Overview
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Shimadaya Corporation

Shimadaya Corporation is a leading Japanese noodle manufacturer engaged in the production and sale of chilled and frozen noodles for both household and foodservice (commercial-use) markets. The company's key products include its flagship 'Ryusui-men' (no-boil, rinse-and-eat noodles), 'Kenbi-men' (health-conscious noodles), fresh noodles, and long-life (LL) noodles, manufactured at FSSC22000-certified plants across 11 factories in Japan. Shimadaya holds the #2 national market share in household chilled noodles (10.9% value share, 2024) and #2 in commercial-use frozen noodles (19.2% value share, 2024), supported by strong brand investment and a nationwide stable supply network.

Market Cap
¥22.2B
US$141M
EV
¥19.3B
US$123M
Stock¥1,549▼-0.06%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.8
x
LTM EV/EBIT
5.4
x
LTM PER
9.1
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-35.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
22.2BUS$141MMarket Cap2.05BUS$13.1M+ Debt3.64BUS$23.2M− Cash1.29BUS$8.21M− Inv. Sec.19.3BUS$123MEV
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Performance & Balance
Revenue 5Y (¥B)
31.3US$199M'22/334.1US$218M'23/339.0US$249M'24/339.6US$253M'25/341.1US$262M'26/3
EBITDA 5Y (¥B)
4.81US$30.7M'25/35.33US$34.0M'26/3
Net Income 5Y (¥B)
1.05US$6.70M'22/31.84US$11.7M'23/32.53US$16.1M'24/32.55US$16.3M'25/32.60US$16.6M'26/3
Capital Structure
90%
EquityD/E 0.11xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'22/3'23/31.30US$8.30M'24/36.67US$42.6M0.11US$0.70M'25/35.68US$36.2M0.12US$0.74M'26/3
Shareholders
Top 10 hold 63.1%
1
Melco Group Co., Ltd.
33.94%
2
Hiroyuki MAKI
13.64%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.25%
4
Maki Makoto Foundation (Public Interest Incorporated Foundation)
3.49%
5
NIPPN CORPORATION
1.85%
6
Nisshin Flour Milling Inc.
1.85%
7
Custody Bank of Japan, Ltd. (Trust Account)
1.07%
8
Tomohiro YOSHIDA
0.79%
9
Taiji IWASAKI
0.67%
10
STATE STREETBANK AND TRUST COMPANY505001 (Standing Proxy: Mizuho Bank, Ltd.)
0.58%
Management
11 officers
Kenji OKADA
Representative Director, President and Executive Officer
Apr 1993 Joined the Company Apr 2014 Executive Officer; General Manager, Business-Use Business Division and Business-Use Sales Division Jun 2014 Director; General Manager, Business-Use Business Division and Business-Use Sales Division Apr 2015 Director; General Manager, Business-Use Sales Division Feb 2016 Director; General Manager, Marketing Division and Corporate Planning Department Feb 2017 Director; General Manager, Marketing Division Apr 2018 Director; General Manager, Marketing Division and Product Planning Department Jun 2018 Managing Director; General Manager, Marketing Division and Product Planning Department Apr 2019 Managing Director; General Manager, Production and Logistics Division Apr 2021 Managing Director May 2022 Senior Managing Director; General Manager, Production and Logistics Division Apr 2023 Representative Director, President; General Manager, Production and Logistics Division Apr 2024 Representative Director, President Apr 2025 Representative Director, President and Executive Officer (current)
1970-03-28
Nobuyuki OHARA
Director, Managing Executive Officer; General Manager, Growth Market Development Business Division
Apr 1986 Joined the Company Apr 2007 General Manager, Research and Development Department Apr 2010 Executive Officer; General Manager, Development Research Laboratory and Research and Development Department Jun 2012 Director; General Manager, Development Research Laboratory and Research and Development Department Apr 2014 Managing Director; General Manager, Marketing Division Apr 2015 Managing Director; General Manager, Marketing Division and Household Product Planning Department Feb 2016 Managing Director; General Manager, Development Research Laboratory Apr 2025 Director, Managing Executive Officer; General Manager, Growth Market Development Business Division (current)
1962-09-25
Naoki SONEDA
Director, Managing Executive Officer; General Manager, Household Business Division
