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SEIHYO

SEIHYO CO.,Ltd.

Company highlights

The company has paid a dividend for 2 consecutive years.

Key figures

Period Mar 2025 to Feb 2026Parent onlyJapanese GAAP

RevenueDisclosed ¥4.8B
Operating marginCalculated 0.7%
Net assets to total assetsCalculated 37.6%

Company profile

Securities code 2872 / EDINET code E00447 / Foods / Fiscal year end end of February

新潟市北区島見町２４３４番地１０（同所は登記上の本店所在地で実際の業務は「最寄りの連絡場所」で行っております。）／Capital stock ¥377 million
Address, capital stock, fiscal year end and industry: the FSA’s EDINET code list.

Company details
飯塚 周一 Representative

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Disclosed data

Source: Annual Securities Report (Mar 2025 to Feb 2026) · filed 2026-05-25

Profitability ★☆☆☆☆position among all companies 0.7%
Growth (revenue, 4-year average) ★★★☆☆position among all companies 4.9%
Capital efficiency ★☆☆☆☆position among all companies 0.7%

Business activities and revenue composition

Revenue and profit by business segment

Disclosed segments (business divisions used in reporting): one

Revenue and profit

SEIHYO

Period Mar 2025 to Feb 2026Source Annual securities reports

Net sales and operating revenue ¥4.8B　100% Cost of sales ¥4.0B　82% Selling, general and administrative expenses ¥0.8B　17% Operating income ¥0.0B　1%
Amounts by account
GroupAccountAmountConsolidated / Non-consolidated
Selling, general and administrative expenses Salaries and allowances ¥0.2 billion Parent only
Miscellaneous expenses ¥86.16 million Parent only
Directors' compensations ¥64.55 million Parent only
Welfare expenses ¥39.84 million Parent only
Provision for bonuses ¥33.44 million Parent only
Depreciation ¥21.16 million Parent only
Rent expenses ¥20.75 million Parent only
Taxes and dues ¥16.81 million Parent only
Communication expenses ¥12.08 million Parent only
Traveling and transportation expenses ¥8.00 million Parent only
Advertising expenses ¥7.58 million Parent only
Sales commission ¥5.85 million Parent only
Entertainment expenses ¥3.26 million Parent only
Retirement benefit expenses ¥3.01 million Parent only
Provision of allowance for doubtful accounts ¥2.33 million Parent only
Profit by stage Gross profit (loss) ¥0.8 billion Parent only
Ordinary income ¥54.53 million Parent only
Operating income ¥35.37 million Parent only

SEIHYO

Selling, general and administrative expenses

Period Mar 2025 to Feb 2026Source Annual securities reports

Salaries and allowances ¥0.2 billion (18.6%)19%Miscellaneous expenses ¥0.1 billion (10.6%)11%Directors' compensations ¥0.1 billion (8.0%)8%Welfare expenses ¥0.0 billion (4.9%)Provision for bonuses ¥0.0 billion (4.1%)Depreciation ¥0.0 billion (2.6%)Other (not itemized) ¥0.4 billion (51.1%)51%¥0.8B
  • Salaries and allowances　¥0.2 billion
  • Miscellaneous expenses　¥0.1 billion
  • Directors' compensations　¥0.1 billion
  • Welfare expenses　¥0.0 billion
  • Provision for bonuses　¥0.0 billion
  • Depreciation　¥0.0 billion
  • Other (not itemized)　¥0.4 billion

Performance, financial position and capital allocation

Finance
37.6% Net assets to total assets Industry median 58.6% FY ending 2/2026 · consolidated / calculated
¥1,069.28 Net assets per share
¥4.0 billion Total assets
Capital allocation
133.6% Cash conversion Industry median 119.4% FY ending 2/2026 · consolidated / calculated

Long-term changes in performance

Period 2013 to 2026Disclosed

Revenue ×1.30 from 2013 to 2026

SEIHYO

Long-term revenue, profit and asset trends

Period 2013 to 2026Source Annual securities reportsDisclosed

Mark on the chart
5 3 2 -0 2013 2015 2017 2019 2021 2023 2025 2026 Net sales and operating revenue Ordinary income 2014　Ordinary income (loss) as a share of revenue -2.4 points, Ordinary income (loss) profit to loss 2016　Ordinary income (loss) as a share of revenue +3.2 points, Ordinary income (loss) loss to profit 2018　Ordinary income (loss) profit to loss 2019　Ordinary income (loss) as a share of revenue +3.1 points, Ordinary income (loss) loss to profit 2020　Ordinary income (loss) as a share of revenue -3.4 points, Ordinary income (loss) profit to loss 2021　Ordinary income (loss) as a share of revenue +3.2 points, Ordinary income (loss) loss to profit 5Latest value 2026 5¥ billion 5Highest in the period shown 2026 5¥ billion 3Lowest in the period shown 2015 3¥ billion ¥ billion

