TYO:2802

4 stories mentioning TYO:2802

Every FINWIRES story that references TYO:2802, newest first.

Market Chatter: Japanese Corporate Real Estate Sales Hit 18-Year High as Firms Boost Efficiency

Corporate property sales in Japan rose 9% to 1.23 trillion yen in 2025, marking the highest level in nearly two decades, as listed companies shed assets to improve profitability, Nikkei reported on Sunday.Food maker Ajinomoto (TYO:2802) sold its Tokyo headquarters and will relocate functions this summer, while Yamato Holdings (TYO:9064) offloaded four properties, including its Ginza office, the news daily said.Engineering firm IHI (TYO:7013) planned three sales in Koto ward, expected to generate 56.8 billion yen in capital gains, over 80% of which will be booked this fiscal year, the publication said.The trend reflects growing pressure on Japanese firms to streamline operations and raise return on equity, aligning with broader shareholder-driven governance reforms, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:2802TYO:7013TYO:9064

US Markets39d ago

Ajinomoto's Fiscal 2026 Profit Surges 92% on Semiconductor Surge

Food and materials producer Ajinomoto (TYO:2802) reported strong earnings for fiscal 2026, driven in part by business lines exposed to the semiconductor industry.Ajinomoto's attributable net profit jumped 92% to 134.7 billion yen, with earnings per share nearly doubling to 138.36 yen from 69.77 yen a year earlier.Sales for the year rose 3.5% to 1.58 trillion yen.Though known for its long history in frozen foods and seasonings, Ajinomoto has, in recent years, sold increasing volumes of Ajinomoto Build-up Film (ABF) to semiconductor manufacturers.The rising number of semiconductors produced globally, along with the increasing complexity of the chips, has resulted in record film sales, according to the company.The "increase in functionality of semiconductor packages has progressed in line with the expansion of semiconductor applications.""Accordingly, package boards are increasingly large and multi-layered and the use of ABF is also increasing, with further evolution expected in the future," Ajinomoto said in its earnings presentation.Ajinomoto has earmarked 1.2 billion yen to build a new ABF factory in Japan's Gifu Prefecture, according to a separate release on Thursday. Construction will begin in 2028, with operations slated to commence in 2032.Meanwhile, in the fourth quarter alone, Ajinomoto reported a net income of 44.93 billion yen, reversing a 12.17 billion yen loss in the year-earlier period. Quarterly sales rose 10% to 419.5 billion yen.The company plans to pay a year-end dividend of 24 yen per share for fiscal 2026.For the upcoming year, Ajinomoto maintains a positive outlook and expects continued growth in core segments. The company expects sales in the 12 months starting April 1 to rise 8.8% year-on-year to 1.72 trillion yen, but expects net profit to fall 10.9% to 120 billion yen, or 126.16 yen per share.Ajinomoto shares closed up 1.6% in Tokyo trading Thursday.

TYO:2802

Asia39d ago

Ajinomoto's Profit Jumps 92% in Fiscal Year 2025

Ajinomoto's (TYO:2802) profit attributable to owners of the parent surged 92% to 134.7 billion yen for the fiscal year 2025 from 70.3 billion yen a year earlier.The food seasoning manufacturer's earnings per share increased to 138.36 yen from 69.77 yen a year ago, according to a Tokyo bourse filing on Thursday.Sales jumped 3.5% to 1.584 trillion yen for the year ended March 31 from 1.531 trillion yen in the prior year.It declared a final dividend of 24 yen per share, payable from June 22.For the fiscal year 2026, the company expects attributable profit of 120 billion yen, basic EPS of 126.16 yen, and sales of 1.723 trillion yen.Ajinomoto plans to pay interim and year-end dividends of 25 yen per share, each, for the year, which is higher than the amount paid in the year-ago period.

TYO:2802

Asia46d ago

Market Chatter: Japan Consumer Firms Step up Chip Materials Push

Japanese consumer goods makers are moving further into semiconductor materials to capture AI-led demand, Nikkei reported Thursday.Kao Corporation (TYO:4452) has set up a Taiwan hub to develop and produce chip-cleaning agents with customers including Taiwan Semiconductor Manufacturing Company (TPE:2330), as advanced chips increase the need for contamination control, according to the report.Its semiconductor cleaning sales rose about 40%, supporting a 7% gain in chemical revenue to 451.5 billion yen, the report said.Ajinomoto (TYO:2802) is expanding capacity for its ABF insulating film, which holds over 95% global share in chip substrates, with more than 25 billion yen in planned investment through 2030, according to the report.Sakura Color Products Corporation and Nisshin Seifun (TYO:2002) unit Nisshin Engineering are also applying legacy technologies to chip production processes, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TPE:2330TYO:2002TYO:2802TYO:4452