Company profile

Kewpie Corporation

EDINET
E00464
Securities
2809
Industry
Foods
Latest annual securities report
2026-02-24 Annual Securities Report PDF HTML
Latest financial report
2026-07-13 Semiannual Securities Report PDF HTML
Latest filing
2026-09-08 Treasury Share Repurchase Status Report PDF HTML

Industry position

Foods

View details
Profitability Above average Current Top 34% 5-year trend Broadly stable
Financial strength Strong Based on Equity ratio Current Top 18% 5-year trend Broadly stable
Growth Above average Current Top 34% 5-year trend Improving
Cash generation Above average Current Top 43% 5-year trend Broadly stable

Latest half-year results

H1 FY2026

2025/12/01 - 2026/05/31

Consolidated · Japanese GAAP · Cumulative YTD

For H1 FY2026, revenue was ¥261.65 billion, up 3.9% year over year. Operating income was ¥20.02 billion, up 23.9% year over year. Net income was ¥14.96 billion, down 26.6% year over year.

Revenue ¥261.65B up 3.9% year over year
Operating income ¥20.02B up 23.9% year over year
Net income ¥14.96B down 26.6% year over year
Operating cash flow ¥13.03B
Free cash flow ¥4.94B
Total assets ¥486.1B

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Consolidated · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2025

Consolidated Japanese GAAP

Revenue reached ¥513.42 billion, up 6.1% year over year. Operating income was ¥34.63 billion, up 0.9% year over year. Operating margin was 6.7%. Net income was ¥30.51 billion, up 42.4% year over year. ROE was 8.8%; equity ratio was 67.4%; free cash flow was ¥14.9 billion.

Revenue ¥513.42B up 6.1% year over year
Operating income ¥34.63B up 0.9% year over year
Net income ¥30.51B up 42.4% year over year
Total assets¥480.53B
Total equity—
Operating cash flow¥31.8B
Free cash flow¥14.9B

Industry position details

Foods

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Above average

Operating margin Top 33% / ROE Top 43%

Financial strength Strong
Based on Equity ratio

Equity ratio Top 22%

Growth Above average

Revenue growth Top 38% / 3-year revenue CAGR Top 38%

Cash generation Above average

Operating cash flow margin Top 47% / Free cash flow margin Top 47%

Profitability Industry position history Broadly stable
2025 Top 34% 2024 Top 42% 2023 Top 49% 2022 Top 44% 2021 Top 33%
Financial strength Industry position history Broadly stable
2025 Top 23% 2024 Top 27% 2023 Top 25% 2022 Top 26% 2021 Top 27%
Growth Industry position history Improving
2025 Top 39% 2024 Top 44% 2023 Bottom 24% 2022 Bottom 37% 2021 Bottom 2%
Cash generation Industry position history Broadly stable
2025 Top 44% 2024 Top 15% 2023 Top 49% 2022 Top 44% 2021 Top 37%
Profitability Operating margin 6.7% Industry median 4.8% Top 33% Comparison sample 28
Profitability ROE 8.8% Industry median 7.3% Top 43% Comparison sample 28
Financial strength Equity ratio 67.4% Industry median 50.2% Top 22% Comparison sample 28
Growth Revenue growth +6.1% Industry median +5.0% Top 38% Comparison sample 27
Growth 3-year revenue CAGR +6.1% Industry median +5.8% Top 38% Comparison sample 27
Cash generation Operating cash flow margin 6.2% Industry median 5.7% Top 47% Comparison sample 28
Cash generation Free cash flow margin 2.9% Industry median 1.8% Top 47% Comparison sample 28

