Kikkoman Corp. (KIKOY) ( (KIKOY) ) has released its Q1 earnings. Here is a breakdown of the information Kikkoman Corp. (KIKOY) presented to its investors.
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Kikkoman Corporation is a leading Japanese company in the food industry, known for its production and sale of soy sauce, food products, beverages, and other related items, both domestically and internationally. In its latest earnings report for the first quarter of fiscal 2026, Kikkoman Corp. reported a slight decline in revenue and profits compared to the previous year. The company achieved a revenue of ¥175,660 million, a 1.4% decrease year-on-year, and a profit attributable to owners of the parent of ¥15,293 million, marking a 15.3% decline. The decline was attributed to currency conversion impacts and increased costs, despite strong sales growth in Japan and overseas on a local currency basis. The company’s domestic segment saw mixed results, with increased sales in the Food Products and Beverages Divisions, while the Soy Sauce and Liquor and Wine Divisions experienced declines. Overseas, the company faced challenges in North America and Europe due to currency conversion impacts, although local currency sales showed growth. Looking forward, Kikkoman Corp. maintains its full-year forecast, anticipating a 5% increase in revenue, despite the challenges posed by currency fluctuations and global economic uncertainties.