trending Market Intelligence /marketintelligence/en/news-insights/trending/ysHzHSO6VbnSvsvcMkNoJQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ajinomoto fiscal Q1 profit falls YOY

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

COVID-19 reduces U.S. residential smart meter shipments over the short term but long term still looks positive


Ajinomoto fiscal Q1 profit falls YOY

Ajinomoto Co. Inc. said its normalized net income for the fiscal first quarter ended June 30 came to ¥13.22 per share, compared with ¥13.35 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥7.83 billion, a decrease of 6.3% from ¥8.36 billion in the year-earlier period.

The normalized profit margin declined to 3.4% from 3.5% in the year-earlier period.

Total revenue declined 6.0% year over year to ¥227.58 billion from ¥242.08 billion, and total operating expenses fell 6.1% from the prior-year period to ¥213.69 billion from ¥227.63 billion.

Reported net income decreased on an annual basis to ¥10.95 billion, or ¥18.48 per share, from ¥11.33 billion, or ¥18.11 per share.

As of Aug. 7, US$1 was equivalent to ¥102.16.