Overview
Foods

KOIKE-YA Inc.

Koikeya is a leading Japanese snack food manufacturer specializing in potato chips and corn snacks, with iconic long-selling brands including 'Koikeya Potato Chips' (launched 1962), 'KARAMUCHO,' 'Sukkapa Mucho,' and 'SCORN.' The company operates five domestic production facilities across Japan and an overseas manufacturing plant in Vietnam, while distributing through subsidiaries in Taiwan, Vietnam, Thailand, and Hong Kong. As a subsidiary of Nissin Foods Holdings, Koikeya leverages group synergies in product development, procurement, and marketing to strengthen its competitive position in both domestic and international snack markets.

Market Cap
¥51.1B
US$326M
EV
¥57.1B
US$364M
Stock¥4,790▲+0.42%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.0
x
LTM EV/EBIT
13.8
x
LTM PER
17.7
x
LTM PBR
2.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
51.1BUS$326MMarket Cap10.4BUS$66.5M+ Debt4.55BUS$29.0M− Cash0.31BUS$1.95M− Inv. Sec.0.41BUS$2.60M+ NCI57.1BUS$364MEV
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Performance & Balance
Revenue 5Y (¥B)
30.4US$194M'22/344.6US$284M'23/354.8US$350M'24/359.4US$379M'25/361.2US$390M'26/3
EBITDA 5Y (¥B)
2.01US$12.8M'22/33.01US$19.2M'23/34.90US$31.3M'24/35.36US$34.2M'25/35.46US$34.8M'26/3
Net Income 5Y (¥B)
0.76US$4.83M'22/31.16US$7.42M'23/32.21US$14.1M'24/32.59US$16.5M'25/32.59US$16.5M'26/3
Capital Structure
67%
33%
EquityD/E 0.49xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.69US$23.5M1.67US$10.7M'22/34.86US$31.0M1.25US$7.95M'23/37.22US$46.1M1.08US$6.87M'24/33.86US$24.6M6.09US$38.8M'25/34.66US$29.7M12.2US$78.1M'26/3
Shareholders
Top 10 hold 78.6%
1
NISSIN FOODS HOLDINGS CO.,LTD.
45.10%
2
Koikeno-kai General Incorporated Association
15.01%
3
Takashi KOIKE
6.98%
4
W.B. Fine Ltd.
2.99%
5
Wataru KOIKE
2.96%
6
KOIKE-YA Inc. Employee Stock Ownership Association
2.02%
7
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
1.14%
8
Minako ISHIDA
0.80%
9
Ryo KISHIDA
0.80%
10
Shun KISHIDA
0.80%
Management
8 officers
Takashi KOIKE
Chairman and Representative Director
Oct 1980 Joined Koikeya Co., Ltd. Jul 1981 Director, Koikeya Co., Ltd. Jul 1986 Managing Director, Koikeya Co., Ltd. Jul 1991 Vice President and Director, Koikeya Co., Ltd. Mar 1995 Representative Director, President, Koikeya Co., Ltd. Nov 1995 Representative Director, President, the Company; President, Assist Ltd. Jun 2002 Representative Director, President, Frente Co., Ltd. Apr 2005 Representative Director, Chairman, Koikeya Co., Ltd.; Representative Director, Chairman, Assist Co., Ltd. Sep 2016 Representative Director, Chairman, the Company (current) Jun 2017 Non-Executive Director, Nissin Cisco Co., Ltd. (current) Jun 2024 Chairman of the Board, Taiwan Koikeya Co., Ltd. Outside Director and Audit and Supervisory Committee Member, Eagle Industry Co., Ltd. (current)
1956-08-06
Toyoshi HAMADA
Managing Director, General Manager of Sales Division
Jun 1997 Joined Koikeya Co., Ltd. Mar 2002 Manager, Osaka Mass Retail Sales Department, Koikeya Co., Ltd. Jan 2007 General Manager, Sales Division Coordination Department, Koikeya Co., Ltd. Jul 2015 Deputy General Manager, Sales Division, Koikeya Co., Ltd. Jan 2016 Executive Officer, Koikeya Co., Ltd. Oct 2016 Executive Officer, the Company; General Manager, Sales Division (current) Sep 2019 Director, the Company Jun 2023 Managing Director, the Company (current)
1969-10-24
Akira SATO
President and Representative Director
Apr 1982 Joined Kirin Brewery Co., Ltd. Mar 1990 Chief, Product Planning Department, Beer Business Division, Kirin Brewery Co., Ltd. Jun 1997 Deputy Manager, Product Planning Department, Kirin Beverage Co., Ltd. Mar 2008 General Manager, Marketing Department, Sales Division, Kirin Brewery Co., Ltd. Mar 2011 General Manager, Kyushu Regional Headquarters, Kirin Brewery Co., Ltd. Jan 2012 Executive Officer and General Manager, Kyushu Regional Headquarters, Kirin Marketing Co., Ltd. Mar 2014 Representative Director, President, Kirin Beverage Co., Ltd. Mar 2015 Director and Managing Executive Officer, Kirin Holdings Co., Ltd. May 2016 Executive Officer in charge of Marketing, the Company; Executive Officer, Nissin Foods Holdings Co., Ltd. Jul 2016 Vice President and Director, Koikeya Co., Ltd. Sep 2016 Representative Director, President, the Company (current) Apr 2021 Managing Executive Officer, Nissin Foods Holdings Co., Ltd. (current)
