Kao Corporation
2026-08-05 Kao Corporation Consolidated Financial Results Overview
An overview of the first-half of 2026 consolidated results is presented, with net sales of 871.9 billion yen (YoY +3.4%), operating income of 95.8 billion yen (YoY +38.5%), and trends in EBITDA and other profit indicators, along with contributions by segments. Updates and revisions to Q2, H1, and full-year outlook, as well as ROIC improvement strategies, are also described.
Key Figures
- Net sales: 8,719 (billion yen) YoY +3.4%
- Operating income: 958 (billion yen) YoY +38.5%
- EBITDA: 1,406 (billion yen) YoY +25.6%
AI要約
Performance highlights
Kao's first-half 2026 consolidated results show year-over-year growth in net sales, underpinned by solid performances from global brands and margin expansion. By segment, the GC business and cosmetics business contributed through structural reforms and pricing strategies, resulting in a substantial rise in H1 operating income. The company also outlines plans to improve ROIC and provides an outlook for the full year.
Outlook and strategy
The full-year 2026 plan has been revised, with continued efforts toward achieving K2 and strengthening profitability. Considering raw material price increases and exchange-rate effects, the company will intensify price realization and cost management across segments. It will push for margin improvements by product and focus on value creation, with a policy to enhance GC segment profitability as a long-term growth engine.
Kao Corporation
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