Japan Food Tech Holdings, Inc. (JFTH)
Japan Food Tech Holdings, Inc. is involved in the development, manufacturing, sourcing, and distribution of a wide array of food products. The company places a particular emphasis on crafting innovative plant-derived food alternatives, such as Dr. Foie Gras, Vegan Caviar, Cultured Caviar, and Vegan Truffle Butter. Founded in 2021, the company's base of operations is in Tokyo, Japan. It rebranded and adopted its current name, Japan Food Tech Holdings, Inc., in June 2024, having previously been known as Dr. Foods, Inc.
Sector: Blank Checks
Industry: Packaged Foods
Japan Food Tech Holdings, Inc.
OTC:JFTHConsumer Defensive · Packaged Foods
Mkt Cap-
Float13.71M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$20K
Net Income-$6K
Total Assets$370K
Free Cash Flow$550
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$314K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in JFTH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$370K
Liabilities$56K
Accounts Receivable$364K
Accounts Payable$55K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Revenue | $20K | $16K | $1K | $1K | $0 | $0 | $41K | $41K | $241K | $97K | $142K | $20K | $55K | $0 | $0 | $0 | $0 |
| YoY Growth | 26.3% | 1433.8% | 0.0% | - | - | - | 0.0% | -83.1% | 148.4% | -31.8% | 622.4% | -64.0% | - | - | - | - | - |
| Cost of Revenue | $16K | $0 | $0 | $0 | $0 | $0 | $28K | $28K | $150K | $59K | $96K | $13K | $49K | $335 | $22K | $22K | $569 |
| Gross Profit | $4K | $16K | $1K | $1K | $0 | $0 | $13K | $13K | $91K | $38K | $46K | $7K | $6K | -$335 | -$22K | -$22K | -$569 |
| Gross Margin | 18.8% | 100.0% | 100.0% | 100.0% | - | - | 31.7% | 31.7% | 37.9% | 38.8% | 32.4% | 34.7% | 11.1% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $6K | $26K | $26K | $20K | $0 | $0 | $16K | $15K | $6K | $149K |
| Selling, General, and Administrative | $10K | $782K | $326K | $1.05M | $69K | $69K | $739K | $739K | $2.06M | $2.55M | $1.47M | $71K | $333K | $588K | $1.21M | $366K | $32K |
| Other | $0 | $0 | $0 | -$721K | $978K | $0 | $142K | $142K | -$26K | $205 | $1.02M | $1.4M | -$261K | -$302K | -$765K | $850K | $379K |
| Total Operating Expenses | $10K | $782K | $326K | $326K | $1.05M | $69K | $887K | $887K | $2.06M | $2.57M | $2.51M | $1.47M | $71K | $303K | $456K | $1.22M | $560K |
| Operating Income (EBIT) | -$6K | -$766K | -$325K | -$325K | -$1.05M | -$69K | -$874K | -$874K | -$1.97M | -$2.54M | -$2.44M | -$1.46M | -$72K | -$303K | -$478K | -$1.24M | -$560K |
| Operating Margin | -29.4% | -4813.6% | -31347.3% | -31347.3% | - | - | -2145.9% | -2145.9% | -818.6% | -2614.7% | -1720.2% | -7434.6% | -130.9% | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $82K | $82K | $99K | $47K | $8K | $8K | $31K | $24K | $40K | $12K | $341 |
| Interest Income | $0 | $5K | $4K | $4K | $0 | $0 | $0 | $0 | $0 | $18K | $83 | $83 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $4K | $4K | $0 | $0 | -$1.4M | -$1.4M | -$37K | -$1.5M | -$29K | -$70K | $8K | $33K | -$146K | -$12K | -$7K |
| Income Before Tax (EBT) | -$6K | -$761K | -$321K | -$321K | -$1.05M | -$69K | -$2.27M | -$2.27M | -$2.01M | -$4.04M | -$2.47M | -$1.53M | -$63K | -$270K | -$624K | -$388K | -$568K |
| Income Tax Expense | $0 | $530 | $774 | $774 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | $0 | $0 | $0 |
| Net Income | -$6K | -$762K | -$322K | -$322K | -$1.05M | -$69K | -$2.27M | -$2.27M | -$2.01M | -$4.04M | -$1.53M | -$63K | -$270K | -$624K | -$1.28M | -$388K | -$568K |
| Net Income Margin | -29.4% | -4785.1% | -31003.9% | -31003.9% | - | - | -5582.4% | -5582.4% | -834.0% | -4163.7% | -1078.3% | -320.8% | -494.2% | - | - | - | - |
| Supplementary Data | |||||||||||||||||
| EPS | 0.00 | -0.06 | -0.03 | -0.03 | -0.00 | 0.00 | -0.60 | -2.75 | -2.75 | -4.48 | -3.13 | -4.00 | -3.80 | -12.82 | -35.32 | -13.29 | -20.00 |
| Diluted EPS | 0.00 | -0.06 | -0.03 | -0.03 | -0.00 | 0.00 | -0.60 | -2.75 | -4.00 | -4.48 | -3.13 | -4.00 | -3.80 | -12.82 | -35.32 | -13.29 | -20.00 |
