# NH Foods vs Starzen

> Unit: JPY millions (ratios in %)
> Periods: NH Foods = FY ending Mar 2026, consolidated, IFRS / Starzen = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T18:27:12.201Z

| Metric | NH Foods | Starzen |
| --- | ---: | ---: |
| Revenue | 1,457,391 | 448,213 |
| Operating income | — | 8,762 |
| Net income | 35,066 | 8,338 |
| COGS ratio | 82.8% | 90.1% |
| Operating margin | — | 2.0% |
| Net margin | 2.4% | 1.9% |
| FCF margin | — | -1.1% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YEEQ | S100YIM9 |

## 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 | NH Foods | Starzen |
| --- | ---: | ---: |
| Revenue growth | 77.3 (11 peers) | 59.1 (11 peers) |
| Profitability | — | 40.9 (11 peers) |
| Cash conversion | — | 5.6 (9 peers) |
| Efficiency | 20.8 (12 peers) | 95.8 (12 peers) |
| Financial strength | 50 (3 peers) | — |

## Company details

- https://vizora.meequs.com/en/company/nh-foods/md
- https://vizora.meequs.com/en/company/starzen/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).