Meiji Holdings Co (TSE:2269) Interest Coverage: 45.75 (As of Mar. 2026) — 70% Below Median


TSE:2269 Meiji Holdings Co Ltd TSE:2269
66 GF Score
Price 円3,784.00
GF Value 円3,756.35
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Meiji Holdings Co Interest Coverage?

Meiji Holdings Co TSE:2269 -1.36% 66 Interest Coverage is 45.75 as of Mar. 2026, which is 70% below its 10-year median of 153.27. GuruFocus rates TSE:2269 with a GF Score™ of 66/100 and a GF Value™ of 円3,756.35 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,507 Consumer Packaged Goods companies, Meiji Holdings Co ranks better than 84.14% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Meiji Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円23,243 Mil. Meiji Holdings Co's Interest Expense for the three months ended in Mar. 2026 was 円-508 Mil. Meiji Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 45.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Meiji Holdings Co's Interest Coverage or its related term are showing as below:

TSE:2269' s Interest Coverage Range Over the Past 10 Years
Min: 95.5   Med: 153.27   Max: 229.76
Current: 95.5


TSE:2269's Interest Coverage is ranked better than
84.14% of 1507 companies
in the Consumer Packaged Goods industry
Industry Median: 8.6 vs TSE:2269: 95.50

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Meiji Holdings Co  (TSE:2269) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Meiji Holdings Co Interest Coverage Related Terms


Meiji Holdings Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Meiji Holdings Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Meiji Holdings Co Interest Coverage Chart

Meiji Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.84 163.28 229.76 221.73 95.50

Meiji Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 173.78 162.84 119.55 175.43 45.75

TSE:2269 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Meiji Holdings Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meiji Holdings Co Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Meiji Holdings Co's Interest Coverage falls into.


TSE:2269
66GF Score
Meiji Holdings Co Ltd TSE:2269
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiji Holdings Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Meiji Holdings Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Meiji Holdings Co's Interest Expense was 円-977 Mil. Its Operating Income was 円93,307 Mil. And its Long-Term Debt & Capital Lease Obligation was 円67,267 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*93307/-977
=95.50

Meiji Holdings Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Meiji Holdings Co's Interest Expense was 円-508 Mil. Its Operating Income was 円23,243 Mil. And its Long-Term Debt & Capital Lease Obligation was 円67,267 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*23243/-508
=45.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 45.75 mean?
Meiji Holdings Co (TSE:2269) has a Interest Coverage of 45.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Meiji Holdings Co and its competitors. This is 70% below median its historical median of 153.27. Over the past decade, Meiji Holdings Co's Interest Coverage has ranged from 95.50 to 229.76. According to the industry distribution chart, Meiji Holdings Co ranks #239 out of 1507 companies in the Consumer Packaged Goods industry, placing it in the top 15.9%.
Is Meiji Holdings Co's Interest Coverage too high?
Meiji Holdings Co's current Interest Coverage of 45.75 is 70% below median its 10-year median of 153.27. Over the past 10 years, this metric has ranged from a low of 95.50 to a high of 229.76. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Meiji Holdings Co's value of 45.75 is 432% above this industry median. Based on the distribution chart, Meiji Holdings Co ranks #239 out of 1507 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Meiji Holdings Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Meiji Holdings Co ranks #239 out of 1507 companies for Interest Coverage. This places Meiji Holdings Co in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.60. Meiji Holdings Co's value of 45.75 is 432% above this benchmark. Historically, Meiji Holdings Co's own Interest Coverage has ranged from 95.50 to 229.76 over the past decade. While the company's 10-year median is 153.27 vs. the industry median of 8.60, Meiji Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meiji Holdings Co's current Interest Coverage of 45.75 is 432% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Meiji Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Holdings Co's current Interest Coverage is 45.75, which is 70% below median its own 10-year median of 153.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,756.35, compared to a current price of 円3,784.00 — trading 0.7% above its estimated fair value. The current Interest Coverage is 45.75, which is 70% below median its 10-year median of 153.27 and 432% above the Consumer Packaged Goods industry median of 8.60. Meiji Holdings Co's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Meiji Holdings Co (TSE:2269), the current Interest Coverage is 45.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meiji Holdings Co (TSE:2269) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be overvalued. The current stock price of 円3,784.00 is trading 0.7% above its estimated GF Value™ of 円3,756.35. GuruFocus considers Meiji Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2269:

  • Interest Coverage: 45.75 (70% below median its 10-year median of 153.27)
  • GF Value™: 円3,756.35 vs. price of 円3,784.00 (0.7% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 432% above the Consumer Packaged Goods median (#239 of 1507)

No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Holdings Co Business Description

Other Exchanges MEJHY:USA3M0:Germany
Address 2-4-16 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
66GF Score

Get the complete analysis for TSE:2269

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,784.00
Price
円3,756.35
GF Value