Directors, Auditors and Corporate Executive Officers (As ... · Hiroshi Motoyama General Manager,...

4
Corporate Summary ʦ Ajinomoto Co., Inc. 2018 ʧ 1908 Dr. Kikunae Ikeda acquired patent to produce monosodium glutamate as the source of umami1909 Saburosuke Suzuki †rst marketed umami seasoning AJI-NO-MOTO® (launched on May 20) 1910 Adopted sales agent in Taiwan 1917 Opened New York purchasing and sales o⒏ce 1918 Opened Shanghai sales o⒏ce 1927 Opened Singapore sales o⒏ce 1956 Established Ajinomoto do Brasil Industria e Comercio (the present AJINOMOTO DO BRASIL INDÔSTRIA E COMÂRCIO DE ALIMENTOS LTDA. ) 1958 Established Union Chemicals Inc. (the present AJINOMOTO PHILIPPINES CORPORATION) 1960 Established AJINOMOTO COMPANY (THAILAND) LIMITED 1963 Launched Kellogg’s Ð (Corn Flakes) 1964 Launched Knorr Ð Soup 1965 Launched feed-use lysine 1969 Established PT AJINOMOTO INDONESIA 1970 Launched HON-DASHI 1972 Launched Ajinomoto KK’s Frozen Foods 1973 Collaboration with General Foods Corporation (Co⒎ee) 1974 Established Eurolysine S.A.(the present AJINOMOTO EUROLYSINE S.A.S.) (France) 1978 Launched menu-speci†c seasonings Cook DoÐ 1980 Safety of MSG re-veri†ed by the U.S. FDA 1984 Launched Pal Sweet Ð 1/60 (Sweetener) 1987 MSG †nally categorized as the safest food ingredient by the JECFA 1991 Established WEST AFRICAN SEASONING COMPANY LIMITED (Nigeria) ɹɹɹ Established B&W Vietnam Co., Ltd. (the present AJINOMOTO VIETNAM COMPANY LIMITED) 2011 Commenced the AminoIndex ÐCancer Screening business 2013 Collaboration with Toyo Suisan Kaisha, Ltd. (Instant noodles) 2014 Collaborative development with Center for iPS Cell Research and Application, Kyoto University ɹɹɹ (Cell culture medium for regenerative medicine) 2015 Collaboration with T. Hasegawa Co., Ltd. (Fermented natural ‡avors) ɹɹɹ Launched Ajinomoto Windsor, Inc. (the U.S.) 2016 Acquired a 33.33% stake in Promasidor Holdings Limited (British Virgin Islands) ɹɹɹ Acquired all shares of GeneDesign, Inc. (Japan) 2017 Introduction of Ajinomoto Group Global Brand Logo (AGB) ɹɹɹ Acquired LTS Inc. (France) (launched in July 2018 as Ajinomoto Frozen Foods France S.A.S.) Dr. Kikunae Ikeda The glutamic acid extracted from Kombu by Dr. Kikunae Ikeda (1908) Saburosuke Suzuki Head o⒏ce of Ajinomoto Co., Inc. The History of the Ajinomoto Group Initial launch products of HON-DASHI (1970) Business sites Areas where products are sold Number of production plants Number of R&D personnel Net sales FY2017 35 countries and regions Over 130 countries and regions 123 Number of employees 1,150.2 billion yen Over 1,700 34,452 ※As of March31, 2018  Overview of the Ajinomoto Group (As of April 1, 2018)

Transcript of Directors, Auditors and Corporate Executive Officers (As ... · Hiroshi Motoyama General Manager,...

Page 1: Directors, Auditors and Corporate Executive Officers (As ... · Hiroshi Motoyama General Manager, Solution & Ingredients Dept. and General Manager, Consumer Data Analysis & Business

This report is printed on FSC certified paper using vegetable oil based ink.

◉Representative Director, Chairman of the BoardMasatoshi Ito

◉Representative Director, President &  Chief Executive OfficerTakaaki Nishii

◉Representative Directors, Members of the Board & Corporate  Senior Vice PresidentsEtsuhiro TakatoGeneral Manager, Food Products Division; Advertising; Olympic & Paralympic Promotion

Hiroshi FukushiGeneral Manager, AminoScience Division

◉Member of the Board & Corporate Senior Vice President Masaya TochioGeneral Manager, Global Corporate Division and General Manager, Corporate Service Division

◉Member of the Board & Corporate Vice President Takeshi KimuraManagement of R&D; Deputy General Manager, Global Corporate Division and Deputy General Manager, Corporate Service Division

◉Outside DirectorsSakie T. FukushimaYasuo SaitoTakashi Nawa

◉Corporate Vice Presidents

◉Corporate Executive Officers

Directors, Auditors and Corporate Executive Officers (As of July 1, 2018)

◉Business Segments【Japan Food Products】 AJI-NO-MOTO®, HON-DASHI , Cook Do®, soups, mayonnaise and mayonnaise-type dressings, frozen foods, coffee beverages, etc. 【International Food Products】 AJI-NO-MOTO®, flavor seasonings, instant noodles, beverages, frozen foods, nucleotides, PAL SWEET®, etc.【Life Support】        Amino acids for feed-use, JINO®, Ajinomoto Build-up Film (ABF)/                  insulation film for build-up printed wiring boards, etc. 【Healthcare】        Amino acids for pharmaceuticals and foods, pharmaceuticals, Glyna®,                Amino Aile®, amino VITAL®, etc.

