Nihon Nohyaku – new subsidiary

Nihon Nohyaku establishes South Korean subsidiary (source: Crop Science, 24. March 2022 | Headline Analysis Nihon Nohyaku | Facilities & Operations):

Japanese company Nihon Nohyaku has established a South Korean subsidiary, Nichino Korea (NKR – Seoul), to focus on registration management and development of agrochemicals, among other functions. It will begin operations from April 1st.

The company notes that the new unit will allow it to better pursue business opportunities in the country, where it had been expanding its agrochemical portfolio through local partners.

Nihon Nohyaku added that the establishment of the subsidiary is unlikely to have a significant impact on the company’s financial results.