Integration of the North American Consumer Foods Business and Acceleration of Growth
First written in FY2016. 4 of 26 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Full-year results updated; North America posted lower profitAnnual report
「For Ajinomoto Foods North America, sales excluding intercompany sales account for more than 10% of consolidated sales. The company recorded sales of ¥174.744 billion, an operating loss of ¥1.629 billion and a net loss of ¥749 million as its principal financial information.」
The North American Consumer Foods business recorded full-year sales of ¥174.744 billion, an operating loss of ¥1.629 billion and a net loss of ¥749 million, with lower profit in North America contributing to the decline in profit in the frozen food segment. - 2026-05-07OtherEarnings forecast revision
「Overall profit declined significantly, mainly because of lower profit in North America.」
The frozen foods segment explicitly identified lower profit in North America as a factor behind the full-year segment profit decline. - FY2026-H1Interim results updated; impact of strategic expensesAnnual report
「Frozen food segment sales amounted to ¥138.5 billion, down ¥4.5 billion from the same period of the previous year, or 96.8% year on year, owing to the impact of foreign currency translation, among other factors. Business profit declined by ¥2.7 billion to ¥4.1 billion, or 60.1% year on year, owing to the impact of lower sales and increased strategic expenses, among other factors.」
The frozen food segment posted lower sales for the interim period, while business profit also declined to 60.1% of the previous-year level owing mainly to increased strategic expenses. - FY2025-H1Interim results updated; impact of strategic expensesAnnual report
「Frozen food segment sales amounted to ¥143.0 billion, up ¥6.5 billion from the same period of the previous year, or 104.8% year on year, owing to the impact of foreign currency translation, among other factors. Business profit declined by ¥2.1 billion to ¥4.5 billion, or 67.8% year on year, despite the effect of higher sales, owing mainly to increased strategic expenses.」
Frozen foods posted higher sales for the interim period, while business profit declined to ¥4.5 billion, or 67.8% of the previous-year level, owing mainly to increased strategic expenses. - FY2024Full-year results updated; benefits of structural reformAnnual report
「For Ajinomoto Foods North America, sales excluding intercompany sales account for more than 10% of consolidated sales.」
Ajinomoto Foods North America recorded sales of ¥173.655 billion, operating profit of ¥9.361 billion and net income of ¥6.440 billion. Full-year results for the North American frozen food business were updated following the significant impairment loss recorded in the previous year. - FY2024-Q3Third-quarter results updated; benefits of structural reformAnnual report
「Frozen food segment sales amounted to ¥210.1 billion, up ¥10.0 billion from the same period of the previous year, or 105.0% year on year, owing to higher selling prices and the impact of foreign currency translation, among other factors. Business profit increased by ¥8.2 billion to ¥10.0 billion, or 565.9% year on year, owing to the effect of higher sales and the benefits of structural reform, among other factors.」
The frozen food segment posted higher sales for the nine months ended 31 December, while business profit improved to ¥10.0 billion owing to the benefits of structural reform, among other factors. Improved profitability in the overseas frozen food business, including North America, was reflected in the segment’s results. - FY2024-Q2Second-quarter results updated; benefits of structural reformAnnual report
「Frozen food segment sales amounted to ¥136.5 billion, up ¥7.9 billion from the same period of the previous year, or 106.2% year on year, owing to higher selling prices and the impact of foreign currency translation, among other factors. Business profit increased by ¥6.1 billion to ¥6.6 billion owing to the effect of higher sales and the benefits of structural reform, among other factors.」
Frozen foods posted higher sales for the six months ended 30 September, while business profit improved to ¥6.6 billion owing to higher selling prices, the effect of higher sales and the benefits of structural reform. - FY2024-Q1First-quarter results updated; benefits of structural reformAnnual report
「Frozen food segment sales amounted to ¥63.8 billion, up ¥2.9 billion from the same period of the previous year, or 104.9% year on year, owing to higher selling prices and the impact of foreign currency translation, among other factors. Business profit increased by ¥2.8 billion to ¥3.9 billion, or 354.3% year on year, owing to higher selling prices and the benefits of structural reform, among other factors.」
Frozen foods posted higher sales, while business profit increased significantly to ¥3.9 billion owing to higher selling prices and the benefits of structural reform. - FY2023Full-year results updated; impairment loss recordedAnnual report
「For Ajinomoto Foods North America, sales excluding intercompany sales account for more than 10% of consolidated sales. The amounts below include the ¥13.467 billion impairment loss on goodwill recorded in the current fiscal year.」