FY2017 FY2016Sales 1,150,209 1,091,195Business profit*1 97,322 96,852Profit attributable to owners of the parent company 60.741 53,065Total assets 1,425,859 1,350,105Basic earnings per share (Yen) 106.84 92.81Profit ratio attributable to owners of the parent company (ROE) (%) 9.7 8.7

*1:A profit indicator defined by Ajinomoto for administrative purposes   Business profit: Sales -Cost of sales -Selling expenses, Research & development expenses and General & administrative expenses + Share of profit of associates and joint ventures

◉Sales by Business (billions of yen) (FY2017)

Japan Food Products 384.1 (33%)International Food Products 464.7 (40%)Life Support 134.2 (12%)Healthcare 104.2 (9%)Others 62.7 (5%)

◉Sales by Region (billions of yen) (FY2017)

Japan 522.3 (45%)Asia 273.9 (24%)Americas 239.1 (21%)Europe 114.7 (8%)

◉Consolidated Results (millions of yen)

Financial Highlights (As of March 31, 2017)

◉Audit & Supervisory Board Members (Standing)Yoichiro Togashi ◉Audit & Supervisory Board Members (External) Atsushi TokiAttorney-at-law

Shizuo Tanaka

Hiroshi Murakami Hideki AmanoCertified Public Accountant

Makoto MurabayashiBusiness Strategy and Development

Kazuya OnomichiGeneral Manager, Institute for Innovation

Shunichi KomatsuGeneral Manager, Europe & Africa Division

Chiaki NosakaGeneral Manager, Institute of Food Sciences and Technologies, Diversity Promotion

Haruo KurataDeputy General Manager, Food Products Division

Hiroyuki KojimaDeputy General Manager, AminoScience Division and General Manager, Research Institute for Bioscience Products & Fine Chemicals

Hideki TakeuchiDeputy General Manager, Food Products Division

Kaoru KurashimaGeneral Manager, ASEAN Division

Yoshimasa YoshimiyaDeputy General Manager, Global CorporateDivision and Deputy General Manager,Corporate Service Division

Taro FujieDeputy General Manager, Global CorporateDivision and Deputy General Manager, Corporate Service Division, Work-Style Innovation

Masayoshi KurosakiGeneral Manager, Latin America Division

Masaya SugimoriGeneral Manager, China Division

Eiji MajimaDeputy President, AJINOMOTO EUROPE S.A.S.

Hiroshi MotoyamaGeneral Manager, Solution & Ingredients Dept.and General Manager, Consumer Data Analysis & Business Creation Dept.

Masahiro TaniGeneral Manager, Group Procurement Center

Daniel BercoviciPresident, AJINOMOTO EUROLYSINE S.A.S.

Gwinnett BompasDeputy General Manager, Europe & AfricaDivision and General Manager, PharmaceuticalCustom Manufacturing Dept.

Jiro SakamotoDirector, Promasidor Holdings Limited

Chika MorishimaGeneral Manager, Consumer Foods & Seasonings Dept.

Koji TamuraGeneral Manager, Production & Technology Administration Center

Takayuki KodaGeneral Manager, Manufacturing Strategy Dept.,Environment, Safety, and Plant ManagementSupport Dept.

Narutoshi FukaseGeneral Manager, Tokyo Branch

Tadahiko YokotaPresident, Ajinomoto Fine-Techno Co., Inc.

Hiroshi TsujitaGeneral Manager, Kawasaki Administration &Coordination Office and Kawasaki Plant

Junichiro KojimaGeneral Manager, R&D Planning Dept.

Yoshiteru MasaiGeneral Manager, Specialty Chemicals Dept.

Tetsuya NakanoGeneral Manager, Global Finance Dept. andGeneral Manager, Finance & Accounting Dept.

Tatsuya SasakiGeneral Manager, Corporate Planning Dept.

Hiroharu MotohashiDeputy General Manager, Food Products Division

Masami KashiwakuraPresident, Ajinomoto Animal NutritionNorth America, Inc.

Hideaki KawanaGeneral Manager, Food Production & Technology Administration Center

Takumi MatsuzawaGeneral Manager, Human Resources Dept.,Global Human Resources

Masaki KashiharaGeneral Manager, Technology DevelopmentCenter, Institute of Food Sciences & Technologies

David EnloePresident, Ajinomoto Althea, Inc.

Bernard KreilmannPresident, Ajinomoto Foods North America, Inc.

