Ajinomoto Co Inc 2802

ABF Long-Term Growth Potential Remains High Amid Increasing Complex AI Chips

Ajinomoto introduced the umami flavor to the world with its flagship product, Monosodium Glutamate, in 1909 and continues to hold the leading market share—around 20% globally in the business-to-business segment and between 50% and 100% in direct-to-consumer markets, depending on the country. Aided by years of research and development in the manufacture of amino acids, it has diversified into healthcare, providing amino acids to pharmaceutical manufacturers, and into the electronic materials business, creating an epoxy resin, Ajinomoto Build Up Film, which has become the industry-standard insulation film in computer chip packaging.