1959-06-27
Hiroaki OSHIMA
Director, General Manager of Management Division, General Manager of Accounting Department
Apr 1991 Joined Nissin Foods Co., Ltd. Sep 2016 Deputy General Manager, IFRS Promotion Office, Finance and Accounting Department, Nissin Foods Holdings Co., Ltd. Mar 2019 Deputy General Manager, Finance and Accounting Department, Nissin Foods Holdings Co., Ltd. Apr 2019 Seconded to the Company as Counselor, Accounting Department, Management Division Mar 2020 Executive Officer and General Manager, Accounting Department, Management Division, the Company (current) Jun 2025 Director, the Company (current); General Manager, Management Division (current)
1968-10-21
Michiaki YAMADA
Director
Apr 1989 Joined Kirin Brewery Co., Ltd. Mar 2010 General Manager, Product Development Laboratory, Marketing Department, Kirin Brewery Co., Ltd. Mar 2012 Representative Director, President, Higashiyama Agricultural Processing Co., Ltd. Mar 2015 General Manager, Business Strategy Department, Kirin Beverage Co., Ltd. Mar 2017 Executive Officer and General Manager, Planning Department, Mercian Corporation Mar 2021 Managing Executive Officer, Mercian Corporation May 2023 Joined Nissin Foods Holdings Co., Ltd. Jun 2023 Director in charge of Marketing Department, Nissin Cisco Co., Ltd. Apr 2024 Vice President and Director in charge of Marketing Department, Nissin Cisco Co., Ltd. Apr 2025 Representative Director, President, Nissin Cisco Co., Ltd. (current) Jun 2025 Director, the Company (current) Apr 2026 Executive Officer, Nissin Foods Holdings Co., Ltd. (current)
1965-01-19
Takashi MATSUO
Full-time Audit and Supervisory Committee Member (Director)
Apr 1984 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Jan 2007 Branch Manager, Nagano Branch, Mizuho Bank, Ltd. Apr 2010 Branch Manager, Ogikubo Branch, Mizuho Bank, Ltd. Apr 2012 Chief, Business Audit Department, Mizuho Bank, Ltd. Feb 2014 Counselor, Financial Institutions Division I, Mizuho Bank, Ltd.; seconded to Japan Post Bank Co., Ltd. Jul 2014 Counselor, Group Human Resources Department, Mizuho Financial Group, Inc.; seconded to Mizuho Business Partner Co., Ltd. Nov 2014 Managing Director, Mizuho Business Partner Co., Ltd. Sep 2021 Outside Director and Audit and Supervisory Committee Member, the Company (current)
1961-07-26
Toru KAMIDAIRA
Director (Audit and Supervisory Committee Member)
Sep 1982 Joined Tohmatsu Aoki Audit Corporation (now Deloitte Touche Tohmatsu LLC) Mar 1990 Resigned from the above; opened Kamidaira Accounting Office Jun 2000 Outside Auditor, Nippon Seito Co., Ltd. (now Fuji Nippon Co., Ltd.) Sep 2002 Auditor, the Company Sep 2015 Outside Director and Audit and Supervisory Committee Member, the Company (current)
1957-08-01
Chieko OUCHI
Director (Audit and Supervisory Committee Member)
Apr 1983 Joined Dentsu Inc. Apr 2003 General Manager, Medical Solutions Department, Account Planning and Solutions Bureau, Dentsu Inc. Jan 2010 Deputy Director and Senior Planning Director, Communication Design Center, Dentsu Inc. Jan 2016 General Manager, 3rd CR Planning Bureau, Dentsu Inc. Jan 2018 Executive Officer, Dentsu Inc. Jan 2022 Executive Advisor, Dentsu Inc. Oct 2022 Outside Director, Datsutanso-ka Shien Kiko Co., Ltd. Aug 2023 Outside Director, Nash Co., Ltd. (current) Jun 2024 Outside Director, Daito Trust Construction Co., Ltd. Jun 2025 Outside Director and Audit and Supervisory Committee Member, Daito Trust Construction Co., Ltd. (current) Outside Director, Kyodo Printing Co., Ltd. (current)
1962-10-09
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-04
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-03
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-04
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-20
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-05
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-07
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-22
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-09-29
Annual Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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