Kewpie Corporation
Supplementary Explanation Material for the Q1 Financial Results for the Fiscal Year Ending November 2026
Net sales for the first quarter of the fiscal year ending November 2026 were JPY 124.7 billion (an increase of JPY 4.7 billion, +4% YoY), and operating profit was JPY 7.8 billion (an increase of JPY 2.0 billion, +34% YoY). The full-year plan anticipates net sales of JPY 530.0 billion and operating profit of JPY 38.0 billion, expecting increased revenue and profit compared to the previous year.
Key Figures
- Net Sales (Q1 2026): JPY 124.7 billion (YoY +JPY 4.7 billion)
- Operating Profit (Q1 2026): JPY 7.8 billion (YoY +JPY 2.0 billion)
- Full-Year Operating Profit Plan for 2026: JPY 38.0 billion (YoY +JPY 3.4 billion, +10%)
AI要約
Overview of Financial Results
In the first quarter of the fiscal year ending November 2026, Kewpie Corporation recorded net sales of JPY 124.7 billion, an increase of JPY 4.7 billion year-on-year, and operating profit of JPY 7.8 billion, an increase of JPY 2.0 billion year-on-year. Sales increased across retail, commercial, and overseas segments, with retail sales rising by JPY 0.7 billion, commercial sales by JPY 3.7 billion, and overseas sales by JPY 0.3 billion. Operating profit was also strong, increasing by JPY 1.7 billion in retail and JPY 1.3 billion in commercial. The operating profit margin improved from 3.4% in the previous year’s corresponding period to 6.3%.
Future Outlook and Full-Year Plan
The full-year plan for fiscal 2026 forecasts net sales of JPY 530.0 billion (a 3% increase year-on-year) and operating profit of JPY 38.0 billion (a 10% increase year-on-year). Meanwhile, net income attributable to owners of the parent is expected to decline by 16% to JPY 25.5 billion. The plan assumes exchange rates of JPY 150 to the US dollar and JPY 21 to the Chinese yuan and incorporates increases in raw material prices. The company aims to improve ROA and ROIC and anticipates improving the domestic business profit margin from 6.6% to 7.3%.
