Kyoei Food

What Kyoei Food does

Kyoei Food Co., Ltd. (共栄フード株式会社) is a Japanese B2B manufacturer of panko (Japanese-style breadcrumbs), founded in December 1967 and headquartered in Tokyo. The company produces over 600 breadcrumb varieties organized along multiple product dimensions: manufacturing method (Baisho oven-baked using gas and Denkyoku electrically baked), color (White, Color, Mix), moisture content (Fresh, Semi-Dry, Dry), and mesh size (Large 12-14mm, Medium 8-10mm, Small 4-6mm). Output is manufactured through a 14-step production process governed by an in-house R&D division (established December 2016) that conducts numerical and visual characterization of product properties to develop specialized variants such as crispy non-fried panko and long-lasting texture panko. The company holds company-wide ISO22000 food safety certification (since July 2023) at its 12 domestic factories plus 4 overseas plants in Thailand and Vietnam.

Kyoei Food sells exclusively through direct B2B channels — no distributors — with dedicated sales representatives consulting customers on breadcrumb selection based on their specific cooking applications. The customer base spans three primary segments: frozen food manufacturers (industrial-scale buyers using panko for shrimp fries, fish fries, and croquettes), foodservice operators (restaurants and institutional kitchens producing tonkatsu, ebi fry, and other fried dishes), and retailers/supermarkets (prepared-food sections and private label). Overseas, the Thailand and Vietnam subsidiaries serve local markets plus export to the EU, Indonesia, India, the United States, Korea, Taiwan, China, and other Asian countries.

Revenue is generated through negotiated per-account B2B contracts based on volume, product specification, and delivery terms; pricing is not publicly disclosed. Disclosed segment sales total approximately 21.4 billion JPY across the three operating geographies — 15.7 billion JPY domestic (October 2025), 3.8 billion JPY Vietnam (December 2025), and 1.9 billion JPY Thailand (December 2025) — translating to roughly USD 140 million at prevailing exchange rates. The company is privately held with no disclosed external PE/VC backing; leadership is led by President & CEO Tsutomu Osada (長田 務) and four additional directors. A current restructuring program (closing Yokohama Factory in June 2026) is paired with capacity additions at the new Higashi-Nihon Factory (Gunma, April 2026) and Da Nang Second Factory (July 2025), consistent with the company's stated 'world No.1 panko company' long-term vision.

Name

Kyoei Food

Legal name

共栄フード株式会社

Website

https://kyoeifood.co.jp

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kyoei Food is a Japanese B2B manufacturer specializing in panko breadcrumbs, producing over 600 varieties across two baking methods and multiple color, moisture, and mesh specifications for frozen food manufacturers, foodservice operators, and retailers in Japan, Thailand, and Vietnam.

Ownership category

akta.pro rank

Product category

Breadcrumb Manufacturing

NAICS

Bakeries and Tortilla Manufacturing (3118), Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour (311824), Food Manufacturing (311)

SIC

Bakery Products (2050), Food And Kindred Products (2000)

akta.pro primary industry

Refrigerated & Frozen Doughs and Batters Manufacturing (AFAKACAM)

Keywords

• Panko breadcrumb manufacturing
• Industrial food ingredients
• Frozen food coating products
• Foodservice breading supply
• Japanese-style breadcrumbs

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. B2B Breadcrumb Sales: Kyoei Food generates revenue through the manufacture and sale of industrial and food-service breadcrumbs to frozen food manufacturers, retailers, and food service operators. Products are sold directly through the company's nationwide sales network and overseas operations in Thailand and Vietnam.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Kyoei Food manufactures and supplies over 600 varieties of panko (Japanese-style breadcrumbs) for industrial and foodservice use. Products are organized by manufacturing method (Baisho oven-baked or Denkyoku electrically-baked), color (White, Color, Mix), moisture content (Fresh, Semi-dry, Dry), and mesh size (Large 12-14mm, Medium 8-10mm, Small 4-6mm), supplying frozen food manufacturers, retailers, and food service operators through a nationwide factory and distribution network in Japan plus overseas operations in Thailand and Vietnam.

