Country for PR: Japan
Contributor: Kyodo News JBN
Wednesday, May 30 2018 - 16:00
AsiaNet
JALUX Group to Open "Thonglor Nihon Ichiba," First Japanese Fresh Wholesale Market in Thailand, to Supply Japanese Ingredients Overseas
TOKYO, May 30, 2018 /Kyodo JBN-AsiaNet/ --

- JALUX Group's Challenge in Wholesale Markets Abroad -

JALUX Inc. (listed on the First Section of the Tokyo Stock Exchange with code 
No. 2729) is to open "Thonglor Nihon Ichiba," its first Japanese fresh 
wholesale market in Thailand, on June 9 (Saturday), 2018, in Bangkok's 
Sukhumvit Thonglor area through "J VALUE CO., LTD.," a joint venture 
established in the Southeast Asian country with other firms.

(Image: Exterior view
https://kyodonewsprwire.jp/prwfile/release/M000368/201805294405/_prw_PI1lg_ncpOLIge.jpg)

(Logo1: https://kyodonewsprwire.jp/img/201805294405-O2-Be4lV2w9)

"Thonglor Nihon Ichiba," a Japanese fresh wholesale market, will open in the 
Sukhumvit Thonglor area, home to especially many Japanese restaurants in the 
Bangkok metropolitan region. Based on the concept of "Supplying Japan's 
high-quality products to the world," the market will provide fresh and safe 
Japanese ingredients (fresh fish, vegetables, fruit, beef and so on) to local 
restaurants, hotels, wholesalers and retailers. The market will contribute to 
further enriching local food culture by offering an environment in which people 
can procure an abundant variety of high-quality Japanese ingredients.

About the joint venture
In order to open the market, the JALUX group, together its local Thai unit 
JALUX ASIA Ltd., established joint venture "J VALUE CO., LTD." with 
intermediate fresh fish wholesaler KAMEMOTO SHOTEN CO., LTD. and fruit and 
vegetable wholesaler NAGAMINE SHOTEN CO., LTD., both based in Tokyo's Tsukiji, 
and SUGIMOTO MEAT PACKING CO., LTD., a butcher shop based in the central 
Japanese city of Nagoya. Each company has its own know-how accumulated over 
many years in its respective field and is a time-honored company with a track 
record of exporting food products to Asian countries.

While having accumulated know-how of food distribution business and a track 
record of doing business in Thailand, the JALUX group will create a wholesale 
market where customers can procure "necessary things only in necessary 
quantities when necessary" by taking advantage of each company's strength and 
network and coordinating with the Japan Airlines (JAL) group for air 
transportation, among other efforts.

(Logo2: https://kyodonewsprwire.jp/img/201805294405-O3-NJ0HZHZu)

Background
Demand for Japanese food has been increasing in Thailand in recent years due in 
part to rising health consciousness and needs for Japanese cuisine created by 
an increasing number of tourists visiting Japan. Therefore, Thailand is said to 
be the country with the largest number of Japanese restaurants in Southeast 
Asia. Furthermore, while food diversification gets underway due to an 
increasing number of tourists visiting Thailand, demand for Japanese food that 
is popular throughout the world tends to increase further.

Under the corporate philosophy of "Contributing to Tomorrow as Your Partner for 
Brightening Society, Humans and the Environment," JALUX will continue to 
contribute to enriching food culture of the world by seeking to expand the 
market share of Japanese ingredients in Southeast Asia and elsewhere overseas.

Brief overview of the market

Address: 87 Soi Akapat (Thonglor 13), Sukhumvit 55 Road, Klongtan-Nua, Wattana, 
Bangkok (in Japan Village)
Exclusive area: 700 square meters
Business contents: Wholesale of Japanese ingredients for professional use, etc.
Products handled: Fresh fish, vegetables, fruit, beef and so on
Operating hours: 8:00-17:00 
(Products also available to ordinary customers after 12:00)
Business holiday: Tuesday
Capacity: about 80 persons
Parking space: 60 vehicles

Map: 
https://kyodonewsprwire.jp/prwfile/release/M000368/201805294405/_prw_PI4lg_p73RR7mT.jpg

Brief overview of the joint venture

Name: J VALUE CO., LTD.
Address: 87 Soi Akapat (Thonglor 13), Sukhumvit 55 Road, Klongtan-Nua, Wattana, 
Bangkok
Established: March 15, 2018
Representative: President Haruo Endo
Capital: 44,440,000 baht
Business contents: 
Operation of a wholesale market of fresh Japanese ingredients for professional 
use in Bangkok, Thailand
Investment ratio: 
JALUX ASIA Ltd. (51.0%), JALUX Inc. (11.5%), KAMEMOTO SHOTEN CO., LTD. (12.5%), 
NAGAMINE SHOTEN CO., LTD. (12.5%), SUGIMOTO MEAT PACKING CO., LTD. (12.5%)

About JALUX Inc.
JALUX Inc. is a trading company having its own strength in the aviation and 
airport-related domains. It provides original value-added products and services 
in following four business domains; Aviation & Airport business, Life service 
business, Retail business and Food & Beverage business.
For more information, please visit: http://www.jalux.com/en/profile/


Source: JALUX Inc.
Translations

Thai