Kikkoman Corporation
Kikkoman Corporation, through its subsidiaries, engages in the manufacture and sale of food products in Japan and internationally. It offers soy sauce, soy sauce soup bases, and Del Monte seasonings; soy milk and Del Monte beverages; mirin and wines. The company also manufactures and sells canned fruits, corn products, and tomato ketchup; health foods; and purchases and sells oriental food produc… Read more
Kikkoman Corporation (KIKOF) - Net Assets
Latest net assets as of December 2025: $554.68 Billion USD
Based on the latest financial reports, Kikkoman Corporation (KIKOF) has net assets worth $554.68 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($731.79 Billion) and total liabilities ($177.11 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $554.68 Billion |
| % of Total Assets | 75.8% |
| Annual Growth Rate | 5.34% |
| 5-Year Change | 18088.3% |
| 10-Year Change | 25601.26% |
| Growth Volatility | 3522.94 |
Kikkoman Corporation - Net Assets Trend (2006–2025)
This chart illustrates how Kikkoman Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kikkoman Corporation (2006–2025)
The table below shows the annual net assets of Kikkoman Corporation from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $516.05 Billion | +3.57% |
| 2024-03-31 | $498.25 Billion | +15775.30% |
| 2023-03-31 | $3.14 Billion | +4.98% |
| 2022-03-31 | $2.99 Billion | +5.37% |
| 2021-03-31 | $2.84 Billion | +10.36% |
| 2020-03-31 | $2.57 Billion | +5.22% |
| 2019-03-31 | $2.44 Billion | +2.59% |
| 2018-03-31 | $2.38 Billion | +8.57% |
| 2017-03-31 | $2.19 Billion | +9.25% |
| 2016-03-31 | $2.01 Billion | -99.16% |
| 2015-03-31 | $238.43 Billion | +13.32% |
| 2014-03-31 | $210.41 Billion | +12.24% |
| 2013-03-31 | $187.46 Billion | +12.01% |
| 2012-03-31 | $167.35 Billion | +2.92% |
| 2011-03-31 | $162.60 Billion | -2.68% |
| 2010-03-31 | $167.09 Billion | +3.26% |
| 2009-03-31 | $161.82 Billion | -18.85% |
| 2008-03-31 | $199.41 Billion | -3.63% |
| 2007-03-31 | $206.92 Billion | +7.77% |
| 2006-03-31 | $192.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kikkoman Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 204.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $415.21 Billion | 81.65% |
| Common Stock | $11.60 Billion | 2.28% |
| Other Components | $81.72 Billion | 16.07% |
| Total Equity | $508.54 Billion | 100.00% |
Kikkoman Corporation Competitors by Market Cap
The table below lists competitors of Kikkoman Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JBTMarel Corp
NYSE:JBTM
|
$6.63 Billion |
|
Shenzhen Sunway Communication
SHE:300136
|
$6.63 Billion |
|
Idemitsu Kosan Co.Ltd
OTCGREY:IDKOF
|
$6.63 Billion |
|
Power Finance Corporation Limited
NSE:PFC
|
$6.63 Billion |
|
Taiwan Cement Corp
PINK:TGBMF
|
$6.63 Billion |
|
Deutsche Lufthansa AG
OTCQX:DLAKF
|
$6.63 Billion |
|
Liberty Broadband Srs C
NASDAQ:LBRDK
|
$6.62 Billion |
|
Silicon Laboratories Inc
NASDAQ:SLAB
|
$6.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kikkoman Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 491,355,000,000 to 508,539,000,000, a change of 17,184,000,000 (3.5%).
- Net income of 61,695,000,000 contributed positively to equity growth.
- Dividend payments of 22,852,000,000 reduced retained earnings.
- Share repurchases of 15,205,000,000 reduced equity.
- Other comprehensive income decreased equity by 106,547,000,000.
