Marukin Shoyu Co., Ltd. - 2803- Profile

Marukin Shoyu Co., Ltd. was established in 1907 on Shodoshima Island, part of Kagawa Prefecture to manufacture Shoyu (soy sauce) and similar seasonings. The company is also engaged in the wholesale of purchased food products including cooked beans and dried somen noodles, and the rental and leasing of real estate. Shoyu accounted for 72% of fiscal 1999 revenues; other seasonings, 17%; rental and leasing of real estate, 6% and the wholesale of purchased food products, 5%. Export sales, mainly to the United States, accounted for 3.5% of fiscal 1999 revenues. F.V.L. K.K., a real estate operator, is the major shareholder with 44.32% of issued stock.