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Ajinomoto shows increase in consolidated Q1 sales

Shaun Weston30 Jul 2010

Ajinomoto has released first quarter 2010 financial results, showing an increase in consolidated Q1 2010 sales.

The company’s consolidated sales for the first-​quarter period increased 6.6% (¥18.7bn) to ¥304.3bn, operating income increased 43.8% (¥6.6bn) to ¥21.8bn, ordinary income increased 28.1% (¥4.9bn) to ¥22.3bn, but net income decreased 36.6% (¥3.9bn) to ¥6.7bn, due to a loss on devaluation of investment securities.

Read the full financial statement at this link.

Source: Ajinomoto

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