- Business
- Otoki Corporation (KRX:007310), a leading South Korean food manufacturer founded in 1969 and headquartered in Anyang-si, Gyeonggi-do, produces and sells a diverse portfolio of processed food products including ramens; curries, jjajang, hash and soups; ketchups and mayonnaise; sauces and dressings; noodles; cooking mixes; jams, teas and syrups; snacks; frozen foods such as dumplings and processed meats; rice, porridge and grain foods; retorts and instant soups; oils, vinegars, cooking oils and spices; seaweeds, tuna and canned foods; and tomato pastes. The company serves both B2C and B2B markets, supplying customized sauces, jams, convenience foods like instant rice and ramen, frozen prepared foods, and basic ingredients such as vinegar, oil and tomato paste to institutions including schools, company cafeterias, military restaurants and restaurants. Otoki operates primarily in South Korea with international presence through subsidiaries like Otoki America in the United States and exports to global markets. In March 2025, the company changed its name from Ottogi Corporation to Otoki Corporation. Recent developments include a May 2025 investment of KRW56.5 billion in its US subsidiary Otoki America to expand the domestic market there; the November 2025 launch of halal-certified Jin Ramen in Indonesia; and the completion of the Poseung Factory along with ongoing sustainability initiatives highlighted in its 2025 report.