SEIHYO

Recent performance trends

Source Annual securities reports

5 3 2 0 4 years ago 3 years ago 2 years ago Last year This year Net sales and operating revenue Ordinary income ¥ billion

Year-on-year comparison

Period 2013 to 2026Disclosed

Item20222023202420252026
Net sales ¥4.0B ¥4.2B ¥4.3B ¥4.5B ¥4.8B
Year on year (%) +13.0% +5.9% +1.5% +5.4% +7.0%
Ordinary income (loss) ¥0.1B ¥0.0B ¥0.1B ¥0.1B ¥0.1B
Change from prior year +21.0% -52.9% +101.3% +86.0% -55.7%
Ordinary income (loss) as a share of Net sales 1.8% 0.8% 1.6% 2.7% 1.1%
Change (percentage points) +0.1 points -1.0 points +0.8 points +1.2 points -1.6 points

Fiscal periods marked for changes

Earlier fiscal periods (3)
  • 2014Ordinary income (loss) as a share of revenue -2.4 points, Ordinary income (loss) profit to loss
  • 2016Ordinary income (loss) as a share of revenue +3.2 points, Ordinary income (loss) loss to profit
  • 2018Ordinary income (loss) profit to loss
  • 2019Ordinary income (loss) as a share of revenue +3.1 points, Ordinary income (loss) loss to profit
  • 2020Ordinary income (loss) as a share of revenue -3.4 points, Ordinary income (loss) profit to loss
  • 2021Ordinary income (loss) as a share of revenue +3.2 points, Ordinary income (loss) loss to profit

SEIHYO

Earnings and net assets per share over time

Unit yenSource Annual securities reports

86 57 29 0 4 years ago 3 years ago 2 years ago Last year This year Earnings per share yen 1,069 713 356 0 4 years ago 3 years ago 2 years ago Last year This year Net assets per share yen

SEIHYO

Return on equity over time

Unit %Source Annual securities reports

9 6 3 0 4 years ago 3 years ago 2 years ago Last year This year Return on equity (ROE, %)
Parent only indicators (17 items)
Item4 years ago3 years ago2 years agoLast yearThis year
Net sales ¥4.0 billion ¥4.2 billion ¥4.3 billion ¥4.5 billion ¥4.8 billion
Ordinary income (loss) ¥69.74 million ¥32.88 million ¥66.17 million ¥0.1 billion ¥54.53 million
Net income (loss) ¥63.48 million ¥20.59 million ¥61.41 million ¥0.1 billion ¥11.48 million
Capital stock ¥0.2 billion ¥0.4 billion ¥0.4 billion ¥0.4 billion ¥0.4 billion
Total number of issued shares (common stock) 432,081 shares 540,081 shares 1,620,993 shares 1,620,993 shares 1,620,993 shares
Net assets ¥1.1 billion ¥1.5 billion ¥1.3 billion ¥1.4 billion ¥1.5 billion
Total assets ¥2.1 billion ¥2.9 billion ¥2.9 billion ¥3.3 billion ¥4.0 billion
Net assets per share 895.87 yen 969.72 yen 917.68 yen 1,000.2 yen 1,069.28 yen
Dividend per share 50 yen 50 yen 17 yen 18 yen 18 yen
Basic earnings (loss) per share 51.75 yen 13.78 yen 39.95 yen 85.68 yen 8.19 yen
Equity-to-asset ratio 52.5% 52.1% 43.8% 42.4% 37.6%
Return on equity 5.9% 1.5% 4.4% 8.9% 0.7%
Payout ratio 32.1% 120.9% 42.5% 21.0% 219.5%
Net cash provided by (used in) operating activities ¥0.3 billion ¥0.2 billion ¥0.2 billion ¥34.69 million ¥44.84 million
Net cash provided by (used in) investing activities ¥-89.72 million ¥-0.2 billion ¥-0.5 billion ¥-80.53 million ¥-0.1 billion
Net cash provided by (used in) financing activities ¥-48.61 million ¥0.3 billion ¥3.85 million ¥0.2 billion ¥-11.95 million
Cash and cash equivalents ¥0.2 billion ¥0.6 billion ¥0.2 billion ¥0.3 billion ¥0.2 billion