Corporate Summary[ Ajinomoto Co., Inc. 2018 ]

1908 Dr. Kikunae Ikeda acquired patent to produce monosodium glutamate as the source of “umami”1909 Saburosuke Suzuki Ⅱ first marketed umami seasoning AJI-NO-MOTO® (launched on May 20)1910 Adopted sales agent in Taiwan1917 Opened New York purchasing and sales office1918 Opened Shanghai sales office1927 Opened Singapore sales office1956 Established Ajinomoto do Brasil Industria e Comercio (the present AJINOMOTO DO BRASIL INDÚSTRIA E COMÉRCIO DE ALIMENTOS LTDA. )1958 Established Union Chemicals Inc. (the present AJINOMOTO PHILIPPINES CORPORATION)1960 Established AJINOMOTO COMPANY (THAILAND) LIMITED1963 Launched Kellogg’s® (Corn Flakes)1964 Launched Knorr® Soup1965 Launched feed-use lysine1969 Established PT AJINOMOTO INDONESIA1970 Launched HON-DASHI1972 Launched Ajinomoto KK’s Frozen Foods1973 Collaboration with General Foods Corporation (Coffee)1974 Established Eurolysine S.A.(the present AJINOMOTO EUROLYSINE S.A.S.) (France)1978 Launched menu-specific seasonings Cook Do®1980 Safety of MSG re-verified by the U.S. FDA1984 Launched Pal Sweet® 1/60 (Sweetener)1987 MSG finally categorized as the safest food ingredient by the JECFA1991 Established WEST AFRICAN SEASONING COMPANY LIMITED (Nigeria)    Established B&W Vietnam Co., Ltd. (the present AJINOMOTO VIETNAM COMPANY LIMITED)2011 Commenced the AminoIndex®Cancer Screening business2013 Collaboration with Toyo Suisan Kaisha, Ltd. (Instant noodles)2014 Collaborative development with Center for iPS Cell Research and Application, Kyoto University    (Cell culture medium for regenerative medicine)2015 Collaboration with T. Hasegawa Co., Ltd. (Fermented natural flavors)    Launched Ajinomoto Windsor, Inc. (the U.S.)2016 Acquired a 33.33% stake in Promasidor Holdings Limited (British Virgin Islands)    Acquired all shares of GeneDesign, Inc. (Japan)2017 Introduction of Ajinomoto Group Global Brand Logo (AGB)    Acquired LTS Inc. (France) (launched in July 2018 as Ajinomoto Frozen Foods France S.A.S.)

Dr. Kikunae Ikeda

The glutamic acid extracted from Kombu by Dr. Kikunae Ikeda (1908)

Saburosuke Suzuki Ⅱ

Head office of Ajinomoto Co., Inc.

The History of the Ajinomoto Group

Initial launch products of HON-DASHI (1970)

味の素グループの事業規模 (2016年4月1日現在)

Business sites Areas where products are sold Number of production plants

Number of R&D personnelNet sales FY2017

35 countries and regions Over130 countries and regions 123

Number of employees

1,150.2 billion yen Over1,70034,452※As of March31, 2018 

Overview of the Ajinomoto Group (As of April 1, 2018)

◉Corporate Overview【Company Name】 Ajinomoto Co., Inc.【Head Office】 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo 104-8315, Japan Tel: +81 (3) 5250-8111 http://www.ajinomoto.com/en/【Foundation】 May 20, 1909【Establishment】 December 17, 1925【Paid-in Capital】 ¥79,863 million (as of March 31, 2018)【Number of Employees】 3,464 (Parent company), 34,452 (Consolidated)/(as of March 31, 2018)【Fiscal Year-end】 March 31

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London

LagosAbidjan

Chennai Yangon

BangkokAyutthaya

Kamphaeng Phet

Hanoi

Beijing

Lianyungang

Shanghai

Seoul

Ho Chi Minh

Manila

Hong Kong

Guangzhou Xiamen

Taipei

Kuala Lumpur

Singapore

AJINOMOTO (SINGAPORE) PRIVATE LIMITED ●

Ajinomoto Animal Nutrition (Singapore) Pte. Ltd. ●

AJINOMOTO VIETNAM CO., LTD. ●▲▲

AJINOMOTO PHILIPPINES CORPORATION ●

AJINOMOTO PHILIPPINES GLOBAL FOOD INC. ●▲

AJINOMOTO PHILIPPINES FLAVOR FOOD INC. ●▲

AJINOMOTO TAIWAN INC. ●Taiso Commerce Inc. ●

Ajinomoto Korea Inc. ●Ajinomoto Genexine Co., Ltd. ●▲

Japan● 47 ▲ 32 ▲ 8 ▲ 1 ▲ 3

AJINOMOTO (MALAYSIA) BERHAD ●▲

PT AJINOMOTO INDONESIA ●▲▲

PT AJINOMOTO SALES INDONESIA ●

PT AJINOMOTO BAKERY INDONESIA ●

PT Ajinex International ●▲

PT LAUTAN AJINOMOTO FINE INGREDIENTS ●▲

JakartaSurabaya

WEST AFRICAN SEASONING COMPANY LIMITED ●▲

Asean Division ●Ajinomoto SEA Regional Headquarters Co., Ltd. ●AJINOMOTO CO. (THAILAND) LTD. ●▲▲▲▲▲▲Ajinomoto Betagro Frozen Foods (Thailand) Co., Ltd. ●▲Ajinomoto Betagro Specialty Foods Co., Ltd. ●▲Ajinomoto Frozen Foods (Thailand) Co., Ltd. ●▲AJINOMOTO SALES (THAILAND) CO., LTD. ● ▲FD Green (Thailand) Co., Ltd. ●▲Fuji Ace Co., Ltd. ●▲▲WAN THAI FOODS INDUSTRY CO., LTD. ●▲

