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KIKKOMAN, Oct-Dec (3Q) Net Income Increases by 7%
2801 KIKKOMAN CORPORATION 【IFRS】
Earnings ReportKIKKOMAN CORPORATION <2801> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 5th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 4.4% from the same period last year to 49.0 billion yen. However, Progress toward the full-year plan of 60.0 billion yen was 81.8%, almost the same as the five-year average of 83.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to grow 5.3% from the same period last year, reaching 10.9 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 7.2% from the same period last year, reaching 17.7 billion yen. However, the operating profit margin decreased from 11.4% in the same period last year to 10.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 494,875 | 53,345 | 60,654 | 45,521 | 47.7 | 80.2 | Feb 5, 2024 | IFRS |
| Apr - Dec, 2024 | 535,515 | 62,480 | 70,059 | 51,329 | 54.0 | 83.6 | Feb 5, 2025 | IFRS |
| Apr - Dec, 2025 | 552,809 | 60,762 | 67,350 | 49,088 | 52.5 | 82.3 | Feb 5, 2026 | IFRS |
| YoY | +3.2% | -2.7% | -3.9% | -4.4% | -2.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 353,410 | 31,701 | 36,410 | 26,940 | 28.4 | 15 | Apr 28, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 372,390 | 35,367 | 38,761 | 28,685 | 31.0 | 15 | Nov 7, 2025 | IFRS |
| YoY | +5.4% | +11.6% | +6.5% | +6.5% | +9.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 660,835 | 66,733 | 75,605 | 56,441 | 59.2 | 20.80 | Apr 26, 2024 | IFRS |
| Mar, 2025 | 708,979 | 73,698 | 83,754 | 61,695 | 65.0 | 25 | Apr 28, 2025 | IFRS |
| Mar, 2026 Guidance | 731,000 | 75,000 | 81,800 | 60,000 | 64.8 | 25 | Nov 7, 2025 | IFRS |
| YoY | +3.1% | +1.8% | -2.3% | -2.7% | -0.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 179,946 | 20,483 | 22,715 | 16,574 | 17.4 | 11.4 | Feb 5, 2025 | IFRS |
| Jan - Mar, 2025 | 173,464 | 11,218 | 13,695 | 10,366 | 10.9 | 6.5 | Apr 28, 2025 | IFRS |
| Apr - Jun, 2025 | 175,660 | 19,091 | 21,084 | 15,293 | 16.2 | 10.9 | Aug 5, 2025 | IFRS |
| Jul - Sep, 2025 | 182,950 | 20,542 | 21,955 | 16,022 | 17.1 | 11.2 | Nov 7, 2025 | IFRS |
| Oct - Dec, 2025 | 194,199 | 21,129 | 24,311 | 17,773 | 19.0 | 10.9 | Feb 5, 2026 | IFRS |
| YoY | +7.9% | +3.2% | +7.0% | +7.2% | +9.0% |
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