Marusan Hagema Tea Co., Ltd.

Founded in 1919 (Taisho 10)

Established on December 26, 1962 (Showa 37)

Established 'Nippon Banten Co., Ltd.' (capital 10 million yen) in Irifune-cho, Fukuyama City, Hiroshima Prefecture, and began selling food equipment.

Established on November 20, 1972 (Showa 47)

Established

Location: 7-23 Funamachi, Fukuyama City, Hiroshima Prefecture 720-0043

Capital: 794.47 million yen

Number of issued shares: 13,495,248 shares

Business: Management strategy and overall management of group companies (holding company), business restructuring and construction through alliances with food and beverage companies.

Renamed to 'China Food Equipment Co., Ltd.' and moved headquarters to Matsuhama-cho, Fukuyama City, Hiroshima Prefecture.

Moved headquarters to Hikon-cho, Fukuyama City, Hiroshima Prefecture.

Started vending of dairy beverages and introduced the supplier system (outsourced logistics) for the first time.

Established in April 1981

Established: April 1981

Capital: 3 million yen

Business content: Processing and selling tea, operating an internet shop

Established in July 1987

Established: July 1987

Capital: 3 million yen

Business content: Processing and selling health tea and related products

Implemented CI and renamed to 'Asiide Co., Ltd.'

Absorbed and merged with 'Kyōwa Service Co., Ltd.'

Absorbed and merged with 'Tistar Miyazaki Ltd.' and expanded its sales base to cover the Kinki, Chūbu, Shikoku, and Kyushu regions.

Registered its shares with the Japan Securities Association.

Established in September 1994

Established: September 1994

Capital: 10 million yen

Business: Production of canned, bottled, and PET bottled soft drinks and low-alcohol beverages, and production of soft pouch drinks.

Business content: Production and sale of hojicha, contract processing of tea leaves such as oolong, black, pu-erh, jasmine tea, contract processing of health tea, sterilization processing and powder processing of tea leaves and health tea

Established 'Asiide Information Systems Co., Ltd.' in Minato-ku, Tokyo.

Co-acquired shares of 'Kita-Kantō Pepsi Cola Bottling Co., Ltd.' (now a consolidated subsidiary), a manufacturer and distributor of soft drinks, coffee, and other beverages, with Asiide Information Systems Co., Ltd.

Acquired the operating rights of 'Daiichi Vending Machine Ltd.', whose sales base is in the Kitakyushu area, to strengthen its presence in that region.

Acquired the operating rights of 'Integrated Bend Service Co., Ltd.', whose sales base is in Hachioji City, Tokyo.

Made 'Daiichi Vending Machine Ltd.' and 'Integrated Bend Service Co., Ltd.' subsidiaries: the two companies merged in August 2002 and simultaneously changed their corporate name to 'Bendex Co., Ltd.' (now a consolidated subsidiary).

Acquired shares of 'Miyoshi Sake Brewery Co., Ltd.', a sake manufacturing and sales company (now a consolidated subsidiary).

Listed on the Second Section of the Tokyo Stock Exchange.

Acquired shares of 'Kita-Nippon Sunpoka Co., Ltd.' (in April 2003, renamed to 'Kita-Nippon Bendex Co., Ltd.').

Acquired the operating rights of 'Oriental Yōkō Co., Ltd.', whose sales base is in the Tokai region, to strengthen its presence there.

Established a local subsidiary, 'Shanghai Aijitou Food & Beverage Management Co., Ltd.', in Shanghai, China (the liquidation process was completed in November 2018, and it was dissolved).

To improve business efficiency, we integrated the beverage manufacturing business and transferred the beverage manufacturing operations of Kitakanto Pepsi Cola Bottling Co., Ltd. to Sanjiyoshizakuro Co., Ltd., while Kitakanto Pepsi Cola Bottling Co., Ltd. changed its name to Kitakanto Pepsi Cola Sales Co., Ltd., and Sanjiyoshizakuro Co., Ltd. changed its name to ASEED Brew Co., Ltd.

Machine Aomori Ltd. is a subsidiary (absorbed and merged into Kitajapan Bendes Co., Ltd. in August 2005).

Acquired shares of Ishikawa Sanpoka Co., Ltd. (renamed to Chubu Bendes Co., Ltd. in December 2005).

To improve business efficiency, ASEED Brew Co., Ltd. remained the surviving company and merged with ASEED Information Systems Co., Ltd.

To improve business efficiency, Bendes Co., Ltd. remained the surviving company and merged with Kitajapan Bendes Co., Ltd. and Chubu Bendes Co., Ltd.

Established real estate operating subsidiary Aouns Estate Co., Ltd. (currently a consolidated subsidiary).

Established in August 2008

Established: August 2008

Capital: 50 million yen

Business: Real estate development, sale, lease, and management.

Through a corporate split, Bendes Co., Ltd. inherited the vending machine retail business; ASEED Co., Ltd. changed its name to ASEED Holdings Co., Ltd.; and Bendes Co., Ltd. changed its name to ASEED Co., Ltd.

Acquired shares of Housoku Beverage Co., Ltd. (currently a consolidated subsidiary) through a share exchange.

Moved headquarters to Funamachi, Fukuyama City, Hiroshima Prefecture.

Established a resident office in Ho Chi Minh City, Vietnam.

Established in July 2013

Established: July 2013

Capital: 3 million yen

Business content: Delivery agency, pre-delivery work agency, transportation services, overseas import/export operations

Locations: Asied Logistics Center, 1714-2 Shimotsuboya, Shimotsuke City, Tochigi Prefecture; Okayama branch (32-5 Uraian Honmachi, Minami-ku, Okayama City, Okayama Prefecture; 582-2 Fujita, Minami-ku, Okayama City, Okayama Prefecture; 1477 Nakajima, Kurashiki City, Okayama Prefecture; 2482-5 Nagahama, Ushimado Town, Setouchi City, Okayama Prefecture)

Invested in HaLong Beer And Beverage Joint Stock Company in Vietnam, making it an equity-method affiliate.

Invested in ASEED (Thailand) Co., Ltd. (formerly ASEED & J.R.K. Co., Ltd.) in Thailand, making it an equity-method affiliate (currently a non-consolidated subsidiary).

Acquired a logistics warehouse in Shimotsuke City, Tochigi Prefecture (ASEED Logistics Center).

ASEED Co., Ltd., a consolidated subsidiary, acquired shares of Daibun Foods Ltd.

Kitakanto Pepsi Cola Sales Co., Ltd., a consolidated subsidiary, acquired shares of Iijima Co., Ltd.

Acquired shares of Logic Innovation Co., Ltd. (currently a consolidated subsidiary).

Acquired shares of Kawamura Farm Co., Ltd. (currently a consolidated subsidiary).

Acquired shares of Shizuoka Roast System Co., Ltd. and Marusan Hagi Tea Co., Ltd. (currently consolidated subsidiaries).

ASEED Co., Ltd., a consolidated subsidiary, acquired shares of Hitoh Bending China Ltd.

ASEED Co., Ltd., a consolidated subsidiary, acquired shares of Fujita Trading Co., Ltd. and Okuma Dairy Co., Ltd.