Corporate ActionsThe company announced a series of shareholder-friendly corporate actions, including an increase in the FY24F dividend, a share buyback, and a 2 for 1 stock split, likely providing support to the share price.
Product DominanceAjinomoto Co. monopolizes the sale of Ajinomoto Build-up Film (ABF), a critical component in high-end chips, maintaining its dominance through innovation and responsiveness to client demands.
Revenue GrowthAjinomoto expects continued revenue momentum from Seasonings and Foods segment with a return to volume growth supported by higher pricing.
Shareholder ReturnsAjinomoto continues to maintain a shareholder-friendly capital management stance, targeting a total shareholder return of 50% or more through a progressive dividend policy and share buybacks.