OOO “AJINOMOTO” ●ZAO “AJINOMOTO-GENETIKA Research Institute” ●

China Division ●Ajinomoto (China) Co., Ltd. (Beijing, Shanghai, Guangzhou) ●

Ajinomoto Co., (Hong Kong) Ltd. ●Amoy Food Limited ●▲▲

Lianyungang Ajinomoto Frozen Foods Co., Ltd. ●▲Lianyungang Ajinomoto Ruyi Foods Co., Ltd. ●▲

Shanghai Ajinomoto Amino Acid Co., Ltd. ●▲SHANGHAI AJINOMOTO FOOD RESEARCH AND DEVELOPMENT CENTER CO., LTD. ●

Shanghai Ajinomoto Seasoning Co., Ltd. ●▲Xiamen Ajinomoto Life Ideal Foods Co., Ltd. ●▲

Xiamen Ajiraku Ideal Foods Co., Ltd. ●▲Shanghai ABPan Co., Ltd. ●▲

S.A. Ajinomoto OmniChem N.V. ●▲▲

Ajinomoto Poland Sp. z o.o. ●▲Ajinomoto Jawo Sp. z o.o. ●▲

Europe & Africa Division ●AJINOMOTO EUROPE S.A.S. ●

AJINOMOTO EUROLYSINE S.A.S. ●▲AJINOMOTO FOODS EUROPE S.A.S. ●▲

AmiensParisWetteren

HamburgWarsaw Moscow

AJINOMOTO (CAMBODIA) CO., LTD. ●▲

Phnom Penh

AJINOMOTO LAKSON PAKISTAN (PRIVATE) LTD. ●

Karachi

Cairo

Ajinomoto Foods Egypt S.A.E. ●

AJINOMOTO AFRIQUE DE L'OUEST S.A. ●▲

PortlandOntario

Eddyville

San Diego

Mexico City

Chicago

Lima

São Paulo

Fort Lee

British Virgin Islands

Raleigh

North America Division ●

Ajinomoto Althea, Inc. ●▲

Ajinomoto Toyo Frozen Noodles, Inc. ●▲Ajinomoto Fine-Techno USA Corporation ●

Latin America Division ●AJINOMOTO DO BRASIL INDÚSTRIA E COMÉRCIO DE ALIMENTOS LTDA. ●▲▲▲▲AJINOMOTO ANIMAL NUTRITION DO BRASIL INDÚSTRIA E COMÉRCIO LTDA. ●▲

AJINOMOTO DEL PERÚ S.A. ●▲

Ajinomoto de México, S. de R.L. de C.V. ● Dhaka

AJINOMOTO BANGLADESH LIMITED ●▲

Guayaquil

Sazonadores del Pacifico C. Ltda. ●▲

Promasidor Holdings Limited ●Bulacan

Cebu

Cupertino

● Head Office

● Branch Office

●  Regional Branch Offices & Other Sales Facilities

● Administration, Coordination Office & Plants

■ Group Companies

【Tokyo】● Tokyo Branch● National Account Sales Dept.■ Ajinomoto Animal Nutrition Group, Inc.■ AJINOMOTO BAKERY CO., LTD.■ Ajinomoto Communications Co., Inc.■ Ajinomoto Engineering Corporation■ Ajinomoto Frozen Foods Co., Inc.■ Ajinomoto AGF, Inc.■ AJINOMOTO HEALTHY SUPPLY CO., INC.■ AJINOMOTO LOGISTICS CORPORATION■ Ajinomoto Trading, Inc.■ Ajinomoto Treasury Management, Inc.■ ■

J-OIL MILLS, INC.

Kawaken Fine Chemicals Co., Ltd.

■ Hokkaido Ajinomoto Co., Inc.

【Kawasaki】● Kawasaki Administration &   Coordination Office

■ Ajinomoto Fine-Techno Co., Inc.

■ Ajinomoto Packaging Inc.

■ Knorr Foods Co., Ltd.

Tohoku Branch

■Okinawa Ajinomoto Co., Inc.

Hokuriku Branch

Nagoya Branch

Kanto Branch Head Office

■ NRI System Techno, Ltd.

● Tokai Plant

■ YAMAKI Co., Ltd.

■ GeneDesign, Inc.

● Kyushu Plant

Chushikoku Branch

Kyushu Branch

Osaka Branch

Global Network(As of July 1, 2018) The Ajinomoto Group is globally expanding in awide range of business fields, with operationsspanning 35 countries and regions.

Global network: 35 countries and regions(including 122 manufacturing and packaging plants in 24 countries and regions) (Japan: 44; Other Countries: 78)● Subsidiaries, Affiliates and Offices of Ajinomoto Co., Inc.▲ Foods Plants (90)▲ Amino Acids and Specialty Chemical Plants (23)▲ Pharmaceuticals Plants (1)▲ Other Plants (8)Divisions are regional headquarters.

Note : 1 Plants include packaging plants.   2 Not all plants are displayed on the map.

