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Kikkoman Corporation (KIKOY)

$21.55 +$1.27 (+6.29%) |CouncilHOLD · 49 · C
Bottom line: HOLD — our Council read (49/100) and AI Score (49/100) broadly agree.
MCap: $9.98B| P/E Ratio: 23.3| Vol: 1|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Kikkoman Corporation (KIKOY) trades at $21.55 with AI Score 49/100 (Grade C). Kikkoman Corporation is a global manufacturer and distributor of food products, including soy sauce, Asian-style sauces, and beverages. Market cap: $9.98B, Sector: Consumer defensive.

Price live · AI analysis from Mar 16, 2026
Kikkoman Corporation is a global manufacturer and distributor of food products, including soy sauce, Asian-style sauces, and beverages. With a history spanning over a century, the company has established a strong brand presence and distribution network across multiple continents.

Analyst Coverage for KIKOY: KIKOY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KIKOY against Consumer Defensive peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 49/100 · C

KIKOY: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Kikkoman Corporation (KIKOY) Consumer Business Overview

CEOShozaburo Nakano
Employees7521
HeadquartersNoda, JP
IPO Year2021

Kikkoman Corporation, a global leader in soy sauce and Asian-style seasonings, leverages its established brand and distribution network to serve both retail and foodservice sectors. With a focus on innovation and international expansion, the company navigates the competitive packaged foods market while maintaining a strong emphasis on quality and tradition.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for KIKOY?

Kikkoman Corporation presents a stable investment opportunity within the consumer defensive sector. The company's consistent profitability, with a profit margin of 8.2%, and a dividend yield of 1.58%, offer steady returns. Kikkoman's low beta of 0.03 indicates minimal volatility relative to the market. Growth catalysts include expanding its product lines and penetrating new geographic markets, particularly in emerging economies. The company's strong brand recognition and established distribution network provide a competitive advantage. However, investors may want to evaluate potential risks such as currency fluctuations and changing consumer preferences.

Based on FMP financials and quantitative analysis

KIKOY Key Highlights

  • Market capitalization of $9.98B reflects Kikkoman's established position in the packaged foods industry.
  • P/E ratio of 23.3 suggests a reasonable valuation compared to its earnings.
  • Gross margin of 33.6% indicates efficient cost management in its manufacturing and distribution processes.
  • Dividend yield of 1.58% provides a steady income stream for investors.
  • Beta of 0.03 demonstrates low volatility compared to the broader market, making it a relatively stable investment.

Who Are KIKOY's Competitors?

KIKOY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
ARHUF AAK AB (publ.) $26.00 +0.00% $6.79B 45
CIADY China Mengniu Dairy Company Limited $22.25 +5.60% $8.60B 44
KIKOF Kikkoman Corporation $10.20 +0.00% $9.45B 49
KKOYF Kesko Oyj $23.98 +0.00% $6.51B 49
LOTBY Lotus Bakeries N.V. $130.92 +0.00% $10.64B 49
GPAGF Gruma, S.A.B. de C.V. $18.50 +2.21% $6.31B 66
ZHYBF Zhong Yuan Bio-Technology Holdings Limited $2.02 +0.00% $35.75M 64
BOF BranchOut Food Inc. $4.58 -4.18% $70.15M 61

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are KIKOY's Key Strengths?

  • Strong brand recognition and reputation.
  • Established distribution network.
  • High-quality products and traditional production methods.
  • Diversified product portfolio.

What Are KIKOY's Weaknesses?

  • Dependence on soy sauce as a core product.
  • Exposure to currency fluctuations.
  • Limited presence in certain emerging markets.
  • Potential for supply chain disruptions.

What Could Drive KIKOY Stock Higher?

  • Continued expansion into emerging markets, driving revenue growth.
  • Product innovation and diversification, attracting new customers.
  • Potential strategic acquisitions or partnerships to expand market reach.
  • Increasing demand for Asian-style sauces and seasonings globally.
  • Growing e-commerce channel, boosting online sales.

What Are the Key Risks for KIKOY?

  • Currency fluctuations impacting ADR value.
  • Intense competition in the packaged foods market.
  • Rising raw material costs affecting profitability.
  • Changes in consumer preferences and health trends.
  • Limited liquidity and transparency due to OTC listing.

What Are the Growth Opportunities for KIKOY?

