FOODBOX x Chikugin Bank Launch Service Collaboration for "Food Baton" Supporting Agricultural Business Succession and Third-Party Succession
Key facts
- FOODBOX x Chikugin Bank Launch Service Collaboration for "Food Baton" Supporting Agricultural Business Succession and Third-Party Succession
- FOODBOX Inc. has announced a service collaboration with The Chikugin Bank, Ltd. for "Food Baton," a service that supports third-party succession of agricultural businesses. This partnership aims to strengthen financial support for companies taking over agricultural operations and facilitate ongoing business succession projects, primarily in the Kyushu and Yamaguchi regions. Food Baton is a new FOODBOX initiative that provides approximately three years of accompanying support, from matching retiring farmers with successor companies to assisting with management transition and value enhancement post-transfer.
- Source: PR Times
- Date: May 13, 2026
Direct answer
FOODBOX Inc. has announced a service collaboration with The Chikugin Bank, Ltd. for "Food Baton," a service that supports third-party succession of agricultural businesses. This partnership aims to strengthen financial support for companies taking over agricultural operations and facilitate ongoing business succession projects, primarily in the Kyushu and Yamaguchi regions. Food Baton is a new FOODBOX initiative that provides approximately three years of accompanying support, from matching retiring farmers with successor companies to assisting with management transition and value enhancement post-transfer.
- Citation
- FOODBOX x Chikugin Bank Launch Service Collaboration for "Food Baton" Supporting Agricultural Business Succession and Third-Party Succession (May 13, 2026), PR Times
- Source
- PR Times
- Date
- May 13, 2026
FOODBOX Inc. has announced a service collaboration with The Chikugin Bank, Ltd. for "Food Baton," a service that supports third-party succession of agricultural businesses. This partnership aims to strengthen financial support for companies taking over agricultural operations and facilitate ongoing business succession projects, primarily in the Kyushu and Yamaguchi regions. Food Baton is a new FOODBOX initiative that provides approximately three years of accompanying support, from matching retiring farmers with successor companies to assisting with management transition and value enhancement post-transfer.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 18:00
- 🔍 Collected: May 13, 2026 at 09:31
- 🤖 AI Analyzed: May 13, 2026 at 10:16 (44 min after Collected)
FOODBOX Inc. (Headquarters: Minato-ku, Tokyo; Representative Director and President: Keisuke Nakamura; hereinafter "FOODBOX") announces the commencement of a service collaboration with The Chikugin Bank, Ltd. (Head Office: Kurume City, Fukuoka Prefecture; Representative Director and President: Hiroyuki Tsuruhisa; hereinafter "Chikugin Bank") for "Food Baton," a service that supports the third-party succession of agricultural businesses from farmers to general companies. By advancing this collaboration with Chikugin Bank, we aim to make economic support for companies taking over agricultural businesses smoother and stronger.
"Food Baton" dedicated website: https://foodbox-jp.com/matching/
FOODBOX × Chikugin Bank Collaboration Flyer
Background of Service Collaboration
Recently, multiple business succession projects are underway using the Food Baton scheme, primarily in the Kyushu and Yamaguchi areas. In this context, Chikugin Bank has also received consultations regarding agricultural business succession, and it was deemed indispensable to collaborate to contribute to solving regional agricultural issues and development. By promoting collaboration with Chikugin Bank, we will make economic support for companies taking over agricultural businesses smoother and stronger.
Overview of Agricultural Business Succession "Food Baton" Service
Food Baton is a new business of FOODBOX that not only focuses on new farmers and corporate entry but also seeks out "diamonds in the rough" among retiring farmers and provides accompanying support for agricultural business succession. In addition to searching for and mediating between retiring farmers and companies taking over, FOODBOX provides accompanying support for management transition and value improvement for approximately three years after the transfer, aiming for a smooth management transition and short-term profitability of the business.
[Customer Voice]
Livestock industry / Pig farming "Transfer of pig farming business": https://foodbox-jp.com/customer/#modal_1673
Three Strengths of FOODBOX's Agricultural Business Succession "Food Baton"
1. Possessing a common language with farmers/agricultural corporations/agricultural related businesses, enabling consultation and consensus building.
2. Establishing a unique mechanism for DD (Due Diligence / Business Valuation), which was considered difficult in the agricultural industry, enabling quick DD.
3. Based on past consulting achievements, value-up is possible through accompanying support for agricultural management after business transfer.
