ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Consumer Non-Durables

Ajinomoto Co., Inc.

  • 1,797.00 JPY
  • -2.00
  • -0.11%
  • Japan
    Jul 23, 2019
  • Ticker
    TKS(2802)
  • Prev. close
    1,799
  • Market cap (JPY)
    987,944.79M
  • Market cap (USD)
    9,137.48M
  • Shares
    549.16M

Business Summary

Ajinomoto Co., Inc. engages in the manufacture, distribution, and sale of food products, amino acids, and pharmaceuticals. It operates through the following segments: Domestic Food Products, Overseas Food Products, Life Support, Healthcare and Others. The Domestic Food Products segment includes seasonings and processed foods, and frozen foods. The Overseas Food Products segment provides consumer foods, which include flavor seasonings and instant noodles; and umami seasonings for processed food manufacturers. The Life Support segment offers feed-use amino acids, amino acids for pharmaceuticals and foods, sweeteners, pharmaceutical fine chemicals, and specialty chemicals. The Healthcare segment handles medical foods and pharmaceuticals. The Others segment covers the packaging materials business, healthcare business, partnership business, logistics, and other services. The company was founded by Saburosuke Suzuki II on May 20, 1909 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue1,127.48B10,167.15M
Gross Profit382,007M3,444.77M
Operating income92,776M836.61M
Income before tax54,202M488.77M
Net income27,276M245.96M
EBITDA145,261M1,309.90M
Diluted EPS53.610.48
Dividends Per Share320.28
Total Assets1,393.86B12,593.11M
Total liabilities707,904M6,395.66M
Total equity610,543M5,516.04M
Operating cash flow123,256M1,111.46M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,006.63B 1,149.42B 1,091.19B 1,114.78B 1,127.48B
Gross Profit 335,392M 377,368M 374,412M 381,827M 382,007M
Operating income 74,519M 95,816M 87,130M 91,084M 92,776M
Income before tax 79,049M 98,778M 86,684M 80,819M 54,202M
Net income 46,495M 68,504M 53,065M 57,533M 27,276M
EBITDA 120,096M 147,680M 133,782M 142,867M 145,261M
Diluted EPS 78.54 121.23 92.81 105.75 53.61
Dividends Per Share 24 28 30 32 32
Total Assets 1,255.09B 1,273.89B 1,350.10B 1,426.23B 1,393.86B
Total liabilities 511,601M 593,161M 659,428M 705,612M 707,904M
Total equity 669,576M 609,486M 616,315M 640,833M 610,543M
Operating cash flow 109,259M 129,311M 108,907M 126,655M 123,256M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 9,163.13M 9,571.83M 10,076.83M 10,058.28M 10,167.15M
Gross Profit 3,053.00M 3,142.52M 3,457.57M 3,445.08M 3,444.77M
Operating income 678.33M 797.90M 804.61M 821.81M 836.61M
Income before tax 719.56M 822.57M 800.49M 729.19M 488.77M
Net income 423.23M 570.46M 490.03M 519.09M 245.96M
EBITDA 1,093.20M 1,229.80M 1,235.43M 1,289.03M 1,309.90M
Diluted EPS 0.71 1.00 0.85 0.95 0.48
Dividends Per Share 0.21 0.23 0.27 0.28 0.28
Total Assets 10,465.62M 11,334.07M 12,116.17M 13,410.71M 12,593.11M
Total liabilities 4,266.00M 5,277.46M 5,917.86M 6,634.80M 6,395.66M
Total equity 5,583.28M 5,422.71M 5,530.96M 6,025.69M 5,516.04M
Operating cash flow 994.56M 1,076.83M 1,005.72M 1,142.76M 1,111.46M

Valuation Measures

Mar 2019
PER32.99
ROA1.93%
ROE4.35%
Operating margin8.22%
Profit margin2.41%

Key executives

  • President, CEO & Representative Director: Takaaki Nishii
  • Manager-Research & Development Planning: Kazuya Onomichi
  • Representative Director & Executive Vice President: Tamotsu Iwamoto
  • Executive Officer: Chiaki Nosaka
  • Executive Officer & Manager-Human Resources: Yoshimasa Yoshimiya

Shareholders

  • Dai-ichi Life Holdings, Inc. (4.7%)
  • Nippon Life Insurance Co. (4.6%)
  • Mitsubishi UFJ Financial Group, Inc. (4.1%)
  • Nomura Asset Management Co., Ltd. (3.8%)
  • Asset Management One Co., Ltd. (3.4%)
  • Nikko Asset Management Co., Ltd. (2.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.3%)
  • The Vanguard Group, Inc. (2.3%)
  • Meiji Yasuda Life Insurance Co. (2.2%)
  • BlackRock Investment Management LLC (1.8%)

Contact Details

Related Companies

  • Ajinomoto Genexine Co. Ltd.
  • Ajinomoto Foods North America, Inc.
  • Ajinomoto Board Incentive Plan
  • Delica Ace Corp.
  • Ajinomoto Bakery Co., Ltd.
  • Orgen Gida Sanayi Ve Ticaret AS
  • Ace Pack (Thailand) Co. Ltd.
  • Althea SARL
  • Ajinomoto Phlippines Global Food, Inc.
  • Ajinomoto SEA Regional Headquarters Co. Ltd.
  • Si Ayutthaya Real Estate Co. Ltd.
  • Amoy North America, Inc.
  • Shenzhen Amoy Foods Co. Ltd.
  • FD Green (Thailand) Co. Ltd.
  • Xiamen Ajinomoto Life Ideal Foods Co. Ltd.
  • Shanghai Ajinomoto Food Research & Development Center Co. Ltd.
  • Ajinomoto (Cambodia) Co. Ltd.
  • Ajinomoto Istanbul Food Sales Ltd.
  • Ajinomoto Frozen Foods (Thailand) Co. Ltd.
  • Ajinomoto Animal Nutrition (Singapore) Pte Ltd.
  • Lianyungang Ajinomoto Frozen Foods Co. Ltd.
  • Lianyungang Ajinomoto Ruyi Foods Co. Ltd.
  • GeneDesign, Inc.
  • PT Ajinex International
  • Ajinomoto India Pvt Ltd.
  • Ajinomoto de Mexico S de RL de CV
  • Henan Ajinomoto Amino Acid Co. Ltd.
  • Shanghai Ajinomoto Seasoning Co. Ltd.
  • Ajinomoto Co. (Hong Kong) Ltd.
  • Ajinomoto Sales (Thailand) Co. Ltd.

Competitors

  • Evonik Industries AG
  • Star Lake Bioscience Co., Inc. Class A
  • MeiHua Holdings Group Co Ltd. Class A
  • Daesang Corporation
  • CJ CheilJedang Corporation
  • Mitsubishi Corporation
  • CJ Corporation
  • Archer-Daniels-Midland Company
  • Fufeng Group Limited
  • Global Bio-chem Technology Group Co. Ltd.
  • Vedan International (Holdings) Ltd.
  • KENKO Mayonnaise Co., Ltd.
  • Grupo Bimbo SAB de CV Class A
  • Celanese Corporation
  • Emergent BioSolutions Inc.
  • Japan Tobacco Inc.
  • Axcella Health, Inc.
Last Updated on 23 Jul, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media