AjinomotoAjinomoto Co., Inc.2802東証プライム食料品FY ending Mar 2026, consolidated, IFRS

Ajinomoto FY ending Mar 2026 results

About 59% of Ajinomoto's sales come from Seasonings and Foods, with Healthcare and others and Frozen Foods making up much of the rest.

Out of every ¥100 of sales, about ¥13 is left as operating profit.

Revenue changed +3.5% from the prior year, operating profit +75.0%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +3.5% · profit +75.0%, calculated from disclosed figures.

Operating leverage: 21.58× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+3.5%¥1.53T → ¥1.58T
Gross profit
+8.4%¥550.8B → ¥597.1B
Operating income
+75.0%¥114B → ¥199.4B
Net income attributable to owners
+91.6%¥70.3B → ¥134.7B
Operating cash flow
+14.0%¥209.9B → ¥239.4B
Free cash flow
+17.4%¥114.8B → ¥134.8B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥1.58T, up +3.5% from ¥1.53T.
  • Operating income climbed +75.0% from ¥114B to ¥199.4B, and net income attributable to owners rose +91.6% from ¥70.3B to ¥134.7B.
  • Profit grew far faster than sales because a one-off gain from selling the head office property came on top of higher earnings from the business itself.
  • Operating cash flow also improved, up +14.0% to ¥239.4B.

What drove the change

  • The company sold the land and building of its head office and booked a gain on the sale
  • In healthcare, electronic materials sold well, and both amino acids and contract biopharma manufacturing earned more
  • Seasonings sold more in Japan and overseas, while frozen foods earned less because of weaker results in North America

Things to watch

  • Extreme weather and disasters could damage crops and livestock and push up raw material and shipping costs
  • Rival technologies could replace its chip materials, cutting customer adoption and market share
  • Geopolitical conflict and high tariffs could break supply chains and hurt price competitiveness

Annual Securities Report (148th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (148th term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Ajinomoto sells, how much goes where, and how much is kept.

FY ending Mar 2026
Operating costs
¥87
Operating profit
¥13
Net profit kept
¥9

Annual margin trends

Gross margin37.7%
FY ending Mar 2021: 37.9%37.9%FY ending Mar 2022: 37.1%37.1%FY ending Mar 2023: 34.6%34.6%FY ending Mar 2024: 35.5%35.5%FY ending Mar 2025: 36.0%36.0%FY ending Mar 2026: 37.7%37.7%FY21FY22FY23FY24FY25FY26
Operating margin12.6%
FY ending Mar 2021: 9.4%9.4%FY ending Mar 2022: 10.8%10.8%FY ending Mar 2023: 11.0%11.0%FY ending Mar 2024: 10.2%10.2%FY ending Mar 2025: 7.4%7.4%FY ending Mar 2026: 12.6%12.6%FY21FY22FY23FY24FY25FY26
Net margin8.5%
FY ending Mar 2021: 5.5%5.5%FY ending Mar 2022: 6.6%6.6%FY ending Mar 2023: 6.9%6.9%FY ending Mar 2024: 6.1%6.1%FY ending Mar 2025: 4.6%4.6%FY ending Mar 2026: 8.5%8.5%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segments without disclosed profit are drawn entirely as costs

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第148期(2025/04/01-2026/03/31)

    ID S100Y9922026-06-12Open
  • EDINET (FSA Japan)

    有価証券報告書-第147期(2024/04/01-2025/03/31)

    ID S100VXJA2025-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第146期(2023/04/01-2024/03/31)

    ID S100TNWR2024-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第145期(2022/04/01-2023/03/31)

    ID S100R42S2023-06-27Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第144期(2021/04/01-2022/03/31)

    ID S100QIMX2023-03-31Open
  • EDINET (FSA Japan)

    有価証券報告書-第143期(令和2年4月1日-令和3年3月31日)

    ID S100LN4K2021-06-23Open

Extracted from XBRL: 44 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

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