Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Lacto Japan Co.,Ltd. <3139> rebounds on investment in New Zealand plant protein startup
Lacto Japan Co.,Ltd. <3139> rebounded on Friday. After Thursday's close, Lacto Japan announced an investment in Leaft Foods, a New Zealand startup developing and commercializing protein products extracted directly from plant leaves, fueling buying interest.
Leaft Foods utilizes proprietary technology to extract protein from green leafy plants, developing high-performance, highly nutritious protein products. Rubisco protein, derived from the enzyme widely present in chloroplast-containing plants, is gaining traction as a sustainable protein source utilizing abundant plant resources. The investment aims to establish a production and sales system for Rubisco protein and expand its footprint in the Japanese market, strengthening the strategic partnership between the two firms. The transaction's impact on Lacto Japan's earnings for the fiscal year ending November 2026 is expected to be minor.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
EIKEN INDUSTRIES extends losses as first-half operating profit falls 59%, missing forecast
Fixstars ranks third in rising short interest among retail investors: Minkabu survey
Pro-Ship continues to rise as West Japan Railway adopts its ProPlus+ solution
TOYO TANSO surges for fourth consecutive day as major domestic brokerage upgrades rating to '2'
SANKYO rises for fourth consecutive day on subsidiary launch for production control software and video content
1,259 stocks rise, 285 fall on Tokyo Stock Exchange Prime Market as of 2 p.m.
Verite rebounds as May same-store sales rise double digits for 11th consecutive month
Nissan Chemical Corporation rises in morning before softening, major domestic brokerage raises target price to 9,000 yen
Hitachi gains in afternoon session on report of access to Anthropic's Claude Mythos
Kioxia tops in 'buy forecasts increase' among individual investors' predictions on Minkabu