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Ajinomoto Co Inc (AJINF)
OTHER OTC:AJINF
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Earnings Data
Report Date
Feb 03, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
0.4Last Year’s EPS
0.38Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: 6.73%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment with record-high sales and strong segment performance in seasonings and frozen foods, but significant challenges in healthcare, biopharma services, and the impact of the Forge acquisition. The company's strategic initiatives and new product successes provide optimism for future growth, yet current challenges weigh on the overall sentiment.Company Guidance
During the Q3 2024 earnings call for 2802.T, the company reported record-high sales and business income for the nine-month period, with sales reaching JPY 1.676 billion, which is 104% of the previous year's level, and business profit at JPY 124.4 billion, representing 104.4% of the previous year. Excluding foreign exchange impact, sales increased by 100.6%, and business profit by 100.3%. The seasonings and foods, along with frozen foods segments, showed significant growth, with overseas volume at 102% and domestic at 99%. However, healthcare and other segments faced declines, with the company anticipating a recovery in electronic materials from Q4. The acquisition of Forge Biologics is expected to impact financials from Q4 onwards, with advanced investments leading to a temporary profit reduction. For fiscal 2024, the firm aims for steady profit growth to align with its 2030 roadmap, leveraging improved efficiency and cost reductions across its operations.Record-High Q3 Sales and Business Profits
Q3 sales and business income reached record highs for both the 9-month period and the quarter. Sales were JPY 1.676 billion, 104% of the previous year's level, and business profit was JPY 124.4 billion, 104.4% of the previous year.
Strong Performance in Seasonings and Foods
Seasonings and foods achieved strong profit growth, almost meeting the full year profit increase forecast. Domestic and overseas sales were driven by price increases and recovery in volume.
Frozen Food Business Success
The frozen food business achieved more than JPY 10 billion in business profit, surpassing the target within the 9-month period of this fiscal year.
Innovative Product Launches
New personalized interactive communication strategy products, such as Cooked Tofu Kiwami premium Mala Mapo Tofu and women-targeted nutritious meals, have been successful in attracting new customer bases.
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AJINF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AJINF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $38.06 | $40.20 | +5.62% |
| Aug 05, 2024 | $39.86 | $40.76 | +2.26% |
| May 09, 2024 | $36.90 | $36.98 | +0.22% |
| Feb 06, 2024 | $40.63 | $40.46 | -0.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ajinomoto Co Inc (AJINF) report earnings?
Ajinomoto Co Inc (AJINF) is schdueled to report earning on Feb 03, 2025, TBA Not Confirmed.
What is Ajinomoto Co Inc (AJINF) earnings time?
Ajinomoto Co Inc (AJINF) earnings time is at Feb 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AJINF EPS forecast?
AJINF EPS forecast for the fiscal quarter 2024 (Q3) is 0.4.
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