Key facts
- Kikkoman's international operations are outperforming its domestic business in terms of profit.
- The company is leveraging its pricing power in markets like the U.S. to drive cash flow.
- Kikkoman has a long history of selling soy sauce internationally.
Japanese soy sauce maker Kikkoman is increasingly focusing on global growth, with its operations in the U.S. and other international markets proving more profitable than its domestic business. The company is utilizing its pricing power in these overseas markets to enhance cash flow. Kikkoman has been producing and selling soy sauce internationally for decades, and this strategy is central to its pursuit of global expansion as it approaches a significant cash flow milestone.