Revenue distribution by sectors:

• Food production: 70%
• Beverages: 20%
• Other: 10%

TOP 3 markets:

1. Japan: 50%
2. USA: 30%
3. China: 10%

Toyo Suisan Kaisha, Ltd. generates the majority of its revenue from food production, especially through instant noodles and other packaged foods. The home market of Japan remains the largest revenue contributor, followed by the USA, where the company also has a strong presence. China is a growing market that is increasingly gaining importance.

Production sites of Toyo Suisan Kaisha, Ltd.:

Toyo Suisan Kaisha, Ltd., known for its brand "Maruchan", mainly produces its products in Japan, the USA, and Mexico.

In Japan, the company operates several production facilities specializing in the production of instant noodles, fresh noodles, and other food products.

In the USA, the production sites are mainly located in California, where the company manufactures its popular instant noodles for the North American market.

Additionally, there are production plants in Mexico that serve both the local market and the export market.

This geographical diversification enables Toyo Suisan to efficiently respond to demand in different regions while optimizing logistics costs.

Revenue Growth: Estimated at 4-5% annually (2025, based on historical data)

Profit Growth: Estimated at 3-4% annually (2025, based on historical data)

Toyo Suisan Kaisha, Ltd. pursues a growth strategy based on diversifying its product range and expanding geographically. The company is increasingly focusing on developing new product lines in the ready-to-eat meals and healthy foods sector to meet changing consumer preferences.

Another focus is on expanding into international markets, particularly in Asia and North America, to reduce dependence on the domestic market. This expansion is supported by strategic partnerships and acquisitions to strengthen market presence and expand production capacities.

In addition, Toyo Suisan is investing in sustainable production methods and technologies to reduce its ecological footprint and meet increasing environmental standards. These measures are intended to secure the company's competitiveness and growth in the long term.

Main Commodities: Wheat, Fish, Vegetables, Spices

Countries of Origin:

• Wheat: USA, Canada, Australia
• Fish: Norway, Chile, Japan
• Vegetables: China, Thailand
• Spices: India, Vietnam

Toyo Suisan Kaisha, Ltd., known for its instant noodles and other food products, imports a variety of raw materials to meet its production requirements. Wheat, an essential ingredient for noodle production, is mainly imported from the USA, Canada, and Australia, as these countries are known for their high quality and stable supply chains.

Fish is imported from Norway and Chile to meet the demand for fresh and frozen seafood. These countries are leading in fish production and offer reliable deliveries.

For vegetables, the company relies on imports from China and Thailand, where the climatic conditions allow year-round production. Spices are sourced from India and Vietnam, known for their diversity and quality.

Market Share in Japan: Approximately 20% in the instant noodle segment (2023)

Revenue Growth: 3.5% (2023)

EBITDA Margin: 11.2% (2023)

Toyo Suisan Kaisha, Ltd. has a significant competitive advantage in the Japanese market, especially in the instant noodle sector, where the company holds a market share of about 20%. This strong market position is supported by established brand awareness and a wide product portfolio.

In 2023, the company experienced revenue growth of 3.5%, attributed to stable demand and successful product innovations. The EBITDA margin of 11.2% demonstrates solid profitability achieved through efficient production processes and cost savings.

Toyo Suisan also benefits from a strong international presence, particularly in the USA, making the company more resilient to domestic market fluctuations. The competitive advantage is further strengthened by continuous investments in research and development as well as strategic partnerships.

Institutional Investor Share: Approximately 45% (2025, estimated)

Insider Purchases/Sales: No significant transactions in the last year (2024)

The institutional investor share in Toyo Suisan Kaisha, Ltd. is around 45%, indicating a strong interest from institutional investors. These investors are often long-term oriented and can bring stability to the shareholder structure.

In 2024, there were no significant insider purchases or sales, suggesting that the management has confidence in the current corporate strategy and does not expect any major changes in the ownership structure.

Market share of Toyo Suisan Kaisha, Ltd.: 8% (2025, estimated)

Top competitors and their market shares:

1. Nissin Foods Holdings Co., Ltd.: 20%
2. Ajinomoto Co., Inc.: 15%
3. Maruha Nichiro Corporation: 10%
4. Nippon Suisan Kaisha, Ltd.: 9%
5. Toyo Suisan Kaisha, Ltd.: 8%
6. Kikkoman Corporation: 7%
7. Suntory Holdings Limited: 6%
8. Meiji Holdings Co., Ltd.: 5%
9. Yamasa Corporation: 4%
10. House Foods Group Inc.: 3%

Moat of Toyo Suisan Kaisha, Ltd.:

Toyo Suisan Kaisha, Ltd. is known for its strong brand presence, especially in the instant noodle sector. The company's moat lies in its established brand "Maruchan," which has high brand recognition both in Japan and internationally. This brand strength provides a certain level of protection against competition, as consumers often choose well-known brands.

Compared to its competitors, Nissin Foods has a stronger moat due to its innovation capabilities and global market leadership in the instant noodle sector. Ajinomoto excels with a diversified product portfolio and a strong presence in the food ingredients sector.

Toyo Suisan must continue to invest in innovation and market expansion to strengthen its moat and keep pace with the leading companies. The competition is intense, and the ability to differentiate through product innovation and brand loyalty is crucial for long-term success.

Revenue Growth: 5.2% (2024) Profit Growth: 4.8% (2024) Return on Equity: 9.5% (2024) Debt-to-Equity Ratio: 0.3 (2024)

Toyo Suisan Kaisha, Ltd. recorded a solid revenue growth of 5.2% in 2024, indicating stable demand for its products and an effective market strategy. The profit growth of 4.8% shows that the company is able to manage its costs efficiently and increase its profitability.

The return on equity of 9.5% is an indicator of the company's ability to generate profits from its equity. This is a positive sign for investors as it indicates efficient use of resources.

The debt-to-equity ratio of 0.3 shows that Toyo Suisan Kaisha follows a conservative financial strategy and is not heavily reliant on debt. This reduces financial risk and makes the company more resilient to economic fluctuations.

Overall, the financial stability and moderate growth suggest that Toyo Suisan Kaisha could be a solid investment. However, investors should also consider other factors such as market trends and competitive position before making a final decision.

Dividend Yield: 2.1% (estimated for 2025)
Dividend History: Continuous payout over the last 10 years

Toyo Suisan Kaisha, Ltd. is known for its stable dividend policy. The company has regularly distributed dividends in recent years, indicating a reliable payout. The estimated dividend yield of 2.1% for 2025 is based on historical payouts and the company's current financial position.

The reliability of dividend payments is supported by the solid financial performance and conservative financial policy of the company. Toyo Suisan Kaisha, Ltd. has demonstrated in the past its ability to pay dividends even in economically challenging times.