Valencia

AJINOMOTO FROZEN FOODS FRANCE S.A.S. ●

Agro2Agri, S.L. ●▲ Ajinomoto Nongshim Foods Co., Ltd. ●

Ajinomoto Health & Nutrition North America, Inc.●▲▲Ajinomoto Animal Nutrition North America, Inc. ●▲

Ajinomoto Foods North America, Inc. ●●▲▲▲▲▲▲▲▲

Cambrooke Therapeutics ●

Network in Japan(As of July 1, 2018)

AJINOMOTO ISTANBUL FOOD INDUSTRY AND TRADE LTD. CO. ●▲▲▲▲

■ Nippon Protein Co., Ltd.

■ Delica Ace Co., Ltd.

AJINOMOTO INDIA PRIVATE LIMITED ●▲MARUCHAN AJINOMOTO INDIA PRIVATE LIMITED ●▲

Istanbul

Myanmar Ajinomoto Foods CO., LTD. ●▲▲

FY2017

93.0billion

65.2billion

44.8billion207.0billion

79.2billion

87.0billion

27.2billion

483.3billion

The Ajinomoto Group’s Model forBusiness Expansionand Source for GrowthThe history of the Ajinomoto Group began when its founder Saburosuke Suzuki II started marketing umami, which was discovered by Dr. Kikunae Ikeda, as an umami seasoning called AJI-NO-MOTO ®. Since then, the Group has made efforts in amino acid-oriented R&D as glutamic acid, an amino acid, represents the essence of umami. Centered on the unique, leading-edge bioscience and fine chemical technologies cultivated through these efforts, the Group is involved in Food Products and AminoScience businesses.

Page 3: Directors, Auditors and Corporate Executive Officers (As ... · Hiroshi Motoyama General Manager, Solution & Ingredients Dept. and General Manager, Consumer Data Analysis & Business

London

LagosAbidjan

Chennai Yangon

BangkokAyutthaya

Kamphaeng Phet

Hanoi

Beijing

Lianyungang

Shanghai

Seoul

Ho Chi Minh

Manila

Hong Kong

Guangzhou Xiamen

Taipei

Kuala Lumpur

Singapore

AJINOMOTO (SINGAPORE) PRIVATE LIMITED ●

Ajinomoto Animal Nutrition (Singapore) Pte. Ltd. ●

AJINOMOTO VIETNAM CO., LTD. ●▲▲

AJINOMOTO PHILIPPINES CORPORATION ●

AJINOMOTO PHILIPPINES GLOBAL FOOD INC. ●▲

AJINOMOTO PHILIPPINES FLAVOR FOOD INC. ●▲

AJINOMOTO TAIWAN INC. ●Taiso Commerce Inc. ●

Ajinomoto Korea Inc. ●Ajinomoto Genexine Co., Ltd. ●▲

Japan● 47 ▲ 32 ▲ 8 ▲ 1 ▲ 3

AJINOMOTO (MALAYSIA) BERHAD ●▲

PT AJINOMOTO INDONESIA ●▲▲

PT AJINOMOTO SALES INDONESIA ●

PT AJINOMOTO BAKERY INDONESIA ●

PT Ajinex International ●▲

PT LAUTAN AJINOMOTO FINE INGREDIENTS ●▲

JakartaSurabaya

WEST AFRICAN SEASONING COMPANY LIMITED ●▲

Asean Division ●Ajinomoto SEA Regional Headquarters Co., Ltd. ●AJINOMOTO CO. (THAILAND) LTD. ●▲▲▲▲▲▲Ajinomoto Betagro Frozen Foods (Thailand) Co., Ltd. ●▲Ajinomoto Betagro Specialty Foods Co., Ltd. ●▲Ajinomoto Frozen Foods (Thailand) Co., Ltd. ●▲AJINOMOTO SALES (THAILAND) CO., LTD. ● ▲FD Green (Thailand) Co., Ltd. ●▲Fuji Ace Co., Ltd. ●▲▲WAN THAI FOODS INDUSTRY CO., LTD. ●▲

OOO “AJINOMOTO” ●ZAO “AJINOMOTO-GENETIKA Research Institute” ●

China Division ●Ajinomoto (China) Co., Ltd. (Beijing, Shanghai, Guangzhou) ●

Ajinomoto Co., (Hong Kong) Ltd. ●Amoy Food Limited ●▲▲

Lianyungang Ajinomoto Frozen Foods Co., Ltd. ●▲Lianyungang Ajinomoto Ruyi Foods Co., Ltd. ●▲

Shanghai Ajinomoto Amino Acid Co., Ltd. ●▲SHANGHAI AJINOMOTO FOOD RESEARCH AND DEVELOPMENT CENTER CO., LTD. ●

Shanghai Ajinomoto Seasoning Co., Ltd. ●▲Xiamen Ajinomoto Life Ideal Foods Co., Ltd. ●▲

