Ovgo (Chiyoda, Tokyo), which makes plant-based sweets, has formed a capital and business alliance with Ishii Foods, which makes meatballs and other products. The amount of Ishii Foods’ investment has not been disclosed. Obgo is considering mass production of cookies to expand wholesale and enter overseas markets. Ishii Foods will share its knowledge in building production systems and food quality control using organic ingredients. Ishii Foods President Tomoyasu Ishii has been appointed as an outside director of Obgo. Obgo does not use eggs or butter, but is made from plant ingredients…
Japan’s October Trade Deficit Narrows 34%, Chip Equipment Exports Show Strong Performance
According to government data released Wednesday, Japan’s trade deficit narrowed 34.4% year-on-year to 461.25 billion yen (approximately $3 billion) in
2024-11-23