Kikkoman Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019; Provides Dividend Guidance for the Year Ending March 31, 2019
February 03, 2019 at 09:30 pm EST
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Kikkoman Corporation reported consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of ¥343,390 million against ¥326,250 million a year ago. Operating profit was ¥30,859 million against ¥29,789 million a year ago. Profit attributable to owners of parent was ¥22,340 million or ¥116.37 per share against ¥20,444 million or ¥105.93 per share a year ago.
For the year ending March 31, 2019, the company expects net sales of ¥450,800 million, operating profit of ¥37,600 million, profit attributable to owners of parent of ¥25,500 million and earnings per share of ¥132.83.
For the year ending March 31, 2019, the company expects to pay dividend of ¥20.00 per share.
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.
Kikkoman Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019; Provides Dividend Guidance for the Year Ending March 31, 2019
KIKKOMAN CORPORATION 
