DailySpaceAjinomoto (Malaysia) Berhad
2658 · Main Market主板（Main Market） · annual reports 2024 to 2026, 1782 entries read2024 至 2026 年报，共读出 1782 条
The company这家公司
Ajinomoto (Malaysia) Berhad was established in 1961 as one of the earliest Japanese companies to set up an office in Malaysia, and was accorded Pioneer Status benefits by the Malaysian Government. It produces and sells food and seasoning solutions ranging from household seasonings to commercial food service and industrial products. In 2022, the company relocated to a manufacturing plant in Bandar Enstek, Negeri Sembilan, and a new corporate headquarters in Technology Park Bukit Jalil, Kuala Lumpur.Ajinomoto (Malaysia) Berhad 于 1961 年成立，是进驻马来西亚最早的日本企业之一，并获马来西亚政府授予先锋地位待遇。公司生产和销售各类食品与调味品方案，涵盖家庭调味品、商业餐饮服务及工业产品。2022 年，公司迁至位于森美兰州 Bandar Enstek 的生产厂房，并在吉隆坡 Bukit Jalil 科技园设立了新企业总部。
Source: annual report 2025, page 5; annual report 2026, page 5.出处：2025 年年报第 5 页；2026 年年报第 5 页。
The business operates across two segments: Consumer Business and Industrial Business. In the financial year ended 31 March 2026, revenue from Consumer Business was RM547.9 million (RM547,933,305) and revenue from Industrial Business was RM162.3 million (RM162,274,405), out of total revenue of RM710.2 million (RM710,207,710).公司业务分为两个部门：消费者业务与工业业务。在截至 2026 年 3 月 31 日的财政年度，消费者业务营业额为 RM547.9 million（RM547,933,305），工业业务营业额为 RM162.3 million（RM162,274,405），营业额总计 RM710.2 million（RM710,207,710）。
Source: annual report 2026, pages 10, 88.出处：2026 年年报第 10、88 页。
In 2025, two major customers each accounted for 10% or more of trade receivables, together representing 21% of total trade receivables.2025 年，两名主要客户各占应收账款总额的 10% 或以上，合计占应收账款总额的 21%。
Source: annual report 2025, page 81; annual report 2026, page 90.出处：2025 年年报第 81 页；2026 年年报第 90 页。
Ajinomoto Co., Inc. is the controlling shareholder, holding 30,627,845 shares or 50.38%. The thirty largest shareholders in 2026 include pledged securities accounts with Alliancegroup Nominees (Tempatan) Sdn. Bhd. for Chin Chin Seong with 404,300 shares (0.66%), Kenanga Nominees (Tempatan) Sdn. Bhd. for WFM Assets Management Sdn. Bhd. with 375,500 shares (0.62%), and HLB Nominees (Tempatan) Sdn. Bhd. for Siva Kumar A/L M Jeyapalan with 180,000 shares (0.30%), Tan Kay Shin with 163,700 shares (0.27%), and Tan Soo Sie with 153,000 shares (0.25%).Ajinomoto Co., Inc. 是控股股东，持有 30,627,845 股或 50.38%。2026 年前三十大股东中的质押证券账户包括：Alliancegroup Nominees (Tempatan) Sdn. Bhd. 为 Chin Chin Seong 质押的 404,300 股（0.66%）、Kenanga Nominees (Tempatan) Sdn. Bhd. 为 WFM Assets Management Sdn. Bhd. 质押的 375,500 股（0.62%），以及 HLB Nominees (Tempatan) Sdn. Bhd. 分别为 Siva Kumar A/L M Jeyapalan 质押的 180,000 股（0.30%）、Tan Kay Shin 质押的 163,700 股（0.27%）和 Tan Soo Sie 质押的 153,000 股（0.25%）。
Source: annual report 2026, pages 13, 43, 44.出处：2026 年年报第 13、43、44 页。
