- Ajinomoto’s third-quarter net sales were 406.79 billion yen, marking a 7.1% increase from the previous year and closely aligning with estimates of 408.21 billion yen.
- Third-quarter net income reached 32.21 billion yen, a 3.4% increase year-over-year, but slightly below the estimate of 32.89 billion yen.
- For the nine-month period, Ajinomoto reported net income of 82.44 billion yen, which is a 6.2% increase compared to the previous year.
- Net sales for the nine months totaled 1.15 trillion yen, reflecting a 7.8% year-over-year growth.
- The business profit for the nine months stood at 138.20 billion yen.
- Sales in the Seasonings & Foods segment were 677.79 billion yen, up 6.5% year-over-year.
- Frozen Foods segment sales amounted to 218.77 billion yen, increasing by 4.1% year-over-year.
- The Healthcare & Others segment saw a significant sales increase of 16% year-over-year, totaling 242.83 billion yen.
- Ajinomoto maintains its full-year forecast of net sales reaching 1.53 trillion yen, slightly below the estimated 1.54 trillion yen.
- The company still anticipates net income of 95.00 billion yen for the full year, compared to an estimate of 98.92 billion yen.
- The expected dividend remains at 80.00 yen, just shy of the estimated 82.78 yen.
- Investor sentiment includes 10 buy recommendations, 7 holds, and 1 sell.
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A look at Ajinomoto Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s Smart Scores, Ajinomoto Co has a positive long-term outlook. With a high Momentum score of 5, the company is showing strong performance trends. Additionally, a Growth score of 4 indicates potential for expansion and development in the future. Although scoring lower in Value, Dividend, and Resilience categories, Ajinomoto Co‘s overall outlook remains promising.
Ajinomoto Co., Inc. is a company that produces and markets a diverse range of food products, pharmaceuticals, amino acids, and specialty chemicals. Despite facing challenges in some areas like value and resilience, the company’s strong momentum and growth prospects suggest a positive trajectory in the long term. Investors may find Ajinomoto Co a lucrative opportunity based on the Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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