Koike-Ya establishes US subsidiary to expand snack business
Koike-Ya Co., Ltd. announced on September 11, 2025, the successful completion of the establishment and capital contribution procedures for its U.S. subsidiary, KOIKEYA AMERICA INC. This follows an initial disclosure on May 8, 2025. The new subsidiary, located in California, USA, will focus on selling snack foods, including potato chips and corn snacks.
The establishment of KOIKEYA AMERICA INC. is driven by Koike-Ya's strategy to expand its overseas snack food sales, leveraging its quality and brand strength developed in the Japanese market. The company currently exports to Vietnam, Taiwan, and the U.S., with strong performance in the latter, particularly among Japanese and Asian supermarkets. The U.S. is seen as a major snack market with significant potential for further growth.
KOIKEYA AMERICA INC. was established on June 17, 2025, with capital of $1,800 thousand. Koike-Ya Co., Ltd. holds 100% ownership, and one Koike-Ya employee concurrently serves as chief executive, Yoshihide Saito. The subsidiary will procure products from the Koike-Ya Group. The company anticipates a minor impact on its consolidated financial results for the fiscal year ending March 2026, with further announcements if the business significantly affects future performance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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