Competition
Competitors describe PT Japfa Comfeed Indonesia Tbk's market in their own filings and calls. These verified passages and visual pages show where their strategies meet, using source documents preserved in Sources.
Charoen Pokphand Foods (CPF)
The closest pan-Asian analogue to Japfa — a vertically integrated feed–farm–food group spanning broiler, swine, shrimp and processed protein. Its annual report benchmarks the global protein markets Japfa sells into and, notably, ranks Japfa among the world's largest broiler producers — ahead of CPF itself.
CPF's stated sizing of the global broiler market Japfa also serves — record output and Thailand ranked the world's fourth-largest exporter. Context for the price and volume backdrop across the region.
In 2025, global broiler production reached 107.6 million tons, an increase from 2024 (104.2 million tons). […] Thailand ranked as the world’s fourth-largest broiler exporter, with an export volume of approximately 1.25 million tons, representing an increase of 6.8% compared to 2024.
p. 36 · Read in context →
PT Central Proteina Prima Tbk (CPRO)
Indonesia's entrenched aquaculture and aquafeed group (shrimp and fish feed, hatchery, processed seafood), and the most direct domestic rival to Japfa's Aquaculture segment. Its filing frames its own market position and the shrimp-industry dynamics both companies face.
CPRO's stated market position in the segment it shares with Japfa's aqua business — self-described as a 'key player' in Indonesian aquaculture, still pursuing share gains through targeting, new customers and exports.
The Company is a key player in Indonesia’s aquaculture industry and remains committed to expanding its market share through more targeted marketing programs, the acquisition of new customers, and broader penetration into additional export markets.
p. 95 · Read in context →
CPRO's account of 2025 pressures on the Indonesian shrimp market both firms export into: an October 2025 Cesium-contamination scare that dented market sentiment, yet an industry export volume still up 11% for the year.
During the year, the industry also encountered reputational challenges following allegations of Cesium contamination in October 2025. […] In aggregate, data from the Ministry of Marine Affairs Performance Report indicated that shrimp export volume in 2025 continued to grow by 11% compared to the preceding year.
p. 24 · Read in context →
PT Widodo Makmur Unggas Tbk (WMUU)
A younger Indonesian integrated-poultry player (feed, breeding, DOC, broiler) competing in Japfa's core domestic chain. Its filing sizes the national poultry market, describes the oversupply that pressures every producer's margins, and — through its own sharply shrinking output — illustrates the shakeout underway.
WMUU's sizing of the shared Indonesian poultry market and its central problem — 2025 chicken-meat output of 4.95 million tonnes against 4.76 million tonnes of demand, a persistent surplus it says leaves industry margins 'relatively challenging' and squeezes profitability. (Indonesian original; figures per the Ministry of Agriculture.)
Produksi daging ayam ras nasional mencapai 4,95 juta ton, sementara kebutuhan tercatat sebesar 4,76 juta ton, sehingga terdapat surplus sebesar 189,63 ribu ton. […] Dinamika oversupply ini membuat margin industri perunggasan berada pada level yang relatif menantang, sehingga menekan profitabilitas pelaku usaha.
p. 62 · Read in context →
The competitive shakeout in numbers: WMUU discloses its own feed output collapsed 91% in 2025 to just 1,464 tonnes (from 16,552), a scale of retreat that underlines how the oversupplied market is thinning weaker integrators — the backdrop against which Japfa's feed franchise operates. (Indonesian original.)
Pada tahun 2025, Perseroan dan entitas anaknya memproduksi sebanyak 1.464 ton pakan, mengalami penurunan sebesar 91% dibandingkan 16.552 ton pakan yang dihasilkan pada tahun 2024.
p. 63 · Read in context →
More peer documents
CPF Q4 FY2025 earnings presentation — 51 pages · Management colour on feed-raw-material costs, the shrimp cycle and Vietnam/Thailand swine — read across to Japfa's feed-margin and aqua drivers; earlier quarters (Q1–Q3 FY2025) add the year's cycle. · Open →
PT Malindo Feedmill (MAIN) — financial statements (data feed) — 1 page · Malindo is a direct Indonesian feed-plus-poultry competitor (Sunny Gold brand), but only vendor-sourced financial statements are in the corpus — no narrative filing or transcript to quote, so no exhibit; the income/balance-sheet PDFs are worth opening for head-to-head scale and margins. · Open →
CPF FY2024 annual report — prior-year shrimp market table (p.37) — 289 pages · Prior-year global shrimp production table (Asia incl. Indonesia) for two-year continuity on the aquaculture market CPF and Japfa both address. · Open →