Nichirei Corporation operates in the Food preparations sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nichirei with three other
companies in this sector in JAPAN :
House Shokuhin Group Honsha Kk
sales of 293.68 billion Japanese Yen [US$2.78 billion]
of which 48%
was Spicy Seasonings and Processed Foods Bus),
Nisshin Seifun Group Incorporated
(712.18 billion Japanese Yen [US$6.74 billion]
of which 43%
was Milling Business), and
Nippon Flour Mills Co Ltd
(344.84 billion Japanese Yen [US$3.27 billion]
of which 59%
was Food Business).
Nichirei reported sales of ¥584.86 billion (US$5.54 billion)
March of 2020.
a very small
increase of 0.8%
versus 2019, when the company's sales were ¥580.14 billion.
This was the fourth straight year of sales growth at Nichirei.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Nichirei had sales
of ¥545.27 billion.
Sales of Processed Food Business saw an increase
that was more than double the company's growth rate: sales were up
3.6% in 2020, from
¥226.18 billion to ¥234.40 billion.
Nichirei also saw significant increases in sales in
Logistics (up 2.7% to ¥190.45 billion)
Not all segments of Nichirei experienced an increase in sales in 2020:
sales of Marine Products Business fell 7.8% to ¥65.59 billion.
Nichirei also experienced decreases in sales in
Livestock Business (down 3.2% to ¥86.17 billion)
Other (down 2.9% to ¥4.91 billion)
Real Estate (down 1.4% to ¥3.34 billion)