Yakult Honsha Co Ltd
TSE:2267

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Yakult Honsha Co Ltd Logo
Yakult Honsha Co Ltd
TSE:2267
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Price: 2 375 JPY -1.74%
Market Cap: 788.5B JPY

Yakult Honsha Co Ltd
Investor Relations

Yakult Honsha Co., Ltd., a company rooted in Japanese tradition and scientific innovation, has become a global powerhouse in the probiotics industry. The journey began in 1935 when microbiologist Minoru Shirota pioneered the development of a fermented milk drink containing a unique strain of bacteria, Lactobacillus casei Shirota. This visionary endeavor aimed to improve gut health utilizing the principles of preventive medicine, a novel concept at the time. Yakult's flagship product, a small, iconic bottle of sweet-tasting probiotic milk, swiftly captured the attention and trust of Japanese consumers, setting the company on a trajectory of continuous growth and worldwide expansion. The company leveraged its strong research foundation to consistently innovate its product offerings, ensuring Yakult remained at the forefront of the health and wellness trend.

In the modern marketplace, Yakult's operations exemplify a successful case of strategic internationalization. By maintaining a robust distribution network across more than 40 countries, the company effectively taps into varying health consciousness trends across diverse cultures. Revenue is primarily derived from the sales of its probiotic beverages, which are produced through a time-honored fermentation process. Yakult has strengthened its market position through direct sales strategies, including the hallmark “Yakult Ladies,” who personally deliver products to customers, enhancing consumer engagement and fostering brand loyalty. Beyond beverages, Yakult has diversified its portfolio to include cosmetics and pharmaceuticals, though the probiotic drinks remain its core profit engine. This diversification not only draws on the company's microbiological expertise but also mitigates risk by reducing dependency on a single product line.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 14, 2025
AI Summary
Q2 2026

Sales & Profits Down: Both net sales and all profit levels declined year-on-year in the first half, with weakness in both domestic and overseas businesses.

Domestic Headwinds: Japan saw lower sales volumes for core dairy products, including Yakult 1000, due to weak consumer sentiment, tough competition, and weather impacts.

Overseas Mixed: Overseas sales volumes grew but profits fell due to higher costs and negative foreign exchange effects. The Americas and Asia/Oceania regions faced currency headwinds.

Guidance Cut: Management revised full-year forecasts down for net sales, operating profit, and ordinary profit due to H1 underperformance and persistent macro pressures.

Dividend Raised: Interim dividend increased by JPY 1 to JPY 33, and full-year dividend projected at JPY 66, up JPY 2 from last year.

Product Initiatives: New flavors and low-carb versions launched to stimulate demand, with early signs of success for some products.

Recovery Plans: Company aims to recover in H2 with focused sales campaigns and new advertising, especially in Japan, while leveraging growth opportunities abroad.

Key Financials
Net Sales
JPY 241.1 billion
Operating Profit
JPY 25.3 billion
Interim Dividend
JPY 33
Full-Year Dividend
JPY 66
Total Assets
JPY 817 billion
Equity Ratio
68.8%
Japan Daily Dairy Product Sales Volume
9.16 million bottles
Yakult 1000 Daily Sales Volume
2.97 million bottles
New Yakult Daily Sales Volume
2.79 million bottles
US Daily Sales Volume
approximately 800,000 bottles
Vietnam Monthly Sales Volume Record
1.5 million bottles
Other Earnings Calls
2026

Management

Mr. Hiroshi Narita
Chairman, President & Executive Officer
No Bio Available
Hideaki Hoshiko
Senior Managing Executive Officers, GM of Administration Headquarters & Director
No Bio Available
Koichi Hirano
Senior Managing Executive Officer, GM of Research and Development Division & Director
No Bio Available
Masanobu Nanno
Senior Managing Executive Officer
No Bio Available
Masatoshi Nagira
Senior Managing Exec. Officer, GM of Food Business & Cosmetics Business Headquarters and Director
No Bio Available
Yasuyuki Suzuki
Managing Executive Officer, Divisional GM of Production Division & Director
No Bio Available
Shuichi Watanabe
Managing Executive Officer, GM of Pharmaceutical Business Headquarters & Director
No Bio Available
Takao Goto
Managing Executive Officer
No Bio Available
Hiroyuki Kawabata
Managing Executive Officer, Divisional GM of Management Support Division & Director
No Bio Available

Contacts

Address
TOKYO-TO
Minato-ku
2F, WATERS takeshiba, 1-10-30, Kaigan
Contacts
+81366258960.0
www.yakult.co.jp