- Other factors increased equity by 100,093,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $61.70 Billion | +12.13% |
| Dividends Paid | $22.85 Billion | -4.49% |
| Share Repurchases | $15.21 Billion | -2.99% |
| Other Comprehensive Income | $-106.55 Billion | -20.95% |
| Other Changes | $100.09 Billion | +19.68% |
| Total Change | $- | 3.50% |
Book Value vs Market Value Analysis
This analysis compares Kikkoman Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | $176.90 | $9.99 | x |
| 2007-03-31 | $184.08 | $9.99 | x |
| 2008-03-31 | $175.41 | $9.99 | x |
| 2009-03-31 | $167.99 | $9.99 | x |
| 2010-03-31 | $173.53 | $9.99 | x |
| 2011-03-31 | $168.76 | $9.99 | x |
| 2012-03-31 | $174.04 | $9.99 | x |
| 2013-03-31 | $195.37 | $9.99 | x |
| 2014-03-31 | $219.41 | $9.99 | x |
| 2015-03-31 | $248.04 | $9.99 | x |
| 2016-03-31 | $2.09 | $9.99 | x |
| 2017-03-31 | $2.26 | $9.99 | x |
| 2018-03-31 | $2.45 | $9.99 | x |
| 2019-03-31 | $2.52 | $9.99 | x |
| 2020-03-31 | $2.64 | $9.99 | x |
| 2021-03-31 | $323.16 | $9.99 | x |
| 2022-03-31 | $375.27 | $9.99 | x |
| 2023-03-31 | $430.54 | $9.99 | x |
| 2024-03-31 | $515.32 | $9.99 | x |
| 2025-03-31 | $535.68 | $9.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kikkoman Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.70%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.34x
- Recent ROE (12.13%) is below the historical average (269.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.00% | 2.81% | 1.08x | 1.97x | $-6.74 Billion |
| 2007 | 6.12% | 2.74% | 1.12x | 1.99x | $-6.81 Billion |
| 2008 | 6.84% | 2.77% | 1.21x | 2.05x | $-5.28 Billion |
| 2009 | 1.71% | 0.67% | 1.33x | 1.94x | $-13.27 Billion |
| 2010 | 5.20% | 3.01% | 0.92x | 1.88x | $-7.94 Billion |
| 2011 | 4.83% | 2.74% | 0.95x | 1.86x | $-8.32 Billion |
| 2012 | 5.41% | 3.17% | 0.85x | 2.00x | $-7.61 Billion |
| 2013 | 5.91% | 3.67% | 0.89x | 1.81x | $-7.62 Billion |
| 2014 | 6.00% | 3.66% | 0.98x | 1.67x | $-8.36 Billion |
| 2015 | 6.50% | 4.14% | 0.98x | 1.60x | $-8.27 Billion |
| 2016 | 1003.14% | 4.89% | 125.52x | 1.63x | $19.76 Billion |
| 2017 | 1105.43% | 5.92% | 124.05x | 1.51x | $23.59 Billion |
| 2018 | 1022.29% | 5.54% | 133.15x | 1.39x | $23.61 Billion |
| 2019 | 1083.88% | 5.73% | 138.64x | 1.36x | $25.75 Billion |
| 2020 | 1063.74% | 6.10% | 119.04x | 1.46x | $26.57 Billion |
| 2021 | 10.11% | 7.09% | 110.73x | 0.01x | $346.00 Million |
| 2022 | 10.87% | 7.53% | 124.97x | 0.01x | $3.12 Billion |
| 2023 | 10.65% | 7.07% | 145.17x | 0.01x | $2.68 Billion |
| 2024 | 11.49% | 8.54% | 0.99x | 1.36x | $7.31 Billion |
| 2025 | 12.13% | 8.70% | 1.04x | 1.34x | $10.84 Billion |
Industry Comparison
This section compares Kikkoman Corporation's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,039,800,252
- Average return on equity (ROE) among peers: 3.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kikkoman Corporation (KIKOF) | $554.68 Billion | 6.00% | 0.32x | $6.63 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $19.19 Million |
| The a2 Milk Company Limited (ACOPF) | $58.63 Million | -3.57% | 0.52x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $42.93 Million | 14.90% | 0.00x | $95.99 |
| Alfa S.A.B. de C.V (ALFFF) | $15.00 Billion | -1.41% | 7.20x | $2.16 Billion |
| Amincor Inc (AMNCB) | $-122.34 Million | 0.00% | 0.00x | $2.09K |
| Armanino Foods New (AMNF) | $36.18 Million | 40.37% | 0.46x | $74.02K |
| Amira Nature Foods Ltd (ANFIF) | $241.61 Million | -32.38% | 1.12x | $128.79 |
| AAK AB (publ.) (ARHUF) | $4.36 Billion | 16.77% | 1.30x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-510.53K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $780.47 Million | 3.84% | 1.64x | $53.13 Million |