Calbee, Inc. (2229.T)
Tokyo, JP
Calbee, Inc. is a major producer and distributor of snack foods and other culinary items, with a significant international presence encompassing Japan, North America, Greater China, the United Kingdom, and Indonesia, among other global regions. The company's diverse product range includes various snacks made from potatoes, flour, corn, and beans, alongside wheat-based goods, breakfast cereals, and granola. These products are marketed under prominent brand names such as Potato Chips, Jagarico, Jaga Pokkuru, Kappa Ebisen, Seabrook, Thin Potato, Sapporo Potato, Sayaendo, Jagabee, and Frugra. Calbee's offerings are available to consumers through both e-commerce channels and traditional retail establishments. The company, which has its headquarters in Tokyo, Japan, was founded in 1949.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.36% | -1.43% | -5.28% | -6.02% | -2.36% | -3.18% | -0.09% | +1.30% | +8.12% | -31.84% | +420.49% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 4 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Packaged Foods: +4.4%+5.5% ★ Q1'26: +5.9% (vs Q1'25)
-
EPS growth Packaged Foods: +14.6%-16.2% Q1'26: +51.5% (vs Q1'25)
-
FCF margin FCF growth · Packaged Foods: +15.9%+5.2% Q1'26: +38.3% (vs Q1'25)
-
EBIT margin Packaged Foods: +7.9%+7.7% Q1'26: +7.4% (vs Q1'25)
-
ROIC Packaged Foods: +7.0%+8.4% ★ Q1'26: +7.7% (vs Q1'25)
-
Share dilution Packaged Foods: +0.0%-0.9% ★ Q1'26: -3.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Packaged Foods: 0.19×0.88× ★ Q1'26: 0.90× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 6 Rev. Ana. 6 EPS Ana. |
Mar 2027 6 Rev. Ana. 6 EPS Ana. |
Mar 2028 6 Rev. Ana. 6 EPS Ana. |
Mar 2029 2 Rev. Ana. 2 EPS Ana. |
Mar 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
222.15B
est: 220.16B (+0.9%)
|
246.13B
est: 247.01B (-0.4%)
|
252.42B
est: 252.15B (+0.1%)
|
251.58B
est: 251.54B (+0.0%)
|
248.66B
est: 249.71B (-0.4%)
|
255.94B
est: 255.39B (+0.2%)
|
266.75B
est: 266.41B (+0.1%)
|
245.42B
est: 243.91B (+0.6%)
|
279.32B
est: 273.11B (+2.3%)
|
303.03B
est: 307.53B (-1.5%)
|
322.56B
est: 324.33B (-0.5%)
|
339.28B
333.13B – 343.03B
+4.6% YoY
|
356.03B
345.82B – 361.22B
+4.9% YoY
|
369.08B
369.07B – 369.10B
+3.7% YoY
|
368.00B
366.40B – 369.60B
-0.3% YoY
|
376.00B
365.21B – 381.47B
+2.2% YoY
|
| EBITDA |
31.05B
est: 30.72B (+1.0%)
|
36.39B
est: 34.47B (+5.6%)
|
36.59B
est: 35.19B (+4.0%)
|
35.23B
est: 35.10B (+0.4%)
|
35.65B
est: 34.85B (+2.3%)
|
36.71B
est: 35.64B (+3.0%)
|
37.73B
est: 37.18B (+1.5%)
|
36.05B
est: 34.04B (+5.9%)
|
34.15B
est: 38.11B (-10.4%)
|
39.83B
est: 41.59B (-4.2%)
|
43.29B
est: 43.86B (-1.3%)
|
45.89B
45.05B – 46.39B
+4.6% YoY
|
48.15B
46.77B – 48.85B
+4.9% YoY
|
49.92B
49.91B – 49.92B
+3.7% YoY
|
49.77B
49.55B – 49.99B
-0.3% YoY
|
50.85B
49.39B – 51.59B
+2.2% YoY
|
| EBIT |
24.17B
est: 21.28B (+13.6%)
|
28.13B
est: 23.87B (+17.8%)
|
28.68B
est: 24.37B (+17.7%)
|
26.79B
est: 24.31B (+10.2%)
|
26.87B
est: 24.13B (+11.4%)
|
27.54B
est: 24.68B (+11.6%)
|
26.93B
est: 25.75B (+4.6%)
|
25.04B
est: 23.57B (+6.2%)
|
22.12B
est: 26.39B (-16.2%)
|
27.16B
est: 28.39B (-4.4%)
|
28.99B
est: 29.95B (-3.2%)
|
31.33B
30.76B – 31.67B
+4.6% YoY
|
32.87B
31.93B – 33.35B
+4.9% YoY
|
34.08B
34.08B – 34.08B
+3.7% YoY
|
33.98B
33.83B – 34.13B
-0.3% YoY
|
34.72B
33.72B – 35.22B
+2.2% YoY
|
| Net Income |
14.11B
est: 13.34B (+5.8%)
|
16.80B
est: 15.27B (+10.0%)
|
18.61B
est: 17.06B (+9.1%)
|
17.33B
est: 16.46B (+5.3%)
