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Kewpie (2809) investor relations material
Kewpie Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales rose 3.9% year-over-year to ¥124,704 million for the first quarter, driven by domestic price revisions and strong egg product sales, with overseas growth in Asia-Pacific offsetting a temporary decline in the Americas.
Operating income increased 35.0% year-over-year to ¥7,810 million, reflecting higher domestic sales, a shift to high value-added products, and improved supply chain efficiency.
Profit attributable to owners of parent fell 57.8% year-over-year to ¥5,392 million due to the absence of extraordinary gains from asset sales recorded in the prior year.
Financial highlights
Gross profit improved to ¥36,879 million from ¥34,084 million year-over-year.
Ordinary income rose 33.1% year-over-year to ¥8,680 million.
Comprehensive income decreased 20.2% year-over-year to ¥12,716 million.
Earnings per share for the quarter were ¥38.96, down from ¥91.92 in the prior year.
Outlook and guidance
Full-year forecast remains unchanged: net sales of ¥530,000 million (+3.2%), operating income of ¥38,000 million (+9.7%), ordinary income of ¥40,000 million (+7.0%), and profit attributable to owners of parent of ¥25,500 million (+16.4%).
Annual dividend forecast is ¥65.00 per share, up from ¥64.00, with no revision to the previously announced guidance.
- Record-high profit, strong overseas growth, and asset gains drive outlook for further expansion.2809
Q4 202514 Jan 2026 - Net sales and profit attributable to owners of parent increased, with strong segment growth.2809
Q3 20252 Oct 2025 - Net sales and net income rose, with AOHATA to become a wholly owned subsidiary via share exchange.2809
Q2 20253 Jul 2025 - Operating income more than doubled and net income soared 78.3% year-over-year.2809
Q3 202413 Jun 2025 - Operating income and profit more than doubled year-over-year, driving a strong outlook.2809
Q2 202413 Jun 2025 - Net profit more than doubled in Q1 FY2025, driven by extraordinary gains.2809
Q1 20256 Jun 2025 - FY2024 profit surged 62.6% with robust outlook and higher dividends planned.2809
Q4 20245 Jun 2025
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