Tokyo Kiraboshi Financial Group plans to launch a joint venture in Vietnam to manufacture seasonings and food products as early as 2027. Its subsidiary Kiraboshi Bank will jointly invest with Moranbong and Vietnam's Tan Long Group. The specific partners and investment structure for the overseas expansion have been disclosed.
Tokyo Kiraboshi Financial Group has disclosed plans to establish a joint venture in Vietnam to manufacture seasonings and food products. Its subsidiary Kiraboshi Bank will invest jointly with Moranbong, based in Fuchu, Tokyo, and Vietnam's major food company Tan Long Group.
The new joint venture is targeted for establishment in 2027, with the aim of expanding the business through overseas operations. The article does not provide details of the capital structure or investment ratios.