- Business
- Kibun Foods Inc. Kibun Foods Inc. (2933.T) manufactures and sells fish paste-based products, prepared foods, and other processed foods primarily under the Kibun brand in Japan and internationally. Established in 1938 and incorporated in 1947, the company, headquartered at 5-15-1 Ginza, Chuo-ku, Tokyo, operates through domestic food, overseas food, and food-related segments; its core offerings include kamaboko, crab-flavored kamaboko, chikuwa, hampen, datemaki, fried satsuma-age, Chinese side dishes, noodles, egg-processed dishes, summertime dishes, desserts, osechi traditional New Year foods, processed noodle-like products such as sugar-free noodles, fishery delicacies, surimi, seafood, grains, soybeans, and sesame, alongside logistics, production equipment leasing, automobile leasing, and insurance agency services. The company maintains factories in Eniwa, Hakodate, Tokyo, Funabashi, Yokohama, Shizuoka, and Okayama Soja, with sales branches across Hokkaido, Tohoku, Kanto, Tokyo, Chubu, Kansai, and Chushikoku Kyushu regions in Japan, and conducts overseas operations through 12 consolidated subsidiaries in the United States, Hong Kong, South Korea, China, Thailand, Singapore, and the Netherlands, plus three equity-method affiliates. In March 2024, Kibun Foods entered a capital and business alliance with Maruha Nichiro Corporation, under which Maruha Nichiro acquired a 9.9% stake for JPY 2.8 billion to collaborate on product development, manufacturing, sales, research and development, logistics, and cost reduction efforts in Japan, as well as joint marketing in the United States, European Union, and Asia.