Ajinomoto Co (TSE:2802) EPS without NRI: 円138.36 (TTM As of Mar. 2026)

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TSE:2802 Ajinomoto Co Inc TSE:2802
79 GF Score
Price 円5,656.00
GF Value 円3,702.66
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ajinomoto Co EPS without NRI?

Ajinomoto Co TSE:2802 +0.73% 79 EPS without NRI is 円138.36 as of Mar. 2026. GuruFocus rates TSE:2802 with a GF Score™ of 79/100 and a GF Value™ of 円3,702.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,524 Consumer Packaged Goods companies, Ajinomoto Co ranks better than 62.8% on this metric.

Ajinomoto Co's earnings per share without non-recurring items for the three months ended in Mar. 2026 was 円46.54. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 円138.36.

During the past 12 months, Ajinomoto Co's average earnings per share (NRI) Growth Rate was 98.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 16.30% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 11.90% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Ajinomoto Co's EPS without NRI or its related term are showing as below:

TSE:2802' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -48.7   Med: 2.3   Max: 100.3
Current: 16.3

During the past 13 years, Ajinomoto Co's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 100.30% per year. The lowest was -48.70% per year. And the median was 2.30% per year.

TSE:2802's 3-Year EPS without NRI Growth Rate is ranked better than
62.8% of 1524 companies
in the Consumer Packaged Goods industry
Industry Median: 7.3 vs TSE:2802: 16.30

Ajinomoto Co's EPS (Diluted) for the three months ended in Mar. 2026 was 円46.54. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円138.36.

Ajinomoto Co's EPS (Basic) for the three months ended in Mar. 2026 was 円46.54. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円138.36.


Ajinomoto Co  (TSE:2802) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Ajinomoto Co EPS without NRI Related Terms


Ajinomoto Co EPS without NRI Historical Data

* Premium members only.

The historical data trend for Ajinomoto Co's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ajinomoto Co EPS without NRI Chart

Ajinomoto Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.71 87.98 41.85 69.77 138.36

Ajinomoto Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.77 32.62 19.56 39.64 46.54

TSE:2802 vs KHC, GIS: EPS without NRI Comparison

For the Packaged Foods subindustry, Ajinomoto Co's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ajinomoto Co PE Ratio without NRI vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Ajinomoto Co's PE Ratio without NRI falls into.


TSE:2802
79GF Score
Ajinomoto Co Inc TSE:2802
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajinomoto Co EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円138.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of 円138.36 mean?
Ajinomoto Co (TSE:2802) has a EPS without NRI of 円138.36 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Ajinomoto Co and its competitors. According to the industry distribution chart, Ajinomoto Co ranks #567 out of 1524 companies in the Consumer Packaged Goods industry, placing it in the top 37.2%.
Is Ajinomoto Co's EPS without NRI too high?
Ajinomoto Co's current EPS without NRI is 円138.36. Based on the distribution chart, Ajinomoto Co ranks #567 out of 1524 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ajinomoto Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto Co's EPS without NRI compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #567 out of 1524 companies for EPS without NRI. This puts Ajinomoto Co in the upper half of its industry. The industry median EPS without NRI is 7.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Consumer Packaged Goods company?
The median EPS without NRI among Consumer Packaged Goods companies is 7.30, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median EPS without NRI is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current EPS without NRI is 円138.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajinomoto Co stock overvalued right now?
Based on GuruFocus' analysis, Ajinomoto Co (TSE:2802) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,702.66, compared to a current price of 円5,656.00 — trading 52.8% above its estimated fair value. The current EPS without NRI is 円138.36. Ajinomoto Co's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Ajinomoto Co (TSE:2802), the current EPS without NRI is 円138.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ajinomoto Co (TSE:2802) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto Co stock appears to be overvalued. The current stock price of 円5,656.00 is trading 52.8% above its estimated GF Value™ of 円3,702.66. GuruFocus considers Ajinomoto Co to be Significantly Overvalued.

Key valuation signals for TSE:2802:

  • EPS without NRI: 円138.36
  • GF Value™: 円3,702.66 vs. price of 円5,656.00 (52.8% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the TSE:2802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajinomoto Co Business Description

Address 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Ajinomoto was founded in 1909, and it began manufacturing the world's first umami seasoning, MSG, made from amino acids. It has since grown to be one of the top manufacturers of sauces and seasonings and has diversified into frozen foods and the manufacture of other amino acid-based materials. Its sauces and seasonings are sold across Southeast Asia, Europe, and the Americas and are found in most supermarkets, making up approximately 60% of its revenue. The remaining 40% is roughly divided into the healthcare and others segment and the frozen food segment. Its healthcare and others segment also includes functional materials, which include an organic resin material, Ajinomoto Build-up Film, which is currently the industry standard for ABF substrates for semiconductors.
79GF Score

Get the complete analysis for TSE:2802

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円5,656.00
Price
円3,702.66
GF Value