Ajinomoto 11/7/2024 Earnings Report

Ajinomoto EPS Results

• Actual EPS: $0.35
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Ajinomoto Revenue Results

• Actual Revenue: $2.55 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Ajinomoto Announcement Details

• Date: 11/7/2024
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

Ajinomoto (OTCMKTS:AJINY) Co., Inc. is a Tokyo-based multinational food and chemical company best known for commercializing monosodium glutamate (MSG) after Professor Kikunae Ikeda identified the flavor enhancer associated with umami in the early 20th century; the company was founded in 1909. Over more than a century it has grown from its seasoning roots into a diversified group that develops, manufactures and markets food products, seasonings and ingredient solutions for both retail and foodservice customers.

Today Ajinomoto’s activities span prepared and frozen foods, retail seasonings and condiments, and a broad range of amino acid-based products and specialty chemicals. Its amino-acid technologies are applied across food and beverage formulation, animal nutrition, pharmaceutical and medical nutrition products, and industrial uses. The company also participates in health-and-wellness initiatives by producing ingredients used in clinical nutrition, supplements and pharmaceutical applications, while continuing significant operations in processed and frozen consumer foods.

Ajinomoto operates globally with a strong presence in Japan and throughout Asia and expanding operations in the Americas, Europe and other regions through manufacturing, sales subsidiaries and R&D centers. Headquartered in Tokyo, the company maintains an international footprint of production and research facilities and markets products under a variety of brand names. Ajinomoto securities trade internationally, including as an OTC-listed instrument under the symbol AJINY, reflecting its cross-border investor access.