Financials
Kewpie: 35 fiscal years of results, 1991–2025
- Revenue · FYE Nov 2025
- ¥513bn
- Operating profit · FYE Nov 2025
- ¥35bn
- Net profit · FYE Nov 2025
- ¥31bn
- Total assets
- ¥481bn
- Equity ratio
- 67.4%
- Fiscal years on record
- 35 · 1991–2025
This page carries 35 fiscal years of results, from 1991 to 2025. Revenue peaked in 2018 and has not returned to that level since. The company reported a net loss in one year: 2000.
Kewpie: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)| Fiscal year | Unit | 1991 *1 FYE Nov | 1992 *1 FYE Nov | 1993 *1 FYE Nov | 1994 *1 FYE Nov | 1995 *1 FYE Nov | 1996 *1 FYE Nov | 1997 *1 FYE Nov | 1998 *1 FYE Nov | 1999 *1 FYE Nov | 2000 *1 FYE Nov | 2001 FYE Nov | 2002 FYE Nov | 2003 FYE Nov | 2004 FYE Nov | 2005 FYE Nov | 2006 FYE Nov | 2007 FYE Nov | 2008 FYE Nov | 2009 FYE Nov | 2010 FYE Nov | 2011 FYE Nov | 2012 FYE Nov | 2013 FYE Nov | 2014 FYE Nov | 2015 FYE Nov | 2016 FYE Nov | 2017 FYE Nov | 2018 FYE Nov | 2019 FYE Nov | 2020 FYE Nov | 2021 FYE Nov | 2022 FYE Nov | 2023 FYE Nov | 2024 FYE Nov | 2025 FYE Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥279bn | ¥283bn | ¥286bn | ¥303bn | ¥312bn | ¥339bn | ¥366bn | ¥373bn | ¥378bn | ¥384bn | ¥397bn | ¥435bn | ¥437bn | ¥424bn | ¥455bn | ¥456bn | ¥468bn | ¥474bn | ¥452bn | ¥471bn | ¥486bn | ¥505bn | ¥531bn | ¥553bn | ¥550bn | ¥552bn | ¥562bn | ¥574bn | ¥546bn | ¥531bn | ¥407bn | ¥430bn | ¥455bn | ¥484bn | ¥513bn |
| YoY | % | — | +1.2% | +1.2% | +6.1% | +2.9% | +8.7% | +8.0% | +2.0% | +1.1% | +1.8% | +3.2% | +9.5% | +0.6% | -3.0% | +7.4% | +0.2% | +2.6% | +1.3% | -4.6% | +4.2% | +3.3% | +3.8% | +5.0% | +4.3% | -0.7% | +0.5% | +1.7% | +2.1% | -4.8% | -2.7% | -23.4% | +5.7% | +5.8% | +6.4% | +6.1% |
| Operating profit | JPY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ¥26bn | ¥30bn | ¥31bn | ¥33bn | ¥32bn | ¥28bn | ¥28bn | ¥25bn | ¥20bn | ¥34bn | ¥35bn |
| YoY | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | +12.9% | +5.0% | +5.8% | -3.3% | -11.6% | -1.1% | -9.3% | -22.4% | +74.1% | +0.9% |
| Ordinary profit | JPY | ¥8.9bn | ¥10bn | ¥11bn | ¥12bn | ¥10bn | ¥11bn | ¥11bn | ¥12bn | ¥14bn | ¥15bn | ¥17bn | ¥18bn | ¥18bn | ¥16bn | ¥13bn | ¥14bn | ¥16bn | ¥14bn | ¥18bn | ¥23bn | ¥22bn | ¥25bn | ¥24bn | ¥25bn | ¥27bn | ¥31bn | ¥33bn | ¥34bn | ¥33bn | ¥29bn | ¥30bn | ¥27bn | ¥21bn | ¥37bn | ¥37bn |
| Net profit | JPY | ¥3.6bn | ¥4.7bn | ¥5.3bn | ¥5.5bn | ¥4.2bn | ¥4.7bn | ¥4.6bn | ¥2.6bn | ¥5.2bn | -¥1.3bn | ¥8.0bn | ¥9.3bn | ¥8.7bn | ¥7.0bn | ¥5.5bn | ¥6.1bn | ¥7.3bn | ¥7.7bn | ¥9.0bn | ¥11bn | ¥9.4bn | ¥12bn | ¥13bn | ¥13bn | ¥17bn | ¥17bn | ¥18bn | ¥18bn | ¥19bn | ¥12bn | ¥18bn | ¥16bn | ¥13bn | ¥21bn | ¥31bn |
