Kikkoman (2801) Q1 2025 earnings summary

Executive summary

• Achieved strong sales growth in both Japan and overseas, with consolidated revenue up 12.4% year-over-year to ¥178,218 million for 1Q FY2025.

• Business profit rose 17.9% to ¥21,908 million, and operating profit surged 59.6% to ¥21,474 million compared to the same quarter last year.

• Profit attributable to owners of the parent increased 69.9% year-over-year to ¥18,046 million.

Financial highlights

• Revenue: ¥178,218 million, up 12.4% year-over-year.

• Business profit: ¥21,908 million, up 17.9% year-over-year.

• Operating profit: ¥21,474 million, up 59.6% year-over-year.

• Net income attributable to owners: ¥18,046 million, up 69.9% year-over-year.

• Basic EPS: ¥18.97, up from ¥11.10 in the prior year period.

Outlook and guidance

• Full-year revenue forecast maintained at ¥685,000 million, up 3.7% year-over-year.

• Business profit forecast at ¥74,000 million (+0.8%), operating profit at ¥70,800 million (+6.1%), and net income attributable to owners at ¥57,600 million (+2.1%).

• No changes to previously announced forecasts or business risk factors.