
Nichirei Corp
TSE:2871

Nichirei Corp
Tax Provision
Nichirei Corp
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Nichirei Corp
TSE:2871
|
Tax Provision
-ÂĄ11.7B
|
CAGR 3-Years
-7%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
-9%
|
|
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Yakult Honsha Co Ltd
TSE:2267
|
Tax Provision
-ÂĄ21.9B
|
CAGR 3-Years
-7%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
-5%
|
|
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Ajinomoto Co Inc
TSE:2802
|
Tax Provision
-ÂĄ46.9B
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-20%
|
CAGR 10-Years
-8%
|
|
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Kikkoman Corp
TSE:2801
|
Tax Provision
-ÂĄ22.2B
|
CAGR 3-Years
1%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
-9%
|
|
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Nissin Foods Holdings Co Ltd
TSE:2897
|
Tax Provision
-ÂĄ15.6B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
-9%
|
CAGR 10-Years
-2%
|
|
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Toyo Suisan Kaisha Ltd
TSE:2875
|
Tax Provision
-ÂĄ21.7B
|
CAGR 3-Years
-37%
|
CAGR 5-Years
-25%
|
CAGR 10-Years
-8%
|
Nichirei Corp
Glance View
Nichirei Corporation stands as a notable player in the global food industry, with its roots stretching back to post-war Japan. The company has grown from a modest endeavor in seafood trading to a diversified conglomerate with a significant footprint in frozen foods, logistics, and biosciences. Nichirei's primary revenue stream flows from its extensive frozen foods segment, catering to a range of culinary palettes across both domestic and international markets. By capitalizing on Japan's deep-seated love for convenience meals, Nichirei has adeptly harnessed consumer trends towards frozen ready-to-eat dishes that are both high in quality and rich in nutritional value. The company's prowess in product innovation, coupled with stringent quality control measures, ensures that it maintains a competitive edge in this saturated market. Beyond food products, Nichirei's logistics arm plays a crucial role in its operational ecosystem. As a leader in temperature-controlled logistics, the company offers comprehensive distribution solutions, tapping into Japan’s intricate web of supply chains. Its commitment to efficiency and reliability in cold storage and transportation not only supports its own operations but also serves diverse sectors including agriculture and pharmaceuticals. Nichirei's ventures into biosciences further illustrate its adaptive strategies, exploring areas such as antibodies and diagnostic reagents. This ability to diversify while maintaining core competencies in food and logistics underlines Nichirei's resilience and insight in navigating the constantly shifting landscape of global commerce.

See Also
What is Nichirei Corp's Tax Provision?
Tax Provision
-11.7B
JPY
Based on the financial report for Dec 31, 2024, Nichirei Corp's Tax Provision amounts to -11.7B JPY.
What is Nichirei Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
-9%
Over the last year, the Tax Provision growth was -2%. The average annual Tax Provision growth rates for Nichirei Corp have been -7% over the past three years , -5% over the past five years , and -9% over the past ten years .