Overview
Foods

Fuji Nihon Corporation

Fuji Nihon Co., Ltd. (formerly Fuji Nihon Seito Corporation) operates across three core segments: refined sugar manufacturing and sales, functional ingredients, and real estate. The functional ingredients segment encompasses food additives, inulin, pectin, gelatin, fruit juices, flavors, and plant-based meat products, serving food manufacturers across Japan and Asia. The company leverages a network of consolidated subsidiaries and equity-method affiliates in Thailand, Korea, and China to expand its functional food materials business internationally.

Market Cap
¥31.7B
US$202M
EV
¥17.1B
US$109M
Stock¥618▼-0.64%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.3
x
LTM EV/EBIT
4.5
x
LTM PER
9.3
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-5.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
31.7BUS$202MMarket Cap4.62BUS$29.4M+ Debt6.14BUS$39.1M− Cash13.1BUS$83.8M− Inv. Sec.0.04BUS$0.27M+ NCI17.1BUS$109MEV
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Performance & Balance
Revenue 5Y (¥B)
20.1US$128M'22/322.7US$145M'23/325.9US$165M'24/328.2US$180M'25/328.4US$181M'26/3
EBITDA 5Y (¥B)
1.74US$11.1M'22/31.95US$12.4M'23/32.36US$15.1M'24/33.42US$21.8M'25/33.75US$23.9M'26/3
Net Income 5Y (¥B)
1.61US$10.3M'22/31.67US$10.7M'23/32.37US$15.1M'24/32.85US$18.1M'25/33.22US$20.5M'26/3
Capital Structure
86%
EquityD/E 0.17xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
11.2US$71.4M1.57US$9.99M'22/313.3US$84.5M2.23US$14.2M'23/314.9US$95.2M3.10US$19.8M'24/318.0US$115M4.82US$30.7M'25/321.9US$139M4.93US$31.5M'26/3
Shareholders
Top 10 hold 67.6%
1
Sojitz Corporation
31.78%
2
Wada Seito Co., Ltd.
9.57%
3
Suzuyo & Co., Ltd.
7.41%
4
Ensuiko Sugar Refining Co.,Ltd.
4.95%
5
The Shizuoka Bank, Ltd.
3.08%
6
Enomoto Buhei Shoten Co., Ltd.
2.95%
7
Ogura Unyu Co., Ltd.
2.60%
8
Niigata Prefecture Sugar Wholesale Receiving Cooperative
2.33%
9
Sojitz Foods Corporation
1.64%
10
YAKULT HONSHA CO.,LTD.
1.32%
Management
8 officers
Hidetoshi SOGA
Representative Director, President
Apr 1981 Joined Nissho Iwai Corporation (currently Sojitz Corporation) Jun 2010 Executive Officer, JALUX Inc. Apr 2011 General Manager, Food Business Division, Food & Resources Division, Lifestyle Industry Division, Sojitz Corporation Apr 2013 Representative Director, President, Sojitz Australia Ltd.; Representative Director, President, Sojitz New Zealand Ltd. Apr 2018 Representative Director, President, Sojitz Foods Corporation Jun 2021 Director, the Company Apr 2022 Chairman, Sojitz Foods Corporation Jun 2023 Director, Taiheiyo Seito Co., Ltd. (current); Director, Unitec Foods Co., Ltd.; Director, Tastable Inc. (current); Representative Director, President, the Company (current) Jul 2023 Director, Fuji Nihon Thai Inulin Co., Ltd. (current) Sep 2023 Director, FUJI NIHON (Thailand) Co., Ltd. (current); Director, DAY PLUS (THAILAND) Co., Ltd. (current) Apr 2024 Director, All Asian Countertrade, Inc. (current) Mar 2025 Director, Thai Wah Fuji Nihon Company Ltd. (current)
1959-03-15
Yuji YATSU
Director
Apr 1991 Joined PIAA Corporation Apr 1999 Joined the Company Jul 2019 General Manager, Shimizu Sales Office, Sugar Division, the Company Jul 2022 Deputy General Manager, Sugar Division, the Company Jun 2023 Executive Officer, Deputy General Manager, Sugar Division, the Company Jun 2024 Representative Director, President, Kyoritsu Foods Co., Ltd. (currently Fuji Nihon Shoji Co., Ltd.) Sep 2024 Director, Nan-ei Sugar Industry Co., Ltd. (current) Feb 2025 Executive Officer, General Manager, Sugar Division, the Company Apr 2025 Executive Officer, General Manager, Sugar & Sweeteners Division, the Company May 2025 Director, Fuji Nihon Shoji Co., Ltd. (current) Jun 2025 Director, Taiheiyo Seito Co., Ltd. (current) Jun 2025 Director, the Company (current)
1969-01-13
Akihiko TAKAHASHI
Director
