Ajinomoto (Malaysia)

AJI

MYL2658OO002

Food Processing

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
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Mar. 12	Ajinomoto (Malaysia) Closes MYR408 Million Sale of Six Kuala Lumpur Land Plots	MT
Feb. 29	Ajinomoto Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI

Ajinomoto Malaysia Berhad : Annual Report 2022

July 28, 2022 at 11:17 am EDT

BERHAD

-W)

ANNUAL REPORT 2022

TABLE OF CONTENT

Scan this to view our

Annual Report online.

02	Corporate Information

04	Management Discussion and Analysis

11	Director's Profile

17	Corporate Governance Overview Statement

31	Additional Compliance Information

	Statement of Directors' Responsibility in Relation to

32	the Financial Statements

33	Statement on Risk Management and Internal
Control


36	Audit Committee Report

40	Statistics of Shareholdings

42	Financial Highlights

43	Financial Statements

99	List of Properties

100	Notice of Annual General Meeting

107	Sustainability Statement

	Form of Proxy

AJINOMOTO (MALAYSIA) BERHAD 196101000252 (4295-W) | ANNUAL REPORT 2022

CORPORATE

INFORMATION

04	10	05	11	09		07
08
02		01		03	06

DIRECTORS

01	Tan Sri Dato'	04	Shunsuke Sasaki	08	Norani Binti Sulaiman
	(Dr.) Teo Chiang Liang		(Chief Finance Officer)
	(Chairman)			09	Noriko Fujimoto

		05 Dominic Aw Kian-Wee
02	Koay Kah Ee			10	Takahiro Sato

		06	Kamarudin bin Rasid
03	Tomoharu Abe			11	Cheong Heng Choy

	(Managing Director	07	Azhan bin Mohamed

Chief Executive
Officer)

CORPORATE INFORMATION

(CONT'D.)

BANKERS

MUFG Bank (Malaysia) Berhad

Malayan Banking Berhad

Standard Chartered Bank Malaysia Berhad

AUDITORS

KPMG PLT

SOLICITORS

Lee, Ling & Partners

SECRETARIES

Chua Siew Chuan (MAICSA 0777689)

SSM PC No. 201908002648

Yeow Sze Min (MAICSA 7065735)

SSM PC No. 201908003120

REGISTERED OFFICE

Lot 5710, Jalan Kuchai Lama,

Petaling, 58200 Kuala Lumpur

Tel : 603-7980 6958

Fax: 603-7981 1731

AJINOMOTO (MALAYSIA) BERHAD 196101000252 (4295-W) | ANNUAL REPORT 2022

SHARE REGISTRAR

Securities Services (Holdings) Sdn. Bhd.

Level 7, Menara Milenium,

Jalan Damanlela,

Pusat Bandar Damansara,

Damansara Heights,

50490 Kuala Lumpur

Tel : 603-2084 9000

Fax: 603-2094 9940 / 603-2095 0292

STOCK EXCHANGE LISTING

Main Market of the Bursa Malaysia Securities

Berhad

AJINOMOTO (MALAYSIA) BERHAD 196101000252 (4295-W) | ANNUAL REPORT 2022

MANAGEMENT

DISCUSSION & ANALYSIS

Our Business

History & Milestone

Ajinomoto (Malaysia) Berhad ("the Company") was established in 1961 as distributor of AJI-NO-MOTO® monosodium glutamate ("MSG") for Ajinomoto Co., Inc., Japan. In 1965, the Company commenced production of MSG at its current factory under the AJI-NO-MOTO® brand.

The Company is one of the very first Japanese companies to be set up in Malaysia and has since established itself as a responsible and reputable food manufacturer and distributor for a variety of food seasoning products that is trusted by consumers for decades.

In 1965, the Company was recognised and approved as a Halal Food Manufacturer by the Department of Islamic

Development Malaysia (JAKIM) and has since maintained this certification. On 23rd November 2021 the Company was awarded "The Best Malaysian Halal Certificate Holder" Award under the Large Industry Category by JAKIM at

the National Halal Conference 2021.

The Company will be relocating to its state-of-the-art new factory in Taman Enstek Halal Hub in Negeri Sembilan by the end of this year.

					• Establishment of Production
	Commencement of				2 (seasonings and food
	Launch of "AJI-EKI"		• Launch of "PAL SWEET"	production line) factory
Establishment	"AJI-NO-MOTO"	Inauguration of
Sweetener	• Launch of "AJIMATE" Taste	Launch of
(Hydrolysed	Effluent Treatment
of Ajinomoto	plant operation	• Launch of Hydrolysed	Enhancing Seasoning
Vegetable Protein	Management	"SERI-AJI" Menu
(Malaya)	Awarded HALAL	Vegetable Protein (HVP)	• Awarded "AJI-NO-MOTO"	Launch of "Slim
Liquid)	(SALAM)	Specific
Co., Ltd	Certification	Powder	Product Certification	Up" Sweetener
		Seasoning

1961	1965	1971	1982	1989	1993	1996	2000

1963	1968	1978	1988	1992	1994	1998	2003

Corporate name	Company name	Launch of	Launch of	Launch of	Launch of	Awarded	Launch of
was changed to	was changed to	"AJI-SHIO"	"AJI-PLUS"	"AJI-AROMA"	"AJI-MIX"	ISO 9001	"TUMIX" Stock
Ajinomoto	Ajinomoto	Table Topping	Blended Flavour	Flavour Enhancing	Blended	Certification	Seasoning
(Malaysia)	(Malaysia) Berhad	Seasoning	Enhancer	Seasoning	Seasoning
Sdn Bhd	as the public
	company

