Kikkoman stock tracks stronger Q1 growth and US expansion

Published on 10/07/2026 at 05:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kikkoman stock was last quoted at JPY 1,649.50 on October 2, 2026, against a 52-week range of JPY 1,202.00 to JPY 1,867.50. First-quarter revenue rose 15.0 percent.

Kikkoman, JP3240400006, Illustration mit AI erstellt.

Kikkoman Corporation (ISIN JP3240400006) was last quoted at JPY 1,649.50 on the Tokyo Stock Exchange on October 2, 2026, down 0.66 percent from the prior close. The company is combining faster first-quarter growth with a new US production base that starts shipments in October.

First quarter delivers double-digit growth

For the fiscal 2027 first quarter ended June 30, 2026, revenue reached JPY 202.032 billion, up 15.0 percent year over year, while operating profit increased 29.0 percent to JPY 24.627 billion, according to Smart Stock Notes in its September 18, 2026 analysis of the IFRS results.

The profit increase was faster than sales growth, lifting the operating margin to 12.2 percent from 10.9 percent in the prior-year quarter. Overseas food wholesaling was the strongest contributor, with segment revenue up 18.1 percent and business profit up 46.8 percent in the same period.

Wisconsin plant expands US capacity

Kikkoman opened its third US production facility in Jefferson, Wisconsin, on September 18, 2026. The plant began soy sauce brewing in May and is scheduled to start shipments in October, according to Kikkoman Corporation.

The facility covers 240,000 square feet and represents a planned USD 560 million investment over 10 years. It is Kikkoman Foods' third US plant and the group's ninth soy sauce production base outside Japan, giving the North American business additional capacity as demand expands.

Analyst target stays above the stock

Analyst expectations also remain higher than the quoted share price. Yahoo Finance lists a 12-month average target of JPY 1,889.17, with a low of JPY 1,500.00 and a high of JPY 2,200.00, against the JPY 1,649.50 price on October 2, 2026, according to Yahoo Finance. The average target lies 14.5 percent above that price.

A separate report published by Yahoo Finance Japan said a major US brokerage kept an Overweight rating on September 8, 2026, while raising its target from JPY 1,800.00 to JPY 1,900.00. The report also cited a consensus rating of 4.33 from nine analysts and a JPY 1,900.00 consensus target as of September 7.

Kikkoman stock holds a wide range

The October 2 quote sat within a 52-week range of JPY 1,202.00 to JPY 1,867.50, with trading volume of 1,350,000 shares and market capitalization of JPY 1.5 trillion. The stock's position below the yearly high leaves the plant ramp-up and the durability of currency-adjusted growth as the next measurable tests.