Apr 1994 Joined the Company Apr 2011 General Manager, Household Chilled Sales Department, Tokyo Metropolitan Area Apr 2012 General Manager, Frozen Marketing Department Apr 2013 General Manager, Osaka Branch Apr 2019 General Manager, Planning Department May 2021 Director; General Manager, Planning Department Apr 2024 Managing Director; General Manager, Household Business Division Apr 2025 Director, Managing Executive Officer; General Manager, Household Business Division (current)
1972-01-11
Tomoyuki OTA
Director, Executive Officer; General Manager, Accounting Department
Jul 2005 Joined Buffalo Inc. Dec 2017 Full-time Senior Manager, Accounting Department of the Company (seconded from Buffalo Inc.) Apr 2019 General Manager, Accounting Department Apr 2021 General Manager, Accounting Department, Buffalo Inc. May 2023 Director; General Manager, Accounting Department Apr 2025 Director, Executive Officer; General Manager, Accounting Department (current)
1971-07-09
Yasuyuki TOBISAWA
Director
Apr 1993 Joined the Company Apr 2007 General Manager, Household Frozen Sales Department Apr 2008 General Manager, Food Service and Deli Sales Department Apr 2010 Group Manager, General Affairs Group, Human Resources and General Affairs Department Apr 2014 Group Manager, Human Resources Group, Human Resources and General Affairs Department Apr 2020 General Manager, Corporate Planning Department Apr 2025 Executive Officer; General Manager, Human Resources and General Affairs Department (current)
Toru MIYAISHI
Director
Apr 1986 Joined Sapporo Breweries Ltd. (now Sapporo Holdings Ltd.) Jan 2008 Director, Executive Officer; General Manager, Marketing Department, Sapporo Beverage Co., Ltd. Sep 2011 Director, Executive Officer; General Manager, Management Strategy Department, same company Mar 2012 General Manager, Human Resources and General Affairs Department, Sapporo Breweries Ltd. (new company) Mar 2013 General Manager, Management Strategy Department, same company Mar 2016 Director, Executive Officer; General Manager, Sales Division, same company Mar 2017 Director, Managing Executive Officer; General Manager, Sales Division, same company Mar 2019 Director, Executive Officer, same company Jan 2023 Director, Managing Executive Officer, Pokka Sapporo Food & Beverage Ltd.; Senior Managing Director, Sapporo Group Food Co., Ltd. Nov 2023 Director, Managing Executive Officer, Pokka Sapporo Food & Beverage Ltd.; Representative Director, President, Sapporo Group Food Co., Ltd. Mar 2024 Full-time Director, Audit and Supervisory Committee Member, Sapporo Holdings Ltd. Mar 2025 Full-time Director, Audit and Supervisory Committee Member, Sapporo Holdings Ltd.; Audit & Supervisory Board Member, Sapporo Breweries Ltd. Mar 2026 Advisor, Sapporo Holdings Ltd. (current)
Masaru KATO
Director, Audit and Supervisory Committee Member
Mar 1985 Joined the Company Apr 2010 General Manager, Corporate Planning Department Apr 2012 Head, Corporate Strategy Office Apr 2014 General Manager, Accounting Department Feb 2016 General Manager, Production Subsidiary Management Department Feb 2017 General Manager, Corporate Planning Department and Production Subsidiary Management Department Apr 2017 General Manager, Corporate Planning Department Apr 2020 Senior Manager, Corporate Planning Department May 2020 Full-time Audit & Supervisory Board Member May 2023 Director, Audit and Supervisory Committee Member (current)
1962-03-21
Yoshimasa NAGASE
Director, Audit and Supervisory Committee Member
Apr 1981 Joined Daiwa Securities Co., Ltd. Apr 2006 Executive Officer, Nagoya Branch Manager, Daiwa Securities SMBC Co., Ltd. Sep 2008 Executive Officer, International Business Planning and Corporate Planning, same company Apr 2009 Managing Executive Officer, same company Apr 2011 Managing Director, Deputy Head of Sales, and in charge of Corporate Clients, Daiwa Securities Co., Ltd. Apr 2013 Senior Managing Director, Head of Product & Solutions Division, same company Apr 2015 Senior Managing Executive Officer, Daiwa Securities Group Inc.; Representative Director, Senior Managing Director, in charge of Compliance, Daiwa Securities Co., Ltd. Apr 2019 Representative Director, J&U Co., Ltd. (current) Jul 2020 Director, Buffalo IT Solutions Inc. Jun 2021 Director, Melco Holdings Inc. (now Buffalo Inc.) Jun 2024 Outside Director, Saison Technology Inc. (current) Jun 2025 Director, Audit and Supervisory Committee Member of the Company (current) Jun 2025 Director, Audit and Supervisory Committee Member, Buffalo Inc. (current)
