Nichirei Corporation (NCHEY)
Nichirei Corporation operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Tokyo, TY, JP. The stock last traded at $12.10, up 0.00% on the session, giving a market capitalisation of $3.06B. On trailing twelve-month figures it carries a trailing P/E of 19.03, a net margin of 3.7%. Its beta of 0.28 implies it has historically moved less than the broad market.
Nichirei Corporation, a Tokyo-based Japanese company, operates a diverse business portfolio encompassing processed foods, marine products, meat and poultry, logistics, real estate, and biosciences. Its food offerings include frozen meals, acerola-based goods, packaged ice, processed agricultural items, wellness foods, and retort-pouch preparations. The firm's logistics division delivers cold storage warehousing, transportation, and delivery services, along with strategic logistics consulting, and is also involved in the production and sale of ice. Its real estate activities involve leasing and managing office buildings and parking facilities, marketing residential land, and offering construction and planning expertise. Furthermore, Nichirei's biosciences segment focuses on cell biotechnology and the development of functional materials. Founded in 1942, Nichirei was initially established as Nippon Reizo Co. Ltd. before rebranding as Nichirei Corporation in February 1985.
Nichirei Corporation is most often compared with the following Consumer Defensive names: