The largest fermentation company in the world in terms of volume, Ajinomoto said it will use the cash to boost production of food flavour enhancers - nucleotides and MSG - in Asia, Europe and Latin America. "Ajinomoto is pursuing a two-fold business strategy of providing a stable supply to the markets while improving profitability through cost reductions," the Japanese firm said in a statement yesterday. The company added it aims to achieve net sales of 410 billion yen and operating income of 63 billion yen in its amino acids business, which includes feed-use amino acids, amino acids for pharmaceuticals and foods, umami seasonings and amino acid-based sweeteners. Ajinomoto dominates the amino acid market (produced via fermentation), claiming more than 25 per cent of the market for the popular amino acid feed lysine and 30 per cent of the market for the umami ingredient, monosodium glutamate.