Agreements reached under this partnership
Business Alliance- 1
The parties will trial-cultivate the everbearing strawberry variety developed by HOB Co.,Ltd. at fields operated by a Vietnamese company partnered with CHITOSE AGRICULTURE COMPANY LIMITED, evaluate its cultivation and market suitability, and aim to expand its distribution locally.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Including the trial cultivation locally, the project will take several years to produce results, and its impact on earnings for the current fiscal year is expected to be minor.
| Item | Details |
|---|---|
| Name of alliance partner | CHITOSE AGRICULTURE COMPANY LIMITED |
| Alliance partner's business activities | The partner sells Chitose-branded food products, mainly strawberries and other fresh produce, at various supermarkets in Hanoi and Ho Chi Minh City, and also exports products to group companies in Singapore and Malaysia. |
| Alliance partner's location | Vietnam |
| Type of alliance | Business Alliance |
| Details of the alliance | The parties will trial-cultivate the everbearing strawberry variety developed by HOB Co.,Ltd. at fields operated by a Vietnamese company partnered with CHITOSE AGRICULTURE COMPANY LIMITED, evaluate its cultivation and market suitability, and aim to expand its distribution locally. |
| Contract Date | 15 July 2026 (date of disclosure stating that the agreement was executed; agreement execution date: Not disclosed) |
| Impact on Business Performance | Including the trial cultivation locally, the project will take several years to produce results, and its impact on earnings for the current fiscal year is expected to be minor. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Strawberry cultivation in Vietnam is currently limited to the winter season. The parties aim to achieve summer production using an everbearing variety and enable year-round supply. As it will take several years before the trial cultivation produces results, the impact on the current fiscal year's earnings is expected to be minor.