Maruha Nichiro to Spin Off Tokachi Beef Plant and Sell New Subsidiary to OIC Group

Maruha Nichiro ( (JP:1333) ) has shared an announcement.

Maruha Nichiro will separate its Tokachi Processing Plant business in Obihiro, Hokkaido—focused on the processing and production of domestically produced beef sold mainly to mass retailers and consumer cooperatives in Honshu—into a new subsidiary, Tokachi Meat Center Co., Ltd., via a simple incorporation-type company split effective April 1, 2026. All 200 shares of the new company will then be transferred to meat distributor OIC Group Co., Ltd., with the assets, liabilities, and obligations of the beef business moving to the new entity; the move is intended to place the beef operation under an owner whose core business is high value-added meat distribution, supporting smoother operations and long-term expansion, while leaving Maruha Nichiro’s capital structure unchanged and allowing it to further focus on its broader food and marine product businesses.

The most recent analyst rating on (JP:1333) stock is a Buy with a Yen3815.00 price target. To see the full list of analyst forecasts on Maruha Nichiro stock, see the JP:1333 Stock Forecast page.

More about Maruha Nichiro

Maruha Nichiro Corporation is a Tokyo-headquartered seafood and food processing group engaged in fisheries, aquaculture, import and export, and the processing and sale of marine products, frozen and retort foods, canned goods, surimi products, chemical products, beverages, and meat. Listed on the Tokyo Stock Exchange Prime Market, it operates a diversified portfolio across marine-based foods and related value-added products, serving domestic and international markets.

YTD Price Performance: 31.89%

Average Trading Volume: 190,170

Technical Sentiment Signal: Buy

Current Market Cap: Yen196B

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