Progress in Overseas Strategy
First written in FY2016. 7 of 15 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
87 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In February 2026, the company also entered into a memorandum of understanding on business cooperation with Smile Heart Foods Co.,Ltd. (head office: Kingdom of Thailand). Under the memorandum, the two companies will cooperate by leveraging their respective strengths, including sharing knowledge and product information in global markets and developing products for OEM manufacturing, with the aim of offering products that meet diverse market needs and strengthening their international business foundations.」
The company added a measure to expand its overseas business foundation through a memorandum of understanding on business cooperation with a Thai company, including the sharing of knowledge and product information and product development for OEM manufacturing. - FY2025-H1AdvancedAnnual report
「Through the acquisition of the shares, the Group will strengthen its overseas production and sales structure and work to enhance corporate value and realise its vision.」
The additional acquisition of PT.KML ICHIMASA FOODS is giving concrete form to efforts to strengthen the overseas production and sales structure based in Indonesia. - FY2023RestatedAnnual report
「In September 2017, the Group established a joint venture in Indonesia and began manufacturing and selling surimi-based products. It will strengthen exports from the joint venture to North America, the Middle East and other regions, focusing on Southeast Asia, where growth is continuing.」
The company continues its overseas strategy of strengthening exports to Southeast Asia, North America, the Middle East and other regions, based on the Indonesian joint venture. - FY2022AdvancedAnnual report
「For overseas markets, the company developed the ambient product Sea Salad, a crab-flavoured surimi product, and is conducting test sales in Asian countries while expanding export destinations toward the Middle East.」
Regarding overseas expansion centred on the Indonesian joint venture and other operations, the company describes the development of ambient products, test sales in Asian countries and the expansion of export destinations toward the Middle East. - FY2021AdvancedAnnual report
「Exports from the Indonesian joint venture to North America, Hong Kong, the Middle East and other regions have begun, and export volumes are increasing steadily.」
The company explains that exports from the Indonesian joint venture to North America, Hong Kong, the Middle East and other regions have begun and that export volumes are increasing steadily. - FY2021-Q3AdvancedAnnual report
「The gain resulted from the sale of buildings, structures and other assets held by the Group's overseas subsidiary, 一正農業科技（常州）有限公司.」
For the Chinese subsidiary whose production has been suspended, buildings, structures and other assets were sold in preparation for dissolution and liquidation, advancing the procedures for restructuring the overseas business. - FY2021-Q2AdvancedAnnual report
「マルス蒲鉾工業株式会社 resolved to dissolve at a board meeting held on 20 November 2020, while 一正農業科技（常州）有限公司 resolved to dissolve at a board meeting held on 24 December 2020.」
The Chinese subsidiary progressed to a resolution for dissolution, marking further progress in the restructuring of the overseas business. In connection with this, the company also recorded a ¥231.862 million gain on the sale of the subsidiary's buildings, structures and other assets. - FY2021-Q1AdvancedAnnual report
「At a board meeting held on 14 October 2020, the company resolved to transfer fixed assets held by its consolidated subsidiary 一正農業科技（常州）有限公司 as set out below and entered into an agreement on the same date. The consolidated subsidiary 一正農業科技（常州）有限公司 has currently suspended production, and the company decided to transfer the land, buildings and other assets it owns in preparation for its future dissolution and liquidation. Gain on transfer: approximately ¥190 million. Scheduled property handover: January 2021.」
For the Chinese subsidiary whose production has been suspended, the company decided to transfer fixed assets in preparation for dissolution and liquidation, and presented an expected handover in January 2021 and an expected gain on transfer of approximately ¥190 million. - FY2020ReframedAnnual report
「In September 2017, the Group established a joint venture with a local company in Indonesia and began manufacturing and selling surimi-based products. It will strengthen exports from the joint venture to North America, Asia and other regions, focusing on Southeast Asia, where growth is continuing.」
Following the suspension of the Chinese mushroom business, the description of the overseas strategy has shifted toward strengthening exports to North America and Asia from the Indonesian joint venture. - FY2020-Q3RestatedAnnual report
「一正農業科技（常州）有限公司 resolved to suspend production at a board meeting held on 13 November 2019.」
The company continues to disclose the Chinese subsidiary's decision to suspend production and the status of preparations for its disposal and liquidation. - FY2020-Q2Recognition of loss on disposal related to the Chinese subsidiary's decision to suspend productionAnnual report
「一正農業科技（常州）有限公司 resolved to suspend production at a board meeting held on 13 November 2019.」
The company again disclosed the Chinese subsidiary's decision to suspend production and recorded ¥14.019 million in loss on disposal of the subsidiary and ¥80.834 million in provision for loss on disposal of the subsidiary during the quarter. - FY2020-Q1SoftenedAnnual report
「However, consumer awareness of maitake products in the Chinese market did not spread to the level initially anticipated, making it extremely difficult to continue production. In light of this situation, the company repeatedly discussed and carefully considered measures concerning its efforts in the Chinese market and the restructuring of the business, and has now decided to suspend production at 一正常州. It plans to begin the necessary procedures for the dissolution and liquidation of 一正常州.」
The company decided to suspend production in its maitake production and sales business in China because consumer awareness did not reach the anticipated level. It plans to proceed with dissolution and liquidation, narrowing the scope of its overseas strategy. - FY2018RestatedAnnual report
「The Group established a local subsidiary in China to produce and sell mushrooms, and also established a joint venture in Indonesia to manufacture and sell surimi-based products, thereby expanding its overseas business.」
The company continues to describe its mushroom business in China and surimi-based products business in Indonesia as the pillars of its overseas expansion. - FY2017RestatedAnnual report
「The Group established a local subsidiary in China to produce and sell mushrooms, and also established a joint venture in Indonesia to manufacture and sell surimi-based products, thereby expanding its overseas business.」
The company continues to describe its mushroom business in China and surimi-based products business in Indonesia as the pillars of its overseas expansion. - FY2016First statedAnnual report
「⑤ Progress in overseas strategy」
In addition to mushroom production and sales in China, the company uses a joint venture in Indonesia engaged in the manufacture and sale of surimi-based products as a means of overseas expansion.