Kewpie (TSE:2809) up 12% after Q2 2025 earnings
Japan food company hikes dividend, declares special dividend and buybacks
Another stock from Japan announced a big dividend hike, special dividend payment and stock buyback, combined with strong Q2 earnings. Kewpie Corp (TSE:2809) stock jumped 12% this Friday after the Japanese company announced that it will repurchase up to 9.6 million shares (6.91% of total), worth up to 24 billion yen, through May 31, 2026.
For the Dec 2024 – May 2025 period, net profit rose 50.3% to 18.8 billion yen, while operating profit fell 14.4% to 16.1 billion yen due to higher raw material costs. Overseas sales grew 9% in local currencies.
Kewpie Corp is a diversified food manufacturer operating in six segments, producing and selling items like mayonnaise, dressings, egg products, salads, baby food, jams, processed fruits, fine chemicals, and food machinery across retail, food service, and international markets.
Kewpie also announced it will make Aohata (TSE:2830) a wholly owned subsidiary via a share exchange on November 1, pending approval at a shareholders meeting in September.
The interim dividend will be hiked from 23 yen to 27 yen with a 5 yen special dividend. At a stock price of 3,912 yen the dividend yield for Kewpie now stands at 1.7%.
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