2021

2020

2019

2017

2014

2012

2011

2010

2008

2006

2005

2004

• Launch of Seri-Aji®

• Launch

Hydrolysed

Establishment

50th

Launch of

Awarded

•

Launch of

Awarded

Fritter Seasoned

"aminoVITAL"

"Rasa Sifu"

Vegetable

of ASEAN

of Chicken

Anniversary

"Ajinomoto

OSHAS 18001

ISO 14001

"VONO"

HACCP

Flour

Jellly Flavoured

All in One

Protein (HVP)

Application

Meat

of Ajinomoto

Brand"

Certification

Instant Soup

Certification

• Launch of Seri-Aji®

Drink with

Seasoning

process

Centre

Powder Plant

(Malaysia)

Chicken Stock

•

Launch of

Banana Fritter Flour

Amino Acids

improvement

Berhad

"ACTIVA" TG

Series

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Ajinomoto (M) Bhd published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 15:16:08 UTC.

Latest news about Ajinomoto (Malaysia)

Ajinomoto (Malaysia) Closes MYR408 Million Sale of Six Kuala Lumpur Land Plots	Mar. 12	MT
Ajinomoto Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 29	CI
Ajinomoto Berhad Announces the Resignation of Encik Azhan Bin Mohamed as Executive Director	Feb. 29	CI
Ajinomoto Berhad Reports Write-Offs for the Quarter Ended September 30, 2023	Nov. 28	CI
Ajinomoto Berhad Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 28	CI
Ajinomoto Berhad(KLSE:AJI) added to S&P Global BMI Index	23-09-18	CI
Ajiya Returns to Profit in Fiscal Q1	23-08-25	MT
Ajinomoto Berhad Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-24	CI
Ajinomoto Sells Six Land Plots in Kuala Lumpur for MYR408 Million	23-07-21	MT
Ajinomoto Berhad Announces First and Final Single-Tier Dividend for the Financial Year Ended March 31, 2023, Payable on September 25, 2023	23-06-27	CI
Ajinomoto Berhad Announces Resignation of Tomoharu Abe as Managing Director, Effective June 30, 2023	23-06-27	CI
Ajinomoto Berhad Appoints Riichiro Osawa as Executive Managing Director, Effective July 1, 2023	23-06-27	CI
Ajinomoto Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023	23-05-30	CI
Ajinomoto Berhad Announces the Resignation of Mr. Dominic Aw Kian-Wee as Independent and Non Executive Director	23-05-30	CI
Ajinomoto Berhad Announces the Cessation of Mr. Dominic Aw Kian-Wee as Independent and Non Executive Member of Remuneration Committee, Effective 31 May 2023	23-05-30	CI
Ajinomoto Berhad Announces the Re-Designation of Puan Norani Binti Sulaiman from Independent and Non Executive Member of Nomination Committee to Independent and Non Executive Chairman of Nomination Committee, Effective 01 June 2023	23-05-30	CI
Ajinomoto Berhad Announces the Cessation of Mr. Dominic Aw Kian-Wee as Independent and Non Executive Chairman of Nomination Committee, Effective 31 May 2023	23-05-30	CI
Ajinomoto Berhad Announces the Re-Designation of Tan Sri Dato' Dr. Teo Chiang Liang to Non-Independent and Non Executive Director, Effective 31 May 2023	23-05-30	CI
Ajinomoto Berhad Announces the Resignation of Mr. Takahiro Sato as Executive Director	23-05-30	CI
Ajinomoto Berhad Announces Cessation of Dominic Aw Kian-Wee as Independent and Non Executive Member of Audit Committee, Effective 31 May 2023	23-05-30	CI
Ajinomoto Berhad Announces Retirement of Encik Kamarudin Bin Rasid as Executive Director	23-03-31	CI
Ajinomoto Berhad Announces Cessation of Koay Kah Ee as Independent and Non Executive Member of Nomination Committee	23-03-31	CI
Ajinomoto Berhad Announces Cessation of Koay Kah Ee as Independent and Non Executive Member of Remuneration Committee	23-03-31	CI
Nomoto Berhad Announces Appointment of Yong Kum Cheng as Executive Director, Effective April 1, 2023	23-03-31	CI
Ajinomoto Berhad Announces Resignation of Koay Kah Ee as Independent and Non Executive Director	23-03-31	CI

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Company Profile

Ajinomoto (Malaysia) Berhad is a Malaysia-based company, which is engaged in manufacturing and selling AJI-NO-MOTO products, and other seasoning and food items. The Company's business segments include Consumer and Industrial. The Consumer segment is engaged in the manufacturing and distribution of consumer products including AJI-NO-MOTO, flavor seasoning Tumix, menu seasoning Seri-Aji and other seasonings. The Industrial segment is engaged in the manufacturing and distribution of monosodium glutamate for industry-use, industrial seasonings and related products. It manufactures and distributes a range of seasoning and food products which include chicken stock, all-in-one seasoning, menu seasoning, pepper, sweetener and jelly drink with amino acids. The Company manufactures a range of taste and flavor enhancing products as well as binders and texture improvers for the food manufacturing and food industries, which are marketed under the Company's TENCHO and ACTIVA brand names.

Sector

Food Processing

Calendar

2024-05-22 - Q4 2024 Earnings Release (Projected)

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