Ajinomoto To Restructure Food Businesses In Japan
Japanese food conglomerate Ajinomoto has announced that it is restructuring its seasonings and processed foods businesses, as part of the key strategies in its 2017-2019 management plan.
With an investment of 40 billion yen, the company aims to restructure and strengthen its production operations, including the development of a new company, and increase efficiency through new technologies.
Ajinomoto says that consumer needs are changing in Japan, mainly driven by the increase in single-person households and an ageing population, and its restructuring plans will help the company to accommodate these changes.
As part of these medium-term plans, a new firm will be created by Knorr Foods Co. and Ajinomoto Packaging in April 2019.
In addition, two new factories will be built on the premises of the Kawasaki administration and coordination office and the Tokai Plant, respectively. The company says that they will be equipped with advanced technology, including leading-edge ICT and automation devices.
Ajinomoto manufactures seasonings, processed foods, beverages, amino acids, pharmaceuticals and speciality chemicals, and operates in 30 countries globally.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Francesca Volpe. Click subscribe to sign up to ESM: The European Supermarket Magazine.