| Weighted Average OS | 95.71M | 13.60M | 12.85M | 10.72M | 2.14B | 0 | 3.81M | 729,806 | 601,202 | 552,158 | 489,035 | 386,523 | 71,000 | 48,688 | 36,375 | 29,187 | 29,829 |
| EBITDA | -$6K | -$259K | $0 | $726K | -$978K | $0 | -$2.17M | -$2.16M | -$1.9M | -$3.99M | -$2.43M | -$65K | -$303K | -$456K | -$1.22M | -$372K | -$567K |
| EBITDA Margin | -29.4% | -1624.6% | - | 69948.2% | - | - | -5316.5% | -5309.5% | -787.2% | -4110.7% | -1712.9% | -330.4% | -554.1% | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $6K | $9K | $1K | $1K | $0 | $242 | $2K | $820 | $56K | $1K | $1K | $57 | $0 | $58 | $15K | $12K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $6K | $9K | $1K | $1K | $0 | $242 | $820 | $820 | $56K | $1K | $1K | $57 | $0 | $58 | $15K | $12K |
| Accounts Receivable | $364K | $11K | $5K | $5K | $0 | $0 | $14K | $14K | $3K | $5K | $5K | $280K | $0 | $0 | $0 | $1K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $6K | $1K | $1K | $129K | $39K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $535K | $535K | $0 | $33K | $0 | $0 | $17K | $103K | $159K | -$338 | $0 | $0 | $0 | $0 |
| Total Current Assets | $370K | $22K | $542K | $542K | $0 | $54K | $84K | $84K | $223K | $165K | $165K | $18 | $18 | $76 | $18K | $18K |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $13K | $34K | $52K | $10K | $10K | $10K | $328 | $662 | $8K | $11K | $984 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $27K | $19K | $27K | $36K | $36K | $42K | $0 | $0 | $145K | $60K | $53K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$26K | $0 | $6K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $39K | $53K | $53K | $46K | $52K | $52K | $328 | $662 | $154 | $72K | $54K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $370K | $22K | $22K | $542K | $0 | $93K | $104K | $136K | $293K | $217K | $217K | $346 | $346 | $680 | $89K | $72K |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $55K | $49K | $37K | $37K | $0 | $103K | $130K | $26K | $19K | $102K | $102K | $59K | $58K | $77K | $52K | $25K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $150K | $143K | $435K | $145K | $145K | $28K | $28K | $131K | $83K | $20K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $328 | $0 | $0 | $0 | $0 | $457K | $280K | $0 | $0 | $0 | $3K | $0 | $107K | $0 | $0 |
| Other Current Liabilities | $2K | $532 | $10K | -$4K | $4K | $108K | $16K | $1K | $879K | -$258K | $0 | $55 | -$27K | -$4K | $471 | $0 |
| Total Current Liabilities | $56K | $50K | $50K | $40K | $4K | $604K | $1.15M | $731K | $1.52M | $209K | $466K | $149 | $149 | $449 | $285K | $95K |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $716K | $551K | $768K | $300K | $200K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $49K | $33K | $0 | $1.89M | $1.09M | $852K | $546K | $125K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $49K | $49K | $33K | $0 | $2.6M | $1.64M | $1.62M | $846K | $325K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | -$49K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $56K | $50K | $50K | $40K | $4K | $3.21M | $2.79M | $2.35M | $2.37M | $209K | $466K | $149K | $149K | $449K | $285K | $95K |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $7K | $7K | $7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $10K | $1K | $1K | $1K | $0 | $171K | $18K | $18K | $114K | $120K | $27K | $20K | $12K | $8K | $6K | $5K |
| Retained Earnings | -$1.69M | -$2.14M | -$1.37M | -$1.05M | -$6K | -$13.8M | -$11.03M | -$11.03M | -$4.99M | -$2.51M | -$3.21M | -$3.14M | -$2.87M | -$2.25M | -$956K | -$568K |
| Comprehensive Income & Other | -$179K | -$69K | -$24K | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $2M | $2.11M | $1.88M | $1.55M | $2K | $10.51M | $8.8M | $8.8M | $4.93M | $2.14M | $3.28M | $2.97M | $2.41M | $2.12M | $754K | $539K |
| Total Equity | $314K | -$28K | $502K | $502K | -$4K | -$3.11M | -$2.21M | -$2.21M | $60K | -$250K | $105K | -$148K | -$449K | -$119K | -$196K | -$23K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $370K | $22K | $552K | $542K | $0 | $93K | $574K | $136K | $2.43M | -$41K | $572K | $346 | -$300K | $330K | $89K | $72K |