Tomoharu Abe resigned as Managing Director and Chief Executive Officer on 30 June 2023 and was succeeded by Riichiro Osawa on 1 July 2023. Riichiro Osawa resigned on 31 March 2025, and Daisaku Wadami was appointed Managing Director and Chief Executive Officer on 1 April 2025. Shunsuke Sasaki resigned as Executive Director and Chief Finance Officer on 30 June 2025, succeeded by Taishi Akiyama on 1 July 2025. Zarina Binti Basar was appointed Executive Director on 1 July 2025. On 22 June 2026, Ajinomoto Co., Inc. issued a proposal letter expressing its intention to privatise the company via a selective capital reduction and repayment exercise.Tomoharu Abe 于 2023 年 6 月 30 日辞任董事总经理兼首席执行官，由 Riichiro Osawa 于 2023 年 7 月 1 日接任。Riichiro Osawa 于 2025 年 3 月 31 日辞职，Daisaku Wadami 于 2025 年 4 月 1 日获委任为董事总经理兼首席执行官。Shunsuke Sasaki 于 2025 年 6 月 30 日辞任执行董事兼首席财务官，由 Taishi Akiyama 于 2025 年 7 月 1 日接任。Zarina Binti Basar 于 2025 年 7 月 1 日获委任为执行董事。2026 年 6 月 22 日，Ajinomoto Co., Inc. 发出建议函，表明有意通过选择性资本削减与偿还计划将公司私有化。
Source: annual report 2024, page 4; annual report 2025, page 28; annual report 2026, pages 4, 90.出处：2024 年年报第 4 页；2025 年年报第 28 页；2026 年年报第 4、90 页。
Revenue by segment, 20262026 年各部门营业额
Source: annual report 2026, page 88.出处：2026 年年报第 88 页。
Revenue by market, 20262026 年各市场营业额
Source: annual report 2026, page 90.出处：2026 年年报第 90 页。
Major events大事记
Source: annual report 2024, pages 53, 90.出处：2024 年年报第 53、90 页。
Source: annual report 2024, page 90.出处：2024 年年报第 90 页。
Source: annual report 2024, pages 11, 45; annual report 2025, page 77.出处：2024 年年报第 11、45 页；2025 年年报第 77 页。
Source: annual report 2025, page 28; annual report 2026, page 4.出处：2025 年年报第 28 页；2026 年年报第 4 页。
Source: annual report 2026, page 174.出处：2026 年年报第 174 页。
Source: annual report 2026, page 90.出处：2026 年年报第 90 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity and cash资产、权益与现金
20242024 年
In the financial year ended 31 March 2024, the company completed the disposal of land and buildings in Jalan Kuchai Lama, Kuala Lumpur, on 11 March 2024 for cash consideration of RM411,050,000, receiving RM398,810,000 in cash during the year. A gain on disposal of RM394.2 million (RM394,230,559) increased profit before tax to RM452.6 million. Net cash generated from operating activities was RM66.4 million (RM66,389,986). The company repaid RM33,333,333 under its Islamic financing facility and repaid RM30,000,000 of advances from its ultimate holding company. Placements into liquid investments totaled RM310,276,885, while acquisitions of property, plant and equipment were RM9,675,675 and intangible assets were RM4,879,172. Dividends paid were RM5,532,667.在截至 2024 年 3 月 31 日的财政年度，公司于 2024 年 3 月 11 日完成脱售位于吉隆坡旧古仔路的土地与建筑物，现金代价为 RM411,050,000，年内收到现金 RM398,810,000。脱售收益 RM394.2 million（RM394,230,559）使税前盈利增至 RM452.6 million。营运活动所得现金净额为 RM66.4 million（RM66,389,986）。公司偿还了伊斯兰融资贷款 RM33,333,333，并偿还最终控股公司预付款项 RM30,000,000。流动投资存入 RM310,276,885，购置物业、厂房与设备支出 RM9,675,675，无形资产支出 RM4,879,172。已付股息为 RM5,532,667。
Source: annual report 2024, pages 10, 11, 52, 53, 71, 90.出处：2024 年年报第 10、11、52、53、71、90 页。
20252025 年
In the financial year ended 31 March 2025, net cash generated from operating activities was RM69.6 million (RM69,552,553). The company paid RM152,239,529 in dividends, comprising a special dividend of RM128.9 million (RM128,892,892) on 30 May 2024 and a final dividend of RM23.3 million (RM23,346,637) on 25 September 2024. The company fully settled its remaining Islamic financing facility of RM58,333,333, and paid Real Property Gain Tax of RM35,161,000 (RM35,160,535). Net cash generated from investing activities was RM94.1 million (RM94,061,552). Proceeds from the disposal of liquid investments were RM110,359,362. Acquisitions of property, plant and equipment were RM14,299,140 and intangible assets were RM5,548,221.在截至 2025 年 3 月 31 日的财政年度，营运活动所得现金净额为 RM69.6 million（RM69,552,553）。公司共支付股息 RM152,239,529，包括于 2024 年 5 月 30 日派发的特别股息 RM128.9 million（RM128,892,892）及于 2024 年 9 月 25 日派发的终期股息 RM23.3 million（RM23,346,637）。公司全数结清了余下的伊斯兰融资贷款 RM58,333,333，并支付产业盈利税 RM35,161,000（RM35,160,535）。投资活动所得现金净额为 RM94.1 million（RM94,061,552）。脱售流动投资收回 RM110,359,362。购置物业、厂房与设备支出 RM14,299,140，无形资产支出 RM5,548,221。
Source: annual report 2024, pages 45, 90; annual report 2025, pages 11, 34, 54, 55, 77; annual report 2026, pages 11, 54, 55.出处：2024 年年报第 45、90 页；2025 年年报第 11、34、54、55、77 页；2026 年年报第 11、54、55 页。
20262026 年
In the financial year ended 31 March 2026, net cash generated from operating activities rose to RM96.3 million (RM96,260,882). Capital expenditure for the acquisition of property, plant and equipment was RM20,747,926, prepayments for property, plant and equipment were RM2,662,571, and acquisition of intangible assets was RM1,787,814. Placements into liquid investments were RM44,630,090. Net cash used in investing activities was RM66.3 million (RM66,263,833). The company paid a final dividend of RM24,836,201 (40.85 sen per share) on 24 September 2025 in respect of the previous financial year. No dividend was declared for the financial year ended 31 March 2026. Net cash used in financing activities was RM27.0 million (RM27,027,197).在截至 2026 年 3 月 31 日的财政年度，营运活动所得现金净额升至 RM96.3 million（RM96,260,882）。购置物业、厂房与设备的资本开支为 RM20,747,926，购置物业、厂房与设备的预付款项为 RM2,662,571，购置无形资产为 RM1,787,814。存入流动投资为 RM44,630,090。投资活动所用现金净额为 RM66.3 million（RM66,263,833）。公司于 2025 年 9 月 24 日就上一财政年度派付终期股息 RM24,836,201（每股 40.85 仙）。截至 2026 年 3 月 31 日止财政年度未宣布派发股息。融资活动所用现金净额为 RM27.0 million（RM27,027,197）。
Source: annual report 2026, pages 11, 46, 53, 54.出处：2026 年年报第 11、46、53、54 页。
Across the three years三年合看
Cash flow from operations grew each year, from RM66.4 million in 2024 to RM69.6 million in 2025 and RM96.3 million in 2026. The RM408.0 million proceeds from the land disposal were fully deployed by 31 March 2026 across bank borrowing repayments of RM83,393,000, holding company advance repayment of RM30,000,000, special dividend distribution of RM128,893,000, Real Property Gain Tax of RM35,161,000, disposal expenses of RM1,477,000, and working capital of RM129,076,000. At 31 March 2026, total cash resources stood at RM347,987,040, comprising liquid investments of RM273,748,568, deposits with licensed banks of RM21,357,421, and cash and bank balances of RM52,881,051.营运活动现金流逐年增长，从 2024 年的 RM66.4 million 增至 2025 年的 RM69.6 million 及 2026 年的 RM96.3 million。脱售土地所得的 RM408.0 million 款项于 2026 年 3 月 31 日前已全数动用，包括偿还银行借款 RM83,393,000、偿还控股公司预付款 RM30,000,000、派发特别股息 RM128,893,000、缴纳产业盈利税 RM35,161,000、脱售开支 RM1,477,000 以及营运资金 RM129,076,000。截至 2026 年 3 月 31 日，现金资源合计 RM347,987,040，包括流动投资 RM273,748,568、持牌银行存款 RM21,357,421 以及现金与银行结余 RM52,881,051。
Source: annual report 2024, page 11; annual report 2025, page 11; annual report 2026, pages 11, 33, 64, 96.出处：2024 年年报第 11 页；2025 年年报第 11 页；2026 年年报第 11、33、64、96 页。
