Kagome Posts Softer Q1 Profit as It Aligns Reporting With New IFRS Standard

An announcement from Kagome Co., Ltd. ( (JP:2811) ) is now available.

Kagome reported consolidated results for the three months ended March 31, 2026 under IFRS, aligning its disclosures with early adoption of IFRS 18 to match the new medium-term plan, Kagome Group Plan 2028. Revenue was essentially flat year-on-year at about ¥67.6 billion, while core operating income and net income attributable to shareholders declined, compressing profitability and margins.

Total assets and net assets continued to rise, and the equity ratio remained above 50%, indicating a solid balance sheet despite weaker earnings in the quarter. The company generated positive operating cash flow but recorded negative investing cash flow, reflecting continued capital expenditures and R&D, which suggests Kagome is prioritizing longer-term growth and structural initiatives even as short-term returns soften.

The most recent analyst rating on (JP:2811) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Kagome Co., Ltd. stock, see the JP:2811 Stock Forecast page.

More about Kagome Co., Ltd.

Kagome Co., Ltd. is a Japanese food manufacturer best known for tomato-based products, vegetable juices, and processed foods. The company focuses on leveraging agricultural raw materials and health-oriented offerings to drive stable growth in domestic and overseas food and beverage markets.

Average Trading Volume: 296,371

Technical Sentiment Signal: Sell

Current Market Cap: Yen232.8B

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