Nichirei Corporation engages in the processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences businesses in Japan. It offers frozen foods, acerola products, packed ice, agricultural processed foods, wellness foods, and retort-pouch foods. The company also provides refrigerated warehouse, transport, delivery, and logistics consulting services, as well as produces and sells ice. In addition, it rents and manages office building space and parking lots; sells housing land; provides construction work and planning services; and engages in cell biotechnology and functional materials business. The company was formerly known as Nippon Reizo Co. Ltd. and changed its name to Nichirei Corporation in February 1985. The company was founded in 1942 and is headquartered in Tokyo, Japan.
General Outlook
In simple terms, Nichirei Corporation has 274.779 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.170% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.053%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.035%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.048% return, is a testament to Nichirei Corporation's adeptness in optimizing resource deployment. Nichirei Corporation's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.101%. Furthermore, the proficiency of Nichirei Corporation in capital utilization is underscored by a remarkable 0.101% return on capital employed.
Stock Prices
Nichirei Corporation's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $9.79, while its low point bottomed out at $9.79. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Nichirei Corporation's stock market.
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