Nihon Nohyaku Co., Ltd. TSE:4997

Nihon Nohyaku : Enters Memorandum of Understanding with Ghent University and Tech Lane

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Source: MarketScreener

Nihon Nohyaku Co., Ltd. Enters Memorandum of Understanding with Ghent University and Tech Lane

Nihon Nohyaku Co., Ltd. (Head Office: Chuo-ku, Tokyo; President: Hiroyuki Iwata; hereinafter "Nihon Nohyaku") has signed a Memorandum of Understanding (MoU) with Ghent University (hereinafter "Ghent University") in Belgium and its affiliated organization, Tech Lane Ghent Science Park (hereinafter "Tech Lane"), for cooperation in research and development of sustainable crop protection products.

This MoU aims to create innovative and environmentally conscious solutions in the agricultural sector by combining the expertise and technological capabilities of the three parties along with existent research cooperation between Nichino Europe Co., Ltd., a subsidiary of Nihon Nohyaku in Cambridge, UK (hereinafter "Nichino Europe"), and Ghent University. Through this MoU, the parties seek to expand collaborations in order to fulfill their contribution to address global challenges such as food security and climate change.

Overview and Roles of Each Organization

NICHINO Group which is a term used to refer Nihon Nohyaku Co., Ltd. and its group companies (subsidiaries) is a research and development-oriented company group with subsidiaries around the world, whose Basic Principle is to contribute to the realization of a sustainable society by ensuring safe and steady food production and by improving the quality of life for all. NICHINO Group is committed to creating new value and being a trustworthy company for all stakeholders.

Ghent University is a public university in Belgium that pursues excellence in education, fundamental and applied research, and societal impact. It emphasizes diversity and international collaboration and possesses strong expertise in biotechnology, particularly in the agricultural and food sectors. Ghent University is dedicated to sustainable development and knowledge sharing in the domain of agriculture, addressing global challenges such as food security, public health, and climate change. The Ghent University business development center CropFit facilitates the knowledge sharing to industry and society.

Tech Lane is a service center that supports spin-off companies from the Ghent University Association. It fosters the start-up, growth, and development of innovative high-tech companies. By promoting synergy and networking, Tech Lane creates a dynamic environment for young and creative entrepreneurship.

Future Outlook

Based on the MoU, Nihon Nohyaku, together with the active contribution by Nichino Europe, will strengthen its collaboration with Ghent University and Tech Lane, particularly in exploring development of eco-harmonized products. Moving forward, the parties aim to provide more sustainable and innovative agricultural solutions through joint research and technological exchange.

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