Major Consolidated Index

  • *Starting with consolidated financial statements for the year ended March 31, 2021, Kikkoman adopted IFRS. Consolidated results for the year ended March 31, 2020 in the table below are also based on IFRS.
Unit : millions of yen
  2020.3
Actual
2021.3
Actual
2022.3
Actual
2023.3
Actual
2024.3
Forecast
Revenue 439,627 439,411 516,440 618,899 667,700
Revenue YoY Change (%) - (0.0) 17.5 19.8 7.9
Business Profit 38,041 42,650 52,273 58,777 69,600
Business Profit Ratio (%) 8.7 9.7 10.1 9.5 10.4
Business Profit YoY Change (%) - 12.1 22.6 12.4 18.4
Operating Profit 34,903 41,672 50,682 55,370 61,400
Operating Profit Ratio (%) 7.9 9.5 9.8 8.9 9.2
Operating Profit YoY Change (%) - 19.4 21.6 9.2 10.9
Profit before Income Taxes 37,814 43,194 54,231 60,797 68,600
Profit before Income Taxes Ratio (%) 8.6 9.8 10.5 9.8 10.3
Profit before Income Taxes YoY Change (%) - 14.2 25.6 12.1 12.8
Profit for the Year Attributable to Owners of the Parent 26,827 31,159 38,903 43,733 50,600
Ratio of Profit for the Year Attributable to Owners of the Parent to Revenue (%) 6.1 7.1 7.5 7.1 7.6
Profit for the Year Attributable to Owners of the Parent YoY Change (%) - 16.1 24.9 12.4 15.7
Comprehensive Income for the Period Attributable to Owners of the Parent 16,018 43,919 61,686 66,665 -
Unit: yen
  2020.3
Actual
2021.3
Actual
2022.3
Actual
2023.3
Actual
2024.3
Forecast
Basic Earnings per Share 139.74 162.31 202.94 228.37 265.34
Diluted Earnings per Share - - - - -
Cash Dividends per Share 42.00 45.00 61.00 78.00 93.00
Dividend Payout Ratio (Consolidated) (%) 30.1 27.7 30.1 34.2 35.0
Unit : millions of yen
  2020.3
Actual
2021.3
Actual
2022.3
Actual
2023.3
Actual
2024.3
Forecast
Total Equity 277,543 313,514 363,907 416,969 -
Equity Attributable to Owners of the Parent 272,258 308,130 357,816 410,513 -
Equity Attributable to Owners of the Parent per Share (yen) 1,418.20 1,605.08 1,863.13 2,143.92 -
Total Assets 398,698 438,508 503,061 566,385 -
Equity Attributable to Owners of the Parent to Total Assets (%) 68.3 70.3 71.1 72.5 -
D/E Ratio (%) 16.9 14.6 13.1 13.2 -
Ratio of Dividend to Equity Attributable to Owners of the Parent (consolidated) (%) 3.0 3.0 3.5 3.9 -
ROE Attributable to Owners of the Parent (%) 10.0 10.7 11.7 11.4 -
Ratio of Profit before Income Taxes to Total Assets (%) 9.6 10.3 11.5 11.4 -
Return on Invested Capital (%) 8.7 9.5 10.4 10.2 -
  2020.3
Actual
2021.3
Actual
2022.3
Actual
2023.3
Actual
2024.3
Forecast
Share Price at End of Period (yen) 4,605 6,590 8,130 6,740 -
PER (times) 33.0 40.6 40.1 29.5 -
Unit : millions of yen
  2020.3
Actual
2021.3
Actual
2022.3
Actual
2023.3
Actual
2024.3
Forecast
Cash Flows From Operating Activities 41,958 57,167 52,093 59,197 -
Cash Flows From Investing Activities (28,777) (16,886) (16,105) (26,620) -
Cash Flows From Financing Activities (11,400) (15,420) (17,900) (20,379) -
Cash and Cash Equivalents at End of Period 28,103 55,678 79,229 99,347 -
Free Cash Flows 16,050 40,393 32,730 32,755 -
Free Cash Flows per Share (yen) 83.60 210.41 170.74 171.05 -
Unit : millions of yen
  2020.3
Actual
2021.3
Actual
2022.3
Actual
2023.3
Actual
2024.3
Forecast
Interest-bearing Debt 45,925 44,943 46,704 54,145 -
Capital Expenditures 29,103 20,946 24,617 38,228 42,100
Depreciation and Amortization 18,287 19,371 20,041 22,252 23,900
R&D Costs 4,406 4,758 4,892 5,174 -
Net Financial Income (Loss) 511 196 430 1,704 -
Average Term Exchange Rate (yen/US$) 109.10 106.17 112.86 134.95 142.66
Number of Employees (people) 7,376 7,645 7,686 7,775 -
Average Number of Temporary Workers (people) 775 646 633 612 -
Shares Issued and Outstanding at End of Period (thousand) 191,974 191,971 191,537 191,477 -

(Notes)

  1. 1Revenue does not include consumption and other taxes.
  2. 2Free cash flows = Cash flows from operating activities
    - Cash used for the acquisition of property, plant and equipment and intangible assets
    + Cash provided from the sale of property, plant and equipment and intangible assets
  3. 3Interest-bearing debt refers to all liabilities on the consolidated statement of financial position on which interest is paid.
  4. 4Net financial income = Interest and dividend income - Interest expense
  5. 5Equity attributable to owners of the parent = Total equity - Share acquisition rights - Non-controlling interest
  6. 6D/E ratio = Interest-bearing debt/Equity attributable to owners of the parent
  7. 7Shares issued and outstanding at end of period is computed, excluding treasury stock.
  8. 8Business profit = Revenue - Cost of sales - Selling, general and administrative expenses
  9. 9Return on invested capital = Profit before interest after tax / (Average of interest-bearing debt at beginning and end of the period + Average of total equity at beginning and end of the period)

As for the data for years prior to listed above, please refer to our Factbook.