Xiamen Ajiraku Ideal Foods Co., Ltd. ●▲Shanghai ABPan Co., Ltd. ●▲

S.A. Ajinomoto OmniChem N.V. ●▲▲

Ajinomoto Poland Sp. z o.o. ●▲Ajinomoto Jawo Sp. z o.o. ●▲

Europe & Africa Division ●AJINOMOTO EUROPE S.A.S. ●

AJINOMOTO EUROLYSINE S.A.S. ●▲AJINOMOTO FOODS EUROPE S.A.S. ●▲

AmiensParisWetteren

HamburgWarsaw Moscow

AJINOMOTO (CAMBODIA) CO., LTD. ●▲

Phnom Penh

AJINOMOTO LAKSON PAKISTAN (PRIVATE) LTD. ●

Karachi

Cairo

Ajinomoto Foods Egypt S.A.E. ●

AJINOMOTO AFRIQUE DE L'OUEST S.A. ●▲

PortlandOntario

Eddyville

San Diego

Mexico City

Chicago

Lima

São Paulo

Fort Lee

British Virgin Islands

Raleigh

North America Division ●

Ajinomoto Althea, Inc. ●▲

Ajinomoto Toyo Frozen Noodles, Inc. ●▲Ajinomoto Fine-Techno USA Corporation ●

Latin America Division ●AJINOMOTO DO BRASIL INDÚSTRIA E COMÉRCIO DE ALIMENTOS LTDA. ●▲▲▲▲AJINOMOTO ANIMAL NUTRITION DO BRASIL INDÚSTRIA E COMÉRCIO LTDA. ●▲

AJINOMOTO DEL PERÚ S.A. ●▲

Ajinomoto de México, S. de R.L. de C.V. ● Dhaka

AJINOMOTO BANGLADESH LIMITED ●▲

Guayaquil

Sazonadores del Pacifico C. Ltda. ●▲

Promasidor Holdings Limited ●Bulacan

Cebu

Cupertino

● Head Office

● Branch Office

●  Regional Branch Offices & Other Sales Facilities

● Administration, Coordination Office & Plants

■ Group Companies

【Tokyo】● Tokyo Branch● National Account Sales Dept.■ Ajinomoto Animal Nutrition Group, Inc.■ AJINOMOTO BAKERY CO., LTD.■ Ajinomoto Communications Co., Inc.■ Ajinomoto Engineering Corporation■ Ajinomoto Frozen Foods Co., Inc.■ Ajinomoto AGF, Inc.■ AJINOMOTO HEALTHY SUPPLY CO., INC.■ AJINOMOTO LOGISTICS CORPORATION■ Ajinomoto Trading, Inc.■ Ajinomoto Treasury Management, Inc.■ ■

J-OIL MILLS, INC.

Kawaken Fine Chemicals Co., Ltd.

■ Hokkaido Ajinomoto Co., Inc.

【Kawasaki】● Kawasaki Administration &   Coordination Office

■ Ajinomoto Fine-Techno Co., Inc.

■ Ajinomoto Packaging Inc.

■ Knorr Foods Co., Ltd.

Tohoku Branch

■Okinawa Ajinomoto Co., Inc.

Hokuriku Branch

Nagoya Branch

Kanto Branch Head Office

■ NRI System Techno, Ltd.

● Tokai Plant

■ YAMAKI Co., Ltd.

■ GeneDesign, Inc.

● Kyushu Plant

Chushikoku Branch

Kyushu Branch

Osaka Branch

Global Network(As of July 1, 2018) The Ajinomoto Group is globally expanding in awide range of business fields, with operationsspanning 35 countries and regions.

Global network: 35 countries and regions(including 122 manufacturing and packaging plants in 24 countries and regions) (Japan: 44; Other Countries: 78)● Subsidiaries, Affiliates and Offices of Ajinomoto Co., Inc.▲ Foods Plants (90)▲ Amino Acids and Specialty Chemical Plants (23)▲ Pharmaceuticals Plants (1)▲ Other Plants (8)Divisions are regional headquarters.

Note : 1 Plants include packaging plants.   2 Not all plants are displayed on the map.

Valencia

AJINOMOTO FROZEN FOODS FRANCE S.A.S. ●

Agro2Agri, S.L. ●▲ Ajinomoto Nongshim Foods Co., Ltd. ●

Ajinomoto Health & Nutrition North America, Inc.●▲▲Ajinomoto Animal Nutrition North America, Inc. ●▲

Ajinomoto Foods North America, Inc. ●●▲▲▲▲▲▲▲▲

Cambrooke Therapeutics ●

Network in Japan(As of July 1, 2018)

AJINOMOTO ISTANBUL FOOD INDUSTRY AND TRADE LTD. CO. ●▲▲▲▲

■ Nippon Protein Co., Ltd.

■ Delica Ace Co., Ltd.

AJINOMOTO INDIA PRIVATE LIMITED ●▲MARUCHAN AJINOMOTO INDIA PRIVATE LIMITED ●▲

Istanbul

Myanmar Ajinomoto Foods CO., LTD. ●▲▲

FY2017

93.0billion

65.2billion

44.8billion207.0billion

79.2billion

87.0billion

27.2billion

483.3billion

The Ajinomoto Group’s Model forBusiness Expansionand Source for GrowthThe history of the Ajinomoto Group began when its founder Saburosuke Suzuki II started marketing umami, which was discovered by Dr. Kikunae Ikeda, as an umami seasoning called AJI-NO-MOTO ®. Since then, the Group has made efforts in amino acid-oriented R&D as glutamic acid, an amino acid, represents the essence of umami. Centered on the unique, leading-edge bioscience and fine chemical technologies cultivated through these efforts, the Group is involved in Food Products and AminoScience businesses.

