TSE:2802Food
Is Ajinomoto (TSE:2802) Quietly Rewriting Its Investment Story Around Semiconductors And Biotech?
Morgan Stanley previously upgraded Ajinomoto from Equalweight to Overweight, arguing that recent profit weakness was driven largely by one-off factors such as upfront spending to accelerate profitability at Forge.
The bank’s confidence rests on Ajinomoto’s push into semiconductors, biotech, and overseas seasonings, signaling a broader shift beyond its traditional food roots.
We’ll now explore how Morgan Stanley’s focus on Ajinomoto’s semiconductor and biotech potential may reshape the...