Ajinomoto Co., Inc. (AJINY) Q4 2025 Earnings Call Transcript

2025-05-10 14:36:11 ET

Ajinomoto Co., Inc. (AJINY)

Q4 2025 Results Conference Call

May 08, 2025 05:00 AM ET

Company Participants

Masataka Kaji - Investor Relations Department

Shigeo Nakamura - President, CEO & Representative Executive Officer

Tatsuya Sasaki - Executive Officer, Senior VP, GM of Corporate Division & Director

Yoshiteru Masai - Executive Officer, Senior VP & GM of Food Products Division

Sumio Maeda - Executive Officer, VP & GM of Bio & Fine Chemicals Division

Eiichi Mizutani - Executive Officer, VP and In charge of Finance & Investor Relations

Hideaki Kawana - Executive Officer & VP of Supervision of Frozen Foods

Shino Kayahara - Executive Officer and In charge of Diversity & HR

Conference Call Participants

Hiroshi Saji - Mizuho Securities

Rei Ihara - UBS Securities

Takashi Miyazaki - Goldman Sachs

Shun Igarashi - Daiwa Securities

Satoshi Fujiwara - JPMorgan Securities

Haruka Miyake - Morgan Stanley

Makoto Morita - Nomura Securities

Tsukasa Furuta - SMBC Nikko

Hiroki Watanabe - Citigroup

Presentation

Masataka Kaji

Good evening, everyone. Thank you for joining Ajinomoto's Fiscal '24 Results Briefing despite your busy schedule. I am from the IR department. I'll be moderating. My name is Kaji. Here are the attendees from our side. Representative Executive Officer, President and CEO; Mr. Nakamura.

Shigeo Nakamura

This is Nakamura.

Masataka Kaji

Executive Officer and Senior Vice President, General Manager, Corporate Division, Sasaki-san.

Tatsuya Sasaki

This is Sasaki speaking.

Masataka Kaji

Executive Officer and Senior Vice President, General Manager, Food Products Division, Mr. Masai.

Yoshiteru Masai

This is Masai speaking.

Masataka Kaji

Executive Officer and Senior Vice President, General Manager, Bio & Fine Chemicals division, Mr. Maeda.

Sumio Maeda

This is Maeda.

Masataka Kaji

Executive Officer and Vice President, in charge of Finance and Investor Relations, Mr. Mizutani.

Eiichi Mizutani

This is Mizutani speaking.

Masataka Kaji

Executive Officer and Vice President, Supervision of Frozen Foods; Mr. Kawana.

Hideaki Kawana

This is Kawana speaking.

Masataka Kaji

Executive Officer in charge of Diversity and HR, Ms. Kayahara.

Shino Kayahara

This is Kayahara. Hello.

Masataka Kaji

So, we have seven people from our side present. First, Mr. Nakamura will be explaining the fiscal '24 summary results and fiscal year 2025 forecast as well as initiatives for enhancing corporate value. This will be followed by a Q&A session. We are planning for 90 minutes for the entire webinar.

Today's presentation materials are available at our IR website on Ajinomoto's home page. Today's content will be recorded, including the Q&A session and will be posted on our IR website on a later date. So, we would like to get started. Mr. Nakamura, over to you.

Shigeo Nakamura

Good afternoon, everyone. I'm Representative Executive Officer, President and CEO; Shigeo Nakamura for Ajinomoto Company Inc. I'll be talking about the forecast for FY 2025 initiatives for enhancing corporate value.

First of all, FY 2024 summary results and FY 2025 forecast. And then this will be followed by initiatives for enhancing corporate value. Today's message is of threefold. Sales and business profit in FY 2024 reached the highest levels since the introduction of IFRS in FY 2016, excluding the impact of the Forge Biologics acquisition. Business profit continued double-digit growth....

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