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Home » Nippon System Technology Co., Ltd. Notice regarding investment in land-based aquaculture business in Okinawa Prefecture

Nippon System Technology Co., Ltd. Notice regarding investment in land-based aquaculture business in Okinawa Prefecture

Japan System Technology Co., Ltd.
Notice regarding investment in land-based aquaculture business in Okinawa Prefecture
……
We are pleased to announce that we have invested in Land Aqua Culture Innovation Co., Ltd. (LAC) to grow the land-based aquaculture business in Okinawa Prefecture.
■Background and purpose of investment
The land-based aquaculture field is a fisheries field that faces various challenges, such as “catch limits” and “decrease in catch by species” due to domestic food conditions, as well as “changes in fish species caught” due to climate change. has rapidly attracted attention in recent years as a solution to this problem.
Domestic terrestrial aquaculture technology has been in a backward position due to the abundance of marine resources. LAC, the company in which we are investing, sells “circulating aquaculture equipment” that uses a “physical filtration” method that can significantly reduce environmental impact compared to conventional “biological filtration.”
Up until now, our company has been promoting social contributions by applying our own know-how and skills to address social issues. We believe that this full-scale participation in the terrestrial aquaculture field will enable us to make a broader contribution to society, including contributing to regional revitalization, resolving food shortages, and reducing environmental impact.
■Summary of investment
The Company acquired 20,000 Class A shares (37.5% of outstanding shares) issued by LAC.
The payment has been completed as of June 28, 2024.
Company name: Land Aqua Culture Innovation Co., Ltd.
Address: 21-305 Phoenix, 3-15-2 Nakanishi, Urasoe City, Okinawa Prefecture Established: September 10, 2021
Representative Director: Rumiko Nakazato
Business content: Development of land-based aquaculture equipment and ICT standardization packaging
     Sales of land-based aquaculture equipment within the prefecture Research and development of technology related to land-based aquaculture equipment
■Future outlook
Through this investment, we will promote sustainable management and utilization of marine resources, aim to further innovate land-based aquaculture technology, promote the spread of technology to other regions, and contribute to the development of the local economy. We will continue to take on the challenge of creating new value and actively contribute to the realization of a sustainable society. [Contact information regarding this matter]
Japan System Technology Co., Ltd.
TEL: 06-4560-1000
Mail: ir-uketsuke@jast.co.jp
URL: https://www.jast.jp/
that’s all
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More details about this release:
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