Dividend history

Source: reporting company’s key figures, annual securities reports · 13 years (2013 to 2026)Parent-onlyDisclosed

0 periods Consecutive increases (own definition) through FY ending 2/2026
2 periods Consecutive periods with dividends (site definition) through FY ending 2/2026
+0.0% Dividend growth (year on year)
Fewer than six years Dividend growth (5-year annual rate)
Fiscal yearAnnual dividend per share Of which interimPayout ratio (as reported, parent only) Flag
FY ending 2/2026 ¥18 Could not be retrieved 219.5%
FY ending 2/2025 ¥18 Could not be retrieved 21.0%
FY ending 2/2024 ¥17 Could not be retrieved 42.5% Stock split or share consolidation noted
FY ending 2/2023 ¥50 Could not be retrieved 120.9%
FY ending 2/2022 ¥50 Could not be retrieved 32.1%
FY ending 2/2021 ¥40 Could not be retrieved 34.5%
FY ending 2/2020 ¥30 Could not be retrieved Could not be retrieved
FY ending 2/2019 ¥40 Could not be retrieved 25.3%
FY ending 2/2018 ¥30 Could not be retrieved 98.6% Stock split or share consolidation noted
FY ending 2/2017 ¥4 Could not be retrieved 147.4%
FY ending 2/2016 ¥3 Could not be retrieved 19.8%
FY 2015 Could not be retrieved Could not be retrieved Could not be retrieved
FY ending 2/2014 ¥3 Could not be retrieved Could not be retrieved
FY ending 2/2013 ¥3 Could not be retrieved 23.7%

SEIHYO

Dividends per share over time

Unit yenSource Annual securities reports

50 33 17 0 4 years ago 3 years ago 2 years ago Last year This year Dividend per share yen

Shareholder composition

As of 2026-02-28Disclosed

Share ownership by holder category

3,386 Shareholders
0.16% Foreign holders (total) Industry median 5.03%
71.45% Individuals and others Industry median 40.00%

SEIHYO

Unit %Source Annual securities reports

  • Financial institutions9.16%
  • Securities firms1.78%
  • Other corporations17.41%
  • Foreign holders (institutions)0.08%
  • Foreign holders (individuals)0.08%
  • Individuals and others71.45%

Major shareholders

RankShareholderShareholding ratioShares held
1 大協リース株式会社 12.82% 180,000
2 日本マスタートラスト信託銀行株式会社（信託口） 5.41% 76,000
3 株式会社第四北越銀行 4.36% 61,200
4 セイヒョー取引先持株会 2.76% 38,800
5 井嶋 孝 2.18% 30,600
6 山津水産株式会社 2.08% 29,313
7 飯塚 周一 1.75% 24,621
8 荒川 恒夫 1.15% 16,200
9 丸七商事株式会社 0.86% 12,150
10 山田 明 0.78% 11,000

Research and development expenses and capital expenditure

Source: R&D and capital expenditure sections, annual securities reports · 4 years (2020 to 2026)Disclosed

Not disclosed Research and development
¥0.7 billion Capital expenditure
Fiscal year Capital expenditure
FY ending 2/2026 ¥0.7 billion
FY ending 2/2025 ¥0.2 billion
FY ending 2/2021 ¥0.1 billion
FY ending 2/2020 ¥0.3 billion

Revenue scale in the same industry

SEIHYO

Source Annual securities reports of each company

Foods: 130 companies · revenue · largest first・each company’s latest fiscal year・consolidated (parent-only where no consolidated figures)・Disclosed

Workforce information

Source: Annual Securities Report (Mar 2025 to Feb 2026)Parent-onlyDisclosed

108 Employees (parent only) Industry median 451
40.5 Average age Industry median 41.3
9.3 years Average length of service Industry median 15.2 years
¥4.54 million Average annual salary Industry median ¥6.41 million
People and organisation
44.4¥ million Sales per employee Industry median 67.9¥ million FY ending 2/2026 · parent company only / calculated
¥0.33 million Operating income per employee
24.0% Share of female employees
Men 81
Women 64 Employees by gender
2 / 12 Female managers
1 / 7 Female officers
53 Average temporary staff

Administrative filings and published information

Workplace information filings

Filed 2026-04-23Disclosed

ItemValue
Employees 145
Annual paid leave taken
Scope: その他		 60.9%
Share of managers who are women 16.7%
Share of board members who are women 14.3%