Apr 1977 Joined Suzuyo & Co., Ltd. Jul 2005 Senior Managing Director in charge of special projects, International Department, Suzuyo & Co., Ltd. Nov 2005 General Manager, Logistics Planning Office, Suzuyo & Co., Ltd. Jun 2007 President, SUZUYO (THAILAND) Ltd. Nov 2010 Director, Suzuyo & Co., Ltd. Nov 2011 Managing Director, Suzuyo & Co., Ltd. Nov 2016 Senior Managing Director, Suzuyo & Co., Ltd. Nov 2018 Deputy President and Director, Suzuyo & Co., Ltd. (current) Jun 2020 Director, the Company (current); Director, FM Shimizu Shizuoka Co., Ltd. (current) Jun 2021 Representative Director, Shimizu Port Promotion Co., Ltd. (current) Nov 2025 Representative Director, Deputy President, Suzuyo & Co., Ltd. (current)
1955-01-26
Masakazu HANIHARA
Director
Apr 1986 Joined Nissho Iwai Corporation (currently Sojitz Corporation) Apr 2018 General Manager, Environment & Infrastructure Business Division, Energy & Social Infrastructure Division, Sojitz Corporation Jul 2019 Director, Sojitz Mirai Power Co., Ltd. Apr 2021 Assistant to General Manager, Retail & Consumer Service Division, Sojitz Corporation Oct 2021 Director, Sojitz Infinity Co., Ltd. (current) Jun 2023 Director, the Company (current) Apr 2024 Advisor in charge, Retail & Consumer Service Division, Sojitz Corporation (current)
1964-03-03
Izumi OGOSHI
Director
Oct 1989 Joined Social Engineering Institute Co., Ltd. May 1995 Joined Warner-Lambert K.K. Jan 1998 Joined Dentsu Inc. Mar 2020 Director (Audit and Supervisory Committee Member), Dentsu Group Inc. Apr 2024 Executive Officer, Change Holdings, Inc. (current) May 2024 Director (Audit and Supervisory Committee Member), Toho Co., Ltd. (current) Jun 2024 Director, the Company (current); Director, SRA Holdings, Inc. (current)
1964-04-29
Shinya KAJITA
Full-time Audit & Supervisory Board Member
Apr 1982 Joined Nissho Iwai Corporation (currently Sojitz Corporation) May 2008 Director, President, Japan Vietnam Fertilizer Co. Apr 2013 Senior Manager, Internal Control Division, Sojitz Corporation Mar 2016 Director, Sojitz Total Management Co., Ltd. (currently Sojitz Life One Corporation) Jul 2017 Director, Angelica Co., Ltd. Apr 2020 General Manager, Internal Audit Office, the Company Jun 2020 Audit & Supervisory Board Member, Unitec Foods Co., Ltd. Jun 2021 Audit & Supervisory Board Member, Taiheiyo Seito Co., Ltd. (current); Audit & Supervisory Board Member, the Company (current) Jun 2024 Audit & Supervisory Board Member, Fuji Nihon Shoji Co., Ltd. (currently Kyoritsu Foods Co., Ltd.) (current)
1959-05-05
Seijun FUJITA
Audit & Supervisory Board Member
Oct 1977 Joined Tohmatsu & Aoki Audit Corporation (currently Deloitte Touche Tohmatsu LLC) Jul 1986 Opened Fujita Accounting Office Jun 2000 Representative Partner, Shinsoh Audit Corporation Apr 2006 Chairman, Shinsoh Audit Corporation Oct 2008 Representative Partner, Shinsoh Partners Tax Accountants Corporation May 2021 Senior Advisor and Representative Partner, Shinsoh Audit Corporation Jun 2021 Audit & Supervisory Board Member, the Company (current) Jul 2022 Partner, Ginza K.T.C. Tax Accountants Corporation Jun 2023 Partner, Ginza K.T.C. Tax Accountants Corporation (current)
1954-03-25
Teruoki NINOMIYA
Audit & Supervisory Board Member
Apr 1989 Registered as attorney-at-law (Daiichi Tokyo Bar Association) Apr 1992 Opened Marui Sogo Law Office (current) Mar 2000 Doctor of Laws Jun 2013 Outside Director, Shinko Plantech Co., Ltd. (currently RaiseNext Inc.) Jun 2016 Outside Director (Audit and Supervisory Committee Member), Shinko Plantech Co., Ltd. (currently RaiseNext Inc.) Jun 2019 Outside Audit & Supervisory Board Member, Tokyo Enesys Co., Ltd. Apr 2021 Vice President, Daiichi Tokyo Bar Association Jun 2021 Outside Director (Audit and Supervisory Committee Member), Tokyo Enesys Co., Ltd. (current) Jun 2023 Audit & Supervisory Board Member, the Company (current) Nov 2024 Outside Audit & Supervisory Board Member, Asahi Concrete Works Co., Ltd. (current)
1960-06-03
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-06-25
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-20
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2024-07-31
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINETAmended
2023-07-31
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-21
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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