[Company analysis] Meiji Holdings Company, Limited (明治ホールディングス)

「Meiji Holdings Company, Limited (明治ホールディングス)」is a holding company of the「Meiji Group」which focuses on food products and madicines. In Japan, "Meiji Chocolate" is very famous chocolate product that have been loved by a wide range of ages. However, not only chocolate but also sweets, dairy products and nutritional products are supplied by Meiji. 「Morinaga & Co., Ltd.(森永製菓)」is their major competitor. The number of consolidated employees is 16,559.

 

1. Company Profile

2. Summary and Features

3. Major Business

4. Financial Information

 

 

 

1. Company Profile

 

※Unit is JPY million, as of 2019

Company name	Meiji Holdings Company, Limited
Company name (Japanese)	明治ホールディングス
Date of establishment	Wednesday, April 1, 2009
Headquarters location	〒104-0031 東京都中央区京橋二丁目4番16号
Capital	30,000
Consolidated sales	1,254,380
Consolidated operating profit	98,383
Consolidated total assets	1,004,143
Consolidated capital	560,630
Capital adequacy ratio	55.8%
Consolidated number of employees	16,559

 

 

 

2. Summary and Features

 
「Meiji Group」 is commonly known for its products such as "Oishii Gyunyu(おいしい牛乳)"、 "Meiji Bulgaria Yogurt(明治ブルガリアヨーグルト)"、 "Essel Super Cup(エッセルスーパーカップ)"、"Milk Chocolate(ミルクチョコレート)"and their brand is very famous in Japan. So it has become one of the most popular companies in job hunting. According to an announcement from the Toyo Keizai Shimbun(東洋経済新聞), there is very severe competition to get a job in「Meiji Holdings Company」. They says when they hiring only one person, then there will be  2,750 of Candidates.

In Japanese food industry, their sales scale is second only to「Ajinomoto(味の素)」, but are said to be among the top in terms of annual income. Based on 2017, the average annual income of 「Meiji Holdings Company」was 9.67 million yen. This is much higher than the average annual income of Japanese food manufacturers of 5.68 million yen. It is slightly lower than the average annual income of 「Samsung Electronics」 of 11.9 million yen.

「Meiji Group」has strengths in R & D capabilities and quality that have been accumulated over 100 years. Their  chocolate, yogurt, and dairy products, all of them have the top market share in Japan. In the pharmaceuticals business, this company have achieved the top market share for systemic antibacterial agents.

Utilizing their experience and knowledge, Meiji specializes in the research and development of cocoa beans and lactic acid bacteria for developing new product. Currently, this company has four laboratories: Product Development Laboratory, Quality Science Laboratory, Lactic Acid Bacteria Laboratory, and Technology Laboratory. 

 

 

 

3. Major Business

 

■ Food Business
「Meiji Group」manufacture and sell sweets, processed foods, nutritional foods, etc., utilizing our expertise and expertise in cocoa beans and lactic acid bacteria.

■ Pharmaceutical business
Utilizing their unique technology, this company are also engaged in the business of pharmaceuticals containing systemic antibacterial agents.

 

 

 

4. Financial information

 

※Unit is JPY million

		2016	2017	2018
Consolidated sales		1,242,480	1,240,860	1,254,380
Consolidated operating profit		88,395	94,673	98,383
Consolidated total assets		883,895	927,544	1,004,143
Consolidated net assets		457,190	495,177	560,630
Breakdown of sales	Food Business	1,081,577	1,073,077	1,056,107
	Pharmaceutical business	160,902	167,783	198,273