Kikkoman (2801) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 rose 15.0% year-over-year to ¥202,032 million, with business profit up 29.3% and profit attributable to owners of the parent up 24.3%.

• All major business segments, both domestic and overseas, reported higher sales and profits, driven by strong demand and favorable foreign exchange rates.

Financial highlights

• Business profit reached ¥25,256 million, up 29.3% year-over-year; operating profit was ¥24,627 million, up 29.0%.

• Profit before income taxes increased 24.1% to ¥26,166 million; net profit attributable to owners was ¥19,017 million, up 24.3%.

• Basic earnings per share rose to ¥20.53 from ¥16.24 a year earlier.

• Gross margin improved as gross profit increased from ¥60,181 million to ¥71,684 million.

Outlook and guidance

• Full-year revenue forecast remains at ¥799,100 million, up 7.2% year-over-year.

• Business profit is projected at ¥82,300 million (+3.5%), with profit attributable to owners expected at ¥61,300 million (-0.5%).

• No changes to previously announced forecasts; management notes ongoing global uncertainties.