Ajinomoto Co Inc (2802.T) Key Developments | Reuters.com
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Ajinomoto Co Inc (2802.T)

2802.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

House Foods Group sees profit of around 1.5 bln yen associated with planned takeover of Gaban in current FY through March 2017- Nikkei
Thursday, 2 Jun 2016 01:40pm EDT 

: House Foods Group sees profit of around 1.5 bln yen ($13.8 mln)associated with planned takeover of Gaban in current FY through March 2017- Nikkei . House Foods Group plans to turn Gaban, now a unit of seasoning giant Ajinomoto, into a wholly owned subsidiary through a tender offer - Nikkei . House Foods bracing for a 77% plunge in its group net profit to 5.3 billion yen in the current fiscal year - Nikkei . House Foods plans to amortize the cost of acquiring Gaban's trademark over a period of more than 30 years- Nikkei . House Foods expects to pay 6.5 billion yen for Gaban, while Gaban's net asset value stood at 8.9 billion yen as of the end of March- Nikkei Source (http://s.nikkei.com/25D53ea) Further company coverage: [2801.T] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Ajinomoto to repurchase shares worth up to 30 bln yen
Tuesday, 10 May 2016 01:15am EDT 

Ajinomoto Co Inc <2802.T>: Says to repurchase up to 15 million shares, representing a 2.58 percent stake . Says share repurchase up to 30 billion yen in total .Says repurchase period from May 11 to July 29.  Full Article

Ajinomoto lowers consolidated full-year net profit outlook for FY 2016
Tuesday, 29 Mar 2016 01:00am EDT 

Ajinomoto Co Inc:Says the company reaffirmed the consolidated full-year outlook for revenue at 1,263,000 mln yen for the fiscal year ending March 31, 2016.Operating profit forecast increased to 93,000 mln yen from 86,000 mln yen.Ordinary profit forecast increased to 94,000 mln yen from 89,000 mln yen.Sees a decrease of net profit forecast to 61,500 mln yen from 67,500 mln yen.Sees a decrease of earnings per share to 104.50 yen from 114.72 yen.Says net profit outlook lowered due to the extraordinary loss recorded.  Full Article

Ajinomoto to retire treasury shares
Friday, 29 Jan 2016 12:00am EST 

Ajinomoto Co Inc:To retire 10,708,000 shares of its common stock on Feb. 10.Says the total shares outstanding will be 583,762,654 shares after the retirement.  Full Article

Ajinomoto completes share repurchase
Wednesday, 6 Jan 2016 12:00am EST 

Ajinomoto Co Inc:Completed repurchase of 10,708,000 shares of its common stock.Shares repurchased at the price of 29,999,686,000 yen in total, as of Jan. 5.Previous plan disclosed on Nov. 5, 2015.  Full Article

Ajinomoto to repurchase shares
Thursday, 5 Nov 2015 12:00am EST 

Ajinomoto Co Inc:Says to repurchase up to 20 mln shares, representing a 3.38 pct stake.Says share repurchase up to 30 bln yen in total.Says repurchase period from Nov. 6, 2015 to Feb. 24, 2016.  Full Article

Ajinomoto raises consolidated full-year outlook for FY 2016
Thursday, 5 Nov 2015 12:00am EST 

Ajinomoto Co Inc:Says the company raised the consolidated full-year outlook for the FY ending March 2016.Revenue forecast with unchanged 1,263,000 million yen.Operating profit forecast increased to 86,000 million yen from 82,000 million yen.Ordinary profit forecast increased to 89,000 million yen from 85,000 million yen.Net profit forecast increased to 67,500 million yen from 65,000 million yen.Earnings per share forecast increased to 114.72 yen from 109.83 yen.FY 2016 revenues of 1,245.34 billion yen, net income of 66.64 billion yen – Thomson Reuters I/B/E/S.Comments that increased sales, impact of foreign exchange and cost reduction are the main reasons for the forecast.  Full Article

Eisai announces business integration with subsidiary of Ajinomoto
Thursday, 15 Oct 2015 02:00am EDT 

Eisai Co Ltd:To tranfer gastroenterology diseases related business to a wholly owned subsidiary of Ajinomoto, effective April 1, 2016.Subsidiary of Ajinomoto to issue 6,000 shares to the company.The subsidiary of Ajinomoto to change name to EA Pharma Co Ltd.To hold 60 pct stake in EA Pharma.  Full Article

R&I affirms Ajinomoto Co Inc's rating at "AA" and announces stable outlook
Thursday, 17 Sep 2015 02:00am EDT 

Ajinomoto Co Inc:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA".Rating outlook stable.  Full Article

Ajinomoto to sell subsidiary Ajinomoto Sweeteners Europe
Thursday, 27 Aug 2015 01:00am EDT 

Ajinomoto Co Inc:To sell 100 pct stake in subsidiary Ajinomoto Sweeteners Europe S.A.S to HYET Holding B.V for 1 euro, on Oct. 1.  Full Article

BRIEF-House Foods Group sees profit of around 1.5 bln yen associated with planned takeover of Gaban in current FY through March 2017- Nikkei

* House Foods Group sees profit of around 1.5 bln yen ($13.8 mln)associated with planned takeover of Gaban in current FY through March 2017- Nikkei