ITO EN Ltd - Company Profile
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ITO EN Ltd (ITO) is a manufacturer and distributor of non-alcoholic beverages and tea-related products. Its product portfolio includes a range of instant tea, coffee, vegetable beverages, Chinese tea, mineral water, functional beverages, jasmine tea, green tea, barley tea, tea bags, tea powder, and tea leaves. It also produces and market vitamins and other dietary supplements. ITO markets its products under Oi Ocha, Mugicha, Matcha Green Tea, Aloha and ITO EN brand names. It operates a chain of restaurants under Tully’s Coffee brand name. The company has business operations spanning across Japan, Indonesia, Singapore, Taiwan, Thailand, Canada, the US, Australia, and China. ITO is headquartered in Shibuya-ku, Tokyo, Japan.
Headquarters
Japan
Address
3-47-10, Hon-Machi, Shibuya-Ku, Tokyo, 151-8550
Website
www.itoen.co.jp
Telephone
81 3 53717111
No of Employees
7,928
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
2593 (TYO)
Revenue (2022)
$3.2B
7.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-0.3%
(2022 vs 2021)
Market Cap*
$2.6B
Net Profit Margin (2022)
XYZ
-7.4%
(2022 vs 2021)
* As of and is in US$
ITO EN Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Other Beverages | Oi Ocha |
| Supplement Products | Mugicha (Barley Tea) |
| Vegetable and Aojiru Products | TULLY’S COFFEE |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In March, the company in partnership with Nongshim launched drinkable ramen, Nomu Fururu Reimen. |
| 2022 | Corporate Changes/Expansions | In July, the company expanded to North America. |
| 2022 | New Products/Services | In February, ITO EN North America introduced a plant-based functional energy drink under their award-winning brand- matcha LOVE. |
Competitor Comparison
| Key Parameters | ITO EN Ltd | PepsiCo Inc | The Coca-Cola Co | Suntory Beverage & Food Ltd | DyDo Group Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Japan | United States of America | United States of America | Japan | Japan |
| City | Shibuya-Ku | Purchase | Atlanta | Minato-Ku | Osaka-Shi |
| State/Province | Tokyo | New York | Georgia | Tokyo | Osaka |
| No. of Employees | 7,928 | 318,000 | 79,100 | 23,532 | 4,122 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Minoru Watanabe | Executive Officer; Director; Vice Chairman | Executive Board | 2022 | 72 |
| Daisuke Honjo | Chief Executive Officer; Director; President | Executive Board | 2019 | 60 |
| Hachiro Honjo | Chief Executive Officer; Chairman - Subsidiaries | Executive Board | 2009 | 83 |
| Atsushi Hirata | Chief Human Resource Officer; Director; General Manager- Administration Division; Senior Managing Executive Officer | Executive Board | 2023 | 60 |
| Yoshihisa Nakano | Chief Sustainability Officer; General Manager- Production and Logistics Division; Senior Managing Executive Officer; Director | Executive Board | 2023 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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