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Ajinomoto and Nomura Research Institute Announce a
Strategic IT Service Alliance Joint Venture and Share Transfer Agreements Concluded
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TOKYO, February 28, 2012 - Ajinomoto Co., Inc. (Ajinomoto) and Nomura Research Institute, Ltd. (NRI) have concluded a joint venture agreement and a share transfer agreement in connection with a strategic information technology (IT) service alliance. Ajinomoto's IT platform has become increasingly important to its operations. NRI is skilled at creating total solutions that combine consulting services and IT solutions. Aiming to become a genuine global company, Ajinomoto entered the alliance to strengthen its operating competitiveness. It will establish a rock-solid technology platform by using NRI's strengths to continuously enhance its productivity and technological capabilities. Under this alliance, NRI will add an information subsidiary to its corporate group that will be responsible for key functions of the Ajinomoto Group, a leader in the food industry with global operations. While using the NRI Group's business base to help the Ajinomoto Group strengthen its competitiveness, NRI aims to expand into industrial sectors as part of its long-term management plan, Vision 2015. As part of the alliance, NRI will acquire 51% of the shares issued and outstanding of a wholly owned Ajinomoto subsidiary, Ajinomoto System Techno Corporation (AJITEC), making it an NRI Group subsidiary as of April 1, 2012. The subsidiary's name will change to NRI System Techno, Ltd. (NRI System Techno). NRI System Techno will be the IT service provider for the Ajinomoto Group. It will make full use of the operating expertise of both Ajinomoto and NRI and actively exchange personnel with these two companies so that it can consistently provide the most advanced, highly specialized IT services. With an eye to develop globally in the future, NRI System Techno will work to expand its operations by aggressively providing advanced IT services to consumer industries. Alliance Details
Overview of NRI System Techno (Provisional)
Timeline for the Strategic Alliance between Ajinomoto and NRI
About Ajinomoto Ajinomoto is a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. For many decades Ajinomoto has contributed to food culture and human health through wide-ranging application of amino acid technologies. Today, the company is becoming increasingly involved with solutions for improved food resources, human health and global sustainability. Founded in 1909 and now operating in 26 countries, Ajinomoto had net sales of JPY 1,207.6 billion (USD 14.2 billion) in fiscal 2010. For more about Ajinomoto (TYO: 2802), visit www.ajinomoto.com. About NRI NRI originated from Nomura Securities' research section and IT section. NRI is the result of a merger that took place in 1988 between the former Nomura Research Institute, which was established in 1965 as the first private think tank in Japan, and Nomura Computer Center (NCC) which engaged in introduction Japan's first private use computer system in 1966. Since then, NRI has been providing consulting services on corporate strategy and business policy, as well as development, operation and joint utilization of IT systems. With annual sales of JPY 326.3 billion in fiscal 2010, NRI is now actively expanding its business worldwide. It has 17 offices in Asia, North America and Europe. For more about NRI (TYO 4307), visit www.nri.co.jp/english. For further information, please contact: Ajinomoto Co., Inc. Public Communications Department PR Group, E-mail: pr_info@ajinomoto.com Nomura Research Institute, Ltd. Corporate Communication Department, E-mail: kouhou@nri.co.jp Reference
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