Ajinomoto forecasts 11% decline in net profit for fiscal year ending March 2027, but plans 2-yen dividend increase

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Thu May 7, 2026 5:27 pm JST Catalyst

Ajinomoto Co., Inc. <2802> announced its consolidated earnings forecast for the fiscal year ending March 2027 after the close of trading, projecting sales of 1,723.0 billion yen (up 8.8% year-on-year) and net profit of 120.0 billion yen (down 10.9% year-on-year). While business profit, which represents core earnings, is expected to increase to 197.0 billion yen (up 8.7% year-on-year), the company forecasts a decline in net profit due to the absence of gains from the sale of land and buildings at its head office recorded in the previous fiscal year. The company plans to pay a dividend of 50 yen, an increase of 2 yen from the previous fiscal year.

For the current fiscal year, the company expects sustained growth in domestic and overseas BtoC seasonings and other products, with stable growth continuing across the entire seasonings and food business, as well as increased revenue and profit in the frozen food business. In addition, the healthcare and other business, including the semiconductor material ABF (Ajinomoto Build-up Film), is expected to see significant profit increases driven by the trend toward larger and more multilayered package substrates. The company noted that it has not factored in the impact of escalating tensions in the Middle East due to the uncertain outlook, and if any impact occurs on procurement or costs, it will seek to minimize effects through cost reduction and flexible pricing measures.

For the fiscal year ended March 2026, sales totaled 1,583.7 billion yen (up 3.5% year-on-year) and net profit was 134.675 billion yen (up 91.6% year-on-year).

Simultaneously, the company announced the acquisition of land for a new factory to expand ABF production capacity. Through its subsidiary Ajinomoto Fine-Techno Co., Inc., Ajinomoto will invest approximately 1.2 billion yen to acquire factory land in Kani City, Gifu Prefecture. Construction is scheduled to begin in 2028, with operations expected to commence in 2032.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.