Expansion of Overseas Bases and Acceleration of Pesticide Registrations in Each Country

「Registration applications in Japan and South Korea have been completed for the new broad-spectrum insecticide cybenzoxasulfyl. Pyrifluquinazon was also newly launched in Tunisia, Libya, Israel and Vietnam, and registered in Chile and Morocco.」

「Building on the direct-sales structure established in the UK and Ireland in the previous fiscal year, we will work to expand sales of crop protection products, adjuvants, biostimulants, and other products, including products manufactured by Interagro (UK) Ltd., with which we integrated our operations.」

「The insecticide pyrifluquinazon was newly launched in the Dominican Republic, Tunisia, Libya, Israel, Canada, Nicaragua and El Salvador. Registration was also obtained in Chile (registered in August 2024) and Vietnam (registered in February 2025), and preparations are under way for sales launches during 2025.」

「As a key initiative during the third quarter, the company established a local subsidiary in Chile in October 2023 to strengthen and expand its business activities there. In December of the same year, it launched Orchestra Duet, a new combination product containing the rice insecticide benspyrimoxan, in India.」

「In India, the consolidated subsidiary Nichino India Pvt. Ltd. registered a new combination formulation of the new paddy-rice insecticide benzpyrimoxan, and a multipurpose plant capable of manufacturing multiple active ingredients was completed. The plant is scheduled to begin operations during the current fiscal year.」

「As a key initiative during the cumulative first quarter, Nichino Europe Co., Ltd., a consolidated subsidiary of the company, acquired all issued shares of Interagro (UK) Limited, a UK-based manufacturer and distributor of adjuvants and other additives and biostimulants, with the aim of expanding the business portfolio beyond chemically synthesized pesticides.」

「The insecticide flubendiamide is under consideration for further business expansion, and registration has been obtained in Argentina and the Philippines, following Brazil, a major market.」

「The Group's main initiative during the second quarter of the current cumulative consolidated period was the launch of full-scale sales of the new paddy-rice insecticide benzpyrimoxan in India, together with technical extension activities to expand sales.」

「The insecticide pyrifluquinazon was newly launched in Colombia. Registration was also obtained in India, Algeria and Oman, while registration reviews are under way in Israel, Saudi Arabia, the UAE and Taiwan. The company will continue working to expand the countries and regions in which the product is registered.」

「In May this year, we began selling the new paddy rice insecticide benzpyrimoxan, marketed as Orchestra, which obtained pesticide registration in Japan in September last year.」

「In Japan, the new mode of action was highly rated, and the product was granted priority review. As a result, pesticide registration was obtained earlier than usual, in September 2020, for Orchestra Flowable and Orchestra Dust DL. Orchestra Flowable sales began in May 2021.」

「Benzpyrimoxan, a new insecticide for paddy rice independently invented by the company and for which applications for agricultural chemical registration were filed in Japan and India in February 2019, obtained agricultural chemical registration in Japan on 14 September of this year under the domestic product name Orchestra. Sales are scheduled to begin in May 2021.」

「The horticultural insecticide Colt was registered for food-use applications in the United States last November, and Nichino America, Inc. began sales in this field.」

「February 2018: Acquired all shares of Adnicol S.A.S. (now Nihon Nohyaku Andica S.A.S.) (now an unconsolidated subsidiary)」

「In domestic agrochemical sales, the company began selling Parade, a new fungicide, expanded its product portfolio in the herbicide segment, and worked to promote and expand sales of core internally developed products.」

「The new in-house-developed horticultural fungicide Parade, which had been under development for some time, was registered in March this year and launched in April.」

「Development of the new rice insecticide benspyrimoxan (NNI-1501) is progressing on schedule through collaboration with HCL, with the aim of simultaneously filing for registration in Japan and India in 2018.」

「In overseas markets, where continued growth is expected, we will continue expanding our bases in key markets in addition to the investments in overseas bases made under the previous medium-term management plan, and work toward steady growth in our overseas business.」