|
19.43B
est: 17.75B (+9.5%)
|
17.54B
est: 16.75B (+4.7%)
|
17.68B
est: 16.32B (+8.4%)
|
18.05B
est: 16.35B (+10.4%)
|
14.77B
est: 15.12B (-2.3%)
|
19.89B
est: 20.71B (-4.0%)
|
20.87B
est: 19.99B (+4.4%)
|
17.35B
16.54B – 20.31B
-13.2% YoY
|
19.10B
18.49B – 22.07B
+10.1% YoY
|
20.37B
19.62B – 23.10B
+6.6% YoY
|
23.10B
22.30B – 23.92B
+13.4% YoY
|
25.17B
24.23B – 25.65B
+9.0% YoY
|
| SGA |
56.61B
est: 57.56B (-1.6%)
|
62.12B
est: 64.58B (-3.8%)
|
80.70B
est: 65.92B (+22.4%)
|
79.69B
est: 65.76B (+21.2%)
|
81.55B
est: 65.29B (+24.9%)
|
84.69B
est: 66.77B (+26.8%)
|
88.05B
est: 69.65B (+26.4%)
|
55.51B
est: 63.77B (-12.9%)
|
64.30B
est: 71.40B (-9.9%)
|
70.75B
est: 77.35B (-8.5%)
|
76.63B
est: 81.57B (-6.1%)
|
85.33B
83.79B – 86.28B
+4.6% YoY
|
89.55B
86.98B – 90.85B
+4.9% YoY
|
92.83B
92.82B – 92.83B
+3.7% YoY
|
92.55B
92.15B – 92.96B
-0.3% YoY
|
94.57B
91.85B – 95.94B
+2.2% YoY
|
| EPS |
105.81
est: 106.77 (-0.9%)
|
125.88
est: 122.25 (+3.0%)
|
139.24
est: 136.55 (+2.0%)
|
129.71
est: 131.79 (-1.6%)
|
145.39
est: 142.07 (+2.3%)
|
131.21
est: 134.08 (-2.1%)
|
132.30
est: 130.63 (+1.3%)
|
136.25
est: 130.89 (+4.1%)
|
115.16
est: 121.06 (-4.9%)
|
159.22
est: 165.79 (-4.0%)
|
167.10
est: 161.55 (+3.4%)
|
140.90
132.40 – 162.60
-12.8% YoY
|
157.31
148.04 – 176.70
+11.6% YoY
|
168.55
157.08 – 184.90
+7.1% YoY
|
185.00
178.53 – 191.47
+9.8% YoY
|
201.50
193.98 – 205.31
+8.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-14 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-05-13 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-05-12 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-05-11 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-05-08 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-01 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree Japan SmallCap Dividend Fund DFJ | 0.19% | 738.4K | 0.58% |
| 2 | iShares MSCI Japan Small Cap UCITS ETF IDJP.L | 0.11% | 594.2K | 0.58% |
| 3 | iShares MSCI Japan Small-Cap ETF SCJ | 0.10% | 264.5K | 0.50% |
| 4 | Avantis International Small Cap Equity ETF AVDS | 0.07% | 208.9K | 0.30% |
| 5 | Schwab Fundamental International Small Company Index ETF FNDC | 0.06% | 1.93M | 0.39% |
| 6 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.06% | 267.9K | 0.48% |
| 7 | WisdomTree International SmallCap Dividend Fund DLS | 0.06% | 644.8K | 0.58% |
| 8 | UBS MSCI World Small Cap Socially Responsible UCITS ETF USD dis WSCR.L | 0.06% | 480.7K | 0.23% |
| 9 | UBS MSCI World Small Cap Socially Responsible UCITS ETF USD acc WSCSRI.SW | 0.06% | 480.9K | 0.23% |
| 10 | Amundi MSCI Millennials UCITS ETF Acc GENY.L | 0.04% | 10.2K | 0.45% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Makoto Ehara | President, Chief Executive Officer & Chairman | 94M | male |
| Atsushi Wagatsuma | Manager of IR Department | — | — |
| Chisa Hayakawa | Executive Officer and Chief Financial Officer of Calbee Asia Oceania Region | — | female |
| Keiei Sho | Executive VP, CSO & Director | — | male |
| Rie Makuuchi | Officer of IR, Finance & Accounting Division and IR Department | — | — |
| Ryo Tsutsumi | Executive Officer and President of Calbee Europe & America Region | — | male |
| Akira Imoto | Executive VP, CPO & Director | — | male |
| Saori Watanabe | Executive Officer & Chief Marketing Officer | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 2229.T
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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