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JAPAN: Ajinomoto Q1 profits tumble

30 July 2010

Japan-based food ingredients giant Ajinomoto said today (30 July) that its first-quarter profits had plummeted by more than a third due to losses on investment securities.

Quote, unquote: just-food's week in words

16 July 2010

This week M&S had its AGM, whose shareholder questions are always a source of humour. However leaving questions over Sir Stuart Rose's Russian spy heritage and problems about its socks falling apart "as soon as you look at them" alone, here's this week in quotes.

US/JAPAN: Kellogg sees "great opportunities" with Ajinomoto tie-up

14 July 2010

Kellogg has insisted its tie-up with Ajinomoto will give the US cereal giant "some great opportunities" to combine its product portfolio with the Japanese group's range of ingredients.

ASIA/MIDDLE EAST: Ajinomoto to expand business

14 July 2010

Japan's leading food seasoning manufacturer Ajinomoto Co. Inc is expanding across Asia and the Middle East.

JAPAN/US: Kellogg, Ajinomoto in R&D tie-up

12 July 2010

Cereal giant Kellogg and Japanese food group Ajinomoto are to join forces to develop products that are low in sugar and salt and that meet consumer demand to manage weight.

JAPAN: Ajinomoto targets 39% jump in profits

10 May 2010

Japanese food group Ajinomoto today (10 May) targeted a hike in profits for its next fiscal year after the company swung back into the black in the 12 months to the end of March.

US: Ajinomoto ramps up US production

16 April 2010

Japanese food manufacturer Ajinomoto is ramping up its US operations to serve Wal-Mart outlets.

JAPAN: Ajinomoto ups FY profit forecast

1 February 2010

Japanese food group Ajinomoto has upped its profit forecast for the full year on higher sales of seasonings.

JAPAN: Ajinomoto H1 hit by recession

6 November 2009

Japanese food group Ajinomoto said today (6 November) that the global economic recession hit its first-half profits.

UK: Asda wins aspartame court battle

16 July 2009

Asda today (16 July) claimed a “victory for common sense” when a UK court dismissed Japanese ingredients firm Ajinomoto’s lawsuit over Asda’s description of the artificial sweetener aspartame as a “nasty”.

JAPAN: Ajinomoto eyes international growth

8 July 2009

Japan’s Ajinomoto Co. said that it plans to double its food sales abroad to JPY300bn (US$3.19bn) by accelerating strategic M&A and developing new businesses in new areas.

JAPAN: Ajinomoto reports loss as costs, forex hit

15 May 2009

Ajinomoto Co. suffered a huge fall in income for its full year as revenues slipped, costs rose and foreign exchange issues took their toll.

JAPAN: Ajinomoto forecasts earnings hit

8 May 2009

Japanese food giant Ajinomoto has lowered its earnings forecast for the fiscal year ended 31 March as a result of the strength of the yen.

US: Ajinomoto eyes US frozen sales

23 April 2009

The US unit of Japanese food giant Ajinomoto has confirmed that it is targeting sales gains in the US with its frozen food offering.

US: Maui Land & Pineapple appoints finance chief

26 March 2009

Maui Land & Pineapple Co. (MLP) has appointed John Durkin as CFO with effect from 15 April.

JAPAN: Ajinomoto appoints president, CEO

16 March 2009

Japanese food group Ajinomoto has announced that its board of directors has given the green light to its proposed appointment of Masatoshi Ito as president and CEO.

JAPAN: Ajinomoto unveils strategy to 2010

6 March 2009

Ajinomoto unveiled its international strategy to 2010 at a news conference held in Tokyo to mark the company’s 100th anniversary.

THAILAND: Ajinomoto, Itoham to establish Thai JV

3 March 2009

Japanese food majors Ajinomoto Co. and Itoham Foods have agreed to set up a venture to establish operations in Thailand.

JAPAN: Ajinomoto looks to expand - report

10 February 2009

Japanese seasoning company Ajinomoto said it will look at merger and acquisition possibilities in the food industry in a bid to expand, according to reports.