Still to be spent尚未支出的承诺
Commitments for property, plant and equipment (RM9,784,851) and intangible assets (RM1,472,235) totalled RM11,257,086 at 31 March 2026, up from RM9,877,478 a year earlier; the 2025 report gives RM11,734,863 for 2024. All proceeds from the land disposal had been fully utilised, leaving no unspent balance.截至 2026 年 3 月 31 日，物业、厂房与设备（RM9,784,851）及无形资产（RM1,472,235）的承诺合计 RM11,257,086，高于一年前的 RM9,877,478；2025 年报列出 2024 年为 RM11,734,863。脱售土地所得款项已全数动用完毕，无剩余未用结余。
Source: annual report 2025, page 78; annual report 2026, pages 33, 76.出处：2025 年年报第 78 页；2026 年年报第 33、76 页。
Four years of figures四年数字
Group figures, in RM, as printed in the statements.集团数字，单位令吉，照财务报表所印。
| Group集团 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 603,746,767 | 636,446,051 | 684,504,063 | 710,207,710 |
| Profit before tax税前盈利 | 15,860,005 | 452,585,093 | 74,933,376 | 86,009,467 |
| Profit for the year年度盈利 | 27,491,461 | 401,419,744 | 49,663,350 | 71,446,599 |
| Net cash generated from operating activities营运活动所得现金净额 | (10,421,088) | 66,389,986 | 69,552,553 | 96,260,882 |
| Net cash generated from/(used in) investing activities投资活动所得／（所用）现金净额 | (23,965,390) | 69,461,222 | 94,061,552 | (66,263,833) |
| Dividends paid已付股息 | (5,167,875) | (5,532,667) | (152,239,529) | (24,836,201) |
| Total assets总资产 | 741,979,603 | 1,092,772,652 | 975,996,736 | 1,020,881,859 |
| Total liabilities总负债 | 213,013,819 | 168,642,828 | 154,708,023 | 153,252,788 |
| Total equity总权益 | 528,965,784 | 924,129,824 | 821,288,713 | 867,629,071 |
| Cash and cash equivalents现金与现金等价物 | 57,242,110 | 123,312,439 | 73,631,375 | 74,238,472 |
On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上，可看到它印在哪份年报的哪一页。
Said and done说过的与做到的
| What the reports said年报说要做的 | What later reports show之后年报显示的 | Status状态 |
|---|---|---|
| A first and final single-tier dividend of 38.40 sen per share for FYE 31.03.2024 to be paid on 25 September 2024建议就截至 2024 年 3 月 31 日财政年度派发每股 38.40 仙的首期兼终期单轨股息，于 2024 年 9 月 25 日支付 | Paid on 25 September 2024, totaling RM23,346,637 (RM23.3 million).于 2024 年 9 月 25 日支付，合计 RM23,346,637（RM23.3 million）。 Source: annual report 2024, pages 11, 45; annual report 2025, page 11; annual report 2026, page 76.出处：2024 年年报第 11、45 页；2025 年年报第 11 页；2026 年年报第 76 页。 | Paid已派发 |
| In the process of obtaining approval from the DOE to reuse at least 30% of treated wastewater for landscape irrigation and the scrubber system正在寻求环境局（DOE）批准，以将至少 30% 经处理的废水回用于景观灌溉及洗涤塔系统 | The 2025 report states that approval has been obtained from the DOE to recycle at least 30% of treated wastewater from the wastewater treatment plant.2025 年报确认已获得环境局批准，从污水处理厂回收至少 30% 的经处理废水。 Source: annual report 2024, page 154; annual report 2025, page 163.出处：2024 年年报第 154 页；2025 年年报第 163 页。 | Approval obtained已获批准 |
| Aim to transition fully from diesel-operated forklifts on the production site to electric chargeable models by 2025计划在 2025 年前将生产厂区的柴油叉车全面转为可充电电动型号 | Electric forklifts are replacing diesel units, while green logistics aims to phase out diesel yard equipment by the end of FYE2026.电动叉车正逐步取代柴油叉车，绿色物流计划在 2026 财政年度结束前淘汰柴油堆场设备。 Source: annual report 2024, page 145; annual report 2026, pages 151, 159.出处：2024 年年报第 145 页；2026 年年报第 151、159 页。 | Still in progress仍在进行中 |
