AJINOMOTO CO., INC. Ajinomoto Group
ASV Report 2023
Integrated Report
Picture of the 2030
Ajinomoto Group
We will achieve "Eat Well, Live Well."
by going beyond resolving food and health issues, and contributing to the well-being of all human beings, our society, and our planet with "AminoScience."
Corporate Slogan
Eat Well,Live Well.
Purpose
ASV
Ajinomoto Group
Creating Shared Value
Purpose
Contributing to the well- being of all human beings, our society and our planet with "AminoScience"
ASV Initiatives
Co-creation of social and economic value through our business
AGW
Ajinomoto Group Way
Values
Create new value, Pioneer spirit, Social contribution, Value people
- Editorial policy
The Ajinomoto Group has advanced its Purpose and announced the Purpose-Driven Management by Medium-Term ASV Initiatives 2030 Roadmap in 2023. This ASV Report is intended to convey information in a way that will encourage reading, from the readers' viewpoint. The contents are centered on "AminoScience," which is our unique strength and the basis of value creation through ASV, as we seek to sustainably improving corporate value aimed at 2030 and beyond. We hope that this report will encourage dialogue and will help our shareholders, investors, and all other stakeholders to better understand and have empathy for our purpose.
- Organizational scope
This report covers the activities of the Group, comprising, unless otherwise noted, Ajinomoto Co., Inc. (the Company) and its consolidated subsidiaries and equity-method affiliates (as of March 31, 2023). When comprehensive Group information is not available, the data parameters are explicitly defined.
-
Period covered by this report
Fiscal 2022 (April 1, 2022 to March 31, 2023)
Past circumstances, data, and recent cases outside of this time period are presented when appropriate. - Precautions related to forward-looking statements
Business performance forecasts and other forward-looking statements presented in this report are based on management estimates, assumptions, and projections at the time of publication. The Company does not guarantee that the forward-looking statements will be fulfilled. Various factors could cause actual results to differ materially from expectations.
CONTENTS
CHAPTER 01
Introduction
Advanced Ajinomoto Group Purpose | 004 | |||
What is "AminoScience"? | 006 | |||
The Story of our Founding | 008 | |||
What ASV means to me | 010 | |||
All about the Ajinomoto Group | 012 | |||
What the Ajinomoto Group will be in 2030 | 016 | |||
CHAPTER | 02 | |||
Message from | ||||
the President and CEO | ||||
Using "AminoScience" to accelerate our growth and | ||||
progressing from structural reform to growth | 020 | |||
CHAPTER | 03 | |||
Materiality | ||||
Important issues (Materiality) for the Ajinomoto Group | 030 | |||
CHAPTER | 04 | |||
"AminoScience" in action | ||||
"AminoScience" in action | 032 | |||
CIO dialogue | ||||
The strength of the Ajinomoto Group based on | ||||
"AminoScience" and establishing sustainable growth | ||||
through innovation in the four growth areas | 034 | |||
Connecting the core businesses to the four growth areas | 038 | |||
Healthcare | ||||
Strengths in the healthcare area | 040 | |||
The AJIPHASE® breakthrough | 042 | |||
Strength of the Ajinomoto Group in culture media for | ||||
regenerative medicine | 044 | |||
Food & Wellness | ||||
Current strengths in the Food & Wellness area | 046 | |||
D2C platform innovations that deliver the joy of | ||||
personalized cuisine | 048 | |||
From "Food" to "Meals" _ A new business model | ||||
based on the FaaS concept | 050 | |||
ICT | ||||
ABF: The semiconductor insulator film that has | ||||
become a global standard | 052 | |||
An image of the future in the ICT area | 054 | |||
Green | ||||
"AminoScience" that leads the "with Earth" Era | 056 |
Ajinomoto Group ASV Report 2023 Integrated Report
Picture of the 2030 Ajinomoto Group
CHAPTER 05
Intangible assets
Intangible assets | 060 | |||
Human assets | 062 | |||
Customer assets | 070 | |||
Technology assets | 072 | |||
CHAPTER | 06 | |||
Sustainability | ||||
Sustainability | 074 | |||
CHAPTER | 07 | |||
Financial capital strategy | ||||
Financial capital strategy | 084 | |||
CHAPTER | 08 | |||
Corporate governance | ||||
Corporate governance | 088 | |||
Auditing systems | 090 | |||
Business execution | 093 | |||
Initiatives to stimulate discussion at the Board of | ||||
Directors | 094 | |||
Compensation | 098 | |||
Sustainability and Risk Management | 100 | |||
Internal control system / compliance / principal risks | 101 | |||
Directors and executive officers | 102 | |||
CHAPTER | 09 | |||
Performance and | ||||
corporate information | ||||
Review of financial results by segment | 106 | |||
Ten-year summary of financial data | 108 | |||
Performance data | 110 | |||
Global network | 112 | |||
Corporate data / stock information / stock | ||||
performance | 114 | |||
External evaluations / key communication materlals | 115 |
COVER STORY
"AminoScience" is the source of the Ajinomoto Group's unique strengths and competitiveness. Using an illustration inspired by "AminoScience" as a motif, we tried to express a world that co-creates greater social value and economic value.
Unauthorized copying or reproduction of this document is prohibited. ©Ajinomoto Co., inc. 2023 ASV REPORT 2023 003
CHAPTER
01 Introduction Advanced Ajinomoto Group Purpose
Advanced Ajinomoto Group Purpose
⁜Contributing to the well-being of all human beings, our society, and our planet with "AminoScience"
The Ajinomoto Group has advanced its purpose from "Unlocking the power of amino acids to resolve the food and health issues" to "contributing to the well-being of all human beings, society, and our planet with 'AminoScience'."
We consider well-being to mean health and happiness." Our advanced purpose therefore represents our commitment to achieving two outcomes by 2030 which are connected by food systems: to reduce our environmental impact by 50% and to help extend the healthy life expectancy of 1 billion people.
50% | 1 people |
billion | |
Reduce | Help extend |
our environmental | the healthy life |
impact | expectancy |
Food Systems
004 ASV REPORT 2023
"Health and happiness" for a more prosperous future
Fulfilling the Ajinomoto Group's corporate slogan of "Eat Well, Live Well." requires that we work with others to co- create social value and economic value through our business. We believe we can provide health and happiness for all human beings, our society, and our planet and create a more prosperous future by repeating a cycle of "honing our co-creation capabilities, realizing well-being from the consumer's perspective, and returning the value we create with our business activities."
To achieve that, our employees each must take a leading
role with the driving forces being our employees' passion for our Purpose and our stakeholders understanding of our mission. It's essential that we have a corporate culture that is continually working to realize our vision of what we want to be. The Ajinomoto Group will continue its constant pursuit of the co-creation of social value and economic value as we look beyond resolving food and health issues and contribute to the well-being of all human beings, our society, and our planet with "AminoScience."
ASV REPORT 2023 005
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Disclaimer
Ajinomoto Co. Inc. published this content on 31 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2023 07:43:05 UTC.
