Okamura Foods Co., Ltd.
Notice Regarding Establishment of Subsidiary
The Company will establish a wholly-owned subsidiary in the Netherlands with capital of 1,500,000 EURO (approximately 270 million yen) in May 2026 to enter the European market and create synergies with its aquaculture business.
Key Figures
- Capital: 1,500,000 EURO (approximately 270 million yen)
- Scheduled Establishment Date: May 2026
- Scheduled Start of Operations: July 2026
AI要約
Purpose and Overview of Subsidiary Establishment
Okamura Foods Industry Co., Ltd. resolved at the Board of Directors meeting on March 24, 2026, to establish a wholly-owned subsidiary, Okamura Trading Netherlands B.V., in the Netherlands. The capital will be 1,500,000 EURO (approximately 270 million yen), with establishment scheduled for May 2026 and operations planned to begin in July 2026. The primary purpose is to make a full-scale entry into the European market and create synergies with the existing Danish aquaculture subsidiary. The Netherlands will serve as the hub due to its logistical and tax advantages, aiming to expand sales in major European countries.
Outlook and Impact
This subsidiary establishment is part of the overseas wholesale business expansion strategy, which is one of the growth drivers under the medium-term management plan 2030. The impact on consolidated earnings and segment information for the fiscal year ending June 2026 is expected to be minimal. The Company will continue to focus on expanding the overseas wholesale business and promptly disclose additional information as necessary.