Greenhouse gas emissions

Reported to the government for fiscal 2023Disclosed

CategoryEmissions
特定事業所排出者4,762 t-CO2
Sites covered by the report1

Audit and disclosure information

Annual securities report, year ended 2026-02-28Disclosed

ItemValue
Audit firm かなで監査法人
Audit fees (this year, filing company) ¥14.00 million
Non-audit fees (this year, total) Not applicable
Going concern note Cannot be determined
Accounting standard Japanese GAAP

See the book series →

Sources and methodology

Retrieved disclosed figures

Accounts and values from the annual securities report, by section

Major management indicators (5 years) (17 items)

ItemValueConsolidated / Non-consolidated
Dividend per share 18 yen Parent only
Net cash provided by (used in) operating activities ¥44.84 million Parent only
Net sales ¥4.8 billion Parent only
Net income (loss) ¥11.48 million Parent only
Net cash provided by (used in) investing activities ¥-0.1 billion Parent only
Cash and cash equivalents ¥0.2 billion Parent only
Total number of issued shares (common stock) 1,620,993 shares Parent only
Net assets ¥1.5 billion Parent only
Ordinary income (loss) ¥54.53 million Parent only
Total assets ¥4.0 billion Parent only
Return on equity 0.7% Parent only
Equity-to-asset ratio 37.6% Parent only
Net cash provided by (used in) financing activities ¥-11.95 million Parent only
Capital stock ¥0.4 billion Parent only
Payout ratio 219.5% Parent only
Basic earnings (loss) per share 8.19 yen Parent only
Net assets per share 1,069.28 yen Parent only

Employees (5 items)

ItemValueConsolidated / Non-consolidated
Average length of service (years) 9.3 years Parent only
Average annual salary ¥4.54 million Parent only
Average age (years) 40.5 years old Parent only
Number of employees 108 people Parent only
Number of employees 108 people Parent only

Other disclosed items (4 items)

ItemValueConsolidated / Non-consolidated
Average number of temporary employees 53 people Parent only
Average number of temporary employees 53 people Parent only
Total return on the share price index 238.4% Parent only
Write-downs of inventories ¥20.58 million Parent only

Shares (10 items)

ItemValueConsolidated / Non-consolidated
Number of shares held 479,884 shares Consolidated
Total number of shares held treasury shares etc 217,500 shares Consolidated
Number of shares 1,620,993 shares Consolidated
Shareholding ratio treasury shares etc 13.4% Consolidated
Shareholding ratio 34.2% Consolidated
Number of shares held in own name treasury shares etc 217,500 shares Consolidated
Number of voting rights 13,812 units Consolidated
Carrying amount on the balance sheet ¥0.3 billion Consolidated
Number of issues 1 issues Consolidated
Total shareholder return 198.9% Parent only

Property and facilities (1 items)

ItemValueConsolidated / Non-consolidated
Capital expenditures ¥0.7 billion Consolidated

Audit (1 items)

ItemValueConsolidated / Non-consolidated
Fees for audit and attestation services - reporting company ¥14.00 million Consolidated

Balance sheet (82 items)