Page 4: Directors, Auditors and Corporate Executive Officers (As ... · Hiroshi Motoyama General Manager, Solution & Ingredients Dept. and General Manager, Consumer Data Analysis & Business

This report is printed on FSC certified paper using vegetable oil based ink.

◉Representative Director, Chairman of the BoardMasatoshi Ito

◉Representative Director, President &  Chief Executive OfficerTakaaki Nishii

◉Representative Directors, Members of the Board & Corporate  Senior Vice PresidentsEtsuhiro TakatoGeneral Manager, Food Products Division; Advertising; Olympic & Paralympic Promotion

Hiroshi FukushiGeneral Manager, AminoScience Division

◉Member of the Board & Corporate Senior Vice President Masaya TochioGeneral Manager, Global Corporate Division and General Manager, Corporate Service Division

◉Member of the Board & Corporate Vice President Takeshi KimuraManagement of R&D; Deputy General Manager, Global Corporate Division and Deputy General Manager, Corporate Service Division

◉Outside DirectorsSakie T. FukushimaYasuo SaitoTakashi Nawa

◉Corporate Vice Presidents

◉Corporate Executive Officers

Directors, Auditors and Corporate Executive Officers (As of July 1, 2018)

◉Business Segments【Japan Food Products】 AJI-NO-MOTO®, HON-DASHI , Cook Do®, soups, mayonnaise and mayonnaise-type dressings, frozen foods, coffee beverages, etc. 【International Food Products】 AJI-NO-MOTO®, flavor seasonings, instant noodles, beverages, frozen foods, nucleotides, PAL SWEET®, etc.【Life Support】        Amino acids for feed-use, JINO®, Ajinomoto Build-up Film (ABF)/                  insulation film for build-up printed wiring boards, etc. 【Healthcare】        Amino acids for pharmaceuticals and foods, pharmaceuticals, Glyna®,                Amino Aile®, amino VITAL®, etc.

FY2017 FY2016Sales 1,150,209 1,091,195Business profit*1 97,322 96,852Profit attributable to owners of the parent company 60.741 53,065Total assets 1,425,859 1,350,105Basic earnings per share (Yen) 106.84 92.81Profit ratio attributable to owners of the parent company (ROE) (%) 9.7 8.7

*1:A profit indicator defined by Ajinomoto for administrative purposes   Business profit: Sales -Cost of sales -Selling expenses, Research & development expenses and General & administrative expenses + Share of profit of associates and joint ventures

◉Sales by Business (billions of yen) (FY2017)

Japan Food Products 384.1 (33%)International Food Products 464.7 (40%)Life Support 134.2 (12%)Healthcare 104.2 (9%)Others 62.7 (5%)

◉Sales by Region (billions of yen) (FY2017)

Japan 522.3 (45%)Asia 273.9 (24%)Americas 239.1 (21%)Europe 114.7 (8%)

◉Consolidated Results (millions of yen)

Financial Highlights (As of March 31, 2017)

◉Audit & Supervisory Board Members (Standing)Yoichiro Togashi ◉Audit & Supervisory Board Members (External) Atsushi TokiAttorney-at-law

Shizuo Tanaka

Hiroshi Murakami Hideki AmanoCertified Public Accountant

Makoto MurabayashiBusiness Strategy and Development

Kazuya OnomichiGeneral Manager, Institute for Innovation

Shunichi KomatsuGeneral Manager, Europe & Africa Division

Chiaki NosakaGeneral Manager, Institute of Food Sciences and Technologies, Diversity Promotion

Haruo KurataDeputy General Manager, Food Products Division

Hiroyuki KojimaDeputy General Manager, AminoScience Division and General Manager, Research Institute for Bioscience Products & Fine Chemicals

Hideki TakeuchiDeputy General Manager, Food Products Division

Kaoru KurashimaGeneral Manager, ASEAN Division

Yoshimasa YoshimiyaDeputy General Manager, Global CorporateDivision and Deputy General Manager,Corporate Service Division

Taro FujieDeputy General Manager, Global CorporateDivision and Deputy General Manager, Corporate Service Division, Work-Style Innovation

Masayoshi KurosakiGeneral Manager, Latin America Division

Masaya SugimoriGeneral Manager, China Division

Eiji MajimaDeputy President, AJINOMOTO EUROPE S.A.S.

Hiroshi MotoyamaGeneral Manager, Solution & Ingredients Dept.and General Manager, Consumer Data Analysis & Business Creation Dept.

Masahiro TaniGeneral Manager, Group Procurement Center

Daniel BercoviciPresident, AJINOMOTO EUROLYSINE S.A.S.

Gwinnett BompasDeputy General Manager, Europe & AfricaDivision and General Manager, PharmaceuticalCustom Manufacturing Dept.