About FOODBOX
FOODBOX is a venture company specializing in food and agriculture consulting. We provide accompanying support to solve problems faced by our customers (farmers/agricultural production corporations, local governments, companies) and help them realize their goals. Recently, we are building a mechanism for third-party succession of agricultural businesses called "Food Baton."
Nakamura (Representative), born to a fruit farmer in Fukuoka, started as a sole proprietor in July 2019 and became a corporation in July 2020. "May there be fruit from the creators." With this sentiment, we work with our customers every day.
Tokyo Head Office: 〒106-0032 8F VORT Roppongi Itchome, 2-3-2 Roppongi, Minato-ku, Tokyo
Kyushu/Yamaguchi Branch: 〒830-0053 1083-5 Fujiyama-cho, Kurume City, Fukuoka Prefecture
"Food Baton" dedicated website: https://foodbox-jp.com/matching/
FOODBOX × Chikugin Bank Collaboration Flyer
Background of Service Collaboration
Recently, multiple business succession projects are underway using the Food Baton scheme, primarily in the Kyushu and Yamaguchi areas. In this context, Chikugin Bank has also received consultations regarding agricultural business succession, and it was deemed indispensable to collaborate to contribute to solving regional agricultural issues and development. By promoting collaboration with Chikugin Bank, we will make economic support for companies taking over agricultural businesses smoother and stronger.
Overview of Agricultural Business Succession "Food Baton" Service
Food Baton is a new business of FOODBOX that not only focuses on new farmers and corporate entry but also seeks out "diamonds in the rough" among retiring farmers and provides accompanying support for agricultural business succession. In addition to searching for and mediating between retiring farmers and companies taking over, FOODBOX provides accompanying support for management transition and value improvement for approximately three years after the transfer, aiming for a smooth management transition and short-term profitability of the business.
[Customer Voice]
Livestock industry / Pig farming "Transfer of pig farming business": https://foodbox-jp.com/customer/#modal_1673
Three Strengths of FOODBOX's Agricultural Business Succession "Food Baton"
1. Possessing a common language with farmers/agricultural corporations/agricultural related businesses, enabling consultation and consensus building.
2. Establishing a unique mechanism for DD (Due Diligence / Business Valuation), which was considered difficult in the agricultural industry, enabling quick DD.
3. Based on past consulting achievements, value-up is possible through accompanying support for agricultural management after business transfer.
About FOODBOX
FOODBOX is a venture company specializing in food and agriculture consulting. We provide accompanying support to solve problems faced by our customers (farmers/agricultural production corporations, local governments, companies) and help them realize their goals. Recently, we are building a mechanism for third-party succession of agricultural businesses called "Food Baton."
Nakamura (Representative), born to a fruit farmer in Fukuoka, started as a sole proprietor in July 2019 and became a corporation in July 2020. "May there be fruit from the creators." With this sentiment, we work with our customers every day.
Tokyo Head Office: 〒106-0032 8F VORT Roppongi Itchome, 2-3-2 Roppongi, Minato-ku, Tokyo
Kyushu/Yamaguchi Branch: 〒830-0053 1083-5 Fujiyama-cho, Kurume City, Fukuoka Prefecture
FAQ
What is the head office location of The Chikugin Bank, Ltd. and who is its Representative Director and President?
The Chikugin Bank, Ltd. has its head office in Kurume City, Fukuoka Prefecture, and is led by Representative Director and President Hiroyuki Tsuruhisa.
Who serves as the Representative Director and President of FOODBOX Inc., and where is the company's head office located?
Keisuke Nakamura serves as the Representative Director and President of FOODBOX Inc., which has its head office in Minato-ku, Tokyo.
In which regions of Japan are the multiple agricultural business succession projects currently underway under the Food Baton scheme?
The agricultural business succession projects utilizing the Food Baton scheme are primarily underway in the Kyushu and Yamaguchi areas of Japan.
For how many years does FOODBOX Inc. provide accompanying support to companies after the transfer of agricultural businesses under the Food Baton scheme?
FOODBOX Inc. provides accompanying support for management transition and value improvement for approximately three years after the agricultural business transfer.
What is the primary purpose of the Food Baton service collaboration between FOODBOX Inc. and The Chikugin Bank, Ltd.?
The Food Baton service collaboration supports the third-party succession of agricultural businesses from retiring farmers to general companies.