Nisshin Oillio Group (TSE:2602) ROE %: 2.69% (As of Mar. 2026) — 59% Below Median

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TSE:2602 Nisshin Oillio Group Ltd TSE:2602
69 GF Score
Price 円1,943.00
GF Value 円1,828.32
Valuation Fairly Valued
! 6 Warning Signs
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What is Nisshin Oillio Group ROE %?

Nisshin Oillio Group TSE:2602 +2.05% 69 ROE % is 2.69% as of Mar. 2026, which is 59% below its 10-year median of 6.56. GuruFocus rates TSE:2602 with a GF Score™ of 69/100 and a GF Value™ of 円1,828.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,925 Consumer Packaged Goods companies, Nisshin Oillio Group ranks better than 68.99% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nisshin Oillio Group's annualized net income for the quarter that ended in Mar. 2026 was 円5,600 Mil. Nisshin Oillio Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円207,800 Mil. Therefore, Nisshin Oillio Group's annualized ROE % for the quarter that ended in Mar. 2026 was 2.69%.

The historical rank and industry rank for Nisshin Oillio Group's ROE % or its related term are showing as below:

TSE:2602' s ROE % Range Over the Past 10 Years
Min: 5.4   Med: 6.56   Max: 12.07
Current: 11.96

During the past 13 years, Nisshin Oillio Group's highest ROE % was 12.07%. The lowest was 5.40%. And the median was 6.56%.

TSE:2602's ROE % is ranked better than
68.99% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 6.78 vs TSE:2602: 11.96

Nisshin Oillio Group  (TSE:2602) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5600/207799.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5600 / 549144)*(549144 / 447954)*(447954 / 207799.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.02 %*1.2259*2.1557
=ROA %*Equity Multiplier
=1.25 %*2.1557
=2.69 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5600/207799.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5600 / 6220) * (6220 / 14032) * (14032 / 549144) * (549144 / 447954) * (447954 / 207799.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9003 * 0.4433 * 2.56 % * 1.2259 * 2.1557
=2.69 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Nisshin Oillio Group ROE % Related Terms


Nisshin Oillio Group ROE % Historical Data

* Premium members only.

The historical data trend for Nisshin Oillio Group's ROE % 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.

Nisshin Oillio Group ROE % Chart

Nisshin Oillio Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 7.00 8.78 6.95 12.07

Nisshin Oillio Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 1.43 34.45 3.73 8.03 2.69

TSE:2602 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Nisshin Oillio Group's ROE %, along with its competitors' market caps and ROE % 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.


Nisshin Oillio Group ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's ROE % distribution charts can be found below:

* The bar in red indicates where Nisshin Oillio Group's ROE % falls into.


TSE:2602
69GF Score
Nisshin Oillio Group Ltd TSE:2602
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nisshin Oillio Group ROE % Calculation

Nisshin Oillio Group's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=23988/( (187145+210221)/ 2 )
=23988/198683
=12.07 %

Nisshin Oillio Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=5600/( (205378+210221)/ 2 )
=5600/207799.5
=2.69 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 2.69% mean?
Nisshin Oillio Group (TSE:2602) has a ROE % of 2.69% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nisshin Oillio Group and its competitors. This is 59% below median its historical median of 6.56. Over the past decade, Nisshin Oillio Group's ROE % has ranged from 5.40 to 12.07. According to the industry distribution chart, Nisshin Oillio Group ranks #597 out of 1925 companies in the Consumer Packaged Goods industry, placing it in the top 31%.
Is Nisshin Oillio Group's ROE % too high?
Nisshin Oillio Group's current ROE % of 2.69% is 59% below median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 5.40 to a high of 12.07. The Consumer Packaged Goods industry median ROE % is 6.78. Nisshin Oillio Group's value of 2.69% is 60.3% below this industry median. Based on the distribution chart, Nisshin Oillio Group ranks #597 out of 1925 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nisshin Oillio Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Oillio Group's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nisshin Oillio Group ranks #597 out of 1925 companies for ROE %. This puts Nisshin Oillio Group in the upper half of its industry. The industry median ROE % is 6.78. Nisshin Oillio Group's value of 2.69% is 60.3% below this benchmark. Historically, Nisshin Oillio Group's own ROE % has ranged from 5.40 to 12.07 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 6.78, Nisshin Oillio Group has consistently been below 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.78, based on 1,925 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nisshin Oillio Group's current ROE % of 2.69% is 60.3% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nisshin Oillio Group and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisshin Oillio Group's current ROE % is 2.69%, which is 59% below median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Oillio Group stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Oillio Group (TSE:2602) is currently considered Fairly Valued. The stock's GF Value™ is 円1,828.32, compared to a current price of 円1,943.00 — trading 6.3% above its estimated fair value. The current ROE % is 2.69%, which is 59% below median its 10-year median of 6.56 and 60.3% below the Consumer Packaged Goods industry median of 6.78. Nisshin Oillio Group's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nisshin Oillio Group (TSE:2602), the current ROE % is 2.69% 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 Nisshin Oillio Group (TSE:2602) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshin Oillio Group stock appears to be overvalued. The current stock price of 円1,943.00 is trading 6.3% above its estimated GF Value™ of 円1,828.32. GuruFocus considers Nisshin Oillio Group to be Fairly Valued.

Key valuation signals for TSE:2602:

  • ROE %: 2.69% (59% below median its 10-year median of 6.56)
  • GF Value™: 円1,828.32 vs. price of 円1,943.00 (6.3% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 60.3% below the Consumer Packaged Goods median (#597 of 1925)

No single metric tells the full story. See the TSE:2602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisshin Oillio Group Business Description

Address 1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.
69GF Score

Get the complete analysis for TSE:2602

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

円1,943.00
Price
円1,828.32
GF Value