ItemValueConsolidated / Non-consolidated
Other ¥5.00 million Parent only
Other ¥3.90 million Parent only
Other ¥3.77 million Parent only
Other ¥56.58 million Parent only
Valuation difference on available-for-sale securities ¥0.2 billion Parent only
Other capital surplus ¥8.96 million Parent only
Software ¥13.06 million Parent only
Lease obligations ¥0.2 billion Parent only
Lease obligations ¥39.49 million Parent only
Lease assets ¥0.4 billion Parent only
Lease assets, net ¥0.2 billion Parent only
Work in process ¥2.54 million Parent only
Investments in capital ¥1.07 million Parent only
General reserve ¥0.8 billion Parent only
Retained earnings ¥1.0 billion Parent only
Legal retained earnings ¥37.50 million Parent only
Prepaid expenses ¥21.66 million Parent only
Raw materials and supplies ¥0.2 billion Parent only
Merchandise and finished goods ¥0.8 billion Parent only
Non-current liabilities ¥1.1 billion Parent only
Non-current assets ¥2.2 billion Parent only
Land ¥0.6 billion Parent only
Accounts receivable - trade ¥0.6 billion Parent only
Tools, furniture and fixtures ¥66.96 million Parent only
Tools, furniture and fixtures ¥21.48 million Parent only
Guarantee deposits ¥34.94 million Parent only
Buildings ¥2.3 billion Parent only
Buildings, net ¥0.5 billion Parent only
Construction in progress ¥41.14 million Parent only
Investments and other assets ¥0.3 billion Parent only
Investment securities ¥0.3 billion Parent only
Property, plant and equipment ¥1.8 billion Parent only
Income taxes payable ¥25.89 million Parent only
Accrued consumption taxes ¥1.51 million Parent only
Accrued expenses ¥75.49 million Parent only
Accounts payable - other ¥83.74 million Parent only
Shareholders' equity ¥1.3 billion Parent only
Structures ¥0.2 billion Parent only
Structures, net ¥64.92 million Parent only
Machinery and equipment ¥1.6 billion Parent only
Machinery and equipment, net ¥0.4 billion Parent only
Current liabilities ¥1.4 billion Parent only
Current assets ¥1.8 billion Parent only
Accumulated depreciation ¥-0.2 billion Parent only
Accumulated depreciation ¥-45.48 million Parent only
Accumulated depreciation ¥-1.8 billion Parent only
Accumulated depreciation ¥-0.1 billion Parent only
Accumulated depreciation ¥-1.2 billion Parent only
Accumulated depreciation ¥-8.30 million Parent only
Intangible assets ¥14.43 million Parent only
Cash and cash equivalents ¥0.2 billion Parent only
Cash and deposits ¥0.2 billion Parent only
Short-term loans payable ¥0.5 billion Parent only
Bonds payable ¥60.00 million Parent only
Net assets ¥1.5 billion Parent only
Net assets ¥1.5 billion Parent only
Total assets ¥4.0 billion Parent only
Deferred tax liabilities ¥76.84 million Parent only
Retained earnings brought forward ¥0.2 billion Parent only
Treasury stock ¥-0.3 billion Parent only
Accounts payable facilities ¥94.65 million Parent only
Valuation and translation adjustments ¥0.2 billion Parent only
Liabilities ¥2.5 billion Parent only
Liabilities and net assets ¥4.0 billion Parent only
Accounts payable - trade ¥0.4 billion Parent only
Allowance for doubtful accounts ¥-0.02 million Parent only
Allowance for doubtful accounts ¥-5.86 million Parent only
Capital surplus ¥0.2 billion Parent only
Legal capital surplus ¥0.2 billion Parent only
Capital stock ¥0.4 billion Parent only
Asset retirement obligations ¥0.2 billion Parent only
Provision for bonuses ¥53.53 million Parent only
Vehicle and delivery equipment ¥11.37 million Parent only
Vehicles, net ¥3.07 million Parent only
Provision for retirement benefits ¥0.1 billion Parent only
Long-term loans payable ¥0.4 billion Parent only
Long-term prepaid expenses ¥37.77 million Parent only
Long term accounts payable other ¥23.89 million Parent only
Telephone subscription right ¥1.36 million Parent only
Deposits received ¥9.37 million Parent only
Current portion of bonds payable ¥20.00 million Parent only
Current portion of long-term loans payable ¥0.1 billion Parent only

Statement of income (55 items)

ItemValueConsolidated / Non-consolidated
Other ¥4.71 million Parent only
Other ¥2.35 million Parent only
Real estate rent ¥13.69 million Parent only
Rent expenses on real estates ¥1.94 million Parent only
Entertainment expenses ¥3.26 million Parent only
Dividends from surplus ¥-25.11 million Parent only
Interest income ¥0.56 million Parent only
Commission fee ¥4.51 million Parent only
Dividend income ¥6.61 million Parent only
Total ¥4.7 billion Parent only
Ending merchandise and finished goods ¥0.8 billion Parent only
Beginning merchandise and finished goods ¥0.7 billion Parent only
Operating income ¥35.37 million Parent only
Non-operating income ¥40.93 million Parent only
Non-operating expenses ¥21.78 million Parent only
Net cash provided by (used in) operating activities ¥44.84 million Parent only
Gain on sales of non-current assets ¥19.07 million Parent only
Loss on retirement of non-current assets ¥2.79 million Parent only
Cost of sales ¥4.0 billion Parent only
Gross profit (loss) ¥0.8 billion Parent only
Net sales ¥4.8 billion Parent only
Advertising expenses ¥7.58 million Parent only
Cost of purchased goods ¥0.5 billion Parent only
Net income (loss) ¥11.48 million Parent only
Net income (loss) ¥11.48 million Parent only
Cost of products manufactured ¥3.5 billion Parent only
Directors' compensations ¥64.55 million Parent only
Net cash provided by (used in) investing activities ¥-0.1 billion Parent only
Interest expenses ¥17.49 million Parent only
Traveling and transportation expenses ¥8.00 million Parent only
Income taxes - current ¥27.68 million Parent only
Income taxes ¥52.59 million Parent only
Income taxes - deferred ¥24.92 million Parent only
Depreciation ¥21.16 million Parent only
Impairment loss ¥6.74 million Parent only
Extraordinary income ¥19.07 million Parent only
Extraordinary loss ¥9.53 million Parent only
Net increase (decrease) in cash and cash equivalents ¥-94.92 million Parent only
Welfare expenses ¥39.84 million Parent only
Taxes and dues ¥16.81 million Parent only
Income (loss) before income taxes ¥64.07 million Parent only
Income (loss) before income taxes ¥64.07 million Parent only
Ordinary income ¥54.53 million Parent only
Salaries and allowances ¥0.2 billion Parent only
Disposal of treasury stock ¥21.32 million Parent only
Purchase of treasury stock ¥-0.12 million Parent only
Net cash provided by (used in) financing activities ¥-11.95 million Parent only
Sales commission ¥5.85 million Parent only
Selling, general and administrative expenses ¥0.8 billion Parent only
Provision of allowance for doubtful accounts ¥2.33 million Parent only
Rent expenses ¥20.75 million Parent only
Provision for bonuses ¥33.44 million Parent only
Retirement benefit expenses ¥3.01 million Parent only
Communication expenses ¥12.08 million Parent only
Miscellaneous expenses ¥86.16 million Parent only

