Kikkoman Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	745,539	708,979	660,835	618,899	516,440
Revenue Growth (YoY)	5.16%	7.29%	6.78%	19.84%	17.53%
Cost of Revenue	492,926	469,746	432,114	414,474	337,611
Gross Profit	252,613	239,233	228,721	204,425	178,829
Selling, General & Admin	173,101	145,163	140,545	131,691	113,850
Research & Development	-	5,362	5,067	5,174	4,892
Other Operating Expenses	3,572	543	3,702	887	2,382
Operating Expenses	176,673	162,500	159,020	146,535	128,937
Operating Income	75,940	76,733	69,701	57,890	49,892
Interest Expense	-4,369	-1,730	-1,490	-995	-737
Interest & Investment Income	12,082	6,490	5,110	2,699	1,168
Earnings From Equity Investments	415	432	262	254	249
Currency Exchange Gain (Loss)	-	1,302	-7,401	-6,328	-5,703
Other Non Operating Income (Expenses)	-1	181	-312	-143	-223
EBT Excluding Unusual Items	84,067	83,408	65,870	53,377	44,646
Gain (Loss) on Sale of Investments	-	-	-2,005	-	2,172
Gain (Loss) on Sale of Assets	-	-1,152	-397	-772	-490
Asset Writedown	-	1,497	12,135	8,191	7,901
Pretax Income	84,067	83,753	75,603	60,796	54,229
Income Tax Expense	21,910	21,568	18,704	16,597	14,885
Earnings From Continuing Operations	62,157	62,185	56,899	44,199	39,344
Minority Interest in Earnings	-542	-490	-458	-466	-441
Net Income	61,615	61,695	56,441	43,733	38,903
Net Income to Common	61,615	61,695	56,441	43,733	38,903
Net Income Growth	-0.13%	9.31%	29.06%	12.41%	24.85%
Shares Outstanding (Basic)	934	949	953	958	959
Shares Outstanding (Diluted)	934	949	953	958	959
Shares Change (YoY)	-1.65%	-0.44%	-0.42%	-0.11%	-0.14%
EPS (Basic)	65.99	64.99	59.19	45.67	40.59
EPS (Diluted)	65.99	64.99	59.19	45.67	40.59
EPS Growth	1.54%	9.79%	29.60%	12.53%	25.03%
Free Cash Flow	34,116	34,491	51,105	33,602	33,396
Free Cash Flow Per Share	36.54	36.33	53.60	35.09	34.84
Dividend Per Share	25.000	23.000	20.800	13.600	12.200
Dividend Growth	8.70%	10.58%	52.94%	11.47%	35.56%
Gross Margin	33.88%	33.74%	34.61%	33.03%	34.63%
Operating Margin	10.19%	10.82%	10.55%	9.35%	9.66%
Profit Margin	8.26%	8.70%	8.54%	7.07%	7.53%
Free Cash Flow Margin	4.58%	4.87%	7.73%	5.43%	6.47%
EBITDA	102,686	103,650	93,721	80,130	69,922
EBITDA Margin	13.77%	14.62%	14.18%	12.95%	13.54%
D&A For EBITDA	26,746	26,917	24,020	22,240	20,030
EBIT	75,940	76,733	69,701	57,890	49,892
EBIT Margin	10.19%	10.82%	10.55%	9.35%	9.66%
Effective Tax Rate	26.06%	25.75%	24.74%	27.30%	27.45%
Advertising Expenses	-	17,543	17,829	14,725	14,550

Source: S&P Global Market Intelligence. Standard template. Financial Sources.