trending Market Intelligence /marketintelligence/en/news-insights/trending/4BbNg8LXvOrs76-u_XknsA2 content esgSubNav
In This List

Ajinomoto fiscal Q4 profit climbs YOY

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Podcast

Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire

Blog

The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Blog

A Sustainability Framework for Customer and Supplier Credit Risk Management


Ajinomoto fiscal Q4 profit climbs YOY

Ajinomoto Co. Inc. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥9.27 per share, an increase of 6.6% from ¥8.70 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥5.28 billion, a gain from ¥5.06 billion in the year-earlier period.

The normalized profit margin rose to 1.9% from 1.8% in the year-earlier period.

Total revenue fell on an annual basis to ¥279.42 billion from ¥282.73 billion, and total operating expenses decreased on an annual basis to ¥263.34 billion from ¥271.85 billion.

Reported net income came to ¥7.71 billion, or ¥13.54 per share, compared with a loss of ¥17.28 billion, or a loss of ¥29.70 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥77.19 per share, compared to EPS of ¥83.80 in the prior year.

Normalized net income was ¥44.13 billion, a fall from ¥49.28 billion in the prior year.

Full-year total revenue decreased from the prior-year period to ¥1.091 trillion from ¥1.186 trillion, and total operating expenses decreased on an annual basis to ¥1.006 trillion from ¥1.095 trillion.

The company said reported net income decreased year over year to ¥53.06 billion, or ¥92.81 per share, in the full year, from ¥63.59 billion, or ¥108.14 per share.

As of June 27, US$1 was equivalent to ¥112.23.