Notice Regarding the Acquisition of Shares of Ajitech Fine Foods Co., Ltd. and its Conversion into a Subsidiary
Yamatane Corporation announced its decision to acquire all shares of Ajitech Fine Foods Co., Ltd. and make it a subsidiary, effective May 1, 2026. This move aims to provide new solutions addressing health-conscious demands and expand Yamatane's value chain in the food sector.
📋 Article Processing Timeline
- 📰 Published: May 1, 2026 at 20:00
- 🔍 Collected: May 1, 2026 at 11:31
- 🤖 AI Analyzed: May 1, 2026 at 21:15 (9h 43m after Collected)
Yamatane Corporation (Headquarters: Koto-ku, Tokyo; Representative Director and President: Iwao Kawarada) announced that at a management meeting held on May 1, 2026, it resolved to acquire all shares of Ajitech Fine Foods Co., Ltd. (hereinafter "Ajitech Fine Foods") and make it a subsidiary. A share transfer agreement was signed today.
[Reason for Share Acquisition]
Since its establishment in 1924 (Taisho 13), the Yamatane Group (hereinafter "Yamatane") has built strong relationships with producers nationwide to provide "safe," "secure," and "delicious" rice. With the corporate message "Supporting 'Continuity'," Yamatane has established sustainability policies to support the "continuity" of all stakeholders and to work towards a sustainable society throughout the entire value chain. To achieve this, it promotes businesses that contribute to sustainable agriculture, advocating for "regional communities and the development of production areas and agriculture." Furthermore, in the business strategy for the food company within the mid-term management plan "Yamatane 2028 Plan," Yamatane aims to expand its value chain and is working to strengthen its processing and sales functions, not just traditional rice milling and wholesale functions.
Ajitech Fine Foods develops, manufactures, and sells sprouted brown rice products and soy protein-based products such as soy meat. Leveraging its unique product development capabilities, it offers high-value-added products that cater to health-conscious consumers. It has had a long-standing business relationship with Yamatane as a supplier of sprouted brown rice, and in its soy meat business, it boasts diverse sales channels, including exports to Taiwan.
Through the acquisition of Ajitech Fine Foods, Yamatane will be able to offer new solutions appealing to health-conscious needs. Yamatane decided to acquire all shares of Ajitech Fine Foods, deeming it conducive to expanding the food company's value chain and strengthening processing and sales functions, which are key business strategies. Furthermore, by combining with Yamatane's sales channels and procurement network, business synergies are expected, such as expanding sales channels for both companies and streamlining raw material procurement (e.g., brown rice) for Ajitech Fine Foods.
[Overview of the Subsidiary Subject to Change]
(1) Name: Ajitech Fine Foods Co., Ltd.
(2) Location: 23-15 Suzukochō, Kamaishi-shi, Iwate
(3) Business Activities: Manufacturing and sales of sprouted brown rice products and soy protein-based products.
(4) Capital: 60 million JPY
(5) Date of Establishment: February 1, 2008
[Overview of the Company from which Shares are Acquired (Ajitech Co., Ltd.)]
(1) Name: Ajitech Co., Ltd.
(2) Headquarters Location: 19-70 Ryutsu Center, Kitakami-shi, Iwate
(3) Business Activities: Manufacturing and sales of various commercial sauces and spices in small packets, and bottled products.
(4) Capital: 18 million JPY
(5) Date of Establishment: October 1, 1996
(6) URL: http://www.ajitech.jp/
[Number of Shares Acquired]
All 8,000 issued shares of the company will be acquired.
[Schedule]
(1) Date of Management Meeting Resolution: May 1, 2026
(2) Date of Agreement Signing: May 1, 2026
(3) Scheduled Date of Share Transfer Execution: June 1, 2026
[Future Outlook]
The impact of this matter on the consolidated performance of our group is minor.
End
[Reason for Share Acquisition]
Since its establishment in 1924 (Taisho 13), the Yamatane Group (hereinafter "Yamatane") has built strong relationships with producers nationwide to provide "safe," "secure," and "delicious" rice. With the corporate message "Supporting 'Continuity'," Yamatane has established sustainability policies to support the "continuity" of all stakeholders and to work towards a sustainable society throughout the entire value chain. To achieve this, it promotes businesses that contribute to sustainable agriculture, advocating for "regional communities and the development of production areas and agriculture." Furthermore, in the business strategy for the food company within the mid-term management plan "Yamatane 2028 Plan," Yamatane aims to expand its value chain and is working to strengthen its processing and sales functions, not just traditional rice milling and wholesale functions.
Ajitech Fine Foods develops, manufactures, and sells sprouted brown rice products and soy protein-based products such as soy meat. Leveraging its unique product development capabilities, it offers high-value-added products that cater to health-conscious consumers. It has had a long-standing business relationship with Yamatane as a supplier of sprouted brown rice, and in its soy meat business, it boasts diverse sales channels, including exports to Taiwan.
Through the acquisition of Ajitech Fine Foods, Yamatane will be able to offer new solutions appealing to health-conscious needs. Yamatane decided to acquire all shares of Ajitech Fine Foods, deeming it conducive to expanding the food company's value chain and strengthening processing and sales functions, which are key business strategies. Furthermore, by combining with Yamatane's sales channels and procurement network, business synergies are expected, such as expanding sales channels for both companies and streamlining raw material procurement (e.g., brown rice) for Ajitech Fine Foods.
[Overview of the Subsidiary Subject to Change]
(1) Name: Ajitech Fine Foods Co., Ltd.
(2) Location: 23-15 Suzukochō, Kamaishi-shi, Iwate
(3) Business Activities: Manufacturing and sales of sprouted brown rice products and soy protein-based products.
(4) Capital: 60 million JPY
(5) Date of Establishment: February 1, 2008
[Overview of the Company from which Shares are Acquired (Ajitech Co., Ltd.)]
(1) Name: Ajitech Co., Ltd.
(2) Headquarters Location: 19-70 Ryutsu Center, Kitakami-shi, Iwate
(3) Business Activities: Manufacturing and sales of various commercial sauces and spices in small packets, and bottled products.
(4) Capital: 18 million JPY
(5) Date of Establishment: October 1, 1996
(6) URL: http://www.ajitech.jp/
[Number of Shares Acquired]
All 8,000 issued shares of the company will be acquired.
[Schedule]
(1) Date of Management Meeting Resolution: May 1, 2026
(2) Date of Agreement Signing: May 1, 2026
(3) Scheduled Date of Share Transfer Execution: June 1, 2026
[Future Outlook]
The impact of this matter on the consolidated performance of our group is minor.
End