Kikkoman Corporation · Fiscal 2026
Soy sauce, rice and miso: Kikkoman’s global wholesale network.
Kikkoman makes and sells soy sauce, seasonings, soymilk and other foods. Its JFC wholesale group also supplies rice, noodles, seafood and a wider food assortment to restaurants and retailers around the world.
JFC supplies the foods that restaurants and retailers buy
Kikkoman manufactures and sells soy sauce; its JFC Group assembles and sells a broader food assortment. Alongside Kikkoman products, it supplies rice, noodles, seafood, snacks and alcoholic beverages to restaurants and retailers. Purchases for a restaurant’s kitchen or a shop’s shelves generate the wholesaler’s sales (company business description).
Getting soy sauce and ingredients into shops and kitchens
A wholesale route through JFC. Goods move toward the customer; payments move toward the supplier.
Kikkoman manufacturing companies and other food producers
Soy sauce, rice, noodles, seafood and moreBuy, assemble an assortment and resell
Buy ingredients to cook or products to sell
Kikkoman manufacturing and sales also uses routes outside JFC. JFC carries group products, a broader range of foods and its own brands.
Two overseas businesses, compared by revenue
Year ended March 2026, ¥ million. Reported segment revenue includes intersegment transactions; bars share a zero baseline. Subtract ¥23,367m of eliminations from their sum to reach overseas revenue of ¥583,080m.
Source: Fact Book 2026, pp.6–7.
Manufacturing generates more business profit on lower sales
The larger business changes when the measure changes
Year ended March 2026, overseas businesses. Revenue includes intersegment transactions; profit means business profit. Figures rounded to ¥ billion.
North American manufacturing sales: ¥103.4bn, including ¥102.2bn of soy sauce
A 57.0% volume share of the U.S. home-use soy sauce market
Consolidated revenue of ¥745.5bn is after intersegment eliminations
Reported overseas revenue is equivalent to about 78% of the consolidated total
Building U.S. sales, wholesale and local production
Promoting soy sauce alongside Japanese food
Local-currency wholesale sales roughly doubled over nine years
A third U.S. factory expands the soy sauce supply network
THE VIEW AFTER THE NUMBERS
What the numbers suggest
Kikkoman combines making and selling soy sauce and other foods with buying a broader assortment and supplying it to shops and kitchens.
Overseas wholesale generates more revenue; overseas manufacturing and sales generates more business profit. Reading those measures separately reveals the different roles of JFC’s restaurant and retail supply business and the manufacturing operations behind Kikkoman’s soy sauce.
Primary sources used
Fact Book 2026 — Business Information
Kikkoman Corporation · 2026-09-18
Pages used: p.6 / p.6-7 / p.6-8 / p.16 / p.18 / p.27
Open source →Business Performance Presentation for Fiscal 2026
Kikkoman Corporation · 2026-04-27
Pages used: p.17
Open source →Overseas expansion
Kikkoman Corporation
Open source →Kikkoman Holds Grand Opening Ceremony for Third U.S. Plant
Kikkoman Corporation · 2026-09-18
Open source →Asian Food Wholesale Business
Kikkoman Corporation
Open source →