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TOKYO & KUALA LUMPUR, Malaysia, October 01, 2026--Umios Corporation (TOKYO Prime: 1333; formerly Maruha Nichiro) and Wah Kong Corporation have completed the establishment of a strategic joint venture centered on Pet World International Sdn. Bhd. ("PWI"), one of Malaysia’s leading pet food companies.
Umios (TSE:1333) has drawn attention after its shares closed at ¥1,280.5, leaving the stock down about 1% over the past month and roughly 2% over the past 3 months. For context, Umios has seen its share price ease slightly in recent weeks, while the 1-year total shareholder return of 13.69% and 3-year total shareholder return of 64.35% point to stronger longer term gains. This may indicate that recent weakness reflects a modest shift in short term sentiment rather than a clear break in its...
The group, formerly trading as Maruha Nichiro, has snapped up a minority stake in the Thai seafood and pet-food supplier.
The Japanese company, formerly known as Maruha Nichiro, is to buy a majority stake in Malaysia’s Pet World International.
The Japanese group first invested in Netherlands-based Seafood Connection in 2013.
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