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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)

Ajinomoto plans full acquisition for Turkey seasoning maker at 220 mln Turkish lira
Tuesday, 15 Nov 2016 09:47pm EST 

Ajinomoto Co Inc <2802.T> : Says co enters into agreement to acquire 100 percent stake in a Turkey seasoning maker Örgen Gıda Sanayi ve Ticaret A.Ş. as well as its brand Bizim Mutfak, in early March 2017 .Says transaction amount is about 220 million Turkish lira.  Full Article

Ajinomoto to buy 33.3 pct stake in Promasidor Holdings Limited for $532 mln
Tuesday, 8 Nov 2016 12:05am EST 

Ajinomoto Co Inc <2802.T>:Says it plans to use $532 million to raise stake in the British Virgin Islands-based firm Promasidor Holdings Limited to 33.3 percent from 0 percent on Nov. 8.  Full Article

Toyo Suisan Kaisha to dissolve Nigeria-based JV with Ajinomoto
Friday, 14 Oct 2016 12:05am EDT 

Toyo Suisan Kaisha Ltd <2875.T>: Says it to dissolve and liquidate a Nigeria-based JV MARUCHAN AJINOMOTO NIGERIA LIMITED, with Ajinomoto Co Inc <2802.T> .Says MARUCHAN AJINOMOTO NIGERIA LIMITED is engaged in manufacture and sale of instant noodles.  Full Article

Ajinomoto says application of IFRS
Thursday, 28 Jul 2016 01:10am EDT 

Ajinomoto Co Inc <2802.T>: Says it to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan generally accepted accounting principles .Says IFRS effective from the financial report for FY ending March 2017.  Full Article

Ajinomoto to retire 11.9 mln treasury shares
Thursday, 28 Jul 2016 01:05am EDT 

Ajinomoto Co Inc <2802.T> : Says it plans to retire 11.9 million shares of its common stock on Aug. 9 .Says the total shares outstanding 571.9 million shares after the retirement.  Full Article

Ajinomoto buys 11.9 mln shares back for 30 bln yen
Wednesday, 13 Jul 2016 02:15am EDT 

Ajinomoto Co Inc <2802.T> :Says it bought 11.9 million shares back for around 30 billion yen in total, from May 11 to July 12.  Full Article

Ajinomoto will begin sales of cup noodles in Peru and nearby markets - Nikkei<2802.T>
Monday, 4 Jul 2016 03:36pm EDT 

Nikkei: Ajinomoto will begin sales of cup noodles in Peru and nearby markets - Nikkei . Ajinomoto aims to boost food business revenue in South America and Southeast Asia to $4.87 billion in fiscal 2020 - Nikkei .  Full Article

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

BRIEF-Ajinomoto plans JV in S.Korea with NongShim

* Says it plans to set up a joint venture AJINOMOTO NONGSHIM FOODS CO LTD in South Korea, jointly with South Korean firm Nongshim Co Ltd