| YoY | % | — | +30.6% | +12.8% | +3.8% | -23.6% | +11.9% | -2.1% | -43.5% | +100.0% | -125.0% | — | +16.3% | -6.5% | -19.5% | -21.4% | +10.9% | +19.7% | +5.5% | +16.9% | +17.8% | -11.3% | +30.9% | +2.4% | +6.3% | +26.9% | +0.6% | +5.8% | +1.1% | +2.2% | -38.0% | +55.2% | -11.1% | -17.5% | +62.1% | +42.5% |
| Operating margin | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4.8% | 5.4% | 5.6% | 5.8% | 5.9% | 5.3% | 6.9% | 5.9% | 4.3% | 7.1% | 6.7% |
| Net margin | % | 1.3% | 1.7% | 1.9% | 1.8% | 1.3% | 1.4% | 1.3% | 0.7% | 1.4% | -0.3% | 2.0% | 2.1% | 2.0% | 1.7% | 1.2% | 1.3% | 1.6% | 1.6% | 2.0% | 2.3% | 1.9% | 2.4% | 2.4% | 2.4% | 3.1% | 3.1% | 3.2% | 3.2% | 3.4% | 2.2% | 4.4% | 3.7% | 2.9% | 4.4% | 5.9% |
| Standard | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | Japanese GAAP | |
| Basis | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated | Consolidated |
- *1 Kaisha Nenkan (Company Yearbook), 2002 edition
Cost structure Cost of sales SG&A Operating profit Operating margin
Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)
| Fiscal year | Unit | 2015 *1 FYE Nov | 2016 *1 FYE Nov | 2017 *1 FYE Nov | 2018 *1 FYE Nov | 2019 *1 FYE Nov | 2020 *1 FYE Nov | 2021 *1 FYE Nov | 2022 *1 FYE Nov | 2023 *1 FYE Nov | 2024 *1 FYE Nov | 2025 *1 FYE Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | JPY | ¥550bn | ¥552bn | ¥562bn | ¥574bn | ¥546bn | ¥531bn | ¥407bn | ¥430bn | ¥455bn | ¥484bn | ¥513bn |
| YoY | % | — | +0.5% | +1.7% | +2.1% | -4.8% | -2.7% | -23.4% | +5.7% | +5.8% | +6.4% | +6.1% |
| Cost of sales | JPY | ¥432bn | ¥429bn | ¥433bn | ¥440bn | ¥413bn | ¥406bn | ¥283bn | ¥306bn | ¥333bn | ¥336bn | ¥362bn |
| SG&A | JPY | ¥91bn | ¥94bn | ¥98bn | ¥100bn | ¥101bn | ¥97bn | ¥96bn | ¥99bn | ¥103bn | ¥113bn | ¥116bn |
| Operating profit | JPY | ¥26bn | ¥30bn | ¥31bn | ¥33bn | ¥32bn | ¥28bn | ¥28bn | ¥25bn | ¥20bn | ¥34bn | ¥35bn |
| YoY | % | — | +13.1% | +4.8% | +5.8% | -3.1% | -11.7% | -1.2% | -9.1% | -22.6% | +74.3% | +0.9% |
| Operating margin | % | 4.8% | 5.4% | 5.6% | 5.8% | 5.9% | 5.3% | 6.9% | 5.9% | 4.3% | 7.1% | 6.7% |
| Change | pp | — | +0.6pp | +0.2pp | +0.2pp | +0.1pp | -0.6pp | +1.6pp | -1.0pp | -1.6pp | +2.8pp | -0.4pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio
Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)
| Fiscal year | Unit | 2012 *1 FYE Nov | 2013 *1 FYE Nov | 2014 *1 FYE Nov | 2015 *1 FYE Nov | 2016 *1 FYE Nov | 2017 *1 FYE Nov | 2018 *1 FYE Nov | 2019 *1 FYE Nov | 2020 *1 FYE Nov | 2021 *1 FYE Nov | 2022 *1 FYE Nov | 2023 *1 FYE Nov | 2024 *1 FYE Nov | 2025 *1 FYE Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | JPY | ¥307bn | ¥335bn | ¥357bn | ¥371bn | ¥384bn | ¥418bn | ¥420bn | ¥444bn | ¥454bn | ¥381bn | ¥403bn | ¥426bn | ¥462bn | ¥481bn |
| YoY | % | — | +9.2% | +6.7% | +4.1% | +3.4% | +8.7% | +0.5% | +5.9% | +2.2% | -16.1% | +5.9% | +5.6% | +8.5% | +3.9% |
