Overview
Foods

NAKAMURAYA CO.,LTD.

Nakamuraya Co., Ltd. is a Japanese food company engaged in three core segments: confectionery (Japanese sweets, Western confectionery, and bread), food products (commercial-use ingredients, retail foods, retort/canned foods, and restaurant operations), and real estate leasing (commercial buildings and land). The company is widely recognized for iconic products such as curry bread, Chinese steamed buns (chukaman), and its flagship Indian-style curry, sold through retail, food service, and its own restaurants. Headquartered in Shinjuku, Tokyo, with its landmark Shinjuku Nakamuraya Building housing restaurants, shops, and a museum, the company has built a strong brand rooted in over 120 years of history.

Market Cap
¥17.6B
US$112M
EV
¥8.84B
US$56.4M
Stock¥3,075▼-0.16%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.9
x
LTM EV/EBIT
7.0
x
LTM PER
21.9
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
17.6BUS$112MMarket Cap1.63BUS$10.4M+ Debt1.36BUS$8.69M− Cash9.01BUS$57.4M− Inv. Sec.8.84BUS$56.4MEV
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Performance & Balance
Revenue 5Y (¥B)
33.1US$211M'22/335.6US$227M'23/337.8US$241M'24/337.2US$238M'25/337.4US$238M'26/3
EBITDA 5Y (¥B)
1.37US$8.76M'22/31.36US$8.66M'23/32.43US$15.5M'24/32.56US$16.3M'25/33.13US$20.0M'26/3
Net Income 5Y (¥B)
0.23US$1.49M'22/3-0.03-US$0.18M'23/30.41US$2.58M'24/30.89US$5.64M'25/30.92US$5.85M'26/3
Capital Structure
94%
EquityD/E 0.06xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
6.00US$38.2M6.56US$41.8M'22/35.98US$38.1M6.84US$43.7M'23/37.56US$48.2M2.98US$19.0M'24/39.15US$58.3M0.50US$3.16M'25/311.4US$72.7M1.46US$9.29M'26/3
Shareholders
Top 10 hold 37.8%
1
NAKAMURAYA CO.,LTD. Business Partners' Stock Ownership Association
11.40%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.80%
3
Mizuho Bank, Ltd.
4.90%
4
Mitsui Fudosan Co.,Ltd.
3.10%
5
NIPPN CORPORATION
2.30%
6
Custody Bank of Japan, Ltd. (Trust Account)
2.20%
7
NITTO FUJI FLOUR MILLING CO.,LTD.
2.20%
8
MUFG Bank, Ltd.
2.00%
9
NAKAMURAYA CO.,LTD. Employee Stock Ownership Association
1.70%
10
SEVEN-ELEVEN JAPAN CO., LTD.
1.20%
Management
8 officers
Hiroyuki SHIMADA
Representative Director, President
Apr 1993 Joined the Company Apr 2014 General Manager, Packaged Food Division Apr 2017 Executive Officer, General Manager, Food Business Division Apr 2019 Executive Officer, General Manager, Confectionery and Food Business Division Apr 2021 Executive Officer, General Manager, Confectionery and Food Sales Division Jun 2022 Representative Director and President & Executive Officer Apr 2024 Representative Director, President (current)
1970-04-01
Masahiro HIRONAKA
Director and Executive Officer, General Manager of Business Promotion Division and General Manager of Overseas Business Development Office
Jan 1989 Joined the Company Jul 2013 General Manager, FF Business Marketing Department Apr 2023 Executive Officer, General Manager of Business Promotion Division Apr 2024 Executive Officer, General Manager of Business Promotion Division and General Manager of Overseas Business Development Office Jun 2025 Director and Executive Officer, General Manager of Business Promotion Division and General Manager of Overseas Business Development Office (current)
1966-03-22
Satoshi FUJIMOTO
Director
