You are here

Global push puts Ajinomoto at risk of further downgrade

TASTE TEST: Faced with a falling population at home, Ajinomoto is trying to expand abroad.


AJINOMOTO Co's global acquisitions push has drawn a warning of a further credit rating downgrade, as sales of monosodium glutamate flag in Japan.

The maker of food seasonings was cut by one level to A+ in December by Standard & Poor's after its debt-funded US$800...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to