release
Frequently Asked Questions for Nichirei
What is the Nichirei share price?

As of 07/08/20, shares in Nichirei are trading at ¥2976, giving the company a market capitalisation of £2.86bn. This share price information is delayed by 15 minutes.

How has the Nichirei share price performed this year?

Shares in Nichirei are currently trading at ¥2976 and the price has moved by 21.97% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Nichirei price has moved by 12.48% over the past year.

What are the analyst and broker recommendations for Nichirei?

Of the analysts with advisory recommendations for Nichirei, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Nichirei is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Nichirei next release its financial results?

Nichirei is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Nichirei dividend yield?

The Nichirei dividend yield is 1.41% based on the trailing twelve month period.

Does Nichirei pay a dividend?

Last year, Nichirei paid a total dividend of 42, and it currently has a trailing dividend yield of 1.41%. Looking ahead, shares in Nichirei are due to go ex-dividend on 2020-09-29 and the next dividend pay date is 2020-12-01.

When does Nichirei next pay dividends?

Nichirei are due to go ex-dividend on 2020-09-29 and the next dividend pay date is 2020-12-01. The historic dividend yield on Nichirei shares is currently 1.41%.

How do I buy Nichirei shares?

To buy shares in Nichirei you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Nichirei?

Shares in Nichirei are currently trading at ¥2976, giving the company a market capitalisation of £2.86bn.

Where are Nichirei shares listed? Where are Nichirei shares listed?

Here are the trading details for Nichirei:

Country of listing: Japan
Exchange: TYO
Ticker Symbol: 2871
What kind of share is Nichirei?

Based on an overall assessment of its quality, value and momentum, Nichirei is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Nichirei share price forecast 2020?

Shares in Nichirei are currently priced at ¥2976. At that level they are trading at 12.79% discount to the analyst consensus target price of 0.00.

Analysts covering Nichirei currently have a consensus Earnings Per Share (EPS) forecast of 154.2 for the next financial year.

How can I tell whether the Nichirei share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Nichirei. Over the past six months, the relative strength of its shares against the market has been 12.66%. At the current price of ¥2976, shares in Nichirei are trading at 7.87% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Nichirei PE Ratio?

The Nichirei PE ratio based on its reported earnings over the past 12 months is 17.86. The shares are currently trading at ¥2976.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Nichirei?

Nichirei's management team is headed by:

Toshiaki Murai - CHM
Kunio Ohtani - CHM
Takumi Taguchi - EXO
Tatsuo Udagawa - FID
Yoshifumi Kaneko - EXO
Kazunori Miki - EXO
Kenya Ohkushi - PRE
Junji Kawasaki - EXO
Yutaka Karino - DHR
Shizuka Uzawa - IND
Mieko Wanibuchi - IND
Kazuhiko Umezawa - EXO
Kuniko Shoji - IND
Masahiko Takenaga - EXO
Who are the major shareholders of Nichirei?

Here are the top five shareholders of Nichirei based on the size of their shareholding:

Nomura Asset Management Co., Ltd. Investment Advisor
Percentage owned: 6.91% (9.67m shares)
Mizuho Bank, Ltd. Bank and Trust
Percentage owned: 4.72% (6.61m shares)
Asset Management One Co., Ltd. Investment Advisor/Hedge Fund
Percentage owned: 4.38% (6.13m shares)
Nippon Life Insurance Company Insurance Company
Percentage owned: 4.1% (5.74m shares)
Mitsubishi UFJ Trust and Banking Corporation Bank and Trust
Percentage owned: 3.59% (5.03m shares)
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