trending Market Intelligence /marketintelligence/en/news-insights/trending/zMBhe6d-LOSaRjKQLdpUGw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ajinomoto fiscal Q1 profit falls YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining


Ajinomoto fiscal Q1 profit falls YOY

Ajinomoto Co. Inc. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥20.49 per share, a decrease of 9.0% from ¥22.52 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥11.84 billion, a decrease of 11.2% from ¥13.32 billion in the year-earlier period.

The normalized profit margin fell to 4.5% from 4.6% in the year-earlier period.

Total revenue fell 10.0% year over year to ¥262.92 billion from ¥292.26 billion, and total operating expenses fell 9.7% from the prior-year period to ¥242.37 billion from ¥268.46 billion.

Reported net income fell 57.7% year over year to ¥13.78 billion, or ¥23.85 per share, from ¥32.53 billion, or ¥54.97 per share.

As of Aug. 10, US$1 was equivalent to ¥101.31.