Kewpie Corporation
Fiscal Year Ending November 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)
For the third quarter of the fiscal year ending November 2026, consolidated results were: net sales 397,119 million yen (Year-over-Year +3.6%), operating income 31,658 million yen (Year-over-Year +17.0%), ordinary income 34,315 million yen (Year-over-Year +17.4%), and quarterly net income attributable to owners of parent 21,311 million yen (Year-over-Year -18.2%). Full-year forecast remains unchanged. Overseas revenue growth contributed significantly, while higher domestic raw material costs and increased depreciation from a new plant weighed on profits.
Key Figures
- Net Sales: 397,119 million yen (Year-over-Year +3.6%)
- Operating Income: 31,658 million yen (Year-over-Year +17.0%)
- Ordinary Income: 34,315 million yen (Year-over-Year +17.4%)
AI要約
Overview of Results
Consolidated results for the third quarter showed net sales grew steadily, achieving a 3.6% increase. Expansion of sales of higher-value-added products and price revisions in domestic and international markets contributed, with particularly strong sales overseas. However, rising domestic raw material costs and increased capital investment and depreciation associated with the new plant pressured profits. Operating income and ordinary income exceeded the prior-year period, but quarterly net income attributable to owners of parent declined due to the absence of prior-year gains on sale of fixed assets.
Outlook and Dividends
The company disclosed there is no change to the full-year earnings forecast. The consolidated forecast is based on acquired information and reasonable assumptions, but actual results may vary due to various factors. There is no announcement at this time regarding share buybacks or changes to dividend forecasts.
Kewpie Corporation
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