Kikkoman Corporation ( (KIKOF) ) has released its Q1 earnings. Here is a breakdown of the information Kikkoman Corporation presented to its investors.
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Kikkoman Corporation, a leading player in the food manufacturing industry, is renowned for its production and sale of soy sauce, food products, beverages, and wines both domestically and internationally. The company is listed on the Tokyo Stock Exchange and operates in various segments, including domestic and overseas food manufacturing and sales, as well as wholesale operations.
In its latest earnings report for the first quarter of fiscal 2026, Kikkoman Corporation reported a slight decline in revenue and profits compared to the previous year. The company’s consolidated revenue for the quarter was ¥175,660 million, a decrease of 1.4% year-on-year. Business profit and operating profit also saw declines of 10.8% and 11.1%, respectively.
Key financial highlights include a decrease in profit attributable to owners of the parent, which fell by 15.3% to ¥15,293 million. The company’s domestic food manufacturing and sales segment experienced a 2.1% increase in revenue, while the overseas food manufacturing and sales segment saw a 2.7% decline. The appreciation of the yen impacted overseas sales negatively, despite local currency growth in several regions.
Looking ahead, Kikkoman Corporation maintains its full-year forecast for fiscal 2026, with expectations of a 5% increase in revenue and a slight increase in business profit. The company continues to focus on expanding its product offerings and enhancing its market presence both domestically and internationally, despite the challenges posed by currency fluctuations and global economic uncertainties.