| Equity | JPY | ¥196bn | ¥210bn | ¥220bn | ¥213bn | ¥213bn | ¥226bn | ¥226bn | ¥236bn | ¥240bn | ¥246bn | ¥268bn | ¥282bn | ¥302bn | ¥324bn |
| YoY | % | — | +7.3% | +4.8% | -3.4% | -0.1% | +6.5% | 0.0% | +4.1% | +1.8% | +2.5% | +9.0% | +5.3% | +7.2% | +7.2% |
| Interest-bearing debt | JPY | — | — | — | ¥15bn | ¥21bn | ¥44bn | ¥46bn | ¥50bn | ¥64bn | ¥28bn | ¥19bn | ¥18bn | ¥7.8bn | ¥7.2bn |
| Equity ratio | % | 63.9% | 62.8% | 61.7% | 57.3% | 55.3% | 54.2% | 53.9% | 53.0% | 52.8% | 64.5% | 66.4% | 66.2% | 65.4% | 67.4% |
| Change | pp | — | -1.1pp | -1.1pp | -4.4pp | -2.0pp | -1.1pp | -0.3pp | -0.9pp | -0.2pp | +11.7pp | +1.9pp | -0.2pp | -0.8pp | +2.0pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF
Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)
| Fiscal year | Unit | 2001 *1 FYE Nov | 2002 *1 FYE Nov | 2003 *1 FYE Nov | 2004 *1 FYE Nov | 2005 *1 FYE Nov | 2006 *1 FYE Nov | 2007 *1 FYE Nov | 2008 *1 FYE Nov | 2009 *1 FYE Nov | 2010 *1 FYE Nov | 2011 *1 FYE Nov | 2012 *1 FYE Nov | 2013 *1 FYE Nov | 2014 *1 FYE Nov | 2015 *1 FYE Nov | 2016 *1 FYE Nov | 2017 *1 FYE Nov | 2018 *1 FYE Nov | 2019 *1 FYE Nov | 2020 *1 FYE Nov | 2021 *1 FYE Nov | 2022 *1 FYE Nov | 2023 *1 FYE Nov | 2024 *1 FYE Nov | 2025 *1 FYE Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | JPY | ¥20bn | ¥23bn | ¥19bn | ¥17bn | ¥16bn | ¥21bn | ¥22bn | ¥14bn | ¥31bn | ¥26bn | ¥23bn | ¥33bn | ¥27bn | ¥34bn | ¥28bn | ¥45bn | ¥27bn | ¥42bn | ¥44bn | ¥35bn | ¥39bn | ¥27bn | ¥24bn | ¥63bn | ¥32bn |
| YoY | % | — | +16.5% | -18.7% | -6.3% | -9.7% | +36.7% | +4.1% | -35.2% | +116.4% | -17.8% | -9.0% | +42.0% | -17.7% | +25.7% | -18.3% | +61.1% | -39.8% | +53.4% | +5.1% | -20.4% | +10.2% | -29.4% | -12.8% | +166.1% | -49.6% |
| Investing CF | JPY | -¥15bn | -¥25bn | -¥13bn | -¥13bn | -¥12bn | -¥17bn | -¥11bn | -¥9.7bn | -¥12bn | -¥15bn | -¥12bn | -¥24bn | -¥22bn | -¥31bn | -¥31bn | -¥32bn | -¥31bn | -¥20bn | -¥30bn | -¥26bn | -¥20bn | -¥16bn | -¥18bn | -¥24bn | -¥17bn |
| Financing CF | JPY | -¥17bn | -¥6.9bn | -¥2.1bn | -¥8.1bn | -¥7.4bn | ¥3.2bn | -¥2.8bn | -¥5.7bn | -¥18bn | -¥5.4bn | -¥20bn | ¥7.0bn | -¥2.3bn | -¥3.1bn | -¥7.1bn | -¥5.8bn | ¥4.0bn | -¥15bn | -¥4.6bn | ¥0.0bn | -¥19bn | -¥17bn | -¥9.5bn | -¥21bn | -¥30bn |
| Cash & equivalents | JPY | ¥24bn | ¥17bn | ¥20bn | ¥16bn | ¥13bn | ¥21bn | ¥28bn | ¥27bn | ¥28bn | ¥33bn | ¥25bn | ¥40bn | ¥44bn | ¥45bn | ¥35bn | ¥41bn | ¥41bn | ¥48bn | ¥57bn | ¥66bn | ¥67bn | ¥65bn | ¥62bn | ¥81bn | ¥66bn |
| YoY | % | — | -29.7% | +17.2% | -17.2% | -20.2% | +61.6% | +30.6% | -3.6% | +4.2% | +19.0% | -26.0% | +64.8% | +8.9% | +1.9% | -22.2% | +17.1% | +1.5% | +15.8% | +18.4% | +15.9% | +1.4% | -2.1% | -4.4% | +29.0% | -18.2% |
- *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio
Profitability and balance-sheet strength (%). ROE uses year-end equity.
