01 Aug 2025
Japan’s animal feed producer Feed One plans to spend around USD 89.7 million to build a new aquafeed plant in Mito, Toyokawa, Aichi prefecture.
Construction is expected to begin in the second half of 2025 as part of the company’s medium-term management plan that sets out its goals for the next 10 years.
Meanwhile, completion is expected in April 2028.
“The environment surrounding aquaculture in Japan is expected to diversify needs for compound feed due to rapid changes such as rising seawater temperatures and the depletion of natural resources,” the company said.
“In this situation, we have decided to build a new aquafeed plant and transfer the production of aquaculture compound feed from the Chita factory in order to fulfill our supply responsibility and create added value for the sustainable development of aquaculture.”
The new plant is expected to strengthen its competitiveness, support research and development of advanced technologies, and contribute to the sustainable development of the aquaculture industry.
Meanwhile, the Chita factory will continue to produce livestock feed.
About Feed One
In addition to compound feed, Feed One, based in Yokohama, Japan, is engaged in procurement, sale, production and processing of meat, egg and seafood.
Ancillary businesses include farm-management consulting, and management of veterinary examination and treatment facilities.
The company was established as a holding company in 2014 through the merger of Nippon Formula Feed and Kyodo Shiryo.
In the fiscal year ended March 31, the company reported ordinary profit of around 46.4 million on sales of around USD 2 billion and production volume of 3.8 million tons.
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