Kikkoman Corporation Provides Financial Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022
April 26, 2021 at 11:00 pm EDT
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Kikkoman Corporation provided financial guidance for the six months ending September 30, 2021 and fiscal year ending March 31, 2022. For the year, the company expected net sales of JPY 492,500 million, operating profit of JPY 43,900 million, profit attributable to owners of parent of JPY 28,830 million and Basic EPS of JPY 150.18.
For the six months, the company expected net sales of JPY 243,900 million, operating profit of JPY 21,800 million, profit attributable to owners of parent of JPY 15,000 million and Basic EPS of JPY 78.14.
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.