Kikkoman Corporation Announces Consolidated Financial Results for the Six Months Ended September 30, 2020
November 04, 2020 at 10:50 pm EST
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Kikkoman Corporation announced consolidated financial results for the six months ended September 30, 2020. For the period, the company reported Net sales of JPY 227,522 million against JPY 231,624 million a year ago. Operating profit was JPY 21,250 million against JPY 20,986 million a year ago. Profit was JPY 14,857 million against JPY 15,528 million a year ago. Basic earnings per share were JPY 76.16 against JPY 79.64 a year ago.
Kikkoman Corporation is a holding company organized around 4 areas of activity:
- wholesale distribution of food products (50.7% of net sales): activity ensured internationally;
- sale of food products in Japan (28.2%): ketchup, soya sauce, soya milk, tomato juice, wines, seasonings, etc. (brand Del Monte);
- sale of food products internationally (19.5%): tinned fruits, ketchup, soya sauce, tinned maize, dietetic products, etc. (brand Del Monte);
- other (1.6%): manufacturing of clinical diagnosis reagents, enzymes and chemical products, real estate leasing, logistic services, etc.
70.2% of sales are abroad.