| Fiscal year | Unit | 2001 *1 FYE Nov | 2002 *1 FYE Nov | 2003 *1 FYE Nov | 2004 *1 FYE Nov | 2005 *1 FYE Nov | 2006 *1 FYE Nov | 2007 *1 FYE Nov | 2008 *1 FYE Nov | 2009 *1 FYE Nov | 2010 *1 FYE Nov | 2011 *1 FYE Nov | 2012 *1 FYE Nov | 2013 *1 FYE Nov | 2014 *1 FYE Nov | 2015 *1 FYE Nov | 2016 *1 FYE Nov | 2017 *1 FYE Nov | 2018 *1 FYE Nov | 2019 *1 FYE Nov | 2020 *1 FYE Nov | 2021 *1 FYE Nov | 2022 *1 FYE Nov | 2023 *1 FYE Nov | 2024 *1 FYE Nov | 2025 *1 FYE Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | % | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4.8% | 5.4% | 5.6% | 5.8% | 5.9% | 5.3% | 6.9% | 5.9% | 4.3% | 7.1% | 6.7% |
| Change | pp | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | +0.6pp | +0.2pp | +0.2pp | +0.1pp | -0.6pp | +1.6pp | -1.0pp | -1.6pp | +2.8pp | -0.4pp |
| Net margin | % | 2.0% | 2.1% | 2.0% | 1.7% | 1.2% | 1.3% | 1.6% | 1.6% | 2.0% | 2.3% | 1.9% | 2.4% | 2.4% | 2.4% | 3.1% | 3.1% | 3.2% | 3.2% | 3.4% | 2.2% | 4.4% | 3.7% | 2.9% | 4.4% | 5.9% |
| Change | pp | — | +0.1pp | -0.1pp | -0.3pp | -0.5pp | +0.1pp | +0.3pp | 0.0pp | +0.4pp | +0.3pp | -0.4pp | +0.5pp | 0.0pp | 0.0pp | +0.7pp | 0.0pp | +0.1pp | 0.0pp | +0.2pp | -1.2pp | +2.2pp | -0.7pp | -0.8pp | +1.5pp | +1.5pp |
| ROE | % | — | — | — | — | — | — | — | — | — | — | — | 6.3% | 6.0% | 6.1% | 8.0% | 8.0% | 8.0% | 8.1% | 7.9% | 4.8% | 7.3% | 6.0% | 4.7% | 7.1% | 9.4% |
| Change | pp | — | — | — | — | — | — | — | — | — | — | — | — | -0.3pp | +0.1pp | +1.9pp | 0.0pp | 0.0pp | +0.1pp | -0.2pp | -3.1pp | +2.5pp | -1.3pp | -1.3pp | +2.4pp | +2.3pp |
| Equity ratio | % | — | — | — | — | — | — | — | — | — | — | — | 63.9% | 62.8% | 61.7% | 57.3% | 55.3% | 54.2% | 53.9% | 53.0% | 52.8% | 64.5% | 66.4% | 66.2% | 65.4% | 67.4% |
| Change | pp | — | — | — | — | — | — | — | — | — | — | — | — | -1.1pp | -1.1pp | -4.4pp | -2.0pp | -1.1pp | -0.3pp | -0.9pp | -0.2pp | +11.7pp | +1.9pp | -0.2pp | -0.8pp | +2.0pp |
- *1 Securities report (yuka shoken hokokusho), as filed
Revenue in US dollars Revenue (US$m)
The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.