  • Expansion in Emerging Markets: Kikkoman has the opportunity to expand its presence in emerging markets, particularly in Asia and South America. These regions are experiencing rapid economic growth and increasing demand for packaged foods. By tailoring its product offerings to local tastes and preferences, Kikkoman can capture a significant share of these markets. This expansion could contribute to a 5-10% increase in revenue over the next 3-5 years.
  • Product Innovation and Diversification: Kikkoman can drive growth through continuous product innovation and diversification. This includes developing new flavors, formats, and product categories that cater to evolving consumer preferences. For example, the company could expand its offerings of plant-based sauces and seasonings to capitalize on the growing demand for vegan and vegetarian options. Successful product innovation could lead to a 3-5% increase in annual revenue growth.
  • E-commerce Channel Development: Investing in and expanding its e-commerce presence is a significant growth opportunity. As online grocery shopping continues to gain popularity, Kikkoman can leverage its brand recognition to drive online sales. This includes optimizing its website for e-commerce, partnering with online retailers, and developing targeted digital marketing campaigns. A strong e-commerce strategy could increase online sales by 15-20% annually.
  • Strategic Acquisitions and Partnerships: Kikkoman can pursue strategic acquisitions and partnerships to expand its product portfolio, geographic reach, and technological capabilities. This includes acquiring complementary businesses in the food and beverage industry or partnering with innovative food technology companies. Strategic acquisitions could add 5-10% to overall revenue growth within 2-3 years.
  • Increased Focus on Health and Wellness: Capitalizing on the growing consumer interest in health and wellness is another key growth opportunity. Kikkoman can develop and market products that are lower in sodium, sugar, and fat, as well as those that are organic and gluten-free. By positioning itself as a provider of healthy and nutritious food options, Kikkoman can attract health-conscious consumers and drive sales growth. This focus could increase revenue from health-focused products by 10-15% over the next 5 years.

What Opportunities Does KIKOY Have?

  • Expansion in emerging markets.
  • Product innovation and diversification.
  • E-commerce channel development.
  • Strategic acquisitions and partnerships.

What Threats Does KIKOY Face?

  • Intense competition in the packaged foods market.
  • Changing consumer preferences and health trends.
  • Rising raw material costs.
  • Economic downturns and geopolitical instability.

What Are KIKOY's Competitive Advantages?

  • Strong brand recognition and reputation built over a century.
  • Established distribution network across multiple continents.
  • Traditional fermentation process for soy sauce production, creating a unique flavor profile.
  • Diversified product portfolio catering to various consumer preferences.

What Does KIKOY Do?

Founded in 1917 in Noda, Japan, Kikkoman Corporation has evolved from a soy sauce manufacturer into a diversified global food company. The company's origins trace back to the consolidation of eight soy sauce brewing families. Kikkoman's core product remains soy sauce, a staple in Asian cuisine, which it produces using a traditional fermentation process. Over the years, Kikkoman has expanded its product portfolio to include a wide range of Asian-style sauces, such as teriyaki, stir-fry, and sweet and sour sauces, as well as soy milk, beverages, wines, and various food products. The company also offers Del Monte branded products under license in specific regions. Kikkoman operates in Japan, North America, Europe, Asia, and Oceania, serving both retail consumers and the foodservice industry. Its commitment to quality, tradition, and innovation has solidified its position as a leading player in the global packaged foods market.

What Products and Services Does KIKOY Offer?

  • Manufactures and sells soy sauce, a core product with a long history.
  • Produces Asian-style sauces, including teriyaki, stir-fry, and sweet and sour sauces.
  • Offers soy milk and various beverages.
  • Manufactures and sells wines.
  • Produces and sells canned fruits, canned corn, and tomato ketchup.
  • Offers health foods and oriental food products.
  • Manufactures and sells clinical diagnostic reagents and hygiene inspection agents.
  • Provides real estate rental, logistics, and back-office support services.

How Does KIKOY Make Money?

  • Manufacturing and selling soy sauce and related Asian-style sauces.
  • Distribution of products through retail channels, foodservice distributors, and online platforms.
  • Licensing the Del Monte brand for specific products in certain regions.
  • Providing services such as real estate rental and logistics.

What Industry Does KIKOY Operate In?

