[Yamatane Co., Ltd.] Notice of establishment of agricultural production corporation “Blue Seed Niigata Co., Ltd.”
*Yamatane Co., Ltd.*
Press release: August 14, 2024
**
Announcement of establishment of agricultural production corporation “Blue Seed Niigata Co., Ltd.”
*~Establishing a high-profit model for sustainable farming~*
Yamatane Co., Ltd. (Head office: Koto-ku, Tokyo, President and CEO: Kawarada) Iwao (Securities Code: 9305) is pleased to inform you that at the board of directors meeting held on August 14, 2024, it was resolved to establish an agricultural production corporation “Blue Seed Niigata Co., Ltd.”.
* [Background and history of establishment] *
The Yamatane Group’s long-term vision, “Yamatane 2031 Vision,” has set the goal of “strengthening collaboration with production areas for sustainable farming.” Furthermore, in our sustainability management efforts, we aim to “develop production areas and agriculture,” aim to grow together with production areas, and promote our business to achieve both social and economic value.
The business environment surrounding rice cultivation is such that it is difficult to secure the reproduction price necessary to continue production, and this is a major factor in accelerating the abandonment of farming. In Japan, although rice consumption is on the decline due to population decline, the decline in rice production due to fewer producers is expected to continue at an even faster pace. On the other hand, from a global perspective, demand for food is increasing due to population growth, and the environment for procurement from overseas is expected to become more difficult. From the perspective of Japan’s food security and food security, we recognize that building a food supply infrastructure through the revitalization of production areas is the most important issue.
Domestic rice production sites are faced with a number of challenges, including securing human resources, rising material costs, expensive agricultural machinery, and climate change. In addition to a wealth of cultivation knowledge and experience, agricultural management that has knowledge of new cultivation techniques and management sense is becoming increasingly important.
Based on the above trends, the Yamatane Group, which has local core producers with technology and experience and management skills and a network with multiple agricultural venture companies, will jointly establish an agricultural production corporation. It has come to this.
* 【the purpose】*
In order to “realize sustainable agriculture” as advocated by the Yamatane Group, building a high profit model is an urgent issue. Our company, which is responsible for distribution and sales, directly carries out agricultural production together with local producers, and through collaboration with partner companies, aims to demonstrate advanced methods and establish a high-profit model. Furthermore, by demonstrating its effectiveness to producers across the country, we will develop a highly profitable model and aim to realize sustainable agriculture and the stable procurement and supply of agricultural products associated with it.
Specifically, Blue Seed Niigata Co., Ltd. will take on the challenge of “complex management,” including rice cultivation, in areas where there is a shortage of farmers. In addition, we will actively exchange information with producers across the country who are engaged in innovative production, and aim to establish a high-profit model through collaboration.
In rice cultivation, in order to reduce production costs, we are introducing new cultivation techniques and materials, efficient operation of agricultural machinery, and introducing agricultural IoT such as “e-kakashi” (*) to improve plant growth stages. By carrying out operations at the most appropriate time, we aim to improve work efficiency and quality, and optimize the entire cultivation system. Regarding horticultural crops, we will build a highly efficient business model by introducing advanced cultivation methods in collaboration with partner companies and creating new markets such as exporting agricultural products including rice.
* “e-kakashi”: An agricultural IoT service provided by Green Co., Ltd. that navigates the optimal cultivation method using environmental data and growth information collected by sensors installed in the field.
* [Origin of company name] *
The company name is BLUE
“SEED” represents the impression of “safety” and “peace of mind” given by “BLUE,” the corporate color of the Yamatane Group. I got the idea from. Additionally, the Madagascan plant “Traveller’s Tree,” which is known for its blue seeds, is said to be a “tree that guides travelers” because of the way its leaves fan out from east to west. The language of flowers is “a spirit that is not afraid of anything,” and the agricultural production corporation “Blue Seed Niigata Co., Ltd.” to be established this time will serve as a “guidepost” for producers all over the country, and at the same time, it will serve as a guidepost for producers all over the country, and at the same time, it will serve as a guidepost for producers all over the country. The name was chosen to convey the idea that we will continue to take on challenges.
* [Facility Overview] *
(1) Establishment date (planned) September 6, 2024
(2) Name Blue Seed Niigata Co., Ltd.
(3) Location Natsuto Teradomari, Nagaoka City, Niigata Prefecture (4) Title and name of representative Representative Director and President Masahiko Takeuchi
(5) Business details: Management of rice cultivation, field crops, and orchards
Management of shared facilities and consulting services
(6) Capital 3,000,000 yen
(7) Number of issued shares: 100 shares
(8) Total number of authorized shares: 10,000 shares
(9) Investment ratio Masahiko Takeuchi 50%
Fumiko Takeuchi 1%
Yamatane Co., Ltd. 49%
* [Future outlook] *
The impact of this matter on our group’s consolidated business results is minimal. If any matters that should be disclosed arise in the future, we will promptly disclose them.
* [Inquiries regarding this matter]*
Yamatane Co., Ltd. Corporate Planning Department Public Relations TEL: 03-3820-1116 E-mail: kikaku@yamatane.co.jp