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28112026 Q1PrimeIFRS

KAGOME (2811) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥67.6B (+0.6% year on year) and operating income ¥4.1B (-14.6%). The segment drivers and cash flow follow.

KAGOME CO.,LTD.

Foods/Foods


Financial Highlights

  • Net Sales: ¥67.56B
  • Operating Income: ¥4.12B
  • Net Income: ¥2.79B
  • EPS: ¥22.68

Income Statement

ItemCurrentPriorYoY %
Net Sales¥67.56B¥67.17B+0.6%
Cost of Sales¥45.86B¥45.58B+0.6%
Gross Profit¥21.70B¥21.59B+0.5%
SG&A Expenses¥18.27B¥16.95B+7.8%
Operating Income¥4.12B¥4.83B−14.6%
Equity Method Investment Income−¥100M−¥45M−122.2%
Profit Before Tax¥3.59B¥4.28B−15.9%
Income Tax Expense¥807M¥1.25B−35.3%
Net Income¥2.79B¥3.03B−7.9%
Net Income Attributable to Owners¥2.06B¥2.81B−26.9%
Total Comprehensive Income¥5.93B−¥4.77B+224.5%
Basic EPS¥22.68¥30.19−24.9%
Diluted EPS¥22.65¥30.15−24.9%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥196.55B¥216.78B−¥20.23B
Accounts Receivable¥54.07B¥60.56B−¥6.49B
Inventories¥117.27B¥119.44B−¥2.17B
Non-current Assets¥163.41B¥159.04B+¥4.37B
Property, Plant & Equipment¥86.35B¥85.30B+¥1.05B
Intangible Assets¥26.89B¥25.10B+¥1.79B
Goodwill¥14.32B¥11.38B+¥2.95B
Total Assets¥359.96B¥375.82B−¥15.86B
Accounts Payable¥38.59B¥42.50B−¥3.91B
Short-term Loans¥50.90B¥58.93B−¥8.03B
Non-current Liabilities¥46.07B¥44.71B+¥1.36B
Long-term Loans¥25.21B¥23.57B+¥1.64B
Total Liabilities¥146.64B¥160.93B−¥14.29B
Total Equity¥213.32B¥214.89B−¥1.57B
Capital Stock¥19.98B¥19.98B¥0
Capital Surplus¥22.20B¥21.76B+¥438M
Retained Earnings¥120.91B¥123.01B−¥2.10B
Treasury Stock−¥2.10B−¥787M−¥1.32B
Shareholders' Equity¥189.30B¥190.56B−¥1.26B
Equity Ratio52.6%50.7%+1.9%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥9.15B¥9.11B+¥39M
Investing Cash Flow−¥5.99B−¥3.42B−¥2.57B
Financing Cash Flow−¥14.89B−¥10.71B−¥4.18B
Cash and Cash Equivalents¥15.23B¥26.84B−¥11.61B
Free Cash Flow¥3.16B--

Profitability Ratios

ItemValue
Net Profit Margin3.0%
Gross Profit Margin32.1%
Debt-to-Equity Ratio0.69x
Effective Tax Rate22.5%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+0.6%
Operating Income YoY Change−14.6%
Profit Before Tax YoY Change−15.9%
Net Income YoY Change−7.9%
Net Income Attributable to Owners YoY Change−26.9%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)91.13M shares
Treasury Stock724K shares
Average Shares Outstanding90.65M shares
Book Value Per Share¥2,359.51

Segment Information

SegmentRevenueOperating Income
DomesticProcessedFood¥33.40B¥1.72B
OtherDomestic¥5.09B−¥126M
Overseas¥29.07B¥2.89B

Full Year Forecast

ItemForecast
Net Sales Forecast¥310.00B
Operating Income Forecast¥23.00B
Net Income Attributable to Owners Forecast¥13.40B
Basic EPS Forecast¥147.47
Dividend Per Share Forecast¥58.00