KikkomanKIKKOMAN CORPORATION2801東証プライム食料品FY ending Mar 2026, consolidated, IFRS

Kikkoman FY ending Mar 2026 results

About 58% of Kikkoman's sales come from Overseas Foods-Wholesale, with Domestic Foods-Manufacturing and Sales and Overseas Foods-Manufacturing and Sales making up much of the rest.

Out of every ¥100 of sales, about ¥10 is left as operating profit.

Revenue changed +5.2% from the prior year, operating profit +3.0%.

Revenue and profit pattern

Revenue and profit upRevenue grew faster

Revenue +5.2% · profit +3.0%, calculated from disclosed figures.

Operating leverage: 0.59× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +5.2%¥709B → ¥745.5B
Gross profit: +5.6%¥239.2B → ¥252.6B
Operating income: +3.0%¥73.7B → ¥75.9B
Net income attributable to owners: -0.1%¥61.7B → ¥61.6B
Operating cash flow: +22.3%¥74B → ¥90.5B
Free cash flow: -7.2%¥33.3B → ¥30.9B

Results at a glance

Revenue grew 5.2% to ¥745.5B in the FY ending Mar 2026, up from ¥709B.
Operating income rose 3.0% to ¥75.9B, but net income was essentially unchanged at ¥61.6B versus ¥61.7B.
Operating cash flow jumped 22.3% to ¥90.5B, yet heavier capital spending pulled free cash flow down 7.2% to ¥30.9B.

What drove the change

The overseas wholesale business grew sales in North America, Europe, and Asia-Oceania
Overseas soy sauce sales rose in North America, in Europe (Germany, France, and others), and in Asia (Indonesia, the Philippines, China, and others)
In Japan, soy milk sold well on health interest and active advertising, and soup bases and Del Monte seasonings also grew

Things to watch

Prices of soybeans, wheat, and oil rising beyond plan could hurt results
Sharp currency swings could shrink overseas earnings when converted to yen or raise the cost of imported materials
Political upheaval or armed conflict in markets where it operates could disrupt business

Annual Securities Report (FY ending Mar 2026) / Management's Analysis of Financial Position, Operating Results and Cash Flows · Annual Securities Report (FY ending Mar 2026) / Business Risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Kikkoman sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥66
SG&A: ¥24
Operating profit: ¥10
Net profit kept: ¥8

Annual margin trends

Gross margin33.9%

Operating margin10.2%

Net margin8.3%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Overseas Foods-Wholesale¥432.8B
58%
Op. margin 7.1%Industry: Specialty Trading & Wholesale
Domestic Foods-Manufacturing and Sales¥155.7B
21%
Op. margin 6.3%Industry: Processed Foods
Overseas Foods-Manufacturing and Sales¥149.5B
20%
Op. margin 27.4%Industry: Processed Foods
Domestic Others¥7.53B
1%
Op. margin 21.6%

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第109期(2025/04/01－2026/03/31)
ID S100YE5V2026-06-19Open
EDINET (FSA Japan)
有価証券報告書－第108期(2024/04/01－2025/03/31)
ID S100W06C2025-06-20Open
EDINET (FSA Japan)
有価証券報告書－第107期(2023/04/01－2024/03/31)
ID S100TQSH2024-06-25Open
EDINET (FSA Japan)
有価証券報告書－第106期(2022/04/01－2023/03/31)
ID S100R6C42023-06-29Open
EDINET (FSA Japan)
有価証券報告書－第105期(令和3年4月1日－令和4年3月31日)
ID S100OB0O2022-06-21Open
EDINET (FSA Japan)
有価証券報告書－第104期(令和2年4月1日－令和3年3月31日)
ID S100LM4K2021-06-22Open

Extracted from XBRL: 44 / Derived from other figures: 1

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