Musholm owner Okamura strengthens global reach with Hong Kong launch

by
Editorial Staff

Okamura Foods expands in Asia with Hong Kong subsidiary.

Japan’s Okamura Foods has established a wholly owned subsidiary in Hong Kong as part of its drive to expand overseas wholesale operations and tap into China’s growing demand for salmon and trout.

The new unit, capitalised at HKD 15 million (€1.6 million/$1.9 million), will serve as the company’s sixth international wholesale base and provide a gateway into the Chinese market. The move aligns with Okamura’s Medium-Term Management Goals 2030, which focus on scaling aquaculture production and building international sales channels.

President and CEO Koichi Okamura said Hong Kong was a natural entry point to China. “Establishing a base here allows us to strengthen our overseas business and take the first step into this highly attractive market,” he said.

The Hong Kong launch follows a series of strategic investments. In April, Okamura’s Danish subsidiary Musholm acquired Lundby Fisk, a family-owned operator of four trout farms, boosting capacity in both land-based and marine production. Musholm said the deal supports ambitions to expand trout farming in Denmark and Japan.

At the same time, Okamura is scaling up at home and across Asia. Its domestic subsidiary Japan Salmon Farm plans to double production from 1,600 tonnes to 3,000 tonnes, targeting surging demand in Southeast Asia.

Founded in 1971 as a marine products processor in Aomori, Okamura Foods has grown into a vertically integrated aquaculture and seafood business. Listed on the Tokyo Stock Exchange, the company has steadily built an international footprint, from Vietnam and Myanmar to Denmark and now Hong Kong.

Top Articles