Apr 1980 Joined Fuji Bank, Ltd. Apr 2002 Deputy General Manager, Otemachi Sales Department No. 7, Mizuho Corporate Bank, Ltd. May 2004 General Manager, Corporate Department No. 1 and Corporate Department No. 3, Mizuho Corporate Bank, Ltd. Apr 2008 Executive Officer, General Manager, Sales Department No. 2, Mizuho Corporate Bank, Ltd. Apr 2010 Managing Executive Officer, in charge of Sales, Mizuho Corporate Bank, Ltd. Mar 2012 Managing Director, Tokyo Tatemono Co., Ltd. Jun 2013 Director and Managing Executive Officer, Sharp Corporation Jun 2015 Audit & Supervisory Board Member (part-time), Fuyo Auto Lease Co., Ltd. Aug 2015 Director (part-time), First Corporation, Ltd. (current) Jun 2017 Audit & Supervisory Board Member (part-time), Yasuda Warehouse Co., Ltd. (current) Jun 2017 Audit & Supervisory Board Member (part-time), the Company Jun 2022 Director (part-time), the Company (current)
1957-07-28
Naomi KANAI
Director
Apr 2000 Joined Daiwa Securities Co., Ltd. Jan 2002 Joined ORIX Corporation Feb 2007 Director, Gladstone Co., Ltd. May 2010 Advisor, One Equity Partners Apr 2018 Director, ALC Japan Co., Ltd. Oct 2022 Representative Director, Gladstone Co., Ltd. (current) Jul 2025 Advisor, Perovskite Systems Co., Ltd. (current)
Masaki SAITO
Full-time Audit & Supervisory Board Member
Apr 1987 Joined the Company Apr 2009 Head of Head Office Store Apr 2011 Head of Head Office Business Development Preparation Office Oct 2014 General Manager, Shinjuku Building Store Sales Department Apr 2016 Head of Business Development Promotion Office Apr 2018 Head of Management Planning Office Apr 2020 General Manager, Public Relations and CSR Department Apr 2023 Head of Internal Audit Office Jun 2024 Full-time Audit & Supervisory Board Member (current)
1965-03-13
Ken HYUGA
Audit & Supervisory Board Member
Apr 1982 Joined Yasuda Trust & Banking Co., Ltd. Apr 2009 General Manager, Branch Operations Department, Mizuho Trust & Banking Co., Ltd. Apr 2010 Executive Officer, Osaka Branch Manager, Mizuho Trust & Banking Co., Ltd. Apr 2012 Managing Executive Officer, Mizuho Trust & Banking Co., Ltd. Apr 2014 President and Director, Mizuho Trust Operations Co., Ltd. Jun 2014 Audit & Supervisory Board Member (part-time), Information Development Co., Ltd. Jun 2016 Representative Director and Vice President, Japan Shareholder Data Service Co., Ltd. Apr 2020 Visiting Professor, Graduate School of Strategic Management, Chuo University (FY2020) Jun 2020 Representative Director and President, Japan Shareholder Data Service Co., Ltd. Jun 2022 Audit & Supervisory Board Member (part-time), the Company (current)
1959-02-24
Naoki OGAWA
Audit & Supervisory Board Member
Dec 2010 Registered as attorney; joined Hibiya Park Law Offices Aug 2016 Counsel, Entrust Energy, Inc. (Texas, U.S.A.) Jun 2017 Registered as attorney in New York State Jul 2017 Returned to Hibiya Park Law Offices Jan 2020 Partner Attorney, Hibiya Park Law Offices (current) Jun 2023 Audit & Supervisory Board Member (part-time), the Company (current)
1984-12-04
Yuji TAKESHITA
Audit & Supervisory Board Member
Apr 1988 Joined the Company Apr 2022 General Manager, General Affairs and Legal Department (current)
Large Shareholding Reports
Nakamuraya Business Partners Shareholding Association (Chairman: Hiroo OKUDA)
2025-11-25
11.29%→0.00%
Nakamuraya Business Partners Shareholding Association (Chairman: Keitaro OKA)
2025-11-25
—
Nakamuraya Business Partners Shareholding Association (Chairman: Keitaro OKA)
2025-11-13
11.27%
Nakamuraya Business Partners Shareholding Association (Chairman: Hiroo OKUDA)
2025-11-13
11.29%→0.00%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-28
株主総会招集通知
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-11-25
Change Report
EDINETAmended
2025-11-25
Change Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-13
Large Shareholding Report
EDINET
2025-11-13
Large Shareholding Report
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-30
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-07
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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