Employees: 914
Size Premium Water (2588.T) is a Japan Consumer Staples company (Beverages: Non-Alcoholic) with a market value of $483M, the 1088th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,535 on 6 Nov 2026.
Performance Over six months the shares gained 3.5%, against -3.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 18 in its peer set.
Growth Revenue grew 4.5% over the last twelve months (peer median +2.6%); the operating margin is 15.8% (peer median 5.1%).
Valuation It trades at 1.5× enterprise value to sales against a peer median of 1.6× (9th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -18 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥81.2B | ¥80.3B | ¥76.9B | ¥80.6B | ¥76.5B |
| Revenue growth | — | +4% | -5% | +5% | — |
| Gross profit | ¥56.2B | ¥56.0B | ¥52.9B | ¥66.9B | ¥64.6B |
| EBITDA | ¥26.1B | ¥25.9B | ¥23.9B | ¥19.4B | ¥16.9B |
| Net income | ¥8.74B | ¥8.45B | ¥5.63B | ¥5.78B | ¥6.06B |
| Free cash flow | ¥19.0B | ¥19.0B | ¥14.3B | ¥15.3B | ¥9.96B |
| Capital expenditure | ¥2.50B | ¥2.70B | ¥6.38B | ¥4.40B | ¥3.86B |
| Total debt | ¥79.2B | ¥77.8B | ¥67.8B | ¥59.5B | ¥53.6B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2588.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.5% | -0.3% | 7th lowest of 19 |
| 6-month return | +3.5% | -3.0% | 7th highest of 18 |
| Distance from 52-week high | -18.7% | -21.8% | 9th highest of 19 |
| Revenue growth (TTM) | +4.5% | +2.6% | 7th highest of 18 |
| Operating margin | 15.8% | 5.1% | 3rd highest of 19 |
| EV / Sales | 1.5× | 1.6× | 9th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -11.0% | 2.4% | 3rd least demanding of 11 |
| Growth delivered (Del g) | +7.4% | +4.8% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | -18.4 pp | -1.5 pp | 3rd least demanding of 11 |
| ROIC minus cost of capital | +7.0 pp | -0.4 pp | 3rd highest of 19 |
| EV / EBITDA | 4.5× | 9.6× | 3rd cheapest of 14 |
| Net debt / EBITDA | 1.6× | 0.3× | 5th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Premium Water 2588.T | Japan | $483M | +4% | +4% | 16% | 1.5× | -11.0% | +7.4% |
| Zhe Jiang Li Zi Yuan Food 605337.SS | China | $526M | -17% | -4% | 12% | 3.0× | n/a | n/a |
| Nichols NICL.L | United Kingdom | $539M | +18% | +3% | 18% | 1.9× | 0.2% | +8.1% |
| Lifedrink 2585.T | Japan | $410M | -12% | +21% | 10% | 1.6× | n/a | n/a |
| Nanfang Black Sesame 000716.SZ | China | $590M | +2% | +5% | 2% | 2.0× | 28.5% | -10.1% |
| Hey-Song 1234.TW | Taiwan | $389M | -9% | -8% | 5% | 1.4× | 10.4% | +0.7% |
| Suja Life SUJA | United States | $382M | n/a | n/a | -6% | 1.9× | n/a | n/a |
| DyDo 2590.T | Japan | $624M | +21% | +3% | 4% | 0.4× | n/a | n/a |
| 5100 Xizang Glacier 1115.HK | Hong Kong | $349M | -10% | +67% | 21% | 7.7× | n/a | n/a |
| Hokkaido Coca-Cola Bottling 2573.T | Japan | $339M | -6% | +4% | 4% | 0.8× | 7.6% | +2.8% |
| LotteChilsung 005300.KS | South Korea | $791M | -9% | +1% | 5% | 0.7× | -2.0% | +12.0% |
| A.G. BARR p.l.c BAG.L | United Kingdom | $887M | -2% | +7% | 15% | 1.6× | n/a | n/a |
| Yeo Hiap Seng Y03.SI | Singapore | $259M | -14% | -3% | -7% | 0.5× | n/a | n/a |
| NATURECELL 007390.KS | South Korea | $1.04B | +14% | -15% | -18% | 68.7× | n/a | n/a |
| Shenzhen Cereals 000019.SZ | China | $1.04B | -20% | +1% | 6% | 1.6× | 4.6% | -14.3% |
| Lassonde Industries LAS-A.TO | Canada | $1.14B | +4% | +2% | 9% | 0.7× | -13.2% | +8.2% |
| Princes PRN.L | United Kingdom | $1.21B | -3% | +30% | 4% | 0.3× | -7.1% | +9.3% |
| Fevertree Drinks FEVR.L | United Kingdom | $1.36B | +18% | +2% | 9% | 2.8× | 27.9% | +5.2% |
| China Foods 0506.HK | Hong Kong | $1.43B | +8% | +4% | 8% | 0.4× | -17.0% | +4.3% |