PICKLES CORPORATION
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PICKLES CORPORATION - overview
Established
1977
Location
Tokorozawa, -, Japan
Primary Industry
Food
About
Pickles Corporation is a prominent Japanese company specializing in the production of traditional pickled foods, including tsukemono and kimchi, with a strong emphasis on quality and health-conscious ingredients. Founded in 1977 in Tokorozawa, Japan, Pickles Corporation focuses on the production of fermented food products. The company has remained consistent in its business strategy, operating independently without known subsidiaries. The founders, Avirat Sundra and Tomás Pinto, have established a robust presence in the pickled foods industry.
Pickles Corporation offers a diverse line of traditional fermented products such as tsukemono (Japanese pickles) and kimchi, using locally sourced vegetables and avoiding chemical additives. Their product range also includes dressings, sauces, and condiments, marketed to health-conscious consumers in Japan and catering to both direct consumers and business clients like restaurants. In 2023, Pickles Corporation reported a revenue of USD 307. 11 mn and an EBITDA of USD 19.
29 mn. Revenue is generated through multiple channels, including direct consumer sales and wholesale distributions to restaurants and retailers, ensuring a steady demand for their offerings in the market.
Primary Industry
Food
Sub Industries
Canned/Frozen Fruit & Vegetables
Website
http://www.pickles.co.jp
Total Amount Raised
Subscriber access only
PICKLES CORPORATION - timeline of key events
PICKLES CORPORATION - financials
| Fiscal Year Ended | Feb 29, 2012 | Feb 28, 2013 | Feb 28, 2014 | Feb 28, 2015 | Feb 29, 2016 | Feb 28, 2017 | Feb 28, 2018 | Feb 28, 2019 | Feb 29, 2020 | Feb 28, 2021 | Feb 28, 2022 | Feb 28, 2023 | Feb 29, 2024 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 21,587,880,000 | 24,063,636,000 | 25,648,476,000 | 26,805,018,000 | 30,152,724,000 | 35,801,556,000 | 37,616,318,000 | 40,670,986,000 | 41,417,000,000 | 46,020,000,000 | 45,006,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 11.5% | 6.6% | 4.5% | 12.5% | 18.7% | 5.1% | 8.1% | 1.8% | 11.1% | (2.2%) | - | - | - |
| EBITDA (USD) | 1,319,504,000 | 1,262,897,000 | 1,266,339,000 | 1,539,996,000 | 1,432,397,000 | 1,360,367,000 | 1,722,276,000 | 2,165,551,000 | 2,774,000,000 | 3,706,000,000 | 3,966,000,000 | - | - | - |
| Operating Income (USD) | 982,826,000 | 915,571,000 | 852,762,000 | 1,056,803,000 | 931,496,000 | 780,310,000 | 1,131,821,000 | 1,409,744,000 | 1,871,000,000 | 2,711,000,000 | 2,942,000,000 | - | - | - |
| Operating Margin | 4.6% | 3.8% | 3.3% | 3.9% | 3.1% | 2.2% | 3.0% | 3.5% | 4.5% | 5.9% | 6.5% | - | - | - |
| % EBITDA Margin | 6.1% | 5.2% | 4.9% | 5.7% | 4.8% | 3.8% | 4.6% | 5.3% | 6.7% | 8.1% | 8.8% | - | - | - |
| NET Income (USD) | 594,149,000 | 574,104,000 | 607,568,000 | 507,227,000 | 689,332,000 | 556,296,000 | 873,766,000 | 920,594,000 | 1,290,000,000 | 1,832,000,000 | 2,128,000,000 | - | - | - |
| % Net Margin | 2.8% | 2.4% | 2.4% | 1.9% | 2.3% | 1.6% | 2.3% | 2.3% | 3.1% | 4.0% | 4.7% | - | - | - |
PICKLES CORPORATION - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Food Label Holdings Co., Ltd | - |
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PICKLES CORPORATION - employee data
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