Kagome Co., Ltd. · Year ended December 2025

From the fields to food factories: Kagome's tomato processing business.

Vegetable juice and ketchup define Kagome's familiar presence in Japanese supermarkets. The domestic business behind that reputation remains large. Yet Kagome's financial statements reveal another set of customers: companies that need tomato ingredients for their own foods.

FY2025 revenue of ¥294.2 billion

From familiar tomato drinks to ingredients for food makers

Domestic processed foods still generated ¥157.3 billion

Now compare that segment with Kagome’s International business.

¥129.8 billion internationally—much of it sold business-to-business

DATA VIEW

The familiar brands are only one face of the business

Reported FY2025 segments. Other activities, intersegment transactions and group adjustments mean these two figures do not simply add to consolidated totals. Business profit is Kagome's own operating-performance measure, not the same as IFRS operating profit.

¥157.3bnDomestic processed-food revenue
¥129.8bnInternational segment revenue
¥15.5bnDomestic business profit
¥9.2bnInternational business profit

The domestic category includes more than just tomato juice.

Drinks generated ¥84.1 billion

Ketchup and other domestic foods contributed ¥59.1 billion

Outside Japan, the degree of tomato processing determines the product’s uses and customers.

Primary processing: ¥69.6 billion in ingredient sales

Secondary processing: another ¥63.6 billion in sauces

Kagome’s corporate description of its global business traces agricultural production through primary and secondary processing to sales in North America, Europe, Australia and Asia. This is an overview of Kagome’s business functions, not evidence of specific customer contracts or shipment routes.

International sales fell 13.0% in FY2025

International processing exposes Kagome to global paste-market supply, demand, pricing and processing costs.

In 2024, Kagome consolidated California processor Ingomar

READING THE BUSINESS

One tomato value chain, two different sets of customers

An editorial picture of how cultivation and processing support consumer products and food-industry ingredients.

Grow and process tomatoesCultivation by 1899; tomato sauce by 1903
  1. Domestic vegetable drinksTomato juice and Vegetable Life 100
  2. Domestic condimentsKetchup, sauces and cooking ingredients
  3. International primary processingTomato paste and diced tomatoes for food manufacturers
  4. International secondary processingPizza and tomato sauces for foodservice

The combination of cultivation and processing reaches back to Kagome’s earliest business.

Tomato cultivation in 1899; tomato sauce in 1903

Ketchup in 1908; tomato juice in 1933

Kagome’s domestic household products are real and financially significant. But customers needing tonnes of tomato paste and sauce are just as important to understanding its present global operations.

THE VIEW AFTER THE NUMBERS

What the numbers suggest

For the year ended December 2025, Kagome’s domestic processed-food business generated ¥157.3bn in revenue, and its International business generated ¥129.8bn. International operations cover industrial tomato paste and other primary ingredients, plus more processed products such as pizza sauce.

But International sales declined 13.0%, and business profit declined 33.4%. Consolidating Ingomar in 2024 expanded the processing footprint while global tomato-paste prices weakened in 2025.

From tomato growing in 1899 and sauce production in 1903, Kagome has developed two customer-facing identities: products for households and ingredients for the world’s foodmakers. Consumers see Kagome on supermarket shelves. Corporate customers see Kagome in their supply chains.

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Primary sources used

FY2025 Results (Kagome's Japanese original IFRS release)

Kagome Co., Ltd. · 2026-02-02

Pages used: p.1 / p.4 / p.4-5 / p.4-6 / p.5

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Global Business (Japanese corporate original)

Kagome Co., Ltd.

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President's Message (Japanese corporate original)

Kagome Co., Ltd.

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