(Revised)
August 28, 2019
NAGASE & CO., LTD.

NAGASE Group Opens NAGASE Food Ingredients Food Development Center (Xiamen)
in Fujian Province, China
NAGASE & CO., LTD. (Tokyo; Kenji Asakura, Representative Director and President) opened the NAGASE FoodIngredients Food Development Center (Xiamen) within the Xiamen branch of NAGASE’s Chinese sales company,
Shenzhen Nagase Trading Ltd. The NAGASE Food Ingredients Food Development Center (Xiamen) will be used
to develop recipes, conduct presentations, and sponsor seminars related to NAGASE Food Ingredients.
The concept of the NAGASE Food Ingredients Food Development Center (Xiamen) is from Hayashibara L’Plaza,a laboratory project by Hayashibara Co., Ltd. (Okayama City, Japan; Naoki Yasuba, Representative Director andPresident), a member of NAGASE Group. There are two facilities in Japan (Okayama, Tokyo) and this is the firstto be opened overseas. The main target of this facility is the Chinese bakery market*1, which is expected to reach
CNY500 billion (￥7.4 trillion / 1CNY=¥14.8) by the year 2022 (1.7-times 2017 market size)*2. This facility will
help NAGASE quickly identify the needs of, and propose food ingredients to, local food manufacturers, mainly inthe bread and confectionery market. At the same time, this facility will provide a platform for food development
specialists to conduct research and serve as a base for joint business with local manufacturers. NAGASE hopes toexpand its presence in the Chinese food industry of Fujian Province and other regions.

Lobby and Test Lab

Food Testing (Concept)

The NAGASE Food Ingredients Food Development Center (Xiamen) features commercial ovens, mixers, and otherbakery equipment, as well as analysis equipment to measure food water content, etc. The facility will provide space
for test production and development on various Hayashibara and NAGASE Food Ingredients, including
Hayashibara’s mainstay TREHA® multi-functional disaccharide and enzyme preparations manufactured by aNAGASE Group manufacturing subsidiary Nagase ChemteX Corporation (Osaka; Satoru Fujii, president andCEO). The specialists of Hayashibara who involve in food ingredient applications development will provide

information and technology about food security and safety, a special strength of Japanese food manufacturers.
The NAGASE Group began activities prior to the opening of NAGASE Food Ingredients Food Development
Center (Xiamen), the NAGASE Group to promote NAGASE’s food ingredients business in China. These activities
included a special Chinese-language website for food ingredients in China handled by the NAGASE Group(https://www.nagase-food.cn/) and an official account on the popular WeChat social media app offering recipes andother information about using NAGASE products. NAGASE expects this type of community-based approach andcommunications through the new development center will allow the group to respond more quickly to local
customer needs.
NAGASE has defined the Life & Healthcare field as a focus area for growth under the group’s ACE-2020 midterm management plan, which runs through fiscal 2020. The NAGASE Group will continue to maximize synergies
among its food ingredients businesses, aiming to grow sales and expand the group’s presence in overseas markets.
*1 Breads, cakes, confectionery, Chinese confectionery, etc.
*2 Euromonitor International survey*3 Official WeChat account: TREHA (Required to download the WeChat app to view)
URL: https://weixin.qq.com/r/fS5mfiLE6n_VrWYd93tv

QR Code:■ Facility Profile(1) Name

Shenzhen Nagase Trading Ltd. Xiamen branch
NAGASE Food Ingredients Food Development Center (Xiamen)(2) Location

No.139 140 Room, Huamei Space A3 Building, No.132, Huachang Road, Huli
District,Xiamen City, Fujian Province,China(3) Opening Date

August 28, 2019(4) StaffSix(5) Floor Space, Construction

Floor space 220 m2 total, two-story construction(6) Facilities

Floor 1: Test Lab and Lobby / Floor 2: Offices, conference rooms(7) Equipment

Bread mixers (AICOHSHA MFG. CO., LTD (Shanghai))
Custard cooker/kneaders (NAKAIKIKAIKOGYO)
Deck ovens, convection ovens (Sanko Machinery Co., Ltd.)◆Inquiries

NAGASE & CO., LTD.
URL: https://www.nagase.co.jp/
Japan: NAGASE & CO., LTD. Corporate Administration Division, Corporate Planning Department,
TEL: +81-3-3665-3640

FAX: +81-3-3665-3135

China: Shenzhen Nagase Trading Ltd.
TEL: +86-755-3338-5094