Food & Life Companies Ltd.
【FOOD & LIFE COMPANIES】Notice of Joint Venture Establishment and Subsidiary Conversion | May 2026
FOOD & LIFE COMPANIES plans to establish a joint venture in October 2026 in Mishima City, Shizuoka Prefecture, aimed at supporting aquaculture resources. The capital is 100 million yen, with an ownership ratio of 60% for the company and 40% for Kyoritsu. This initiative is part of the company's business strategy, and its impact on performance is expected to be minimal.
Key Figures
- Capital stock: 100 million yen
- Scheduled joint venture establishment date: October 2026
- Ownership ratio: FOOD & LIFE COMPANIES 60%, Kyoritsu 40%
AI要約
Overview of Joint Venture Establishment
FOOD & LIFE COMPANIES will establish a joint venture with Kyoritsu to promote the sustainability of marine resources. Scheduled for October 2026 in Mishima City, Shizuoka Prefecture, with a capital of 100 million yen. The ownership ratio is 60% for FOOD & LIFE COMPANIES and 40% for Kyoritsu, focusing on supporting aquaculture production. Kyoritsu has demonstrated expertise in water treatment and fisheries tagging, possessing advanced technologies in the environmental and fisheries sectors. This initiative is part of the group's business strategy and is expected to have a minor impact on financial results.
Future Outlook and Corporate Strategy
The establishment of this joint venture is a part of the long-term strategy to secure sustainable marine resources and ensure stable supply. Capital and human relationships between the companies are limited, and there are no current transactional relationships. After establishment, the company aims to reduce environmental impact and utilize resources efficiently through aquaculture support, contributing to the realization of the group's vision.
FOOD & LIFE COMPANIES
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