kabutan

Ajinomoto, Apr-Dec (Cumulative 3Q) Net Income Increases by 6%

Mon Feb 3, 2025 3:30 pm JST Earnings

2802 Ajinomoto Co., Inc. 【IFRS】

Earnings Report

Ajinomoto Co., Inc. <2802> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 3rd (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 6.2% from the same period last year, reaching 82.4 billion yen. The progress rate toward the full-year plan of 95 billion yen was 86.8%, it was below the five-year average of 101.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to expand 31.9% from the same period last year, reaching 12.5 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 3.4% from the same period last year, reaching 32.2 billion yen. The operating profit margin rose from 11.8% in the same period last year to 12.3%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 1,026,721 117,719 111,246 76,422 71.3 79.4 Jan 31, 2023 IFRS
Apr - Dec, 2023 1,067,645 117,390 114,444 77,602 74.3 80.6 Feb 6, 2024 IFRS
Apr - Dec, 2024 1,151,035 130,943 127,592 82,441 81.5 ー Feb 3, 2025 IFRS
YoY +7.8% +11.5% +11.5% +6.2% +9.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 751,227 74,024 71,918 40,664 39.1 18.50 May 9, 2024 IFRS
Oct - Mar, 2024 Guidance 788,250 ー ー 44,773 45.0 20 Nov 7, 2024 IFRS
YoY +4.9% － － +10.1% +15.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,359,115 148,928 140,033 94,065 88.0 34 May 11, 2023 IFRS
Mar, 2024 1,439,231 146,682 142,043 87,121 83.7 37 May 9, 2024 IFRS
Mar, 2025 Guidance 1,532,500 ー ー 95,000 95.5 40 Nov 7, 2024 IFRS
YoY +6.5% － － +9.0% +14.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 379,641 44,732 44,319 31,145 29.8 11.8 Feb 6, 2024 IFRS
Jan - Mar, 2024 371,586 29,292 27,599 9,519 9.2 7.9 May 9, 2024 IFRS
Apr - Jun, 2024 365,508 40,805 39,825 23,967 23.5 11.2 Aug 5, 2024 IFRS
Jul - Sep, 2024 378,742 40,065 38,354 26,260 25.9 10.6 Nov 7, 2024 IFRS
Oct - Dec, 2024 406,785 50,073 49,413 32,214 31.9 12.3 Feb 3, 2025 IFRS
YoY +7.1% +11.9% +11.5% +3.4% +6.8%

Related Articles