Kikkoman Corp

2801: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Kikkoman Earnings: Wholesale Segment and Currency Headwinds Dragged Profit; We Retain Our Fair Value

Jacky Tsang

Aug 6, 2025

Kikkoman's fiscal first-quarter (ending March 2026) revenue and business profit fell by 1.4% and 10.8% year on year, respectively, dragged by foreign exchange headwinds and the declining margin of the overseas wholesale business.

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Kikkoman Corp

Kikkoman Earnings: Wholesale Segment and Currency Headwinds Dragged Profit; We Retain Our Fair Value

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