TOKYO (dpa-AFX) - Ajinomoto Co., Inc. (AJINF, 2802.T), a Japanese food and biotechnology company, on Thursday revised up its annual outlook.
For the 12-month period to March 31, 2027 (the full year), Ajinomoto now projects net profit of JPY 123.500 billion against the earlier expectation of JPY 120 billion. The company now projects earnings of JPY 129.84 per basic share, compared with the previous guidance of JPY 126.16 per basic share.
Ajinomoto now anticipates sales of JPY 1.732 trillion, higher than the prior guidance of JPY 1.723 trillion.
For the full year, the company intends to pay a total dividend of JPY 50 per share, compared with JPY 48 per share in the previous year.
For the 12-month period to March 31, 2026, the company had posted net income of JPY 134.675 billion, or JPY 138.36 per basic share, with sales of JPY 1.583 trillion.
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