Ajinomoto Co., Inc. (TYO: 2802), is a Japanese company that produces food seasonings, cooking oils, foods and pharmaceuticals. The literal translation of Aji no Moto is “Essence of Taste,” used as a trademark for the company’s monosodium glutamate (MSG).
As of Feb 2009, Ajinomoto produces around 33% of the world’s MSG. Ajinomoto is active in 23 countries and regions worldwide, employing around 24,861 people as of 2004. Yearly revenue stands at US$9.84 billion.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.