Jiro SakamotoDirector, Promasidor Holdings Limited

Chika MorishimaGeneral Manager, Consumer Foods & Seasonings Dept.

Koji TamuraGeneral Manager, Production & Technology Administration Center

Takayuki KodaGeneral Manager, Manufacturing Strategy Dept.,Environment, Safety, and Plant ManagementSupport Dept.

Narutoshi FukaseGeneral Manager, Tokyo Branch

Tadahiko YokotaPresident, Ajinomoto Fine-Techno Co., Inc.

Hiroshi TsujitaGeneral Manager, Kawasaki Administration &Coordination Office and Kawasaki Plant

Junichiro KojimaGeneral Manager, R&D Planning Dept.

Yoshiteru MasaiGeneral Manager, Specialty Chemicals Dept.

Tetsuya NakanoGeneral Manager, Global Finance Dept. andGeneral Manager, Finance & Accounting Dept.

Tatsuya SasakiGeneral Manager, Corporate Planning Dept.

Hiroharu MotohashiDeputy General Manager, Food Products Division

Masami KashiwakuraPresident, Ajinomoto Animal NutritionNorth America, Inc.

Hideaki KawanaGeneral Manager, Food Production & Technology Administration Center

Takumi MatsuzawaGeneral Manager, Human Resources Dept.,Global Human Resources

Masaki KashiharaGeneral Manager, Technology DevelopmentCenter, Institute of Food Sciences & Technologies

David EnloePresident, Ajinomoto Althea, Inc.

Bernard KreilmannPresident, Ajinomoto Foods North America, Inc.

Corporate Summary[ Ajinomoto Co., Inc. 2018 ]

1908 Dr. Kikunae Ikeda acquired patent to produce monosodium glutamate as the source of “umami”1909 Saburosuke Suzuki Ⅱ first marketed umami seasoning AJI-NO-MOTO® (launched on May 20)1910 Adopted sales agent in Taiwan1917 Opened New York purchasing and sales office1918 Opened Shanghai sales office1927 Opened Singapore sales office1956 Established Ajinomoto do Brasil Industria e Comercio (the present AJINOMOTO DO BRASIL INDÚSTRIA E COMÉRCIO DE ALIMENTOS LTDA. )1958 Established Union Chemicals Inc. (the present AJINOMOTO PHILIPPINES CORPORATION)1960 Established AJINOMOTO COMPANY (THAILAND) LIMITED1963 Launched Kellogg’s® (Corn Flakes)1964 Launched Knorr® Soup1965 Launched feed-use lysine1969 Established PT AJINOMOTO INDONESIA1970 Launched HON-DASHI1972 Launched Ajinomoto KK’s Frozen Foods1973 Collaboration with General Foods Corporation (Coffee)1974 Established Eurolysine S.A.(the present AJINOMOTO EUROLYSINE S.A.S.) (France)1978 Launched menu-specific seasonings Cook Do®1980 Safety of MSG re-verified by the U.S. FDA1984 Launched Pal Sweet® 1/60 (Sweetener)1987 MSG finally categorized as the safest food ingredient by the JECFA1991 Established WEST AFRICAN SEASONING COMPANY LIMITED (Nigeria)    Established B&W Vietnam Co., Ltd. (the present AJINOMOTO VIETNAM COMPANY LIMITED)2011 Commenced the AminoIndex®Cancer Screening business2013 Collaboration with Toyo Suisan Kaisha, Ltd. (Instant noodles)2014 Collaborative development with Center for iPS Cell Research and Application, Kyoto University    (Cell culture medium for regenerative medicine)2015 Collaboration with T. Hasegawa Co., Ltd. (Fermented natural flavors)    Launched Ajinomoto Windsor, Inc. (the U.S.)2016 Acquired a 33.33% stake in Promasidor Holdings Limited (British Virgin Islands)    Acquired all shares of GeneDesign, Inc. (Japan)2017 Introduction of Ajinomoto Group Global Brand Logo (AGB)    Acquired LTS Inc. (France) (launched in July 2018 as Ajinomoto Frozen Foods France S.A.S.)

Dr. Kikunae Ikeda

The glutamic acid extracted from Kombu by Dr. Kikunae Ikeda (1908)

Saburosuke Suzuki Ⅱ

Head office of Ajinomoto Co., Inc.

The History of the Ajinomoto Group

Initial launch products of HON-DASHI (1970)

味の素グループの事業規模 (2016年4月1日現在)

Business sites Areas where products are sold Number of production plants

Number of R&D personnelNet sales FY2017

35 countries and regions Over130 countries and regions 123

Number of employees

1,150.2 billion yen Over1,70034,452※As of March31, 2018 

Overview of the Ajinomoto Group (As of April 1, 2018)

◉Corporate Overview【Company Name】 Ajinomoto Co., Inc.【Head Office】 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo 104-8315, Japan Tel: +81 (3) 5250-8111 http://www.ajinomoto.com/en/【Foundation】 May 20, 1909【Establishment】 December 17, 1925【Paid-in Capital】 ¥79,863 million (as of March 31, 2018)【Number of Employees】 3,464 (Parent company), 34,452 (Consolidated)/(as of March 31, 2018)【Fiscal Year-end】 March 31