# Feed ONE vs Showa Sangyo

> Unit: JPY millions (ratios in %)
> Periods: Feed ONE = FY ending Mar 2026, consolidated, J-GAAP / Showa Sangyo = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T19:39:08.765Z

| Metric | Feed ONE | Showa Sangyo |
| --- | ---: | ---: |
| Revenue | 290,675 | 335,413 |
| Operating income | 8,091 | 11,941 |
| Net income | 6,377 | 10,611 |
| COGS ratio | 88.4% | 82.2% |
| Operating margin | 2.8% | 3.6% |
| Net margin | 2.2% | 3.2% |
| FCF margin | 1.6% | 2.0% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YC1Q | S100YGEO |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Feed ONE | Showa Sangyo |
| --- | ---: | ---: |
| Revenue growth | 90 (5 peers) | 47.7 (22 peers) |
| Profitability | 25 (6 peers) | 22.9 (24 peers) |
| Cash conversion | 75 (6 peers) | 81.3 (24 peers) |
| Efficiency | 91.7 (6 peers) | 81.3 (24 peers) |
| Financial strength | — | 41.7 (6 peers) |

## Company details

- https://vizora.meequs.com/en/company/feed-one/md
- https://vizora.meequs.com/en/company/showa-sangyo/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).