Kikkoman : Flash Report 2022 (IFRS)

About this update from Kikkoman Corporation

Kikkoman Corporation Flash Report for Fiscal 2022 Consolidated Financial Results April 27, 2022 Kikkoman Corporation Flash Report 2022 (IFRS) (Consolidated) Year ended March 31, 2022 Listed company name: Kikkoman Corporation Shares listed: Tokyo (Prime) Code No.: 2801 URL: https://www.kikkoman.com Representative: Shozaburo Nakano, President and Chief Operating Officer Contact: Kazuki Usui, General Manager, Corporate Communication Department E-mail: [email protected] Scheduled Date of Ordinary General Meeting of Shareholders: June 21, 2022 Scheduled Date of Dividend Payment Commencement: June 22, 2022 Scheduled Date for Release of Annual Securities Report: June 21, 2022 Supplementary Schedules Preparation: Yes Business Performance Presentation to Be Held: No (Amounts less than ¥1 million have been omitted in the following tables) 1. Business Performance for the Year Ended March 31, 2022 (April 1, 2021 to March 31, 2022) 1) Business Performance (Millions of yen) Revenue Business profit Operating profit Profit before income taxes Amount Y o Y (%) Amount Y o Y (%) Amount Y o Y (%) Amount Y o Y (%) Apr. 1, 2021 - Mar. 31, 2022 516,440 17.5 52,273 22.6 50,682 21.6 54,231 25.6 Apr. 1, 2020 - Mar. 31, 2021 439,411 (0.0) 42,650 12.1 41,672 19.4 43,194 14.2 Profit for the year attributable to owners of the parent Total comprehensive income for the period Amount Y o Y (%) Amount Y o Y (%) Apr. 1, 2021 - Mar. 31, 2022 38,903 24.9 62,670 41.3 Apr. 1, 2020 - Mar. 31, 2021 31,159 16.1 44,346 169.3 Basic earnings per share (yen) Diluted earnings per share (yen) ROE attributable to owners of the parent Profit before income taxes to total assets Business profit to Revenue Apr. 1, 2021 - Mar. 31, 2022 202.94 － 11.7% 11.5% 10.1% Apr. 1, 2020 - Mar. 31, 2021 162.31 － 10.7% 10.3% 9.7% (Reference) Share of profit of associates accounted for using the equity method April 1, 2021 to March 31, 2022: ¥ 249 million April 1, 2020 to March 31, 2021: ¥ 206 million (Note) Business profit is profit after deducting the cost of sales and selling, general and administrative expenses from revenue. 2) Financial Position (Millions of yen) Total assets Total equity Total equity attributable to owners of the parent Equity attributable to owners of the parent to total assets Equity attributable to owners of the parent per share (yen) Mar. 31, 2022 503,061 363,907 357,816 71.1% 1,868.13 Mar. 31, 2021 438,508 313,514 308,130 70.3% 1,605.08 3) Cash Flows (Millions of yen) Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash and cash equivalents at end of the year Apr. 1, 2021 - Mar. 31, 2022 52,093 (16,105) (17,900) 79,229 Apr. 1, 2020 - Mar. 31, 2021 57,167 (16,886) (15,420) 55,678 2. Cash Dividends Cash dividends per share (yen) Total cash dividends (full year) (millions of yen) Dividend payout ratio (consolidated) Dividend to equity attributable to owners of the parent (consolidated) Three-month period ended Six-month period ended Nine-month period ended Full year ended Total Apr. 1, 2020 -Mar. 31, 2021 － 21.00 － 24.00 45.00 8,641 27.7% 3.0% Apr. 1, 2021 -Mar. 31, 2022 － 22.00 － 39.00 61.00 11,689 30.1% 3.5% Apr. 1, 2022 -Mar. 31, 2023 (Estimated) － － － － － － Note: Cash dividends for the fiscal year ending March 31, 2023 (Estimated) remain undetermined. The expected amount of cash dividends will be announced as soon as it becomes available for disclosure. 3. Forecasts of Business Performance for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023) Prices of crude oil and raw materials are globally soaring in relation to the situation in Russia and Ukraine. Meanwhile, foreign exchange rate volatility is currently excessive. Accordingly, with the range of uncertainties, it is difficult for the Group to quantify its business results forecasts. The business results forecasts will be announced as soon as they become reasonably foreseeable. [Notes] 1) Changes in important subsidiaries during the period (Changes in certain specific subsidiaries resulting in a revised scope of consolidation): None 2) Changes in accounting policy and changes in accounting estimates ① Changes in accounting policies required by IFRS: None ② Changes in accounting policy other than those in ① above: None ③ Changes in accounting estimates: None 3) Issued and outstanding shares (common stock) ① Shares issued and outstanding at end of period (including treasury stock) March 31, 2022 － 193,883,202 shares March 31, 2021 － 193,883,202 shares ② Treasury stock at end of period March 31, 2022 － 2,345,706 shares March 31, 2021 － 1,911,533 shares ③ Shares outstanding during the period (cumulative for period, consolidated) March 31, 2022 － 191,703,315 shares March 31, 2021 － 191,973,212 shares (Reference) Overview of Non-consolidated Results 1. Business Performance (non-consolidated) for the Year Ended March 31, 2022 (April 1, 2021 to March 31, 2022) 1) Business Performance (non-consolidated) (Millions of yen) Net sales Operating profit Ordinary profit Profit Amount Y o Y (%) Amount Y o Y (%) Amount Y o Y (%) Amount Y o Y (%) Apr. 1, 2021 - Mar. 31, 2022 27,166 6.6 10,330 15.5 12,863 31.1 15,193 57.3 Apr. 1, 2020 - Mar. 31, 2021 25,484 8.5 8,944 18.6 9,810 14.9 9,656 18.0 Earnings per share (yen) Earnings per share (Assuming full dilution) (yen) Apr. 1, 2021 - Mar. 31, 2022 79.23 － Apr. 1, 2020 - Mar. 31, 2021 50.28 － 2) Financial Position (non-consolidated) (Millions of yen) Total assets Net assets Shareholders' equity ratio Net assets per share (yen) Mar. 31, 2022 271,420 92,046 33.9 % 480.42 Mar. 31, 2021 226,224 88,080 38.9 % 458.68 (Reference) Total shareholders' equity March 31, 2022: ¥ 92,046 million March 31, 2021: ¥ 88,080 million * This flash report is not included in the scope of an audit by certified public accountants or the audit corporations. * Explanation concerning the appropriate use of financial result forecasts and other special notes (Caution Regarding Forward-looking Statements) Prices of crude oil and raw materials are globally soaring in relation to the situation in Russia and Ukraine. Meanwhile, foreign exchange rate volatility is currently excessive. Accordingly, with the range of uncertainties, it is difficult for the Group to quantify its business results forecasts. The business results forecasts will be announced as soon as they become reasonably foreseeable. (How to obtain supplementary schedules) Kikkoman will publish supplementary schedules on TD-net for viewing in Japan, and on its website. This is an excerpt of the original content. To continue reading it, access the original document here .

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