Expanding the Asian Cheese Business from a Vietnamese Subsidiary
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「A processed cheese plant in Vietnam is scheduled to begin operations in June 2026. Alongside the export sales of Japanese products already under way, the company is expanding its distribution channels by establishing a local sales structure and developing its customer base.」
Following the establishment and consolidation of the Vietnamese subsidiary, the company is proceeding with the launch of a processed cheese plant in June 2026 and the development of local distribution channels. - FY2025AdvancedAnnual report
「MEGMILK SNOW BRAND VIETNAM CO.,LTD. became a consolidated subsidiary following its establishment, effective from the current fiscal year.」
The policy of making Vietnam a new base for the Asia business has progressed to the establishment of a local subsidiary and its inclusion in the scope of consolidation. - FY2024First statedAnnual report
「Overseas, the company will establish a subsidiary in Vietnam as a new base in Asia, a strategic region for the group comprising Southeast Asia, East Asia and Oceania, to further strengthen its overseas business expansion. By promptly beginning business development aimed not only at Vietnam but also at neighboring countries, the company will accelerate the global expansion of its cheese business.」
The company has for the first time specified a plan to use its Vietnamese subsidiary as a new base in Asia and accelerate the global expansion of its cheese business, including into neighboring countries.