Employees: 1,887
Size Riken Vitamin (4526.T) is a Japan Consumer Staples company (Food: Specialty/Candy) with a market value of $516M, the 1055th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,565 on 6 Nov 2026.
Performance Over six months the shares gained 28.8%, against -7.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 3.1% over the last twelve months (peer median +5.7%); the operating margin is 6.9% (peer median 5.9%).
Valuation It trades at 11.8× forward earnings against a peer median of 18.1× (3rd cheapest of 16).
Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥98.2B | ¥96.3B | ¥95.6B | ¥91.5B | ¥88.8B |
| Revenue growth | — | +1% | +4% | +3% | — |
| Gross profit | ¥30.1B | ¥29.4B | ¥31.0B | ¥29.6B | ¥27.0B |
| EBITDA | ¥11.6B | ¥11.6B | ¥11.9B | ¥12.7B | ¥10.8B |
| Net income | ¥7.08B | ¥7.04B | ¥9.39B | ¥8.76B | ¥6.41B |
| Free cash flow | n/a | ¥925M | ¥3.12B | ¥7.87B | ¥5.68B |
| Capital expenditure | n/a | ¥5.17B | ¥4.90B | ¥3.03B | ¥2.17B |
| Total debt | ¥7.40B | ¥7.30B | ¥9.98B | ¥16.1B | ¥14.6B |
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 | 4526.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.6% | -1.9% | highest of 21 |
| 6-month return | +28.8% | -7.6% | 4th highest of 21 |
| Distance from 52-week high | -2.9% | -27.0% | 2nd highest of 21 |
| Revenue growth (TTM) | +3.1% | +5.7% | 8th lowest of 21 |
| Operating margin | 6.9% | 5.9% | 7th highest of 21 |
| Forward P/E | 11.8× | 18.1× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -3.9% | 5.9% | 4th least demanding of 17 |
| Growth delivered (Del g) | +4.4% | +6.0% | 7th lowest of 17 |
| Hurdle (Req g minus delivered) | -8.2 pp | -1.8 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +1.4 pp | +1.0 pp | 9th highest of 21 |
| EV / EBITDA | 6.1× | 12.0× | 5th cheapest of 13 |
| Net debt / EBITDA | -0.9× | 0.3× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Riken Vitamin 4526.T | Japan | $516M | +29% | +3% | 7% | 11.8× | -3.9% | +4.4% |
| Kameda Seika 2220.T | Japan | $525M | -8% | +17% | 6% | 18.0× | 0.3% | +6.0% |
| Baolingbao Biology 002286.SZ | China | $500M | -15% | +9% | 6% | 18.1× | 10.0% | +6.0% |
| Vadilal Industries VADILALIND.NS | India | $541M | +53% | +31% | 16% | n/a | 17.3% | +26.5% |
| Ganyuan Foods 002991.SZ | China | $552M | -22% | 0% | 10% | 17.1× | 4.8% | +12.4% |
| Haoxiangni Health Food 002582.SZ | China | $558M | -21% | -17% | -11% | n/a | n/a | n/a |
| Nitto Fuji Flour Milling 2003.T | Japan | $472M | +14% | 0% | 6% | n/a | 3.0% | +5.2% |
| Apple Flavor & Fragrance 603020.SS | China | $570M | -7% | +3% | 4% | n/a | 16.4% | -1.5% |
| Ganso 603886.SS | China | $464M | +1% | +5% | 6% | 11.4× | -11.0% | -1.9% |
| Daesang 001680.KS | South Korea | $459M | -16% | +2% | 4% | 8.1× | -5.6% | +7.2% |
| Zhongjing Food 300908.SZ | China | $579M | -31% | +6% | 19% | 19.7× | 6.9% | +8.3% |
| Bourbon 2208.T | Japan | $451M | +3% | +7% | 6% | 20.4× | -12.1% | +0.3% |
| Zhengzhou Qianweiyangchu Food 001215.SZ | China | $451M | -34% | +13% | 5% | 42.5× | 13.9% | +15.0% |
| Petpal Pet Nutrition Technology 300673.SZ | China | $444M | -26% | +2% | 6% | 45.6× | 7.5% | +1.6% |
| Yasho Industries YASHO.NS | India | $441M | +122% | +35% | 14% | n/a | 33.4% | +17.7% |
| Ligao Foods 300973.SZ | China | $604M | -19% | +5% | 7% | 17.1× | n/a | n/a |
| Shoei Foods 8079.T | Japan | $435M | +1% | +8% | 4% | 17.6× | n/a | n/a |
| Gourmet Master 2723.TW | Taiwan | $431M | +19% | -11% | 5% | 14.8× | 0.9% | -1.7% |
| Jiahe Foods Industry 605300.SS | China | $623M | -17% | -7% | 1% | 25.0× | 18.9% | +3.7% |
| YouYou Foods 603697.SS | China | $627M | -7% | +30% | 11% | 18.7× | 2.5% | +7.8% |
| Gift 9279.T | Japan | $635M | +31% | +24% | 11% | 31.2× | n/a | n/a |