Accounts unique to this company (4 items)

ItemValueConsolidated / Non-consolidated
Revenue ¥0.3 billion Parent only
Revenue ¥10.83 million Parent only
Revenue ¥-10.83 million Parent only
Revenue ¥5.66 million Parent only

Statement of changes in equity (2 items)

ItemValueConsolidated / Non-consolidated
Total changes during the period ¥0.1 billion Parent only
Net changes in items other than shareholders' equity ¥97.99 million Parent only

Statement of cash flows (35 items)

ItemValueConsolidated / Non-consolidated
Other ¥28.16 million Parent only
Other ¥-3.54 million Parent only
Increase (decrease) in other current liabilities ¥5.45 million Parent only
Decrease (increase) in other current assets ¥-24.71 million Parent only
Repayments of lease obligations ¥-37.12 million Parent only
Increase decrease in notes and accounts payable trade ¥67.17 million Parent only
Interest expenses paid ¥-18.23 million Parent only
Interest and dividends income received ¥7.18 million Parent only
Interest and dividend income ¥-7.18 million Parent only
Loss on retirement of non-current assets ¥2.79 million Parent only
Decrease increase in notes and accounts receivable trade ¥-0.2 billion Parent only
Subtotal ¥66.50 million Parent only
Decrease (increase) in guarantee deposits ¥-0.49 million Parent only
Interest expenses ¥17.49 million Parent only
Purchase of property plant and equipment ¥-0.6 billion Parent only
Proceeds from sales of property plant and equipment ¥0.4 billion Parent only
Loss gain on sales of property plant and equipment ¥-19.07 million Parent only
(Increase)/decrease in consumption tax/value-added tax receivables ¥23.43 million Parent only
Decrease in consumption taxes payable ¥1.51 million Parent only
Increase/(decrease) in accounts payable - expenses ¥21.08 million Parent only
Increase (decrease) in accounts payable-other ¥16.08 million Parent only
Decrease (increase) in inventories ¥-0.1 billion Parent only
Income taxes paid ¥-16.27 million Parent only
Depreciation ¥0.2 billion Parent only
Impairment loss ¥6.74 million Parent only
Purchase of intangible assets ¥-4.07 million Parent only
Decrease/increase in short-term loans payable ¥-0.4 billion Parent only
Redemption of bonds ¥-20.00 million Parent only
Regarding purchase of treasury stock ¥-0.12 million Parent only
Increase (decrease) in allowance for doubtful accounts ¥2.13 million Parent only
Increase (decrease) in provision for bonuses ¥11.64 million Parent only
Accrued pension cost ¥7.75 million Parent only
Dividends ¥-24.70 million Parent only
Proceeds from long term loans payable ¥0.5 billion Parent only
Repayment of long term loans payable ¥-30.00 million Parent only
Basic indicators
ItemValueConsolidated / Non-consolidatedSource
Net cash provided by (used in) operating activities ¥44.84 million Parent onlyDisclosed
Dividend per share 18 Parent onlyDisclosed
Number of employees 108 Parent onlyDisclosed
Net assets ¥1.5 billion Parent onlyDisclosed
Net sales ¥4.8 billion Parent onlyDisclosed
Operating income ¥35.37 million Parent onlyDisclosed
Ordinary income ¥54.53 million Parent onlyDisclosed
Total assets ¥4.0 billion Parent onlyDisclosed
Operating margin 0.7%Parent onlyCalculated
Net margin Not disclosedNot applicableNot calculated (a required value is not disclosed)
Sales per employee 44413500 yenParent onlyCalculated
Total asset turnover 1.2 timesParent onlyCalculated
Net assets to total assets 37.6%Parent onlyCalculated
How to read the figures, and caveats