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2025 Consolidated Japanese GAAP 513417000000 34628000000 37389000000 30506000000 30506000000 43819000000 480531000000 132930000000 347600000000 283079000000 347600000000 31802000000 -16905000000 -30102000000 14897000000 65849000000 220.63 20.0 4412.600 624382900000.000 2328.49 141500000 0.7233664425 0.674 0.0877617952 0.0634839376 0.06744615 0.0728238449 0.0594175884 0.0619418523 0.0290154007 0.060811802 0.0087098372 0.0139664804 0.4242494981 0.0392735719 0.0481307932 -0.4962139214 0.2924705981 -0.4248792957 -0.6202941401 -0.1821219197 0.4317326411 0.0 0.0243415423 10773
FY2024 Consolidated Japanese GAAP 483985000000 34329000000 36874000000 21419000000 21419000000 30933000000 462372000000 130734000000 331638000000 270878000000 331638000000 63126000000 -23893000000 -21126000000 39233000000 80512000000 154.1 22.3 3436.43 486254845000.00 2174.74 141500000 0.7172536399 0.654 0.0645854818 0.0463241719 0.0709298842 0.0761883116 0.0442555038 0.1304296621 0.0810624296 0.0635022831 0.7431197319 0.7996095656 0.6258539548 0.0853649949 0.0653222102 1.6607376185 -0.3482873427 -1.2205171326 5.5344770153 0.2895744238 0.6258704368 0.0 -0.0117459124 10517
FY2023 Consolidated Japanese GAAP 455086000000 19694000000 20490000000 13174000000 13174000000 23989000000 426006000000 114702000000 311303000000 256639000000 311303000000 23725000000 -17721000000 -9514000000 6004000000 62433000000 94.78 27.2 2578.016 364789264000.000 2027.9 141500000 0.7307479237 0.662 0.0423188983 0.0309244471 0.043275337 0.0450244569 0.0289483746 0.0521330034 0.0131931108 0.057591842 -0.2256517123 -0.2480457998 -0.1783197156 0.0560805585 0.0566147246 -0.127725284 -0.1112434941 0.4340946943 -0.4664059723 -0.0444172343 -0.1782555922 0.0 -0.0050486163 10642
FY2022 Consolidated Japanese GAAP 430304000000 25433000000 27249000000 16033000000 16033000000 32635000000 403384000000 108761000000 294623000000 250413000000 294623000000 27199000000 -15947000000 -16812000000 11252000000 65335000000 115.34 21.2 2445.208 345996932000.000 1925.54 141500000 0.7303784979 0.664 0.0544186978 0.0397462468 0.059104726 0.0633249981 0.0372597048 0.0632088012 0.0261489552 0.0571566852 -0.0907693408 -0.0824634656 -0.1099700233 0.0587423196 0.0940286148 -0.2941374925 0.2135424372 0.1010106411 -0.3836546889 -0.0205088227 -0.1001014278 0.0 -0.0021457225 10696
FY2021 Consolidated Japanese GAAP 407039000000 27972000000 29698000000 18014000000 18014000000 24546000000 381003000000 111702000000 269301000000 240913000000 269301000000 38533000000 -20277000000 -18701000000 18256000000 66703000000 128.17 18.0 2307.060 326448990000.000 1767.14 141500000 0.7068212061 0.645 0.0668916937 0.0472804676 0.0687206877 0.0729610676 0.0442562015 0.0946666044 0.0448507391 -0.2335968729 -0.0116948733 0.0244575529 0.5832307963 -0.1565561196 -0.0563325005 0.1023601774 0.2212834594 -3741.2 1.0475549574 0.0140778692 0.6111879321 -0.0566666667 -0.3301880897 10719
FY2020 Consolidated Japanese GAAP 531103000000 28303000000 28989000000 11378000000 11378000000 13879000000 451723000000 166346000000 285377000000 238379000000 285377000000 34955000000 -26039000000 5000000 8916000000 65777000000 79.55 27.3 2171.715 325757250000.000 1674.58 150000000 0.6317522021 0.53 0.0398700666 0.0251880024 0.0532909812 0.0545826327 0.0214233397 0.0658158587 0.0167877041 -0.0267901481 -0.1168559661 -0.1288054095 -0.3914857204 0.0166865852 0.0311613605 -0.2040486383 0.1238559892 1.0010864841 -0.3719357566 0.1585148916 -0.3914473684 0.0 0.0356588144 16003
FY2019 Consolidated Japanese GAAP 545723000000 32048000000 33275000000 18698000000 18698000000 17646000000 444309000000 167556000000 276753000000 234276000000 276753000000 43916000000 -29720000000 -4602000000 14196000000 56777000000 130.72 18.6 2431.392 364708800000.000 1646.73 150000000 0.6228840739 0.53 0.0675620499 0.0420833249 0.0587257638 0.0609741572 0.0342628037 0.0804730605 0.0260131972 -0.0484756549 -0.0308162216 -0.0312672858 0.0206331878 0.0544315844 0.0400338219 0.0511752597 -0.4713599683 0.6990780095 -0.3421381899 0.1835939129 0.0470164197 0.0434900054 15452
FY2018 Consolidated Japanese GAAP 573525000000 33067000000 34349000000 18320000000 18320000000 17786000000 421373000000 155273000000 266100000000 221219000000 266100000000 41778000000 -20199000000 -15293000000 21579000000 47970000000 124.85 22.1 2759.185 1582.27 0.6315070021 0.537 0.0688462984 0.0434769195 0.0576557256 0.0598910248 0.0319428098 0.0728442526 0.0376252125 0.021073977 0.0577716644 0.0565347113 0.0122106194 0.0051668985 0.0101278508 0.5340383344 0.357149677 -4.8137157107 6.1538094101 0.158387868 0.0313919868 -0.0077727151 14808
FY2017 Consolidated Japanese GAAP 561688000000 31261000000 32511000000 18099000000 18099000000 33897000000 419207000000 155775000000 263432000000 217509000000 263432000000 27234000000 -31421000000 4010000000 -4187000000 41411000000 121.05 23.8 2880.990 1539.94 0.6284055371 0.54 0.0687046372 0.0431743745 0.0556554528 0.0578808876 0.032222515 0.0484859922 -0.0074543163 0.0169869601 0.0483935878 0.0365705905 0.0588545018 0.0862705162 0.0714672111 -0.398276624 0.0195032141 1.6907838071 -1.3168609051 0.0152243197 0.0668017978 0.0588151827 14924
FY2016 Consolidated Japanese GAAP 552306000000 29818000000 31364000000 17093000000 17093000000 10955000000 385914000000 140053000000 245861000000 215047000000 245861000000 45260000000 -32046000000 -5805000000 13214000000 40790000000 113.47 23.8 2700.586 1420.63 0.6370875376 0.551 0.0695230232 0.0442922516 0.0539881877 0.0567873606 0.0309484235 0.0819473263 0.0239251429 14095

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Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp