Industries›39 companies · latest full-year results
The industry that manufactures and sells food and beverages. Provides products essential to people's lives.
The 39 food & beverage companies we cover had combined revenue of ¥30.4T (+4.4% year over year) and operating profit of ¥2.3T, an industry-wide operating margin of 7.7%.
JT leads on revenue (¥3.5T, a 11.4% share), and the top three hold 29% of industry sales. 23 grew both revenue and operating profit; 3 saw both fall.
JT has the highest operating margin (25.0%); average pay across the industry is ¥8.13M, highest at Asahi (¥13.4M).
Industry total
Food & Beverage · 39 companies
YoY compares companies with prior-year figures
StockShares are +16.4% over a year, ahead of the all-industry average (+14.9%) — #20 of 53 industries. Over the last month: +3.3%, +6.0pt against the market.Details
GuidanceCompany plans for FY2027 (38 companies combined): revenue +5.2%, operating profit +12.3%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions5 raised and 5 cut this year's forecast. The biggest revision: DyDo (operating profit +17.1%).Details
Latest resultsYear to date through Q1, 21 companies combined: revenue +6.1%, operating profit +15.6% year over year. 11 are ahead of an even pace toward their full-year plan, 5 behind.Details
Disclosures11 TSE filings in the last 90 days (litigation and governance 5, M&A and restructuring 3, buybacks 2).Details
Earnings dates27 companies report within 30 days, starting with NH Foods on Nov 2 and Kameda Seika on Nov 2.Details
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q3 cumulative) |
|---|---|---|---|---|---|
| ¥867.0B | ¥1.0T | +20.1% | Up +13.0% | 91% |
| ¥185.9B | ¥297.0B | +59.8% | Unchanged | 49% |
| - | ¥230.0B | - | Down −2.1% | 56% |
| ¥148.7B | ¥155.0B | +4.2% | Unchanged | 48% |
| ¥199.4B | ¥202.0B | +1.3% | Up +2.5% | 28% |
| ¥68.3B | ¥61.0B | −10.7% | Unchanged | 32% |
| ¥61.1B | ¥64.0B | +4.7% | Unchanged | 74% |
| ¥93.3B | ¥100.0B | +7.2% | Unchanged | 23% |
 | ¥28.5B | ¥27.0B | −5.1% | Unchanged | 34% |
 | ¥-72.4B | ¥36.0B | - | Unchanged | 94% |
 | ¥46.7B | ¥46.0B | −1.5% | Unchanged | 50% |
 | ¥62.3B | ¥67.8B | +8.7% | Down −2.5% | 27% |
 | ¥29.8B | - | - | Unchanged | - |
 | ¥75.9B | ¥78.8B | +3.8% | Unchanged | 31% |
 | ¥39.0B | ¥33.8B | −13.3% | - | - |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Food & Beverage | +3.3% | +2.5% | +16.4% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | +6.0pt | +3.4pt | +1.4pt |
Rank among industries:3M #18/531Y #20/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 14 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
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| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥3.5T | +13.4% | ¥867.0B | 25.0% | 11.4% | ¥9.52M | 41.3 | 5,994 |
