Kewpie Corp. raises full-year sales forecast on strong food service segment

For the first nine months ending August 31, 2025, Kewpie Corporation reported consolidated net sales of 383,424 million yen, a 6.2% increase year-on-year, and profit attributable to owners of parent of 26,055 million yen, up 31.9%. Operating income decreased by 9.2% to 27,062 million yen.

The company announced an upward revision to its full-year consolidated operating results forecast for the fiscal year ending November 30, 2025, increasing projected net sales to 512,000 million yen from 505,000 million yen. Operating and ordinary income, and profit attributable to owners of parent, remained unchanged from previous forecasts.

The revision primarily attributes to higher-than-expected net sales in the Food Service segment, particularly influenced by the soaring egg market. Despite a decrease in operating income for the first nine months, full-year forecasts for operating income, ordinary income, and profit attributable to owners of parent remain stable at 34,500 million yen, 36,600 million yen, and 29,200 million yen, respectively.

The company's full-year dividend forecast remains unchanged, with an interim dividend of 32 yen and a year-end dividend of 32 yen, totaling 64 yen per share. This includes a 10 yen commemorative dividend for the 100th anniversary of Kewpie Mayonnaise.