Creating New Business Opportunities Adjacent to Existing Businesses
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: FY2024-Q2.
47 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「• Promotion of the new business creation project “A-STARTERS”」
The promotion of A-STARTERS has been reaffirmed as an ongoing materiality initiative for creating new businesses adjacent to existing operations. - FY2023AdvancedAnnual report
「We will establish an innovation strategy team that centralizes the intelligence function (Search & Partnering) at headquarters and in North America, providing direct access to the latest innovation information and activities worldwide and enabling rapid consideration and decisions on investments, partnerships and M&A.」
Exploration of adjacent areas and new businesses has been developed into an innovation strategy team at headquarters and in North America that can respond nimbly to investments, partnerships and M&A. - FY2022AdvancedAnnual report
「In January 2022, through its CVC, the company invested in おいしい健康, a startup operating a digital services business in the food and health sector.」
Through its CVC, the company gave concrete form to the exploration of new businesses in food and health, cultivated meat and cooking automation through investments in おいしい健康 and SuperMeat, and a collaboration agreement with TechMagic. - FY2021AdvancedAnnual report
「As a specific initiative to bring the capabilities of ventures into the Ajinomoto Group, the company launched A-STARTERS in fiscal 2020, a program to identify and develop internal entrepreneurs. It also established a corporate venture capital (CVC) arm to invest in domestic and overseas ventures, began recruiting personnel with specialized expertise from outside the company, and started exploring new partnerships.」
The company gave concrete form to the creation of new opportunities adjacent to existing businesses through A-STARTERS, investments in CVC and AgFunder, collaboration with BASE FOOD, and a capital and business alliance with DAIZ. - FY2020-Q3RestatedAnnual report
「MTG operates a liquid seasonings business with deep knowledge of consumer trends and preferences in North America and strong relationships with foodservice and processed-food companies. Through this acquisition, the company will use the menu development capabilities it gains in the foodservice market and its direct sales channels to foodservice companies, combining them with its proprietary ingredients and taste and texture technologies to expand its Deliciousness Solutions Business in North America and establish new specialties.」
Following the acquisition of 50.1% of MTG, the company reaffirmed its policy of expanding its Deliciousness Solutions Business in North America by combining MTG's menu development capabilities and direct sales channels to foodservice companies with its own technologies. - FY2020-Q2AdvancedAnnual report
「Through its consolidated subsidiary Ajinomoto Health & Nutrition North America, Inc., the company acquired 50.1% of the shares of MTG, a U.S. liquid seasonings company, on 23 August 2019, making it a consolidated subsidiary. A share purchase option has been granted for the remaining 49.9%, which is accounted for as a written put option related to non-controlling interests. MTG operates a liquid seasonings business with deep knowledge of consumer trends and preferences in North America and strong relationships with foodservice and processed-food companies. Through this acquisition, the company will use the menu development capabilities it gains in the foodservice market and its direct sales channels to foodservice companies, combining them with its proprietary ingredients and taste and texture technologies to expand its Deliciousness Solutions Business in North America and establish new specialties.」
The acquisition of 50.1% of MTG and its consolidation as a subsidiary gave the company menu development capabilities in the foodservice market and direct sales channels, advancing initiatives to expand its Deliciousness Solutions Business in North America. - FY2018AdvancedAnnual report
「Effective 1 April 2018, the company integrated its business supplying commercial products and ingredients, such as natural seasonings and enzyme preparations, to processed-food manufacturers with its business supplying products to the prepared-food and foodservice industries. It also decided to consolidate the Japan food-related R&D sites of Ajinomoto Frozen Foods Co., Inc., Knorr Foods Co., Ltd. and Ajinomoto AGF, Inc. at the company's Kawasaki Business Center.」
For the Deliciousness Solutions Business, the company integrated the commercial ingredients business with the business serving the prepared-food and foodservice industries, and also decided to consolidate the R&D sites of related companies. - FY2017RaisedAnnual report
「In the food business, the company will globally launch a new business pillar, the Deliciousness Solutions Business, which will comprehensively propose solutions for achieving deliciousness for the foodservice, prepared-food and processed-food industries. In addition to its strengths in taste and texture, the company will strengthen its flavor-related ingredients and technologies, establish a customer-focused, group-wide sales structure, and expand into the sweets field. It will then aim to become No. 1 in the umami seasonings and flavor seasonings categories.」
The company gave concrete form to the creation of new opportunities adjacent to existing businesses as a new business pillar, the global Deliciousness Solutions Business, and added a No. 1 target in the relevant areas. - FY2017-Q3RestatedAnnual report
「The company will proactively and flexibly create new business opportunities in adjacent areas based on the resources of existing products and businesses, making use of external capabilities to achieve breakthrough growth.」
The company continues to create new business opportunities by leveraging areas adjacent to existing businesses and external capabilities. - FY2017-Q2RestatedAnnual report
「The company will proactively and flexibly create new business opportunities in adjacent areas based on the resources of existing products and businesses, making use of external capabilities to achieve breakthrough growth.」
The company continues to create new business opportunities by leveraging areas adjacent to existing businesses and external capabilities. - FY2017-Q1RestatedAnnual report
「The company will proactively and flexibly create new business opportunities in adjacent areas based on the resources of existing products and businesses, making use of external capabilities to achieve breakthrough growth.」
The company continues to create new business opportunities by leveraging areas adjacent to existing businesses and external capabilities. - FY2016First statedAnnual report
「The company will proactively and flexibly create new business opportunities in adjacent areas based on the resources of existing products and businesses, making use of external capabilities to achieve breakthrough growth.」
The company will expand existing products and businesses into adjacent markets and use external companies and research institutions as means of achieving growth.