Kikkoman Corporation operates within the global packaged foods market, a large and competitive industry driven by consumer demand for convenience, taste, and health. The industry is characterized by established players with strong brands and distribution networks, as well as emerging brands catering to niche markets. Kikkoman's focus on Asian-style sauces and seasonings positions it within a growing segment of the market, driven by increasing consumer interest in international cuisines. The company competes with other major food manufacturers and distributors, navigating trends such as health and wellness, sustainability, and e-commerce.

Who Are KIKOY's Key Customers?

  • Retail consumers who purchase Kikkoman products for home use.
  • Restaurants and foodservice operators who use Kikkoman sauces and seasonings in their dishes.
  • Food manufacturers who incorporate Kikkoman ingredients into their products.
  • Distributors and wholesalers who supply Kikkoman products to retailers and foodservice operators.
AI Confidence: 72% Updated: Mar 16, 2026

F-Score 6/9Financial Health

Kikkoman Corporation's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 7.55 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE 12%Key Financial Metrics

Return on equity for Kikkoman Corporation stands at 11.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 8.2%, showing how much profit it generates from its asset base. KIKOY trades at a trailing price-to-earnings ratio of 23.29, below the Consumer Defensive sector average of ~29x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.29 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.1%, the inverse of the P/E and a quick read on earnings relative to price.

Kikkoman Corporation (KIKOY) Valuation Context

Valued at $9.98B, KIKOY is classified as a mid-cap stock. Relative to its peer group, KIKOY's quantitative score of 49/100 is roughly in line with the peer average of 47/100.

FY2026 estForward Outlook

Wall Street analysts project Kikkoman Corporation revenue of about $746.75B for fiscal 2026, with EPS near $259.88. The estimate reflects 6 contributing analysts.

KIKOY Financials

Fundamental Snapshot

Revenue Growth (FY)
+11.5%
Net Income Growth (FY)
+5.9%
EPS Growth (FY)
+8.2%
Free Cash Flow Growth (FY)
+8.6%
P/E (TTM)
24.1
Return on Equity (TTM)
+11.6%
Current Ratio
3.3
EV/EBITDA (TTM)
12.4

Based on FMP financials and quantitative analysis · FY 2026

Bull Case vs Bear Case

Bull Case

  • Strong brand recognition and reputation.
  • Established distribution network.
  • High-quality products and traditional production methods.
  • Diversified product portfolio.

Bear Case

  • Dependence on soy sauce as a core product.
  • Exposure to currency fluctuations.
  • Limited presence in certain emerging markets.
  • Potential for supply chain disruptions.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026

KIKOY Latest News

No recent news available for KIKOY.

KIKOY Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for KIKOY.

Price Targets

Wall Street price target analysis for KIKOY.

KIKOY MoonshotScore

49/100

What does this score mean?

The MoonshotScore rates KIKOY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Shozaburo Nakano

CEO

Shozaburo Nakano serves as the CEO of Kikkoman Corporation, leading a global workforce of 7,521 employees. His career within Kikkoman has spanned several decades, providing him with deep institutional knowledge and a comprehensive understanding of the company's operations. He has held various leadership positions within the company, contributing to its strategic planning and international expansion efforts. His expertise lies in global business management and consumer packaged goods.

Track Record: Under Shozaburo Nakano's leadership, Kikkoman has continued to expand its global presence and strengthen its brand recognition. He has overseen the introduction of new product lines and the implementation of sustainable business practices. He has also focused on enhancing the company's e-commerce capabilities and adapting to evolving consumer preferences. His tenure has been marked by consistent financial performance and a commitment to maintaining Kikkoman's reputation for quality and tradition.

Kikkoman Corporation ADR Information Unsponsored

An American Depositary Receipt (ADR) like KIKOY represents shares of a foreign company (Kikkoman Corporation) that are held by a U.S. depositary bank. KIKOY allows U.S. investors to trade Kikkoman shares on the OTC market in U.S. dollars, simplifying the investment process and reducing the complexities of international trading. Dividends are converted to USD before distribution.

