
Notice of Revisions to the Consolidated Performance Forecast for the Fiscal Year Ending March 31, 2007 |
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March 27, 2007 - Ajinomoto Co., Inc. (Ajinomoto; President & CEO: Norio Yamaguchi; Headquarters: Tokyo, Japan) announced revisions to its consolidated performance forecast for the fiscal year ending March 31, 2007 to reflect recent performance trends and other factors. The new forecast replaces the one announced when interim results were released on November 10, 2006. Revisions to the Consolidated Performance Forecast for the Fiscal Year Ending March 31, 2007
(April 1, 2006 - March 31, 2007)
![]() Reasons for the Revision @The Overseas Food Products business is performing strongly, with expanding sales of seasonings and processed foods. However, in Domestic Food Products business, sales of key products decreased due to an unusually warm winter and raw material costs rose higher than assumption. In the Amino Acids business, selling prices have declined due to stronger competition. As a result of these and other factors, consolidated net sales and income are expected to fall short of the previous projections. @Note: The performance forecast above contains assumptions and predictions based on the future outlook and plans at the present time. Various factors could cause actual results to differ materially from the above forecast. |
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