Riken Vitamin Co., Ltd. (JP:4526) has released an update.
Riken Vitamin Co., Ltd. is expanding its presence in Southeast Asia with the creation of two new subsidiaries in Thailand and Vietnam, aimed at bolstering sales capabilities in response to growing and diversifying market demands. These subsidiaries, operating under RIKEVITA (SINGAPORE), will focus on the sales of Food-improving and Chemical-improving agents, with incorporation scheduled for January 2025. The company anticipates that the financial impact of these new entities on the FY2025 consolidated results will be minimal.
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