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Consumer Non-Durables

Kagome Co., Ltd.

Business Summary

Kagome Co., Ltd. engages in the manufacture and sale of condiments, food, and beverages. It operates through the Domestic Business and International Business segments. The Domestic Business segment includes the management of processed food such as condiments and beverages; the sale of fresh tomatoes and baby leaf lettuce; and the provision of real estate and outsourcing businesses. The International segment handles tomato seed development, agricultural production, and product development, processing, and sales. The company was founded by Ichitaro Kanie in 1899 and is headquartered in Nagoya, Japan.

Financial Highlights

Dec 2022 JPYUSD
Gross Profit69,216M526.24M
Operating income11,905M90.51M
Income before tax11,653M88.59M
Net income9,116M69.30M
Diluted EPS104.910.79
Dividends Per Share380.28
Total Assets225,372M1,708.07M
Total liabilities103,575M784.98M
Total equity119,071M902.42M
Operating cash flow4,635M35.23M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 184,595M 180,849M 183,041M 189,652M 205,618M
Gross Profit 64,910M 63,694M 65,873M 67,621M 69,216M
Operating income 12,398M 12,196M 14,513M 13,722M 11,905M
Income before tax 12,213M 13,888M 10,624M 13,464M 11,653M
Net income 8,997M 10,199M 7,425M 9,763M 9,116M
EBITDA 18,167M 18,591M 21,408M 21,217M 20,187M
Diluted EPS 101.39 114.72 83.58 109.17 104.91
Dividends Per Share 40 35 36 37 38
Total Assets 199,826M 201,179M 224,913M 215,208M 225,372M
Total liabilities 96,458M 89,790M 112,257M 95,663M 103,575M
Total equity 100,261M 108,344M 110,976M 117,565M 119,071M
Operating cash flow 10,722M 12,224M 20,442M 14,796M 4,635M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 1,671.40M 1,659.00M 1,714.37M 1,726.09M 1,563.30M
Gross Profit 587.72M 584.29M 616.97M 615.44M 526.24M
Operating income 112.25M 111.87M 135.92M 124.88M 90.51M
Income before tax 110.58M 127.40M 99.50M 122.54M 88.59M
Net income 81.46M 93.55M 69.54M 88.85M 69.30M
EBITDA 164.49M 170.54M 200.50M 193.10M 153.48M
Diluted EPS 0.91 1.05 0.78 0.99 0.79
Dividends Per Share 0.36 0.32 0.33 0.33 0.28
Total Assets 1,821.31M 1,851.19M 2,178.43M 1,868.85M 1,708.07M
Total liabilities 879.16M 826.22M 1,087.28M 830.73M 784.98M
Total equity 913.83M 996.95M 1,074.88M 1,020.92M 902.42M
Operating cash flow 97.08M 112.13M 191.46M 134.66M 35.23M

Valuation Measures

Dec 2022
Operating margin5.78%
Profit margin4.43%

Key executives

  • President & Representative Director: Satoshi Yamaguchi
  • Executive Officer, Manager-Finance & Accounting: Ken Saeki
  • Executive Officer: Keigo Fujii
  • Executive Officer & General Manager-Marketing: Masanori Miyaji
  • Executive Officer & General Manager-SCM: Hitoshi Takano


  • Kagome Co., Ltd. (8.6%)
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  • Nikko Asset Management Co., Ltd. (1.4%)
  • BlackRock Fund Advisors (1.1%)
  • KANIE EIKICHI (1.0%)
  • Kagome Business Association (1.0%)

Contact Details

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    Last Updated on 2 Jun, 2023

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