| Aim to reduce food loss directed to landfill by 25% in FYE2024 and 50% in FYE2025 against the FYE2019 baseline计划在 2024 财政年度将填埋食物损耗较 2019 财政年度基准减少 25%，2025 财政年度减少 50% | Food loss disposed of in landfills fell by 85% in FYE2025 and 92.5% in FYE2026 against the FYE2019 baseline of 44 MT.填埋处置的食物损耗在 2025 财政年度较 2019 财政年度 44 MT 基准减少 85%，在 2026 财政年度减少 92.5%。 Source: annual report 2024, pages 113, 150; annual report 2025, page 111; annual report 2026, page 161.出处：2024 年年报第 113、150 页；2025 年年报第 111 页；2026 年年报第 161 页。 | Carried out已执行 |
| Set a 55% reduction target for Scope 1 and Scope 2 GHG emissions in FYE2024 from the FYE2019 baseline, and 65% for FYE2025设定 2024 财政年度范围一和范围二温室气体排放量较 2019 财政年度基准减少 55%，2025 财政年度减少 65% | Total Scope 1 and Scope 2 emissions fell by 66% in FYE2025 and 84.4% in FYE2026 against the FYE2019 baseline.范围一和范围二排放总量在 2025 财政年度较 2019 财政年度基准减少 66%，在 2026 财政年度减少 84.4%。 Source: annual report 2024, pages 113, 145; annual report 2025, page 111; annual report 2026, pages 109, 155.出处：2024 年年报第 113、145 页；2025 年年报第 111 页；2026 年年报第 109、155 页。 | Carried out已执行 |
| Transition towards 100% recyclable packaging materials by 2030, with Stage 1 covering 120g, 330g and 1kg SKUs计划到 2030 年过渡至 100% 可回收包装材料，第一阶段涵盖 120 克、330 克和 1 公斤包装 | Stage 1 was completed with implementation commencing in January 2025, while Phase 2 for 26g, 72g, and 80g SKUs is underway.第一阶段已完成并于 2025 年 1 月开始落实，涵盖 26 克、72 克和 80 克包装的第二阶段正在进行。 Source: annual report 2024, page 150; annual report 2025, page 161; annual report 2026, page 162.出处：2024 年年报第 150 页；2025 年年报第 161 页；2026 年年报第 162 页。 | Stage 1 implemented; Phase 2 in study第一阶段已落实；第二阶段研究中 |
What the reports leave open年报留下待看的事
- Deliberation and outcome of the proposed privatisation by Ajinomoto Co., Inc. through a selective capital reduction and repayment exercise, which remains subject to approvals from disinterested shareholders, authorities, and the High Court.Ajinomoto Co., Inc. 提出的通过选择性资本削减与偿还计划私有化公司的建议审议及进展，该提议仍需取得非利益相关股东、相关监管机构及高等法院的批准。
Source: annual report 2026, page 90.出处：2026 年年报第 90 页。
- Future dividend declarations after no dividend was recommended for the financial year ended 31 March 2026, following the single-tier dividend of RM24,836,201 (40.85 sen per share) paid in September 2025.截至 2026 年 3 月 31 日止财政年度未建议派发股息（2025 年 9 月曾派发 RM24,836,201 或每股 40.85 仙单轨股息）后的未来股息派发情况。
Source: annual report 2026, pages 11, 46.出处：2026 年年报第 11、46 页。
- Progress on capital expenditure commitments of RM11,257,086, comprising RM9,784,851 for property, plant and equipment and RM1,472,235 for intangible assets.总额为 RM11,257,086 的资本开支承诺落实进展，包括物业、厂房与设备的 RM9,784,851 及无形资产的 RM1,472,235。
Source: annual report 2026, page 76.出处：2026 年年报第 76 页。
- Implementation of Phase 2 packaging recyclability feasibility studies covering 26g, 72g, and 80g SKUs across SERI AJI and AJI SHIO products toward the zero plastic waste target by FYE2031.涵盖 SERI AJI 和 AJI SHIO 产品 26 克、72 克和 80 克包装规格的第二阶段包装可回收性可行性研究落实情况，以迈向 2031 财政年度零塑料垃圾的目标。
Source: annual report 2026, pages 162, 192.出处：2026 年年报第 162、192 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-30.内容为公司年报所印的事实，并注明页码；不评级，不构成投资建议。生成日期 2026-10-30。