Kikkoman Corporation Flash Report for Fiscal 2021
July 2, 2021
Consolidated Financial Results
Kikkoman Corporation
Flash Report 2021
(IFRS)
(Consolidated)
Year ended March 31, 2021
Listed company name: | Kikkoman Corporation |
Shares listed: | Tokyo (1st Section) |
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: | ir@mail.kikkoman.co.jp |
Notes:
- All information has been prepared in accordance with accounting principles and practices generally accepted in Japan.
- Amounts less than ¥1 million, except for per share amounts, have been rounded in the following tables.
Kikkoman Corporation Flash Report 2021
1. Business Performance for the Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)
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, 2020 | 439,411 | (0.0) | 42,650 | 12.1 | 41,672 | 19.4 | 43,194 | 14.2 | ||||||||
-Mar. 31, 2021 | ||||||||||||||||
Apr. 1, 2019 | 439,627 | - | 38,041 | - | 34,903 | - | 37,814 | - | ||||||||
-Mar. 31, 2020 | ||||||||||||||||
Profit for the year | Total | |||||||||||||||
attributable to | comprehensive | |||||||||||||||
owners of the | income for the | |||||||||||||||
parent | period | |||||||||||||||
Amount | Y o Y | Amount | Y o Y | |||||||||||||
(%) | (%) | |||||||||||||||
Apr. 1, 2020 | 31,159 | 16.1 | 44,346 | 169.3 | ||||||||||||
-Mar. 31, 2021 | ||||||||||||||||
Apr. 1, 2019 | 26,827 | - | 16,465 | - | ||||||||||||
-Mar. 31, 2020 | ||||||||||||||||
Basic earnings | Diluted | ROE | Profit before | |||||||||||||
attributable to | Business profit | |||||||||||||||
per share | earnings per | income taxes | ||||||||||||||
owners of the | to Revenue | |||||||||||||||
(yen) | share (yen) | to total assets | ||||||||||||||
parent | ||||||||||||||||
Apr. 1, 2020 | 162.31 | - | 10.7% | 10.3% | 9.7% | |||||||||||
-Mar. 31, 2021 | ||||||||||||||||
Apr. 1, 2019 | 139.74 | - | 10.0% | 9.6% | 8.7% | |||||||||||
-Mar. 31, 2020 | ||||||||||||||||
(Reference) Share of profit of associates accounted for using the equity method April 1, 2020 to March 31, 2021: ¥ 206 million
April 1, 2019 to March 31, 2020: ¥ 209 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 equity | Equity | Equity | |||
attributable to | attributable to | ||||
Total assets | Total equity | attributable to | |||
owners of the | owners of the | ||||
owners of the | |||||
parent to total | parent per | ||||
parent | |||||
assets | share (yen) | ||||
Mar. 31, 2021 | 438,508 | 313,514 | 308,130 | 70.3% | 1,605.08 |
Mar. 31, 2020 | 398,698 | 277,543 | 272,258 | 68.3% | 1,418.20 |
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Kikkoman Corporation Flash Report 2021
3) Cash Flows
(Millions of yen)
Cash flows from | Cash flows from | Cash flows from | Cash and cash | |
equivalents at end | ||||
operating activities | investing activities | financing activities | ||
of the year | ||||
Apr. 1, 2020 | 57,167 | (16,886) | (15,420) | 55,678 |
-Mar. 31, 2021 | ||||
Apr. 1, 2019 | 41,958 | (28,777) | (11,400) | 28,103 |
-Mar. 31, 2020 | ||||
2. Cash Dividends
Cash dividends per share (yen) | Total cash | Dividend to | ||||||
Three- | Six- | Nine- | Dividend | equity | ||||
Full | dividends | attributable to | ||||||
month | month | month | Total | (full year) | payout ratio | |||
period | period | period | year | (millions of | (consolidated) | owners of the | ||
ended | ended | ended | ended | yen) | parent | |||
(consolidated) | ||||||||
Apr. 1, 2019 | - | 21.00 | - | 21.00 | 42.00 | 8,065 | 30.1% | 3.0% |
-Mar. 31, 2020 | ||||||||
Apr. 1, 2020 | - | 21.00 | - | 24.00 | 45.00 | 8,641 | 27.7% | 3.0% |
-Mar. 31, 2021 | ||||||||
Apr. 1, 2021 | 22.00 | 23.00 | 45.00 | 29.7% | ||||
-Mar. 31, 2022 | - | - | ||||||
(Estimated) |
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Kikkoman Corporation Flash Report 2021
3. Forecasts of Business Performance for the Fiscal Year Ending March 31, 2022 (April 1, 2021 to March 31, 2022)
(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 | 228,500 | 7.3 | 21,850 | (0.5) | 21,450 | (3.2) | 22,050 | (3.2) | ||
-Sep. 30, 2021 | ||||||||||
Apr. 1, 2021 | 462,800 | 5.3 | 43,400 | 1.8 | 41,800 | 0.3 | 42,900 | (0.7) | ||
-Mar. 31, 2022 | ||||||||||
Profit for the year | ||||||||||
attributable to | Basic earnings | |||||||||
owners of the | ||||||||||
per share | ||||||||||
parent | ||||||||||
(yen) | ||||||||||
Amount | Y o Y | |||||||||
(%) | ||||||||||
Apr. 1, 2021 | 15,240 | (6.4) | 79.39 | |||||||
-Sep. 30, 2021 | ||||||||||
Apr. 1, 2021 | 29,100 | (6.6) | 151.58 | |||||||
-Mar. 31, 2022 | ||||||||||
(Note) In the Japanese GAAP-based flash report (consolidated financial results for the fiscal year ended March 31, 2021), the Group announced its forecasts of consolidated business performance for the fiscal year ending March 31, 2022 based on Japanese GAAP. However, due to the voluntary adoption of the International Financial Reporting Standards (IFRS) from the consolidated financial statements in the securities report for the fiscal year ended March 31, 2021, the Group announces new forecasts of consolidated business performance for the fiscal year ending March 31, 2022 based on IFRS.
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Kikkoman Corporation Flash Report 2021
[Notes]
- Changes in important subsidiaries during the period (Changes in certain specific subsidiaries resulting in a revised scope of consolidation): None
- Changes in accounting policy and changes in accounting estimates
- Changes in accounting policies required by IFRS: None
- Changes in accounting policy other than those in ① above: None
③ Changes in accounting estimates: None
- Issued and outstanding shares (common stock)
- Shares issued and outstanding at end of period (including treasury stock)
March 31, 2021 | - 193,883,202 shares | March 31, 2020 - 193,883,202 shares |
② Treasury stock at end of period | ||
March 31, 2021 | - 1,911,533 shares | March 31, 2020 - 1,908,731 shares |
- Shares outstanding during the period (cumulative for period, consolidated)
March 31, 2021 - 191,973,212 shares | March 31, 2020 - 191,975,974 shares |
- 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 (Adoption of the International Financial Reporting Standards (IFRS))
Starting with the consolidated financial statements in the securities report for the fiscal year ended March 31, 2021, the Group adopted the International Financial Reporting Standard (hereinafter called "IFRS").
In addition, the Group announced a Japanese GAAP-based flash report (consolidated financial results for the fiscal year ended March 31, 2021) on April 27, 2021.
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Kikkoman Corporation published this content on 02 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2021 08:12:59 UTC.