Kikkoman Corporation TSE:2801

Kikkoman : Business Performance Presentation for the Year Ended March 31, 2022

Published

Source: MarketScreener

Consolidated Financial Results for FY2022 the Year Ended March 31, 2022

IFRS

Index

page

  • I. Major consolidated performance indicators

    1

  • II. Business performance

1.

Exchange rates

2

2.

Consolidated segment information

3

3.

Consolidated segment information in Japan

4

4.

Consolidated segment information overseas

5

5.

Other income (expenses) and finance income (costs)

6

6.

Consolidated statement of financial position

7

7.

Consolidated statements of cash flows

8

8.

Capital expenditures, depreciation and amortization

9

- As stated in Kikkoman Corporation Flash Report 2022 "3. Forecasts of Business Performance for the Fiscal Year

Ending March 31, 2023 (April 1, 2022 to March 31, 2023)", with the range of uncertainties, it is difficult for the Group to quontify its business results forecasts. Therefore, the forcasts for FY 2023 will be announced as soon as they become reasonably foreseeable.

I. Major consolidated performance indicators

Business profit

(Business profit ratio)

Profit before income taxes (Profit before income tax ratio)

Diluted earnings per share Cash dividends per share

Dividend payout ratio (consolidated) Total equity

Equity attributable to owners of the parent Equity attributable to owners of the parent per share

Total assets

Equity attributable to owners of the parent to total assets

D/E ratio

Ratio of dividend to equity attributable to owners of the parent (consolidated)

Ratio of profit before income taxes to total assets Share price at end of period

PER

Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities

Cash and cash equivalents at end of period Free cash flows

Free cash flows per share

Interest-bearing debt Capital expenditures Depreciation and amortization R&D costs

Net financial income (loss) Average term exchange rate Number of employees

Consolidated Results

Revenue

millions of yen

%

millions of yen

%

%

millions of yen

%

%

millions of yen

%

%

millions of yen

%

%

millions of yen

16,018

yen

139.74

yen

yen

42.00

45.00

61.00

%

30.1

27.7

30.1

millions of yen

277,543

313,514

363,907

millions of yen

272,258

308,130

357,816

yen

1,418.20

1,605.08

1,863.13

millions of yen

398,698

438,508

503,061

%

68.3

70.3

71.1

%

16.9

14.6

13.1

%

3.0

3.0

3.5

%

10.0

10.7

11.7

%

9.6

10.3

11.5

yen

4,605

6,590

8,130

times

33.0

40.6

40.1

millions of yen

41,958

57,167

52,093

millions of yen

(28,777)

(16,886)

(16,105)

millions of yen

(11,400)

(15,420)

(17,900)

millions of yen

28,103

55,678

79,229

millions of yen

16,050

40,393

32,730

yen

83.60

210.41

170.74

millions of yen

45,925

44,943

46,704

millions of yen

29,103

20,946

24,617

millions of yen

18,287

19,371

20,041

millions of yen

4,406

4,758

4,892

millions of yen

511

196

430

yen/US$

109.10

106.17

112.86

people

7,376

7,645

7,686

people

775

646

633

thousand

191,974

191,971

191,537

2020.3

Actual

439,627

38,041

8.7

-

26,827

6.1

-

2021.3

2022.3

Actual

Actual

439,411

516,440

(0.0)

17.5

42,650

52,273

9.7

10.1

12.1

22.6

41,672

50,682

9.5

9.8

19.4

21.6

37,814

43,194

54,231

8.6

9.8

10.5

-

14.2

25.6

31,159

38,903

7.1

7.5

16.1

24.9

43,919

61,686

162.31

202.94

-

34,903

7.9

-

YoY Change

YoY Change

Operating profit

(Operating profit ratio)

YoY change

YoY change

Profit for the period/year attributable to owners of the parent

(Ratio of profit for the period/year attributable to owners of the parent to revenue)

YoY change

Comprehensive income for the period/year attributable to owners of the parent

Basic earnings per share

-

-

-

ROE attributable to owners of the parent

Average number of temporary workers

Shares issued and outstanding at end of period

(Notes) 1. Revenue does not include consumption and other taxes.