Terms

  • Consolidated: the parent company together with the subsidiaries it consolidates
  • Parent-only: the single company that filed the annual securities report
  • Calculated: a disclosed figure put through the formula shown
  • Not disclosed: no such value in the filing (not treated as zero)
  • Not retrieved: a value this page could not extract, including values in the filing that could not be matched. The same item may appear in another table
  • Segment: a business division the company uses in its disclosures
  • Industry median: the middle value among companies in the same industry that disclose the item
  • ★: position when every company is lined up by value (not a judgement of the company)See the formulas
  • Source: document name, period covered, filing date and where it was obtained
  • Tables scroll sideways

Key figures

  • Operating margin 0.7%　Operating income ÷ net sales 　＝ ¥35.37 million ÷ ¥4.8 billion
    Operating income ÷ net sales. The denominator is Net sales (Parent only, Japanese GAAP).
  • Sales per employee 44,413,500 yen　Sales or operating revenue ÷ employees 　＝ ¥4.8 billion ÷ 108 people
    Sales or operating revenue ÷ employees. The denominator is Number of employees (Parent only, Japanese GAAP).
  • Total asset turnover 1.2 times　Sales or operating revenue ÷ total assets 　＝ ¥4.8 billion ÷ ¥4.0 billion
    Sales or operating revenue ÷ total assets. The denominator is Total assets (Parent only, Japanese GAAP).
  • Net assets to total assets 37.6%　Net assets ÷ total assets 　＝ ¥1.5 billion ÷ ¥4.0 billion
    Net assets ÷ total assets. The denominator is Total assets (Parent only, Japanese GAAP).

Company details

  • Representative　President, Representative Director, gBizINFO

Amounts by account

  • Totals and their component lines together; consolidated and parent-only figures mixed (right-hand column)

Selling, general and administrative expenses

  • Breakdown of selling, general and administrative expenses (costs of selling and running the company). Cost of sales not included
  • Each item: already inside the SG&A total (not added to it)

Finance

  • Net assets to total assets　Net assets ÷ total assets
  • Net assets per share　Parent only
  • Total assets　Parent only

Capital allocation

  • ★: position when all companies are sorted by value and cut into fifths (a position, not a rating). The five items with ★: only where both numerator and denominator are available on a consolidated basisSee the formulas
  • Cash conversion　Net cash provided by (used in) operating activities ÷ operating income

Long-term changes in performance

  • Revenue　Disclosed value for 2026 ÷ disclosed value for 2013

Year-on-year comparison

  • Year on year: calculated only where the item, reporting range and accounting standard match and the periods are consecutive
  • Comparison basis not confirmed: periods with a change of accounting standard or reporting range, a moved fiscal year end, or an unconfirmed period
  • ◆: a period where revenue moved 20% or more from the prior year, profit as a share of revenue moved 2.0 percentage points or more, or profit or loss changed sign. Item used named in the table and list. Not a ranking of companies

Earnings and net assets per share over time

  • Earnings per share = net profit ÷ shares; net assets per share = net assets ÷ shares. Disclosed values from the key financial indicators of the annual securities report. No share prices used

Return on equity over time

  • Return on equity (ROE): net profit as a proportion of equity. For Japanese companies, the disclosed value in the key financial indicators of the annual securities report (decimals converted to percentages)

Dividend history

  • Payout ratio: dividends as a proportion of net profit. Dividend amounts and payout ratios: the reporting company’s parent-only disclosed values (as written in the annual securities report, not recalculated from consolidated profit). Consecutive increases: years in a row, from the latest backwards, in which the annual dividend per share rose. Consecutive years with a dividend: years in a row with an annual dividend per share above zero. Both this site’s own count (not the criteria of any published index). A year with no disclosure not read as zero; counting stops there. Range limited to the years listed above. Flagged 2 years: a note about a stock split or share consolidation, or a period other than 12 months. No calculation across those years, as the dividend per share may rest on a different share base.

Share ownership by holder category

  • Source: ownership table, annual securities report. Percentages as disclosed, calculated on trading units (some companies do not total exactly 100%). Foreign holders (total): institutions and individuals combined. “Individuals and others”: a register category (not necessarily the share actually held by individuals). Industry median: the middle value among companies in Foods that disclose the item (industries with at least 5 companies only).

