Ajinomoto Reports First Quarter Profit and Revenue Growth

Ajinomoto Co., Inc. reported an increase in profit for its first quarter, with earnings totaling JPY 36.452 billion, up from JPY 32.218 billion in the previous year. The company's earnings per share rose to JPY 38.10 from JPY 32.62.

Revenue for the period increased by 13.2%, rising to JPY 412.105 billion from JPY 364.008 billion last year. In its full-year guidance, the company projected total revenue of JPY 1.732 trillion and basic earnings per share of JPY 129.84.