Established in 1961, Ajinomoto (Malaysia) Berhad has grown into a well-known manufacturer and distributor of food seasoning products in Malaysia. As at 22 August 2019, the company is worth RM1.04 billion in market capitalisation.
In this article, I’ll cover the company’s business segments, latest annual results, and stock valuation. Here are 10 things to know about Ajinomoto Malaysia before you invest:
1. Retail products: Starting with just Ajinomoto seasoning, this division has since expanded its product range to include chicken stock, seasoning for local dishes, and sweeteners. In March 2019, Ajinomoto Malaysia launched a brand-new all-in-one seasoning product — Rasa Sifu — which adds taste to wok-based delicacies. Segment revenue has grown at a compound annual growth rate (CAGR) of 5.1%, from RM221.4 million in 2011 to RM328.5 million in 2019.
2. Industrial Products: This division manufactures and supplies savoury seasoning products under