The North American frozen food business recorded sales of ¥157.351 billion and an operating loss of ¥11.069 billion, including a ¥13.467 billion impairment loss on goodwill. - FY2023-Q3Third-quarter results updatedAnnual report
「Frozen food segment sales amounted to ¥200.0 billion, up ¥34.5 billion from the same period of the previous year, or 120.9% year on year, owing to the impact of foreign currency translation and higher overseas unit prices, among other factors. Business profit declined by ¥1.5 billion to ¥400 million, or 23.7% year on year, despite the effect of higher sales and foreign currency translation, owing mainly to the impact of higher costs, including raw materials.」
Frozen foods posted higher sales owing to higher overseas unit prices and the impact of foreign exchange, while business profit for the nine months ended 31 December declined to ¥400 million, or 23.7% of the previous-year level, owing to higher costs, including raw materials. - FY2023-Q2Second-quarter results updatedAnnual report
「Frozen food segment sales amounted to ¥128.5 billion, up ¥22.2 billion from the same period of the previous year, or 120.9% year on year, owing to the impact of foreign currency translation and higher overseas unit prices, among other factors. Business profit declined by ¥1.3 billion to a loss of ¥300 million owing to the impact of higher costs, including raw materials.」
Frozen foods posted higher sales owing to higher overseas unit prices and foreign exchange, while business profit for the six months ended 30 September declined to a loss of ¥300 million owing to higher costs, including raw materials. - FY2023-Q1First-quarter results updatedAnnual report
「Frozen food segment sales amounted to ¥60.8 billion, up ¥8.3 billion from the same period of the previous year, or 115.9% year on year, owing to the impact of foreign currency translation and higher overseas unit prices, among other factors. Business profit declined by ¥600 million to ¥200 million, or 29.7% year on year, owing to the impact of higher costs, including raw materials.」
Frozen foods posted higher sales owing to higher overseas unit prices and foreign exchange, while business profit declined to ¥200 million owing to higher costs, including raw materials. - FY2022Full-Year Results UpdatedAnnual report
「Frozen food segment sales amounted to ¥221.7 billion, up ¥23.4 billion from the previous fiscal year, or 111.8% year on year, mainly owing to increased overseas sales and the impact of foreign currency translation. Business profit fell by ¥2.9 billion to a loss of ¥600 million owing to higher costs, including raw materials, in North America.」
Frozen foods posted higher sales owing to increased overseas sales and higher unit prices, while higher costs, including raw materials, in North America resulted in a full-year business loss of ¥600 million. - FY2022-Q3Third-quarter results updatedAnnual report
「Frozen food segment sales amounted to ¥165.5 billion, up ¥15.8 billion from the same period of the previous year, or 110.6% year on year, mainly because overseas sales increased. Business profit declined by ¥2.0 billion to ¥1.9 billion, or 49.7% year on year, owing to higher costs in North America and the strategic use of marketing expenses in Japan, among other factors.」
Frozen foods posted higher sales owing to increased overseas sales, while business profit declined owing to higher costs in North America and domestic marketing expenses. - FY2022-Q1First-quarter results updatedAnnual report
「Frozen food segment sales amounted to ¥52.4 billion, up ¥4.2 billion from the same period of the previous year, or 108.8% year on year, mainly because sales of overseas food-service products increased. Business profit declined by ¥900 million to ¥900 million, or 51.1% year on year, owing to the strategic use of marketing expenses in Japan and higher costs, including labor costs, in North America.」
Frozen foods posted higher sales as overseas sales of food-service products increased, while business profit declined owing to higher costs, including domestic marketing expenses and North American labor costs. - FY2021-Q3Third-quarter results updatedAnnual report
「Frozen food segment sales amounted to ¥149.6 billion, down ¥7.7 billion from the same period of the previous year, or 95.1% year on year. Sales of consumer products increased mainly as demand for meals prepared at home rose, but sales of food-service products declined as demand from the food-service industry fell. Business profit increased significantly, rising ¥1.8 billion to ¥4.0 billion, or 182.2% year on year, owing to the effect of higher sales of consumer products and an improved product mix, among other factors.」
Frozen foods posted lower sales as consumer products for meals prepared at home grew while food-service products declined. Business profit increased significantly owing to the effect of higher sales of consumer products and an improved product mix. - FY2021-Q2Second-quarter results updatedAnnual report
「Overseas sales were roughly unchanged year on year in North America on a local-currency basis, but declined overall owing to the impact of foreign currency translation and lower sales of food-service products, among other factors.」
