Consumer Non-Durables Ajinomoto Co., Inc. 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: Seasoning and Foods, Frozen Foods, Healthcare and Others, and Others. The Seasoning and Foods segment offers spices such as Ajinomoto, Cook Do, Ros Dee, Masako, Aji-ngon, Sazon, SAJIKU, and CRISPY FRY. It also provides nutritional and processed food such as Knorr Cup Soup, YumYum, Blendy, and MAXIM brand products. It also covers ingredients for processed food, bakery products, beverages, and sweeteners. The Frozen Foods segment sells dumplings, rice, noodles, desserts, and processed chicken products. The Healthcare and Others segment deals with amino acids for pharmaceuticals, nutritional food, cosmetic materials, and chemical products. It also handles biopharmaceutical services. The Others segment includes contract manufacturing business, oil and fat-related 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 2022
JPY USD Revenue 1,149.37B 10,228.19M Gross Profit 404,436M 3,599.05M Operating income 119,931M 1,067.26M Income before tax 121,487M 1,081.10M Net income 75,725M 673.87M EBITDA 186,165M 1,656.67M Diluted EPS 139.42 1.24 Dividends Per Share 52 0.46 Total Assets 1,457.06B 12,004.61M Total liabilities 717,312M 5,909.88M Total equity 686,909M 5,659.39M Operating cash flow 145,576M 1,295.47M Currency in JPY Currency in USD
Historical Data Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
1,114.78B
1,114.30B
1,100.03B
1,071.45B
1,149.37B
Gross Profit
381,827M
381,444M
384,968M
386,525M
404,436M
Operating income
91,084M
93,371M
101,591M
111,819M
119,931M
Income before tax
80,819M
54,698M
48,795M
97,003M
121,487M
Net income
57,533M
27,509M
18,643M
59,416M
75,725M
EBITDA
142,867M
145,856M
163,051M
174,864M
186,165M
Diluted EPS
105.75
53.61
34.34
108.32
139.42
Dividends Per Share
32
32
32
42
52
Total Assets
1,426.23B
1,393.86B
1,353.61B
1,431.28B
1,457.06B
Total liabilities
705,612M
707,904M
761,542M
763,440M
717,312M
Total equity
640,833M
610,543M
538,975M
620,257M
686,909M
Operating cash flow
126,655M
123,256M
114,856M
165,650M
145,576M
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
10,058.28M
10,048.34M
10,117.55M
10,102.57M
10,228.19M
Gross Profit
3,445.08M
3,439.69M
3,540.72M
3,644.48M
3,599.05M
Operating income
821.81M
841.97M
934.37M
1,054.32M
1,067.26M
Income before tax
729.19M
493.24M
448.78M
914.62M
1,081.10M
Net income
519.09M
248.06M
171.46M
560.22M
673.87M
EBITDA
1,289.03M
1,315.26M
1,499.65M
1,648.76M
1,656.67M
Diluted EPS
0.95
0.48
0.31
1.02
1.24
Dividends Per Share
0.28
0.28
0.29
0.39
0.46
Total Assets
13,410.71M
12,593.11M
12,538.70M
12,952.84M
12,004.61M
Total liabilities
6,634.80M
6,395.66M
7,054.25M
6,908.95M
5,909.88M
Total equity
6,025.69M
5,516.04M
4,992.58M
5,613.18M
5,659.39M
Operating cash flow
1,142.76M
1,111.46M
1,056.38M
1,561.88M
1,295.47M
Valuation Measures
Mar 2022
PER 24.92 ROA 5.24% ROE 11.58% Operating margin 10.43% Profit margin 6.58%
Key executives
President & Chief Executive Officer:
Taro Fujie
Senior Manager-Finance:
Katsuhide Shirai
Manager-Legal Affairs & Compliance:
Shuhei Takehara
Executive Officer & Manager-Audit:
Takumi Matsuzawa
Director & Senior Managing Executive Officer:
Chiaki Nosaka Shareholders
Nomura Asset Management Co., Ltd. (5.7%)
Dai-ichi Life Holdings, Inc. (4.8%)
Nippon Life Insurance Co. (4.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
Nikko Asset Management Co., Ltd. (2.7%)
Capital Research & Management Co. (World Investors) (2.5%)
Mitsubishi UFJ Financial Group, Inc. (2.3%)
The Vanguard Group, Inc. (2.3%)
Daiwa Asset Management Co. Ltd. (2.2%)
Meiji Yasuda Life Insurance Co. (2.1%)
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Competitors
Mitsubishi Corporation
Daesang Corporation
Archer-Daniels-Midland Company
CJ CheilJedang Corporation
Evonik Industries AG
MeiHua Holdings Group Co Ltd. Class A
Fufeng Group Limited
Star Lake Bioscience Co., Inc. Class A
Global Bio-chem Technology Group Co. Ltd.
Vedan International (Holdings) Ltd.
Grupo Herdez SAB de CV
Japan Tobacco Inc.
Bluestar Adisseo Co. Class A
Monde Nissin Corp.
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 29 Mar, 2023
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