Product overview

Kyoei Food is a specialized panko (Japanese-style breadcrumb) manufacturer with over 600 varieties of products. The company operates a single unified product line organized by manufacturing method (Denkyoku electrically-baked and Baisho oven-baked), color (White, Color, Mix), moisture content (Fresh, Semi-Dry, Dry), and mesh size (Large 12-14mm, Medium 8-10mm, Small 4-6mm). These product dimensions combine to create a comprehensive portfolio serving foodservice operators, frozen food manufacturers, retailers, and industrial food processors across Japan and overseas markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Denkyoku (Electrically Baked) Panko Panko breadcrumbs baked using electricity without crust, resembling steamed bread. Produces silver-shaped (Kendachi) texture with less oil absorption and texture longevity, keeping fried texture longer even hours after frying. Used by foodservice operators, frozen food manufacturers, and retailers for applications requiring extended crispness.
• Baisho (Oven Baked) Panko Bread baked by gas oven using the same method as regular bread production. Produces silver-shaped (Kendachi) texture with soft, melt-in-the-mouth quality and excellent flavor, resulting in a very soft texture when cooked with oil absorption. Used for traditional tonkatsu, ebi fry, croquettes, and other fried foods requiring authentic flavor and softness.
• White Panko Natural-colored panko breadcrumbs with the original wheat color, used across various fried food applications. Suitable for foodservice operators and frozen food manufacturers that require the natural appearance of wheat in their finished fried products.
• Color Panko Panko colored using natural coloring or vegetable paste to prevent fried color from fading over time. Maintains visual appeal of fried foods during retail display and prolonged holding. Targeted at retailers and foodservice operators that need extended visual quality.
• Fresh Panko High-moisture panko breadcrumbs that deliver light and crispy texture. Suitable for foodservice operators and frozen food manufacturers requiring fresh, high-moisture characteristics for traditional fried food preparation.
• Semi-Dry Panko Medium-moisture panko with excellent machine breading properties. Recommended for automated coating processes used by industrial frozen food manufacturers running high-volume breading lines.
• Dry Panko Low-moisture panko breadcrumbs used for breading and binding purposes. Can also help prevent drip loss in food products. Suitable for industrial food manufacturers requiring binding functionality and extended shelf stability.
• Large Mesh Panko (12-14mm) Coarse-textured panko providing voluminous, thick appearance resembling blooming flowers. Suitable for shrimp fries, tonkatsu, and other large-cut fried items where visual volume and crisp texture are desired.
• Medium Mesh Panko (8-10mm) Standard-sized panko breadcrumbs versatile enough to pair with various ingredients and cooking applications. Serves as the general-purpose mesh size for restaurants and food manufacturers.
• Small Mesh Panko (4-6mm)

Quantifiable outcome

• Over 600 breadcrumb product varieties supplied to customers across Japan and overseas markets

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Mitsui & Co. Los Angeles BranchminorStrategic or Co-development Partner · 1 January 2014Kyoei Food employee Shota Masuda is stationed as a trainee at Mitsui & Co.'s Los Angeles office, learning about trade business and the US food market through on-the-job training. This partnership provides Kyoei Food with market intelligence and network access in the large US food market.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Showa Sangyo Co., Ltd. Japanese flour milling, oil and feed company that produces breadcrumbs and bakery ingredients. Comparable as another Japan-based, large-scale flour/breadcrumb manufacturer serving similar industrial and foodservice customers.
• AB Mauri: Global bakery ingredients business of Associated British Foods producing yeasts, bakery mixes, and breadcrumb coatings for industrial and craft bakeries. Comparable as a large multinational supplier of breadcrumb/bakery ingredient systems to industrial food manufacturers.
• Nisshin Seifun Group: Japan's largest flour milling company and a major producer of breadcrumbs and related bakery ingredients. Directly comparable as a Japanese-headquartered flour-based product manufacturer with breadcrumb offerings, though operating at much greater scale and across broader product categories.
• Nippon Flour Mills Co., Ltd. Japanese flour milling and processed food manufacturer producing breadcrumbs, premixes, and pasta. Comparable Japan-based flour milling competitor serving overlapping industrial bakery ingredients customers.

Direct peers

• Newly Weds Foods: Global leader in the manufacture of breadcrumbs, batters, and seasonings for the food industry, serving frozen food manufacturers and foodservice operators worldwide. Most direct international competitor given its specialization in industrial coatings and breadcrumb systems parallel to Kyoei's product portfolio.
• Golden Dipt Company: U.S.-based industrial manufacturer of breadcrumbs, batters, and seasoned coatings sold primarily to foodservice distributors and food processors. Closely comparable product category (industrial breadcrumbs) and similar B2B customer base to Kyoei's frozen food manufacturer and foodservice segments.
• Freiberger Lebensmittel GmbH: German-based major producer of frozen and chilled pizza and baked snacks, owned by Südzucker. Operates industrial breadcrumb and dough-based product lines serving similar retail/foodservice frozen-food manufacturer customers across Europe.

Others

• Ichibanya Co., Ltd. Japan's largest curry restaurant chain, a major consumer of panko breadcrumbs for katsu curry offerings. Comparable as a downstream Kyoei customer representing scale of Japanese institutional foodservice demand for panko.
• Tyson Foods (Prepared Foods segment): One of the world's largest protein/frozen prepared food producers, a major buyer of industrial breadcrumbs for breaded chicken and fried products. Comparable as a customer archetype Kyoei serves, illustrating scale of opportunity in B2B breadcrumb supply to global frozen food manufacturers.

Regional players

• Maruha Nichiro Corporation: Large Japanese seafood/food processor producing frozen breaded seafood products including ebi fry and fish fries that consume industrial breadcrumbs. Comparable as both a potential Kyoei customer and a Japan-headquartered processed-frozen-food player in the same fried-food value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kyoei Food