Ajinomoto plans to make health drink producer Calpis 100% subsid

TOKYO, Japan - Ajinomoto Co. President Norio Yamaguchi (L) and Calpis Co. President Sohei Ishiwata pose for a photo after announcing at a press conference that Ajinomoto will turn Calpis into a wholly owned subsidiary on Oct. 1 through an equity swap. (Kyodo)