KADOYA SESAME MILLS INCORPORATED
2612・Standard Market・Foods
Sesame Oil Business
The core segment of Kadoya Sesame Mills, covering household, commercial, and export sesame oil.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year, FY2026 (ending March 2026)) | ¥31,401 million | ¥31,081 million | ↑ |
| Segment profit (full year, FY2026 (ending March 2026)) | ¥3,625 million | ¥2,874 million | ↑ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥22,692 million | ¥23,726 million | ↓ |
| Depreciation (full year, FY2026 (ending March 2026)) | ¥918 million | ¥963 million | ↓ |
| Sales volume YoY (full year, FY2026 (ending March 2026)) | 103.0% | 102.9% | ↑ |
| Segment profit margin (full year, FY2026 (ending March 2026)) | 11.5% | 9.2% | ↑ |
Business Details
This segment manufactures and sells sesame oil for household and commercial use, as well as defatted sesame, a by-product generated during the sesame oil production process. Domestically, the business covers household use (pure and blended sesame oil) and commercial use (for restaurant chains and processing users), while exports focus mainly on North America with global expansion underway. In FY2026 (ending March 2026), net sales were ¥31,401 million, accounting for approximately 78.4% of consolidated net sales, making this the core business. Profitability improved substantially due to a decline in main raw material prices and increased sales volume.
Recent Overview
A combination of lower main raw material prices and increased volume led to a significant improvement in segment profit, up ¥750 million year on year.
In the sesame oil business for FY2026 (ending March 2026), sales volume increased 3.0% year on year, while cost of sales improved due to lower main raw material prices, resulting in a significant profit increase with segment profit reaching ¥3,625 million (up ¥750 million year on year). For household use, brand value messaging through web video ads and TV commercials was effective; for commercial use, expanded new adoptions by restaurant chains contributed; and for exports, strengthened sales and marketing through the U.S. subsidiary Kadoya America Inc. paid off. On the other hand, an impairment loss of ¥112 million on fixed assets was recorded in the sesame oil business segment.
Key Products
Growth Drivers
- Cost improvement effects from lower main raw material prices (cost of sales fell below the prior year in FY2026 (ending March 2026), improving per-unit product profitability)
- Continued increase in sales volume (full year FY2026 (ending March 2026): up 3.0% year on year)
- Export expansion through strengthened sales and marketing structure via the North American subsidiary Kadoya America Inc.
- Growth in commercial demand from new adoptions by restaurant chains and expansion of existing transactions
- Revenue diversification through development of new categories such as the defatted sesame upcycling business and protein business
- Creation of new usage occasions for sesame oil through promotion of tabletop placement initiatives at restaurants
- Expansion of the fan shareholder base through introduction of a DOE-based dividend policy and implementation of a stock split
Risks
- Cost pressure from rising sesame raw material prices and a weaker yen trend increasing raw material costs
- Changes in the competitive environment for exports and demand uncertainty due to shifts in U.S. tariff policy
- Suppression of household demand due to continued consumer thrift and rising prices
- Impact on commercial sales from fluctuations in inbound demand, including a decrease in Chinese group tour customers
- Risk of fixed asset impairment in the sesame oil business segment (¥112 million recorded in FY2026 (ending March 2026))
- Risk of delays in allergen response and application development for the protein business (defatted sesame upcycling)
- Cost pressure from geopolitical risks and persistently high energy and logistics costs
Last updated: June 19, 2026