| 2 | ¥2.9T | −1.5% | ¥185.9B | 6.4% | 9.5% | ¥13.4M | 44.9 | 328 |
| 3 | ¥2.4T | +4.1% | - | - | 8.0% | ¥10.0M | 41.8 | 1,067 |
| 4 | ¥1.7T | +1.1% | ¥148.7B | 8.7% | 5.6% | ¥11.6M | 40.7 | 504 |
| 5 | ¥1.6T | +3.5% | ¥199.4B | 12.6% | 5.2% | ¥10.6M | 43.5 | 3,705 |
| 6 | ¥1.5T | +6.3% | ¥68.3B | 4.7% | 4.8% | ¥8.61M | 40.4 | 1,233 |
| 7 | ¥1.3T | +5.4% | ¥61.1B | 4.7% | 4.3% | ¥6.26M | 39.6 | 19,175 |
| 8 | ¥1.2T | +1.7% | ¥93.3B | 7.9% | 3.9% | ¥9.10M | 42.7 | 295 |
| 9 | ¥1.1T | +8.4% | ¥28.5B | 2.7% | 3.5% | ¥7.66M | 41.0 | 777 |
| 10 | ¥893.8B | +0.1% | ¥-72.4B | -8.1% | 2.9% | - | - | - |
| 11 | ¥865.0B | +1.6% | ¥46.7B | 5.4% | 2.8% | ¥8.93M | 41.9 | 361 |
| 12 | ¥788.1B | +1.5% | ¥62.3B | 7.9% | 2.6% | ¥8.80M | 39.6 | 930 |
| 13 | ¥772.3B | +15.1% | ¥29.8B | 3.9% | 2.5% | ¥8.33M | 41.5 | 1,550 |
| 14 | ¥745.5B | +5.2% | ¥75.9B | 10.2% | 2.5% | ¥8.23M | 43.5 | 623 |
| 15 | ¥716.1B | +2.0% | ¥39.0B | 5.4% | 2.4% | ¥7.43M | 45.6 | 235 |
16 | ¥615.7B | +0.0% | ¥18.2B | 3.0% | 2.0% | ¥7.73M | 41.6 | 3,172 |
17 | ¥571.5B | +1.8% | ¥34.5B | 6.0% | 1.9% | ¥7.92M | 40.2 | 3,310 |
18 | ¥554.3B | +4.4% | ¥17.0B | 3.1% | 1.8% | ¥7.71M | 41.6 | 1,295 |
19 | ¥536.6B | +4.8% | ¥85.8B | 16.0% | 1.8% | ¥6.98M | 41.3 | 2,189 |
20 | ¥513.4B | +6.1% | ¥34.6B | 6.7% | 1.7% | ¥6.89M | 42.1 | 2,388 |
| 21 | ¥506.9B | - | ¥24.4B | 4.8% | 1.7% | ¥9.52M | 45.7 | 118 |
22 | ¥497.9B | +5.3% | ¥21.7B | 4.4% | 1.6% | ¥6.88M | 43.1 | 4,879 |
23 | ¥486.4B | −2.7% | ¥45.2B | 9.3% | 1.6% | ¥8.55M | 41.7 | 2,912 |
24 | ¥475.6B | +3.8% | ¥9.1B | 1.9% | 1.6% | ¥7.43M | 41.0 | 1,137 |
25 | ¥472.3B | +6.2% | ¥10.5B | 2.2% | 1.6% | ¥5.74M | 37.1 | 893 |
26 | ¥418.4B | +1.8% | ¥22.1B | 5.3% | 1.4% | ¥7.58M | 39.1 | 1,244 |
27 | ¥394.3B | +8.7% | ¥17.1B | 4.3% | 1.3% | ¥7.63M | 49.5 | 201 |
28 | ¥361.4B | +9.1% | ¥8.7B | 2.4% | 1.2% | ¥8.60M | 43.7 | 1,456 |
29 | ¥340.2B | +5.5% | ¥26.2B | 7.7% | 1.1% | ¥8.20M | 39.6 | 2,290 |
30 | ¥317.0B | +0.5% | ¥18.2B | 5.8% | 1.0% | ¥8.40M | 41.9 | 470 |
| 31 | ¥294.3B | −4.1% | ¥22.6B | 7.7% | 1.0% | ¥8.92M | 42.1 | 1,635 |
32 | ¥241.2B | +1.7% | ¥4.2B | 1.7% | 0.8% | ¥8.48M | 40.8 | 52 |
33 | ¥236.7B | +3.4% | ¥22.4B | 9.5% | 0.8% | ¥8.15M | 43.4 | 1,538 |
34 | ¥180.1B | +0.7% | ¥12.9B | 7.2% | 0.6% | ¥8.15M | 43.4 | 428 |
| 35 | ¥138.1B | +33.7% | ¥7.5B | 5.5% | 0.5% | ¥5.69M | 41.0 | 1,404 |
36 | ¥124.9B | +8.4% | ¥4.9B | 4.0% | 0.4% | ¥6.67M | 39.9 | 362 |
| 37 | ¥78.8B | +8.9% | ¥18.6B | 23.6% | 0.3% | - | 47.6 | 7 |
| 38 | ¥67.0B | +2.4% | ¥11.8B | 17.6% | 0.2% | ¥5.42M | 39.6 | 747 |
| 39 | ¥52.7B | +18.2% | ¥5.3B | 10.1% | 0.2% | ¥5.09M | 38.4 | 593 |
| Industry total / average | ¥30.4T | +4.4% | ¥2.3T | 7.7% | 100% | ¥8.13M | 41.9 | 71,497 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
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