ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Consumer Non-Durables

Kikkoman Corp.

Business Summary

Kikkoman Corp. is a holding company which engages in the food manufacturing business. It operates through the following segments: Domestic Foods-Manufacturing and Sales, Domestic Others, Overseas Foods-Manufacturing and Sales, and Overseas Foods-Wholesale. The Domestic Foods-Manufacturing and Sales segment manufactures and sells soy sauce, beverages, and alcoholic beverages. The Domestic Others segment involves in the production and sale of clinical diagnostic reagents, hygiene inspection agents, processing enzymes and chemical products such as hyaluronic acid. It also operates in real estate property leasing, logistics, and back-office support for Kikkoman Group, and other businesses. The Overseas Foods-Manufacturing and Sales segment sells soy sauce, Del Monte products, and overseas health foods. The Overseas Food-Wholesale segment purchases and sells oriental food products in Japan and overseas. The company was founded on December 7, 1917 and is headquartered in Noda, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue516,440M4,595.77M
Gross Profit178,829M1,591.39M
Operating income52,274M465.18M
Income before tax53,982M480.38M
Net income38,904M346.20M
EBITDA72,304M643.43M
Diluted EPS202.931.80
Dividends Per Share610.54
Total Assets503,061M4,144.68M
Total liabilities139,150M1,146.44M
Total equity357,816M2,948.02M
Operating cash flow52,093M463.57M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 430,602M 453,565M 439,627M 439,411M 516,440M
Gross Profit 170,176M 175,760M 145,267M 146,688M 178,829M
Operating income 36,211M 37,556M 38,042M 42,650M 52,274M
Income before tax 35,999M 37,595M 37,605M 42,988M 53,982M
Net income 23,846M 25,992M 26,827M 31,159M 38,904M
EBITDA 49,371M 51,494M 56,301M 61,885M 72,304M
Diluted EPS 123.70 135.38 139.74 162.30 202.93
Dividends Per Share 39 41 42 45 61
Total Assets 343,929M 362,119M 398,698M 438,508M 503,061M
Total liabilities 90,636M 91,665M 121,152M 124,991M 139,150M
Total equity 248,073M 265,429M 272,258M 308,130M 357,816M
Operating cash flow 37,645M 37,023M 41,958M 57,167M 52,093M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 3,885.16M 4,090.05M 4,043.44M 4,143.14M 4,595.77M
Gross Profit 1,535.43M 1,584.92M 1,336.08M 1,383.09M 1,591.39M
Operating income 326.71M 338.66M 349.88M 402.14M 465.18M
Income before tax 324.80M 339.01M 345.87M 405.32M 480.38M
Net income 215.15M 234.38M 246.74M 293.79M 346.20M
EBITDA 445.45M 464.35M 517.82M 583.50M 643.43M
Diluted EPS 1.11 1.22 1.28 1.53 1.80
Dividends Per Share 0.35 0.36 0.38 0.42 0.54
Total Assets 3,233.93M 3,271.61M 3,693.18M 3,968.39M 4,144.68M
Total liabilities 852.24M 828.16M 1,122.24M 1,131.14M 1,146.44M
Total equity 2,332.60M 2,398.05M 2,521.95M 2,788.50M 2,948.02M
Operating cash flow 339.65M 333.85M 385.90M 539.01M 463.57M

Valuation Measures

Mar 2022
PER40.06
ROA8.26%
ROE11.68%
Operating margin10.12%
Profit margin7.53%

Key executives

  • Chairman & Chief Executive Officer: Noriaki Horikiri
  • President, COO & Representative Director: Shozaburo Nakano
  • Director, Managing Executive Officer & GM-R&D: Asahi Matsuyama
  • Director & Senior Managing Executive Officer: Masanao Shimada
  • Representative Director & Chief Strategy Officer: Koichi Yamazaki

Shareholders

  • Nomura Asset Management Co., Ltd. (7.8%)
  • Nikko Asset Management Co., Ltd. (3.8%)
  • Daiwa Asset Management Co. Ltd. (3.5%)
  • Senshusha Co. (3.4%)
  • Mogisa Ltd. (3.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • Meiji Yasuda Life Insurance Co. (2.5%)
  • Hikidaka KK (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • MOGI FAMILY (2.1%)

Contact Details

Related Companies

  • JFC Italia Srl
  • JFC New Zealand Ltd.
  • Kikkoman Industria e Comercio de Alimentos Ltda.
  • Kikkoman Shanghai Trading Co. Ltd.
  • Siam del Monte Co. Ltd.
  • Del Monte Foods (Xiamen) Co. Ltd.
  • Kikkoman Marketing & Planning Europe GmbH
  • Kikkoman Daily KK
  • Kikkoman Business Service Co.
  • Kikkoman Biochemifa Co.
  • JFC Australia Co Pty Ltd.
  • Kofukai Foundation
  • Kikkoman Corp. Pension Fund
  • Kikkoman Marketing & Planning, Inc.
  • JFC Hong Kong Ltd.
  • JFC de Mexico SA de CV
  • Kikkoman Ajinomingei Co., Ltd.
  • Kikkoman Trading Asia Pte Ltd.
  • Kikkoman Restaurant, Inc.
  • Kikkoman Marketing Center Co., Ltd.
  • President Kikkoman, Inc.
  • Kikkoman Food Products Co.
  • Kikkoman Beverage Co.
  • JFC Singapore Pte Ltd.
  • Kikkoman (S) Pte Ltd.
  • JFC International (Europe) GmbH
  • Heisei Foods Co.
  • Mann's Wine Co. Ltd.
  • Sobu Butsuryu Co. Ltd.
  • Hokkaido Kikkoman Corp.

Competitors

    Last Updated on 18 May, 2022

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more