ITO EN Ltd - Company Profile
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Business Description
ITO EN Ltd (ITO) produces and distributes beverages, tea and related products. The company also operates a chain of restaurants under Tully’s Coffee brand and specialty tea shops.
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R&D Overview
ITO EN’s R&D arm involves in both basic and applied research to develop natural, healthy, safe, and delicious products. Its research activities operate through the Central Research Institute, which focuses on the development of products meeting customers’ needs and market trends. The company also utilizes the findings of scientific and academic institutes in product planning and development. Its R&D focuses on areas related to palatability, health and environment. In FY2023, the company incurred expenses of JPY2,133 million on R&D, which as a percentage of revenue, stood at 0.5%.
Business Segments
Overview
Produce and market nutritional supplements including vitamins, especially in North America.
Performance
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Overview
Operates through its subsidiary Tully’s Coffee Japan Co., Ltd. Engaged in the operation of nationwide specialty coffee shops under Tully’s Coffee brand name in Japan.
Performance
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Overview
Manufactures, markets and sells a range of teas such as iced tea, jasmine tea, barley tea, green tea and other beverage products. Sells tea products under Oi Ocha tea, Tea, Mugicha, Vegetable Beverages, Jasmine Tea, Matcha Green Tea which includes Tea bags/Matcha Powder.
Performance
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