2. Free cash flows = Cash flows from operating activities

10. - Cash used for the acquisition of property, plant and equipment and intangible assets

10. + Cash provided from the sale of property, plant and equipment and intangible assets

  • 3. Interest-bearing debt refers to all liabilities on the consolidated statement of financial position on which interest is p

  • 4. Net financial income = Interest and dividend income - Interest expense

  • 5. Equity attributable to owners of the parent = Total equity - Share acquisition rights - Non-controlling interest

  • 6. D/E ratio = Interest-bearing debt/Equity attributable to owners of the parent

  • 7. Shares issued and outstanding at end of period is computed, excluding treasury stock.

  • 8. Business profit = Revenue - Cost of sales - Selling, general and administrative expenses

II. Business performance

1. Exchange rates

[Exchange Rates]

2. Consolidated segment information

Revenue

Millions of yen

2022.3 Actual

2021.3 Actual

Change increase (decrease)

%

Change excluding translation difference

%

JapanSoy Sauce Food Products

Portion accounted for by soy sauce derivative products Beverages

Portion accounted for by soy milk beverages

Liquor and Wine Eliminations

Foods-Manufacturing and Sales Others

Eliminations

Total

42,762

42,539

222

100.5

222

100.5

53,642 33,751

53,340 33,326

301 424

100.6 101.3

301 424

100.6 101.3

43,582 32,219

43,675 32,200

(93) 18

99.8 100.1

(93) 18

99.8 100.1

9,002

8,736

266

103.0

266

103.0

(174)

(170)

(3)

-

(3)

-

148,815

148,122

693

100.5

693

100.5

21,643

21,186

457

102.2

457

102.2

(12,252)

(12,198)

(53)

-

(53)

-

158,207

157,110

1,097

100.7

1,097

100.7

OverseasSoy Sauce Del Monte Other Foods

Foods-Manufacturing and Sales Foods-Wholesale

Eliminations

Total

96,414 6,703 12,675

82,809 5,761 12,261

13,604 941 414

116.4 116.3 103.4

7,753 529 (344)

109.4 109.2 97.2

115,793

100,832

14,960

114.8

7,938

107.9

262,068

198,332

63,736

132.1

47,081

123.7

(15,195)

(12,604)

(2,590)

-

(1,788)

-

362,666

286,560

76,105

126.6

53,231

118.6

Kikkoman (Holding Company)

22,316

20,565

1,750

108.5

1,750

108.5

Eliminations

(26,748)

(24,823)

(1,925)

-

(1,925)

-

Consolidated Total

516,440

439,411

77,028

117.5

54,154

112.3

Business profit

2022.3 Actual

2021.3 Actual

Change increase (decrease)

%

Change excluding translation difference

%

JapanFoods-Manufacturing and Sales Others

Total

11,622 1,870

11,631 1,915

(9) (44)

99.9 97.7

(9) (44)

99.9 97.7

13,525

13,574

(48)

99.6

(48)

99.6

Overseas Foods-Manufacturing and Sales

Foods-Wholesale

Total

22,711 17,686

20,416 10,556

2,294 7,130

111.2 167.5

1,031 6,066

105.1 157.5

40,351

30,979

9,371

130.3

7,054

122.8

Kikkoman (Holding Company)

9,246

7,737

1,509

119.5

1,509

119.5

Eliminations

(10,849)

(9,639)

(1,209)

-

(1,405)

-

Consolidated Total

52,273

42,650

9,622

122.6

7,109

116.7

Operating profit

50,682

41,672

9,010

121.6

6,754

116.2

Profit before income taxes

54,231

43,194

11,036

125.6

8,789

120.3

Profit for the year attributable to owners of the parent

38,903

31,159

7,744

124.9

6,071

119.5