Kikkoman Corporation TSE:2801
Kikkoman : Business Performance Presentation for the Six-Month Period Ended September 30, 2024
Source: MarketScreener
Business Performance Presentation
for H1 Fiscal 2025 Ended September 30, 2024
Kikkoman Corporation
November 6, 2024
1
Today's Agenda
Our Medium- to Long-Term Management Policy
Shozaburo Nakano, Representative Director, President and CEO
Performance for H1 Fiscal 2025 and Forecast for Fiscal 2025
Takao Kamiyama, Director, Executive Corporate Officer and CFO
2
Our Medium- to Long-Term
Management Policy
Shozaburo Nakano
Representative Director, President and CEO
3
Outline of Global Vision 2030
Striving with Passion to Create New Values
1
Make Kikkoman Soy Sauce a truly global seasoning
2
Goals
Create new delicious experiences around the world, and contribute to richer, healthier lifestyles
3
Become a company whose presence in global society is ever more meaningful, through activities unique to Kikkoman
Challenges toward 2030
1
Global No.1 strategy
Offering No.1 Values
2 Area No.1 strategy
3
Creating new businesses
1
Utilizing management resources
Fermenting and | |||
Human resources / Information | |||
2 | |||
brewing technologies | / Cash flow | ||
4
Medium-Term Management Plan (FY23-25)
Key Objectives
Maintain growth and increase profitability while responding to changes in the external environment
Contribute to solving social issues through
business activities
Revenue & Business Profit margin | |||
Targets | |||
Sales Growth | Business Profit |
Rate | Margin |
CAGR 5% or more* | 10% or more |
FY23-25 | FY25 |
- Revenues exclude the effect of foreign exchange fluctuation and are indexed with FY22.3 as 100.
R O E
11% or more
FY25
* Excluding the effect of foreign exchange fluctuation
5
Looking Ahead
Overseas
We aim for long-term growth by creating demand around the world through our
Soy Sauce Business and Foods-Wholesale Business.
In Japan
We strive to achieve growth and improve profitability by providing valuable products.
We will strengthen R&D, production technology, product development, and human resource development to support our global expansion.
6
Looking Ahead
Kikkoman's promise
To fill the world with the joys of food by delivering wholehearted flavor
7
Performance for H1 Fiscal 2025 and
Forecast for Fiscal 2025
Takao Kamiyama
Director, Executive Corporate Officer and CFO
8
Today's Agenda
- Performance for H1 Fiscal 2025
- Forecast for Fiscal 2025
9
(1)-1. H1 FY2025 Performance | Consolidated P/L (YoY)
H1 Actual
Unit: billion yen
H1 FY25 | H1 FY24 | Change | Change | ||
Actual | Actual | (YoY) | (%) | ||
Revenue | 355.6 | 322.7 | 32.8 | 110.2 | |
Japan | 83.2 | 79.1 | 4.1 | 105.2 | |
Overseas | 275.7 | 246.5 | 29.2 | 111.9 | |
Business Profit | 42.6 | 38.2 | 4.5 | 111.7 | |
Japan | 6.0 | 6.3 | (0.2) | 96.2 | |
Overseas | 37.4 | 32.6 | 4.8 | 114.6 | |
Kikkoman (Holding Company) | 6.2 | 4.0 | 2.2 | 154.3 | |
Eliminations | (7.0) | (4.7) | (2.3) | ||
Operating Profit | 42.0 | 33.5 | 8.5 | 125.4 | |
Profit before income taxes | 47.3 | 37.9 | 9.5 | 125.1 | |
Profit for the year Attributable to | 34.8 | 28.8 | 5.9 | 120.6 | |
Owners of Parent | |||||
152.3 | 141.3 | 11.0 | |||
USD | |||||
EUR | 165.5 | 153.5 | 12.0 |
Breakdown of change
Translation | Actual | Change |
difference | difference | (%) |
20.0 | 12.8 | 104.0 |
4.1 | 105.2 | |
20.1 | 9.2 | 103.7 |
3.4 | 1.0 | 102.7 |
(0.2) | 96.2 | |
3.2 | 1.5 | 104.7 |
2.2 | 154.3 |
- (2.5)
- 5.3 115.8
3.6 | 5.9 | 115.6 |
2.7 | 3.3 | 111.4 |
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