27 February 2020

Yoshinoya to grow rice, vegetables in Fukushima, Xinhua says

Fast-food chain Yoshinoya said Tuesday it will form a joint venture with farmers in Japan’s disaster-hit Fukushima prefecture to grow rice and vegetables to help rebuild the local economy, Xinhua reported Thursday. The company said the farm will be 80 kilometers from the Fukushima Daiichi Nuclear Power Plant, which was crippled by an earthquake and tsunami two years ago. Yoshinoya will also build a vegetable processing plant to supply its restaurants in Japan. The venture, according Kyodo news agency, is called the Fukushima Yoshinoya Farm and will have 10 million yen (US$102,700) in registered capital, with Yoshinoya holding a 49 percent stake. Operations will begin early next year, the report said.

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