Revision to Consolidated Performance Forecast for the
Fiscal Year Ending March 31, 2016
TOKYO, August 27, 2015– Based on the transfer of all of its equity in an equity-method affiliate and the recording of an extraordinary gain announced in its press release “Ajinomoto Co., Inc. to Transfer All of Its Equity in Its Instant Noodle Joint Venture Company with Nissin Foods Holdings Co., Ltd. in Brazil to Nissin Foods Holdings Co., Ltd.,” dated today, Ajinomoto Co., Inc. (“Ajinomoto Co.”) has revised its consolidated performance forecast for the fiscal year ending March 31, 2016 (April 1, 2015 – March 31, 2016), which was announced on May 8, 2015, as outlined in the following table.

1. Revision to the Consolidated Performance Forecast for the Fiscal Year Ending March 31, 2016
(April 1, 2015 – March 31, 2016)
(JPY millions)  
Net Sales Operating
Income
Ordinary
Income
Profit
Attributable to
Owners of
Parent
Net Income
per Share
(Yen)
Previous forecast (A) 1,263,000 82,000 85,000 50,000 84.49
Revised forecast (B) 1,263,000 82,000 85,000 65,000 109.83
Amount of change (B-A) 15,000
Percentage change (%) 30.0%
[Reference]
Results for the fiscal year ended
March 31, 2015
1,006,630 74,519 82,808 46,495 78.54

2. Reasons for the Revision
The revision of profit attributable to owners of parent from the performance forecast at the beginning of the fiscal year, which was announced on May 8, 2015, is due to recording an extraordinary gain related to the sale of equity in an equity-method affiliate.

Please note that Ajinomoto Co. intends to reinvest the proceeds from this sale in growth areas with potential for business development to further accelerate “global growth,” one of the key principles of its FY2014-2016 Medium-Term Management Plan. Consequently, the dividend forecast announced on May 8, 2015 is unchanged.

Note: The above performance forecast is based on Ajinomoto Co.’s estimates, assumptions and projections. A number of factors could cause actual results to differ from the above forecast.

About Ajinomoto Co.
Ajinomoto Co. is a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. For many decades Ajinomoto Co. has contributed to food culture and human health through wide-ranging application of amino acid technologies. Today, the company is becoming increasingly involved with solutions for improved food resources, human health and global sustainability. Founded in 1909 and now operating in 26 countries and regions, Ajinomoto Co. had net sales of JPY 1,006.6 billion (USD 9.17 billion) in fiscal 2014. For more about Ajinomoto Co. (TYO: 2802), visit www.ajinomoto.com.

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