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Ajinomoto (2802) investor relations material
Ajinomoto Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record highs in sales, business profit, and profit attributable to owners for the first three quarters of FY2025, with strong contributions from Japan and overseas seasonings, coffee, and functional materials.
Upward revisions were made to full-year forecasts for business profit and profit attributable to owners, reflecting robust performance and expected gains from asset sales.
Strategic focus for FY2026 includes accelerating growth in Bio & Fine Chemicals and achieving 2030 Roadmap targets ahead of schedule.
Financial highlights
Cumulative Q3 FY2025 sales reached ¥1,164.1 billion (101% YoY), business profit ¥145.9 billion (105% YoY), and profit attributable to owners ¥89.7 billion (108% YoY).
Q3 FY2025 sales were ¥425.2 billion (104% YoY), business profit ¥59.2 billion (115% YoY), and profit attributable to owners ¥38.5 billion (119% YoY).
FY2025 revised full-year forecast: sales ¥1,600 billion (104% YoY), business profit ¥181 billion (113% YoY), profit attributable to owners ¥130 billion (184% YoY).
Gross profit for the nine months was ¥445.4 billion, up from ¥422.0 billion year-over-year.
Outlook and guidance
FY2025 business profit and profit attributable to owners revised upward; sales forecast slightly reduced due to currency effects and lower expectations in some segments.
Large-scale shipment of AJIPHASE in Q4 expected to drive further profit and revenue growth in CDMO.
2030 Roadmap aims for approximately 3x EPS versus FY2022 and ROE of approximately 17%.
Forecast assumes an exchange rate of ¥150 to US$1.
- TimeTickerHeadlineOpen
- 5 FebOESX
Raised FY 2026 revenue outlook and delivered fifth straight quarter of positive Adjusted EBITDA. - 5 FebTWI
AI-driven innovation and LSW tire success position the business for growth amid market challenges. - 5 FebREAL
All resolutions passed, with management emphasizing growth, market share, and financial stability. - 5 FebQGEN
2025 results beat expectations with strong growth pillars and robust 2026 outlook. - 5 FebSHEL
$18.5B earnings, $22B+ returns, $5.1B cost cuts, and strong portfolio moves in 2025. - 5 FebTRI
Strong organic growth, margin expansion, and capital returns set the stage for 2026 targets. - 5 FebOMF
Net income up 54%, EPS up 36%, receivables $26.3B, strong growth and stable credit metrics. - 5 FebHSY
2026 guidance anticipates strong sales and EPS growth, margin recovery, and brand investment. - 5 FebENS
Adjusted EPS ex-45X up 50%, strong cash flow, and margin gains offset Motive Power softness. - 5 FebLICI
Premiums and profits rose, with improved VNB margin and digital expansion driving growth.
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