1957-11-03
Takashi MIYAMA
Director, Audit and Supervisory Committee Member
Apr 1981 Joined Ajinomoto Co., Inc. Jul 2001 General Manager, Amino Vitamin Business Division, same company Jul 2005 Representative Director, President, Ajinomoto Vietnam Jul 2009 General Manager, Processed Seasoning Business Division, Ajinomoto Co., Inc. Jul 2012 Representative Director, President, Ajinomoto Healthy Supply Co., Inc. Mar 2017 Representative Director, President and Executive Officer, F-LINE Corporation Aug 2021 Representative Director, Miyama Project Co., Ltd. (current) Jun 2022 Outside Director, Fayz Holdings Co., Ltd. (current) May 2023 Director, Audit and Supervisory Committee Member of the Company (current)
1958-10-22
Yasuyuki TAKAGI
Director, Audit and Supervisory Committee Member
Oct 1990 Joined Chuo Audit Corporation Jun 1994 Registered as Certified Public Accountant Jul 1994 Joined Toyo Audit Corporation Mar 1995 Registered as Licensed Tax Accountant Mar 1995 Opened Takagi Yasuyuki Tax Accountant Office May 1999 Audit & Supervisory Board Member, NTC Co., Ltd. (current) Sep 2008 Representative Director, Ochanomizu Accounting Service Co., Ltd. (current) Jun 2012 Audit & Supervisory Board Member, Chemiclear Co., Ltd. (current) Aug 2018 Audit & Supervisory Board Member, Kyowa Kogyo Co., Ltd. (current) Aug 2018 Audit & Supervisory Board Member, Sugisaki Co., Ltd. (current) Nov 2018 Audit & Supervisory Board Member, Nikko Co., Ltd. (current) May 2023 Director, Audit and Supervisory Committee Member of the Company (current) Sep 2023 Partner, TY Audit Corporation (current) Sep 2023 Audit & Supervisory Board Member, Sanicleen Tokyo Co., Ltd. (current)
1964-04-09
Ai SAKAI
Director, Audit and Supervisory Committee Member
Sep 2007 Registered as Attorney at Law Sep 2007 Joined Saito Sogo Law Office (current) Apr 2022 Vice President, Second Tokyo Bar Association Apr 2023 Managing Director, Japan Federation of Bar Associations Apr 2023 Deputy Head, Gender Equality Promotion Headquarters, Second Tokyo Bar Association Apr 2024 Chair, Dispute Mediation Committee, Second Tokyo Bar Association Jun 2024 Director, Audit and Supervisory Committee Member of the Company (current) Oct 2024 Member, Attorney Ethics Committee, Japan Federation of Bar Associations (current) Oct 2024 Vice Chair, Attorney Ethics Committee, Second Tokyo Bar Association (current) Apr 2025 Managing Director, Kanto Federation of Bar Associations Jun 2025 Vice Chair, Committee on Gender Equality, Japan Federation of Bar Associations (current) Apr 2026 Vice Chair, Dispute Mediation Committee, Second Tokyo Bar Association (current)
1975-01-28
Large Shareholding Reports
Melco Group Co., Ltd.
2026-05-15
31.94%
Annual report (as of 2026-03-31): 33.94%
Melco Group Co., Ltd.
2026-05-13
31.94%
Annual report (as of 2026-03-31): 33.94%
Melco Group Co., Ltd.
2026-03-09
31.94%→31.94%
Annual report (as of 2026-03-31): 33.94%
Melco Group Co., Ltd.
2026-03-05
37.86%→31.94%
Annual report (as of 2026-03-31): 33.94%
Melco Group Co., Ltd.
2026-02-13
37.86%→37.86%
Annual report (as of 2026-03-31): 33.94%
Melco Group Co., Ltd.
2026-02-13
37.86%→37.86%
Annual report (as of 2026-03-31): 33.94%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-17
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-02
株主総会招集通知
EDINETAmended
2026-05-15
Change Report
EDINET
2026-05-13
Large Shareholding Report
EDINET
2026-03-09
Large Shareholding Report
EDINET
2026-03-05
Large Shareholding Report
EDINET
2026-02-13
Large Shareholding Report
EDINET
2026-02-13
Large Shareholding Report
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2024-09-20
Amended Securities Registration Statement
EDINETAmended
2024-09-11
Amended Securities Registration Statement
EDINETAmended
2024-08-30
Amended Securities Registration Statement
EDINET
2024-08-26
Securities Registration Statement
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