Kikkoman Corporation

TSE:2801 Stock Report

Market Cap: JP¥1.3t

Kikkoman Past Earnings Performance

Past criteria checks 2/6

Kikkoman has been growing earnings at an average annual rate of 13.1%, while the Food industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 10.1% per year. Kikkoman's return on equity is 10.9%, and it has net margins of 8.3%.

Key information

13.06%

Earnings growth rate

13.51%

EPS growth rate

Food Industry Growth4.08%
Revenue growth rate10.06%
Return on equity10.93%
Net Margin8.26%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Apr 28

Earnings Update: Kikkoman Corporation (TSE:2801) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

The full-year results for Kikkoman Corporation ( TSE:2801 ) were released last week, making it a good time to revisit...
Analysis Article Feb 08

Kikkoman Corporation Just Beat EPS By 6.8%: Here's What Analysts Think Will Happen Next

Kikkoman Corporation ( TSE:2801 ) just released its latest third-quarter results and things are looking bullish...
Analysis Article Feb 06

Kikkoman (TSE:2801) Will Pay A Dividend Of ¥15.00

The board of Kikkoman Corporation ( TSE:2801 ) has announced that it will pay a dividend on the 25th of June, with...
Analysis Article Jan 07

Slowing Rates Of Return At Kikkoman (TSE:2801) Leave Little Room For Excitement

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Dec 21

A Look At The Intrinsic Value Of Kikkoman Corporation (TSE:2801)

Key Insights Kikkoman's estimated fair value is JP¥1,472 based on 2 Stage Free Cash Flow to Equity Kikkoman's JP¥1,458...
Analysis Article Dec 05

Kikkoman (TSE:2801) Has Affirmed Its Dividend Of ¥15.00

Kikkoman Corporation ( TSE:2801 ) has announced that it will pay a dividend of ¥15.00 per share on the 25th of June...
Analysis Article Sep 26

Kikkoman (TSE:2801) Has Affirmed Its Dividend Of ¥10.00

Kikkoman Corporation's ( TSE:2801 ) investors are due to receive a payment of ¥10.00 per share on 5th of December...
Analysis Article Sep 12

Kikkoman (TSE:2801) Will Pay A Dividend Of ¥10.00

The board of Kikkoman Corporation ( TSE:2801 ) has announced that it will pay a dividend on the 5th of December, with...
Analysis Article Aug 27

Kikkoman (TSE:2801) Will Pay A Dividend Of ¥10.00

Kikkoman Corporation's ( TSE:2801 ) investors are due to receive a payment of ¥10.00 per share on 5th of December. This...
Analysis Article Aug 13

Kikkoman (TSE:2801) Will Pay A Dividend Of ¥10.00

Kikkoman Corporation's ( TSE:2801 ) investors are due to receive a payment of ¥10.00 per share on 5th of December. This...
Analysis Article Aug 08

Earnings Miss: Kikkoman Corporation Missed EPS By 7.2% And Analysts Are Revising Their Forecasts

As you might know, Kikkoman Corporation ( TSE:2801 ) recently reported its quarterly numbers. Revenues of JP¥176b were...
Analysis Article Jul 24

Kikkoman (TSE:2801) Is Paying Out A Dividend Of ¥10.00

Kikkoman Corporation ( TSE:2801 ) will pay a dividend of ¥10.00 on the 5th of December. This means the dividend yield...
Analysis Article Jul 10

Kikkoman's (TSE:2801) Dividend Will Be ¥10.00

Kikkoman Corporation ( TSE:2801 ) will pay a dividend of ¥10.00 on the 5th of December. Based on this payment, the...
Analysis Article Jun 19

We Think Kikkoman (TSE:2801) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Revenue & Expenses Breakdown

How Kikkoman makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:2801 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26745,53961,615173,1010
31 Dec 25726,27359,454150,3365,362
30 Sep 25712,02058,255147,0085,362
30 Jun 25706,42158,942162,6470
31 Mar 25708,97961,695145,1635,362
31 Dec 24701,47562,249162,2940
30 Sep 24693,67162,387145,7765,067
30 Jun 24680,54763,868158,2250
31 Mar 24660,83556,441140,5455,067
31 Dec 23647,41152,879137,3055,174
30 Sep 23636,25449,250134,6315,174
30 Jun 23629,65742,225133,8855,174
31 Mar 23618,89943,733131,6915,174
31 Dec 22597,94341,924129,0584,892
30 Sep 22573,13740,828124,6584,892
30 Jun 22540,44939,431118,2324,892
31 Mar 22516,44038,903113,8504,892
31 Dec 21476,00840,91087,8044,758
30 Sep 21460,57037,90691,2764,758
30 Jun 21455,06035,80495,8864,758
31 Mar 21439,41131,15999,2804,758
31 Dec 20461,38326,791140,5000
30 Sep 20464,51425,926141,1500
30 Jun 20461,06425,574141,2930
31 Mar 20468,61626,595142,8110
31 Dec 19465,67127,059141,0010
30 Sep 19459,09026,948140,2560
30 Jun 19457,43326,865139,3900
31 Mar 19453,56525,992138,2040
31 Dec 18447,74225,742136,9850
30 Sep 18442,22826,137135,5460
30 Jun 18435,54224,846134,7780
31 Mar 18430,60223,846133,6730
31 Dec 17426,64721,864133,1710
30 Sep 17419,86419,839131,3730
30 Jun 17410,14518,839128,6220
31 Mar 17402,17423,810126,9880
31 Dec 16399,50625,280125,3810
30 Sep 16402,38125,492125,6800
30 Jun 16406,20825,424126,9300
31 Mar 16408,37219,964127,5580
31 Dec 15403,88719,060126,8120
30 Sep 15395,31418,082125,6180
30 Jun 15384,57417,197123,6080

Quality Earnings: 2801 has high quality earnings.

Growing Profit Margin: 2801's current net profit margins (8.3%) are lower than last year (8.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2801's earnings have grown by 13.1% per year over the past 5 years.

Accelerating Growth: 2801's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2801 had negative earnings growth (-0.1%) over the past year, making it difficult to compare to the Food industry average (7.2%).


Return on Equity

High ROE: 2801's Return on Equity (10.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 14:57
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kikkoman Corporation is covered by 22 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takayuki HayanoBarclays
Euan Grant McleishBernstein
Manabu SumogeBofA Global Research