Meiji Holdings Co Ltd 2269
Trading Information
- Previous Close Price
- ¥3,600.00
- Day Range
- ¥3,609.00–3,675.00
- 52-Week Range
- ¥3,247.00–3,837.00
- Bid/Ask
- ¥3,664.00 / ¥3,675.00
- Market Cap
- ¥1.00 Tril
- Volume/Avg
- 1.2 Mil / 1.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 23.77
- Price/Sales
- 0.91
- Dividend Yield (Trailing)
- 2.59%
- Dividend Yield (Forward)
- 2.72%
- Total Yield
- 3.55%
Company Profile
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan’s largest dairy company, and Meiji Seika, the country’s number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan’s aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group’s sales and 70% of profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, comprise merely 6.5% of the group sales are in red due to a surge in investment in China’s new factories and fierce price competition initiated by Chinese dairy makers.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Stock Style Box
- Mid Core
- Total Number of Employees
- 24,105
- Website
- http://www.meiji.com
Competitors
Valuation
|
Metric
|
2269
|
600887
|
02319
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.77 | 16.49 | 12.77 |
Price/Book Value | 1.37 | 3.07 | 1.35 |
Price/Sales | 0.91 | 1.35 | 0.63 |
Price/Cash Flow | 9.41 | 9.30 | 8.54 |
Price/Earnings
2269
600887
02319
Financial Strength
|
Metric
|
2269
|
600887
|
02319
|
|---|---|---|---|
Quick Ratio | 0.96 | 0.62 | 0.82 |
Current Ratio | 1.75 | 0.86 | 0.99 |
Interest Coverage | 238.11 | 5.71 | 3.30 |
Quick Ratio
2269
600887
02319
Profitability
|
Metric
|
2269
|
600887
|
02319
|
|---|---|---|---|
Return on Assets (Normalized) | 6.38% | 6.47% | 4.20% |
Return on Equity (Normalized) | 10.34% | 18.38% | 11.69% |
Return on Invested Capital (Normalized) | 8.82% | 7.99% | 5.36% |
Return on Assets
2269
600887
02319
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United States