  • Home Market Ticker: Tokyo Stock Exchange, Japan
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: KIKO
Currency Risk: As an ADR, KIKOY is subject to currency risk. The value of the ADR can fluctuate based on the exchange rate between the U.S. dollar and the Japanese Yen. If the Yen weakens against the dollar, the value of KIKOY may decrease, and vice versa. Investors may want to evaluate this currency exposure when evaluating the potential returns and risks of investing in KIKOY.
Tax Implications: Dividends paid on KIKOY shares are subject to foreign dividend withholding tax in Japan. The standard withholding tax rate is typically around 10-15%, but this may vary depending on tax treaties between Japan and the investor's country of residence. U.S. investors may be able to claim a foreign tax credit on their U.S. tax return for the amount of foreign tax withheld.
Trading Hours: The Tokyo Stock Exchange (where Kikkoman's home market ticker KIKO trades) operates on Japan Standard Time (JST), which is 13 hours ahead of EST. This means that when the U.S. markets are open (9:30 AM to 4:00 PM EST), the Tokyo Stock Exchange is either closed or nearing its closing time. This difference in trading hours can impact the liquidity and price volatility of KIKOY.

KIKOY OTC Market Information

The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies trading on this tier typically have limited or no financial disclosure requirements and may not meet the listing standards of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries a higher degree of risk due to the lack of transparency and regulatory oversight.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for KIKOY on the OTC market is likely to be limited. Trading volume may be low, and the bid-ask spread could be wide, making it difficult to buy or sell shares at a desired price. Investors may experience delays in executing trades and may not be able to find a willing buyer or seller when needed.
OTC Risk Factors:
  • Limited financial disclosure increases the risk of investing in KIKOY.
  • Low trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
  • Lack of regulatory oversight increases the potential for fraud or manipulation.
  • The OTC Other tier is generally considered to be a higher-risk investment environment.
  • Currency risk due to the ADR structure and exposure to the Japanese Yen.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings (if any).
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Understand the risks associated with investing in the OTC market.
  • Consult with a financial advisor before making any investment decisions.
  • Check for any news or regulatory actions related to the company.
  • Determine the liquidity and trading volume of the stock.
Legitimacy Signals:
  • Kikkoman Corporation is an established company with a long history.
  • The company has a well-known brand and a global presence.
  • Kikkoman is a publicly traded company in Japan (KIKO).
  • The company has a diverse product portfolio and serves multiple customer segments.

What Investors Ask About Kikkoman Corporation (KIKOY) — Consumer Defensive

What does Kikkoman Corporation do?

Kikkoman Corporation is a global manufacturer and distributor of food products, primarily specializing in soy sauce and Asian-style sauces and seasonings. The company operates in multiple segments, including soy sauce and related products, beverages, wines, and other food products. Kikkoman serves both retail consumers and the foodservice industry, distributing its products through a wide network of retailers, distributors, and online channels. The company's commitment to quality, tradition, and innovation has established it as a leading player in the global packaged foods market.

What do analysts say about KIKOY stock?

Analyst coverage of KIKOY is limited due to its OTC listing. However, considering Kikkoman's fundamentals, the company's consistent profitability, strong brand recognition, and global presence are viewed positively. Key valuation metrics, such as the P/E ratio of 23.3, suggest a reasonable valuation compared to its earnings. Growth considerations include the company's expansion in emerging markets, product innovation efforts, and e-commerce channel development. Investors should conduct their own due diligence and consider their risk tolerance before investing in KIKOY.

What are the main risks for KIKOY?

The main risks for KIKOY include currency fluctuations, as the ADR's value is subject to changes in the exchange rate between the U.S. dollar and the Japanese Yen. Intense competition in the packaged foods market and rising raw material costs could also impact profitability. Changes in consumer preferences and health trends could affect demand for Kikkoman's products. Additionally, the OTC listing carries risks related to limited liquidity, transparency, and regulatory oversight.

What are the key factors to evaluate for KIKOY?

Kikkoman Corporation (KIKOY) holds an AI score of 49/100 (low). P/E: 23.3x vs the S&P 500's ~20-25x. Not financial advice.

How frequently does KIKOY data refresh on this page?

KIKOY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven KIKOY's recent stock price performance?

Kikkoman Corporation (KIKOY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition and reputation. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider KIKOY overvalued or undervalued right now?

Kikkoman Corporation (KIKOY) trades at 23.3x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying KIKOY?

Before investing in Kikkoman Corporation (KIKOY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC market data may be less reliable than exchange-listed data.
  • Analyst coverage may be limited due to the company's OTC listing.
Data Sources

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