Between 1991–2025, Kewpie’s revenue grew 1.8-fold in yen (1.8% a year). Converted at each year’s own average rate, the same span is 1.7-fold in dollars (1.5% a year), from $2.1bn to $3.4bn. The two are close, so little of the growth is a currency effect.
| Fiscal year | Unit | 1991 *4 FYE Nov | 1992 *4 FYE Nov | 1993 *4 FYE Nov | 1994 *4 FYE Nov | 1995 *4 FYE Nov | 1996 *4 FYE Nov | 1997 *4 FYE Nov | 1998 *4 FYE Nov | 1999 *4 FYE Nov | 2000 *4 FYE Nov | 2001 *4 FYE Nov | 2002 *4 FYE Nov | 2003 *4 FYE Nov | 2004 *4 FYE Nov | 2005 *4 FYE Nov | 2006 *4 FYE Nov | 2007 *4 FYE Nov | 2008 *4 FYE Nov | 2009 *4 FYE Nov | 2010 *4 FYE Nov | 2011 *4 FYE Nov | 2012 *4 FYE Nov | 2013 *4 FYE Nov | 2014 *4 FYE Nov | 2015 *4 FYE Nov | 2016 *4 FYE Nov | 2017 *4 FYE Nov | 2018 *4 FYE Nov | 2019 *4 FYE Nov | 2020 *4 FYE Nov | 2021 *4 FYE Nov | 2022 *4 FYE Nov | 2023 *4 FYE Nov | 2024 *4 FYE Nov | 2025 *4 FYE Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | USD | $2.1bn | $2.2bn | $2.6bn | $3.0bn | $3.3bn | $3.1bn | $3.0bn | $2.9bn | $3.3bn | $3.6bn | $3.3bn | $3.5bn | $3.8bn | $3.9bn | $4.1bn | $3.9bn | $4.0bn | $4.6bn | $4.8bn | $5.4bn | $6.1bn | $6.3bn | $5.4bn | $5.2bn | $4.5bn | $5.1bn | $5.0bn | $5.2bn | $5.0bn | $5.0bn | $3.7bn | $3.3bn | $3.2bn | $3.2bn | $3.4bn |
| YoY | % | — | +7.4% | +15.3% | +15.3% | +11.8% | -6.0% | -2.9% | -5.7% | +16.3% | +7.5% | -8.5% | +6.2% | +8.7% | +3.9% | +5.4% | -5.0% | +1.3% | +15.4% | +5.4% | +11.0% | +13.6% | +3.8% | -14.1% | -3.8% | -13.1% | +11.7% | -1.3% | +3.7% | -3.6% | -0.6% | -25.5% | -11.7% | -1.1% | -1.4% | +7.4% |
| Revenue as filed | JPY | ¥279bn | ¥283bn | ¥286bn | ¥303bn | ¥312bn | ¥339bn | ¥366bn | ¥373bn | ¥378bn | ¥384bn | ¥397bn | ¥435bn | ¥437bn | ¥424bn | ¥455bn | ¥456bn | ¥468bn | ¥474bn | ¥452bn | ¥471bn | ¥486bn | ¥505bn | ¥531bn | ¥553bn | ¥550bn | ¥552bn | ¥562bn | ¥574bn | ¥546bn | ¥531bn | ¥407bn | ¥430bn | ¥455bn | ¥484bn | ¥513bn |
| Rate applied | ¥/US$ | ¥134.51 | ¥126.67 | ¥111.18 | ¥102.22 | ¥94.05 | ¥108.77 | ¥121.02 | ¥130.89 | ¥113.84 | ¥107.74 | ¥121.52 | ¥125.28 | ¥115.92 | ¥108.16 | ¥110.15 | ¥116.28 | ¥117.77 | ¥103.33 | ¥93.53 | ¥87.77 | ¥79.78 | ¥79.79 | ¥97.60 | ¥105.84 | ¥121.02 | ¥108.84 | ¥112.16 | ¥110.40 | ¥109.01 | ¥106.78 | ¥109.78 | ¥131.37 | ¥140.51 | ¥151.50 | ¥149.65 |
- *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
- *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
- *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
- *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
- *5 Provisional — part-year average, not a full calendar year.
Reporting basis
Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.
Every year on record was filed on the same basis — consolidated Japanese GAAP — so the series is comparable end to end.
| Fiscal years | Standard | Basis | Years |
|---|---|---|---|
| 1991–2025 | Japanese GAAP | consolidated | 35 |
All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →
Read the company history → 日本語版（詳細）— full financial data in Japanese →
Data API
Kewpie’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
/api/2809/manifest.json ·/api/2809/history.json ·/api/2809/timeline.json ·/api/2809/decisions.json ·/api/2809/executives.json ·/api/2809/shareholders.json ·/api/2809/financials.json ·/api/2809/financials-longterm.json ·/api/2809/segments.json ·/api/2809/regions.json ·/api/2809/workforce.json · /api/2809/decisions/{slug}.json