JAPAN: Ajinomoto's outlook gloomy after 9M loss

2 February 2009

Japanese seasoning company Ajinomoto Co. today (2 February) predicted a full-year loss after it revealed that it swung into a net loss for the nine-month period ended 31 December.

JAPAN: Ajinomoto profits down on rising costs

7 November 2008

Rising raw material costs pushed Ajinomoto’s profits down for the six months ended 30 September.

JAPAN: Ajinomoto predicts H1 net loss

31 October 2008

Ajinomoto said today (31 October) that it expects to record a first-half net loss as rising costs hit its Amoy Foods subsidiary.

Japanese firms stress food safety to gain Chinese sales

2 October 2008

For the saddest of reasons, food safety issues are front of mind for anyone looking at the Chinese food market. Japanese companies have been active investors in China for some time, and see their high standards of food safety as a key marketing asset, one only likely to be accentuated by recent events. Michael Fitzpatrick and HsiaoYing Lin in Tokyo, and Ben Cooper report.

VIETNAM: Ajinomoto sets up seasonings site

22 September 2008

Ajinomoto, the Japan-based food giant, announced today (22 September) that it had set up a seasonings plant in Vietnam.

JAPAN: Ajinomoto raises US$327m in bond sale

10 September 2008

Ajinomoto Co. has raised JPY35bn (US$327m) through the sale of 15bn six-year bonds priced to yield 1.371% and 20bn 12-year bonds priced to yield 1.896%.

US: Monterey Foods makes board appointment

18 August 2008

US pasta-to-cheese maker Monterey Gourmet Foods has appointed Mark Frandsen to its board of directors.

JAPAN: Ajinomoto sees income plummet

11 August 2008

Japanese food company Ajinomoto Group has posted a 43.4% fall in operating income for the first quarter, which dropped to JPY7.9bn, as the slowing Japanese economy, higher fuel and materials costs and flat consumer spending weighed on profits.

JAPAN: Itoham, Ajinomoto join forces to cut costs

30 May 2008

Japanese meat firm Itoham Foods and processed food and seasonings giant Ajinomoto have agreed to work together to cut costs in a challenging trading environment.

Related research

Ajinomoto Co., Inc.

Datamonitor's Ajinomoto Co., Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Ajinomoto Co., Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Ajinomoto, a Japan based food company, produces seasonings, processed foods, frozen foods, beverages, and amino acids. It primarily operates in Japan, America, Europe and Asia. The company is headquartered in Tokyo, Japan and employs about 26,869 people. The company recorded revenues of JPY1,190,371 million (approximately $11,903.7 million) during the financial year (FY) ended March 2009, a decrease of 2.2% compared to FY2008. The operating profit of the company was JPY40,827 million (approximately $408.3 million) during FY2009, a decrease of 32.5% compared to FY2008. The net loss was JPY10,227 million (approximately $102.3 million) in FY2009, compared to a net profit of JPY28,229 million (approximately $282.3 million) in FY2008.

Ajinomoto Co., Inc. - SWOT Analysis

Datamonitor's Ajinomoto Co., Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Ajinomoto Co., Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Ajinomoto, a Japan based food company, produces seasonings, processed foods, frozen foods, beverages, and amino acids. It primarily operates in Japan, America, Europe and Asia. The company is headquartered in Tokyo, Japan and employs about 26,869 people. The company recorded revenues of JPY1,190,371 million (approximately $11,903.7 million) during the financial year (FY) ended March 2009, a decrease of 2.2% compared to FY2008. The operating profit of the company was JPY40,827 million (approximately $408.3 million) during FY2009, a decrease of 32.5% compared to FY2008. The net loss was JPY10,227 million (approximately $102.3 million) in FY2009, compared to a net profit of JPY28,229 million (approximately $282.3 million) in FY2008.

Premium Company Profile: Ajinomoto Co., Inc.

Ajinomoto's long term objective is to be a global company with business interests in food and food-related products, amino acid-based chemicals and pharmaceuticals.

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