Overview
Wholesale Trade

KITOKU SHINRYO CO.,LTD.

Kitoku Shinryo is a leading Japanese rice wholesaler engaged in the manufacturing and sale of milled rice (both household and commercial-use), brown rice, and minimum access rice imports, alongside feed, egg, and food product businesses. The company operates proprietary rice brands including 'Junzukuri' and 'e-come', serving retail chains, food service, and mid-meal (chuka-shoku) industries across Japan. Its competitive strengths lie in an integrated supply chain spanning domestic milling operations and international sourcing through subsidiaries in Vietnam, Thailand, China, and the United States.

Market Cap
¥14.0B
US$89.4M
EV
¥22.0B
US$140M
Stock¥1,712▼-0.47%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.3
x
LTM EV/EBIT
5.9
x
LTM PER
5.5
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-83.7%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 7, 25Correction selling from high levels
2Nov 10, 25Selling pressure from high levels
3Feb 13, 26Sharp decline due to profit-taking
MC → EV Bridge
14.0BUS$89.4MMarket Cap16.9BUS$108M+ Debt4.40BUS$28.1M− Cash5.10BUS$32.5M− Inv. Sec.0.64BUS$4.10M+ NCI22.0BUS$140MEV
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Performance & Balance
Revenue 5Y (¥B)
108US$688M'21/12105US$668M'22/12115US$732M'23/12119US$759M'24/12176US$1.12B'25/12
EBITDA 5Y (¥B)
0.94US$5.96M'21/121.80US$11.5M'22/122.59US$16.5M'23/122.90US$18.5M'24/128.54US$54.5M'25/12
Net Income 5Y (¥B)
0.51US$3.22M'21/121.04US$6.62M'22/121.48US$9.43M'23/121.72US$11.0M'24/125.52US$35.2M'25/12
Capital Structure
55%
45%
EquityD/E 0.82xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
5.17US$33.0M12.7US$81.3M'21/125.76US$36.8M9.61US$61.3M'22/126.64US$42.4M9.93US$63.4M'23/127.83US$49.9M13.1US$83.6M'24/129.73US$62.0M16.8US$107M'25/12
Shareholders
Top 10 hold 36.1%
1
Ryo KIMURA
6.11%
2
Hamada Seibaku Co., Ltd.
5.03%
3
SHINMEI Holdings Co.,LTD.
4.88%
4
Yamato Sangyo Co., Ltd.
4.27%
5
National Federation of Agricultural Cooperative Associations
3.66%
6
MUFG Bank, Ltd.
3.66%
7
Sumitomo Mitsui Banking Corporation
2.27%
8
The Norinchukin Bank
2.27%
9
KITOKU SHINRYO CO.,LTD. Employee Stock Ownership Association
2.09%
10
YAMAE HISANO CO., LTD.
1.86%
Management
11 officers
Yoshihiko KAMATA
Representative Director, President; Head of Sales Division
Apr 1983 Joined the Company Oct 2000 Manager, Operations Department, Operations Headquarters, the Company Apr 2007 Full-time Executive Officer; Deputy Head, Rice Business Sales Division, Sales Department, the Company Mar 2013 Director, Executive Officer; Deputy Head of Rice Business Sales Division, Sales Headquarters, the Company Mar 2016 Director, Managing Executive Officer; Head of Rice Business Sales Division, Sales Headquarters, the Company Mar 2020 Director, Managing Executive Officer; Deputy Head, Sales Headquarters; General Manager, West Japan Sales, Rice Business Division, the Company Mar 2022 Director, Executive Vice President, Executive Officer; Deputy Head, Sales Headquarters; General Manager, West Japan Sales, Rice Business Division, the Company Mar 2024 Representative Director, President and Executive Officer; Head of Rice Business Division, the Company Mar 2025 Representative Director, President; Head of Sales Division, the Company (current)
1959-10-16
Nobuo TAKEUCHI
Director, Chairman; Head of Rice Business Division, Sales Headquarters
Apr 1977 Joined Bizen Shokuryo Co., Ltd. Sep 2003 Director and General Manager, Rice Department, Bizen Shokuryo Co., Ltd. Jan 2012 Managing Executive Officer; General Manager, Chugoku-Shikoku Branch, Rice Business Sales Division, Sales Headquarters, the Company Mar 2013 Director, Executive Officer; General Manager, West Japan Sales, Rice Business Sales Division, Sales Headquarters, the Company Apr 2019 Director, Managing Executive Officer; General Manager, West Japan Sales, Rice Business Division, Sales Headquarters, the Company Mar 2020 Senior Managing Director; Deputy Head, Sales Headquarters; Head of Rice Business Division, the Company Mar 2022 Representative Director, President and Executive Officer, COO; Deputy Head, Sales Headquarters; Head of Rice Business Division, the Company Mar 2024 Director, Chairman; Head of Sales Headquarters, the Company Mar 2025 Director, Chairman; Head of Rice Business Division, the Company (current)
1957-07-30
Hideki INAGAKI
Director, Managing Executive Officer; General Manager, Administration Division
Mar 1992 Joined Shinryo Bussan Co., Ltd. Oct 2000 Manager, Finance Department, Administration Headquarters, the Company Apr 2007 Full-time Executive Officer; General Manager, Finance Department, Administration Division, the Company Apr 2009 Executive Officer; General Manager, Finance Department, Administration Division, the Company Mar 2013 Director, Executive Officer; General Manager, Rice Business Planning Office, Sales Headquarters, the Company Mar 2014 Director, Executive Officer; Head of Administration Division, the Company Mar 2016 Director, Managing Executive Officer; General Manager, Administration Division, the Company (current)
1962-10-24
Masanari KAN
Director, Managing Executive Officer; Head of President's Office
