Ajinomoto vs Ibiden
Ibiden is larger by market cap ($36.0B vs $32.7B). Ajinomoto reports higher tracked revenue ($10.0B vs $1.7B). Both are primarily Substrates companies.
Shared segment: Materials.
Side-by-side
| Ajinomoto | Ibiden | |
|---|---|---|
| Market cap | $32.7B | $36.0B |
| Revenue | $10.0B (FY2026) | $1.7B (FY2026) |
| Primary segment | Substrates | Substrates |
| Market position | monopoly | leader |
| Country | Japan | Japan |
| Tracked suppliers | 0 | 1 |
| Tracked customers | 13 | 9 |
| Chokepoint / criticality | 99/100 | 81/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-08-12. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How Ajinomoto and Ibiden compare
- Size: Ibiden is the larger company by market cap.
- Revenue: Ajinomoto reports higher tracked revenue.
- Supply-chain criticality: Ajinomoto has the higher chokepoint score (99/100 vs 81/100).
- Footprint: Ajinomoto (Japan) vs Ibiden (Japan).