The Ajinomoto Group is a food company group whose growth has been driven by cutting-edge bioscience and fine chemical technologies with amino acids as our starting point. We are also the world’s largest manufacturer of amino acids. The Ajinomoto story began in 1908, when Dr. Kikunae Ikeda, who wanted to “improve the nutritional of the Japanese people”, discovered Umami and company founder Saburosuke Suzuki commercialized the discovery as the product Ajinomoto. Their aspiration of “Eat well, Live well.” has been carried on continuously in the form of Ajinomoto Group Creating Shared Value (ASV), an initiative aimed at co-creating social value and economic value while helping resolve social issues. More than a century later, it remains the driving force behind the Group’s every business development effort and the pursuit of globalization.
In April of 2017, we will launch the FY2017-2019 (for 2020) Medium-Term Management Plan (the “Plan”). The new Management Plan provides a roadmap for becoming a global top 10 class food company as a “Genuine Global Specialty Company.” The key objective is to contribute to resolving issues facing human society in the 21st century by realizing our corporate slogan “Eat Well, Live Well” while vigorously implementing ASV group-wide across all of our businesses and in each region where we operate. To more steadily and surely accomplish this objective, we decided to newly set non-financial targets connected with our financial targets to be achieved through business activities, consisting of targets aimed at contributing to the resolution of environmental and social issues and a target aimed at enhancing governance, and to formulate and share with our stakeholders ASV Integrated Targets combining financial targets and non-financial targets.
The environment for our business is expected to change rapidly, and changes may occur in international politics, various economic frameworks, and regulatory policy. I believe that it is precisely in such an environment that it is essential for us to share dialogue and initiatives with society, mainly with our shareholders and all other stakeholders, while continuing to move ahead with reforms to create a strong business structure capable of adapting to circumstances. On that basis, we will aspire to achieve sustainable growth as a corporate group needed by society by steadily and surely achieving the ASV Integrated Targets beginning FY2017, the first year of the new Plan.
I request your continued support and encouragement.
President & Chief Executive Officer