Major shareholders

  • Source: major shareholders table, annual securities report. Trust bank holdings as written (whose trust is not disclosed)

Research and development expenses and capital expenditure

  • Research and development: total in the R&D section of the annual securities report. Capital expenditure: this year’s actual spending in the capital expenditure overview (not a plan). Years: only those available in the annual securities reports on hand (one to four per company); no row for other years.

Revenue scale in the same industry

  • Revenue (disclosed values) of companies in the same industry, using the same grouping as the industry pages. Only the top three and the two companies either side of this one. Bar length relative to the largest company (100). An order of size, not a ranking of quality

Workforce information

  • All four: the reporting company (parent-only), as disclosed in the employee section of the annual securities report. Industry median: the middle value among companies in Foods that disclose the item (industries with at least 5 companies only).

People and organisation

  • Sales per employee　Net sales (or operating revenue) ÷ employees
  • Operating income per employee　Operating income ÷ employees
  • Share of female employees　gBizINFO, covering その他
  • Employees by gender　gBizINFO
  • Female managers　gBizINFO: 2 women among 12 managers
  • Female officers　gBizINFO: 1 women among 7 officers
  • Average temporary staff　Parent only, average headcount other than regular employees

Workplace information filings

  • Source: processed from Shokuba-labo, the workplace information site of the Ministry of Health, Labour and Welfare. Items the company filed only Shokuba-labo

Greenhouse gas emissions

  • Source: processed from the Ministry of the Environment’s greenhouse gas calculation, reporting and disclosure system (EEGS). Companies required to report only Ministry of the Environment (EEGS)

Audit and disclosure information

  • Whether there is a going concern note (the accounting assumption that a company will continue operating), and audit information
  • Audit firm, audit fees, going concern note and accounting standard: facts written in the latest annual securities report and the audit report filed with it (not a judgement of the company). Going concern note: “note” when the note text is present, “not applicable” when the report states nothing to report, “cannot be determined” when neither appears. Note text not reproduced. Amended filings not shown (annual securities reports only)

Data sources and calculation methods

Primary source: the annual securities report of SEIHYO CO.,Ltd. on EDINET, the FSA’s disclosure system (free to read)
Corporate number: 3110001002790 / Accounting standard: Japanese GAAP

  • Amounts: machine transcription of EDINET XBRL (no manual re-keying). Long narrative notes are text and not in the account list. Identifiers: machine transcription of the EDINET code list (retrieved 2026-08-22)
  • ★: position of the value calculated from disclosed figures among the 4,240 companies on this site, on a five-step scale. Not a judgement of the company. No forecasts usedThe formulas and how they are counted
  • No rank: net assets as a share of total assets, cash conversion and revenue per employee (size alone does not show quality). Industry median shown for comparison. Cash conversion of 100%: operating cash flow equal to operating profit
  • Profit-and-loss chart: only where “sales − cost of sales − SG&A = operating income” holds between disclosed values. Cost breakdown: the six largest SG&A items
  • Trend charts: key financial indicators of the annual securities report. Amounts in billions of yen (dividend per share in yen). Long-run chart joins reports filed in different years (newer report for overlapping years). Some items stop part-way after a change of accounting standard. A stock split changes the weight of one share. Consolidated and parent-only in separate tables
  • Revenue scale in the same industry: bars of revenue (disclosed values) of companies in the same industry grouping as the industry pages, largest first. Only the top three and the two companies either side of this one. Each company’s latest fiscal year. An order of size, not a ranking of quality or an investment view
  • Share prices: not published (no data source allows redistribution). No share-price-based indicators (such as the price earnings ratio) and no extension of past growth into the future
  • Average age, average length of service and average annual salary: the reporting company alone (the parent). At a holding company, a small head-office staff. Payout ratio (basic facts): dividend per share ÷ consolidated earnings per share, calculated here (the payout ratio in the annual securities report is the reporting company’s figure, on a different basis). Representative and founding date: gBizINFO (Ministry of Economy, Trade and Industry), some companies only
  • “Retrieved disclosed figures”: every value readable as a number from the annual securities report. Company-wide values only (no segment or other breakdowns)
  • Segment table: machine transcription of the segment information in the annual securities report. Business names as labelled by the company in its XBRL. No table where segment sales differ from the disclosed total by more than 1%. Adjustments, corporate, eliminations and “other” left out of the table and the share denominator, as they are not businesses
  • Breakdowns of amounts, not diagrams of how the business works. Who pays whom, and for what, is not in the disclosed figures; no lines drawn from guesswork