Ajinomoto Co., Inc.

Ajinomoto Co., Inc.

AJINF
Ajinomoto Co., Inc.US flagOther OTC
32.75
USD
- -
- -
31.39BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
774.77
850.22
977.3
954.21
980.44
1,005.86
1,003.42
976.99
1,058.1
1,271.29
1,383
1,519.62
- -
729.55
Basic EPS, GAAP
34.33
39.27
60.62
46.4
52.88
26.81
17.18
54.18
69.71
87.99
83.72
69.77
- -
39.49
Free Cash Flow per Basic Share
46.93
89.01
61.95
68.88
105.03
102.39
97.16
142.7
127.68
105.68
155.52
201.46
- -
80.53
Dividend per Share
10.13
10.01
13.59
15.08
15.01
16.66
16.01
15.98
25.11
29.59
36.91
38.86
- -
18.68
Book Value per Share
473.81
487.54
537.82
581.27
623.41
609.46
596.69
627.25
640.87
684.86
708.83
665.59
- -
748.25
Tangible Book Value per Share
491.22
514.09
464.57
466.65
481.15
477.02
394.84
455.57
526.2
621.97
621.49
598.86
- -
589.87
Basic Weighted Avg Shares
1,228
1,184
1,176
1,144
1,137
1,108
1,096
1,097
1,086
1,069
1,041
1,007
973
1,030
Sales/Revenue/Turnover
951,359
1,006,630
1,149,427
1,091,195
1,114,784
1,114,308
1,100,039
1,071,453
1,149,370
1,359,115
1,439,231
1,530,556
- -
751,227
Operating Margin (%)
6.5
7.4
8.57
7.43
6.7
4.86
4.66
9.32
10.75
10.64
9.86
7.03
- -
9.4
Depreciation Expense
47,335
45,577
50,852
46,273
51,783
52,485
61,986
63,045
66,234
71,820
78,298
86,461
- -
40,596
Net Income, GAAP
42,159
46,495
71,292
53,065
60,124
29,698
18,837
59,416
75,725
94,065
87,121
70,272
- -
40,664
Effective Tax Rate (%)
31.66
29.95
20.89
25.05
18.97
32.35
41.77
32.59
34.49
28.47
28.17
25.44
- -
29.4
Profit Margin (%)
4.43
4.62
6.2
4.86
5.39
2.67
1.71
5.55
6.59
6.92
6.05
4.59
- -
5.41
Working Capital
312,680
231,696
374,129
312,651
324,049
299,411
203,335
248,830
256,788
275,893
208,063
316,710
- -
-333,881
LT Debt
104,428
74,073
243,226
298,964
309,711
306,636
273,685
291,519
271,281
239,244
254,224
416,207
- -
442,401
Total Equity
655,505
725,331
680,727
690,673
720,613
685,960
592,070
667,846
739,744
822,968
884,448
813,273
- -
833,266
Return on Invested Capital (%)
5.17
5.96
8.18
6.1
5.76
3.5
3
6.76
7.74
9.44
8.28
6.12
- -
3.82
Return on Capital (%)
4.75
4.74
7.25
4.34
5.29
2.28
1.25
5.31
7.18
9.23
6.98
5.78
- -
2.76
Return on Common Equity (%)
7.37
8.02
11.79
8.18
8.75
4.29
2.83
8.85
10.94
13.17
11.85
9.98
- -
5.31

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
188,270
- -
48,972
LT Borrowings
254,224
- -
442,401
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,025
- -
1,008
Market Capitalization
5,752,980
6,315,166
5,661,403

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
194,187
- -
196,124
Accounts Receivable, Net
185,564
- -
175,884
Inventories
287,122
- -
303,879
Total Current Liabilities
501,569
- -
333,881
Payables & Accruals
- -
- -
- -
ST Debt
188,270
- -
48,972
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
339,521
348,482
379,641
371,586
1,439,231
2025
- -
- -
- -
- -
1,530,556
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25.89
18.5
29.97
- -
83.72
2025
- -
- -
- -
- -
69.77
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.78
0.46
18.44
- -
36.91
2025
- -
- -
- -
- -
38.86
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Shigeo Nakamura
Full Time Employees
34,862
Sector
Consumer Defensive
Industry
Packaged Foods
Address
15-1, Kyobashi 1-chome Tokyo Japan 104-8315
IPO Date
May 15, 2012
Business
Ajinomoto Co., Inc. is a Japan-based global company primarily engaged in the food and amino acid business, founded in 1909 and headquartered in Chuo-ku, Tokyo. The company offers a comprehensive product portfolio including seasonings and processed foods; frozen foods; amino acids for pharmaceuticals, food, and animal nutrition; biopharmaceutical contract development and manufacturing services (CDMO); specialty chemicals; electronic materials such as interlayer insulating films for semiconductors; and personal care ingredients featuring amino acid-based surfactants and biodegradable alternatives to plastic microbeads. Ajinomoto operates across Japan, Asia, the Americas, and Europe, targeting consumer, foodservice, healthcare, pharmaceutical, and industrial markets. Recent major changes include the strategic acquisition of Forge Biologics for $620 million to expand its global gene therapy CDMO business, integrating cutting-edge bioscience into its healthcare segment. In 2025, Ajinomoto sold its entire equity stake in Ajinomoto Althea, a San Diego-based fill-finish CDMO, to PCI Pharma Services, focusing on optimizing its pharmaceutical services operations. The company entered a strategic partnership with Australian plant-based meat producer v2food to accelerate global growth and expand its plant-based protein offerings. Additionally, Ajinomoto has launched new functional materials and sustainable personal care products, leveraging its amino acid technologies under its "AminoScience" platform, reinforcing its commitment to health, wellness, and sustainability across its diverse businesses. Ajinomoto’s business segments include Seasonings & Foods, covering sauces, nutritional foods, solution ingredients, and frozen foods; Healthcare and Others, including pharmaceutical amino acids, biopharmaceutical CDMO services, functional materials, and medical foods; and specialty chemicals and electronic materials. The company serves retail consumers, foodservice operators, healthcare providers, pharmaceutical firms, and industrial clients globally. With approximately 34,860 employees as of 2025 and annual revenues around 1.53 trillion JPY, Ajinomoto continues to develop innovative and sustainable products by harnessing the power of amino acids to improve quality of life worldwide.

Company News

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