Ajinomoto Shares Rally 10% as Coffee, Seasonings Fuel Profit

Ajinomoto Co. shares gained as much as 10% in their steepest climb since November 2024 after the Japanese seasoning maker reported better-than-expected quarterly earnings and raised its business profit outlook.

The Tokyo-based firm, known for inventing MSG, posted ¥59.2 billion ($378 million) in business profit for the three months through December, a 15% increase from the year before, along with ¥425 billion in net sales, beating the market estimate of ¥420 billion. The company also hiked its full-year profit outlook to ¥181 billion from ¥180 billion.