| Supplementary Data | ||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $716K | $701K | $911K | $735K | $145K | $145K | $28K | $28K | $131K | $83K | $20K |
| Net Debt | -$6K | -$9K | -$1K | -$1K | $0 | $716K | $699K | $910K | $679K | $144K | $144K | $28K | $28K | $131 | $69K | $8K |
Cash Flow Statement
| Period | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Operating Activities | ||||||||||||||||
| Net Income | -$6K | -$762K | -$322K | -$1.05M | -$69K | -$2.27M | -$2.01M | -$4.81M | -$2.47M | -$1.53M | -$63K | -$270K | -$624K | -$1.28M | -$388K | -$568K |
| Depreciation & Amortization | $0 | $0 | $325K | $1.05M | $69K | $26K | $29K | $14K | $10K | $0 | $121 | $335 | $22K | $22K | $4K | $569 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $1.32M | -$1.28M | $2.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $1M | $0 | $335K | $1.22M | $1.68M | $1.61M | $613K | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | -$22K | -$17K | -$5K | -$5K | $0 | $14K | $14K | -$9K | -$2K | -$5K | -$5K | $0 | $0 | $0 | $0 | -$1K |
| Inventory | $0 | $0 | $0 | $0 | $0 | -$5K | -$5K | $61K | $9K | -$24K | -$24K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $28K | $17K | $37K | $37K | $0 | $73K | $73K | $30K | $8K | -$79K | -$79K | $3K | $206K | $206K | $25K | $25K |
| Other Working Capital | $551 | -$3K | -$4K | -$4K | $45K | $36K | $36K | $257K | $96K | $206K | $206K | $171K | $171K | $171K | $101K | $45K |
| Total Working Capital Change | $6K | -$3K | $28K | $28K | $45K | $117K | $117K | $339K | $111K | $99K | $99K | $174K | $377K | $377K | $126K | $69K |
| Other Non-Cash Items | $0 | $508K | -$289K | -$1.32M | -$69K | $310K | $1.44M | -$213K | -$176K | $93K | -$116K | -$503K | $104K | $588K | $98K | $107K |
| Net Cash from Operating | $555 | -$257K | -$257K | -$294K | -$24K | -$168K | -$485K | -$733K | -$921K | -$728K | -$80K | -$599K | -$121K | -$297K | -$160K | -$391K |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | -$18K | -$3K | -$15K | -$4K | -$4K | $0 | $0 | -$1K | -$1K | -$22K | -$60K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$320K | -$23K | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$11K | -$4K | -$4K | -$528K | $0 | $0 | $0 | $0 | $0 | $146K | $46K | $0 | $0 | -$21K | $0 | $0 |
| Net Cash from Investing | -$11K | -$4K | -$4K | -$528K | $0 | -$18K | -$3K | -$15K | -$4K | $142K | -$274K | -$23K | -$1K | -$23K | -$22K | -$60K |
| Financing Activities | ||||||||||||||||
| Debt Repaid | - | - | - | - | - | -$187K | -$432K | -$432K | -$800K | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $187K | $769K | $769K | $0 | $0 | $0 | $0 | $1.07M | $231K | $275K | $275K | $0 | $207K | $138K | $440K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $90K | -$492K | $85K | $24K | $0 | $0 | $368K | -$945K | $0 | -$207K | $133K | $0 | $16K | $0 | $2K |
| Net Cash from Financing | $0 | $277K | $277K | $855K | $24K | $187K | $432K | $800K | $928K | $587K | $458K | $444K | $122K | $305K | $184K | $463K |
| Forex Effect | -$111K | -$9K | -$9K | -$32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$121K | $7K | $7K | $1K | $0 | $1K | -$55K | $51K | $3K | $963 | $104K | -$178K | -$58 | -$15K | $3K | $12K |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | $555 | -$257K | -$294K | -$44K | -$24K | -$168K | -$485K | -$733K | -$921K | -$728K | -$728K | -$80K | -$121K | -$297K | -$160K | -$391K |
| Capital Expenditure | -$5 | $0 | $0 | $0 | $0 | -$18K | -$3K | -$15K | -$4K | -$16K | -$10K | $4 | -$1K | -$33K | -$22K | -$8K |
| Free Cash Flow | $550 | -$257K | -$294K | -$44K | -$24K | -$186K | -$488K | -$749K | -$925K | -$744K | -$738K | -$3K | -$122K | -$330K | -$182K | -$399K |
| Cash at Beginning | $128K | $1K | $1K | $2K | $0 | $820 | $56K | $5K | $1K | $439 | $0 | $178K | $58 | $15K | $12K | $0 |
| Cash at End | $6K | $9K | $9K | $1K | $0 | $2K | $820 | $56K | $5K | $1K | $104K | $439 | $0 | $58 | $15K | $12K |