Apr 2000 Joined the Company Apr 2009 General Manager, Planning Office, Administration Department, Administration Division, the Company Jan 2012 General Manager, President's Office, the Company Apr 2016 Executive Officer; General Manager, President's Office, the Company Mar 2020 Director, Executive Officer; General Manager, President's Office, the Company Mar 2025 Director, Managing Executive Officer; General Manager, President's Office, the Company (current)
1973-11-14
Tomoki YAMADA
Director, Executive Officer; General Manager, Overseas Business, Sales Headquarters
Apr 1997 Joined the Company Apr 2003 Seconded to Angimex Kitoku Ltd. Feb 2009 Vice President and Director, Angimex Kitoku Ltd. Jul 2014 Manager, Overseas Business Department, Sales Headquarters, the Company Apr 2016 Executive Officer; General Manager, Overseas Business Department, Sales Headquarters, the Company Mar 2020 Director, Executive Officer; General Manager, Overseas Business, Sales Headquarters, the Company (current)
1973-08-13
Minoru KONNO
Director, Executive Officer; Deputy Head, Rice Business Division, Sales Headquarters; General Manager, Eastern Japan Region
Apr 1993 Joined Shinryo Bussan Co., Ltd. Apr 2014 Manager, Team 2, Rice Business Division 1, Sales Headquarters, the Company Jul 2018 General Manager, Sales Department, Rice Business Division, Sales Headquarters, the Company Mar 2021 Executive Officer; General Manager, Sales Department, Rice Business Division, Sales Headquarters, the Company Sep 2022 Executive Officer; General Manager, Purchasing Department, Rice Business Division, Sales Headquarters, the Company Mar 2024 Senior Executive Officer; Deputy Head, Rice Business Division, Sales Headquarters, the Company Mar 2025 Director, Executive Officer; Deputy Head, Rice Business Division; General Manager, Eastern Japan Sales, Sales Headquarters, the Company Jan 2026 Director, Executive Officer; Deputy Head, Rice Business Division; General Manager, Eastern Japan Region, Sales Headquarters, the Company (current)
1969-01-19
Taira SUZUKI
Director, Executive Officer; General Manager, Feed Business and Development Business, Sales Headquarters
Apr 2000 Joined Shinryo Bussan Co., Ltd. Jul 2017 Manager, Feed Business Department, Sales Headquarters, the Company Jul 2020 General Manager, Feed Business Department, Sales Headquarters, the Company Mar 2022 Executive Officer; General Manager, Feed Business Department, Sales Headquarters, the Company Mar 2025 Director, Executive Officer; General Manager, Feed Business, Sales Headquarters, the Company Jan 2026 Director, Executive Officer; General Manager, Feed Business and Development Business, Sales Headquarters, the Company (current)
1976-10-21
Yukiyo KASHIWABARA
Director
May 2001 Director, Sun Five Co., Ltd. (current) Dec 2011 Representative Director, Japan Health and Food Education Association (current) Mar 2015 Vice Chairman, Functional Healthy Rice Association (current) Sep 2021 Chair, Rice for Health Promotion Committee, Japan Healthcare Association (current) Mar 2025 Director, the Company (current)
1973-08-20
Kazunori TANIMOTO
Full-time Corporate Auditor
Apr 1983 Joined the Company Oct 2002 Manager, Operations Department, Rice Business Division, the Company Jul 2013 General Manager, Kansai Branch, Rice Business Sales Division, the Company Apr 2018 General Manager, Internal Audit Office, the Company Mar 2020 Corporate Auditor, the Company (current)
1961-01-19
Masaharu SUZUKI
Corporate Auditor
Nov 1976 Joined Tohmatsu & Aoki Audit Corporation (currently Deloitte Touche Tohmatsu LLC) Mar 1980 Registered as Certified Public Accountant Jul 1990 Partner, Tohmatsu & Aoki Audit Corporation Jul 2001 Managing Director, Japanese Institute of Certified Public Accountants Jul 2013 Vice President, Japanese Institute of Certified Public Accountants Jan 2020 Representative, Masaharu Suzuki CPA Office (current) Mar 2022 Corporate Auditor, the Company (current) Jun 2022 Outside Director, Fudo Tetra Corporation (current)
1954-12-06
Tatsuo OZAKI
Corporate Auditor
Apr 1988 Registered as Attorney at Law Apr 1988 Joined Fujibayashi Law Office (current) Jan 1997 Registered as Attorney in New York State, United States Apr 2007 Part-time Lecturer, Keio University Law School Graduate School (current) Jun 2010 Outside Corporate Auditor, Sumitomo Kokan Co., Ltd. (currently Nippon Steel Pipe Co., Ltd.) Mar 2023 Corporate Auditor, the Company (current)
1960-08-02
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-06
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-08
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-06
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-08
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-07
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-09
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINETAmended
2024-04-25
Amended Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2024-03-28
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-06
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-07
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-10
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-30
Annual Securities Report
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