North American frozen food sales were roughly unchanged year on year on a local-currency basis, while overseas sales declined overall owing to foreign currency translation and lower sales of food-service products, among other factors. - FY2021-Q1First-quarter results updatedAnnual report
「Overseas sales were roughly unchanged year on year in North America on a local-currency basis, but declined overall owing to the impact of foreign currency translation and lower sales of food-service products, among other factors.」
North American frozen food sales were roughly unchanged year on year on a local-currency basis, but overseas sales declined overall owing to foreign currency translation and lower sales of food-service products. - FY2020AdvancedAnnual report
「Overseas frozen foods increased sales of Asian products in North America and Europe, but sales declined owing to the impact of foreign currency translation and the sale of Amoid Food Co., among other factors.」
Sales of Asian frozen foods in North America and Europe continued to expand, but overall sales declined owing to foreign exchange and other factors. The company also reported higher sales in North America on a local-currency basis and a significant increase in profit from productivity improvements. - FY2020-Q3RestatedAnnual report
「Overseas frozen foods posted a significant increase in profit, owing mainly to the effect of price increases in North America the previous year and productivity improvements.」
The improvement in profitability from price increases in North America the previous year and productivity improvements continues to be reflected in the performance of the North American frozen food business. - FY2020-Q1AdvancedAnnual report
「Overseas frozen foods posted a significant increase in profit, owing mainly to the effect of price increases in the U.S. the previous year and productivity improvements.」
In the North American frozen food business, the effect of price increases in the previous year and productivity improvements resulted in a significant increase in profit, reflecting an improvement from the previous deterioration in profitability. - FY2019Deteriorating profitability, impairment loss and strategy centralizationAnnual report
「Although the North American frozen food business increased sales, mainly in the Asian category, it recorded an impairment loss because profitability had deteriorated as costs and logistics expenses rose in connection with establishing a new production system. Meanwhile, the Global Frozen Foods Strategy Department was established in April 2019 to centralize the global frozen food business strategy.」
The North American business increased sales while profitability deteriorated and an impairment loss was recorded, and steps were taken from April 2019 to centralize operations under the Global Frozen Foods Strategy Department. - FY2017-Q3RestatedAnnual report
「The company will drive further growth in the North American frozen food market for Japanese and Asian foods by combining the marketing capabilities, nationwide production facilities and distribution network, and sales capabilities of Windsor Quality Holdings, acquired in November 2014 and now Ajinomoto Windsor, with the Ajinomoto Group’s capabilities in developing locally adapted products and its production technology.」
The company continues to pursue a policy of combining Ajinomoto Windsor’s sales and production platform with the Ajinomoto Group’s product development and production technology. - FY2017-Q2RestatedAnnual report
「The company will drive further growth in the North American frozen food market for Japanese and Asian foods by combining the marketing capabilities, nationwide production facilities and distribution network, and sales capabilities of Windsor Quality Holdings, acquired in November 2014 and now Ajinomoto Windsor, with the Ajinomoto Group’s capabilities in developing locally adapted products and its production technology.」
The company continues to pursue a policy of combining Ajinomoto Windsor’s sales and production platform with the Ajinomoto Group’s product development and production technology. - FY2017-Q1RestatedAnnual report
「The company will drive further growth in the North American frozen food market for Japanese and Asian foods by combining the marketing capabilities, nationwide production facilities and distribution network, and sales capabilities of Windsor Quality Holdings, acquired in November 2014 and now Ajinomoto Windsor, with the Ajinomoto Group’s capabilities in developing locally adapted products and its production technology.」
The company continues to pursue a policy of combining Ajinomoto Windsor’s sales and production platform with the Ajinomoto Group’s product development and production technology. - FY2016First statedAnnual report
「The company will drive further growth in the North American frozen food market for Japanese and Asian foods by combining the marketing capabilities, nationwide production facilities and distribution network, and sales capabilities of the U.S. Windsor company acquired in November 2014 with the Ajinomoto Group’s capabilities in developing locally adapted products and its production technology.」
The North American Consumer Foods business was reorganized around Windsor, integrating marketing, sales and production technology.