Yoshimura Food Holdings K.K. (2884) · InitiativeFirst stated

Making 林久右衛門商店 a Subsidiary and Expanding Sales of Dashi and Freeze-Dried Products Overseas

First written in FY2023-Q3. . Latest entry: FY2023-Q3.

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Expansion of the business platform through making 3 food-related companies subsidiariesA theme 8 companies write about · 0 as a headwind · 15 as a tailwind

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FY2023-Q3First statedAnnual report
「In recent years, as Japanese cuisine has become more widespread overseas, demand for authentic Japanese food has increased. Products handled by 林久右衛門商店, including dashi packs and monaka-style instant clear soup, are expected to be highly valued overseas. The Company expects further earnings growth by using its overseas sales network to expand sales.」
Acquired a manufacturer and seller of dried seafood, dashi and monaka-style instant clear soup products in Fukuoka, effective 12 December 2022. The acquisition consideration was ¥662.79 million, the voting rights ratio was 100%, and 28 February 2023 was scheduled as the business combination date. The Company plans to expand sales through freeze-dried manufacturing and joint product development with おむすびころりん本舗, as well as by using its overseas sales channels.

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