Japan Vietnam Livestock Co., Ltd (Vinamilk Group)

What Japan Vietnam Livestock Co., Ltd (Vinamilk Group) does

Japan Vietnam Livestock Co., Ltd (JVL) is a private joint venture established on September 27, 2021 between Vilico — a wholly-owned subsidiary of Vietnam Dairy Products Joint Stock Company (Vinamilk) holding 51% — and Sojitz Corporation of Japan holding 49%, with a total partnership value exceeding 500 million USD. JVL operates Vietnam's first fully integrated Japanese-standard cattle farming and chilled beef processing complex, the Tam Dao facility in Vinh Phuc province, which spans 75.6 hectares, includes a 10,000-head cattle farm, and has a processing capacity of 30,000 head/year (approximately 10,000 tons of product annually). The company's proprietary technology stack includes Japanese-style wet aging and chilling processes, MAP (Modified Atmosphere Packaging) under the OPTI SEAL brand, herd-separated farming methods developed with Japanese expert support, and a 300+ day grain-fed cattle program, with farms certified to Global G.A.P standards.

JVL commercializes chilled beef under two sub-brands: VINABEEF, the mainstream brand for various cuts (striploin, ribeye, tenderloin, chuck, round, flank, ground beef) and NIKU-ICHI, the premium fresh chilled beef brand launched in January 2026 targeting high-end HORECA and retail channels. The company operates a focused B2B go-to-market model through dedicated field sales teams serving two primary channels: HORECA (hotels, restaurants, cafes, and catering) and Modern Trade (retail chains and supermarkets), with named distribution partners including Golden Gate, Sun Group, AEON, WinMart, Lotte Mart, Co.opmart, Central Retail, MegaMarket, FineLife, Fujimart, Takahiro, Goldsun Food, and Kingfood. Pricing is not publicly disclosed; revenue is generated through direct hardware/product sales of chilled beef, with Phase 1 projected annual revenue of up to 2,550 billion VND (~102 million USD). The leadership team is jointly staffed by Vilico and Sojitz, with Harumoto Yoichi serving as CEO, Đoàn Quốc Khánh representing Vilico, and Mizushima Kozo representing Sojitz Vietnam.

Name

Japan Vietnam Livestock Co., Ltd (Vinamilk Group)

Legal name

JAPAN VIETNAM LIVESTOCK COMPANY LIMITED

Website

https://vinabeef.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

JVL is a Vinamilk-Sojitz joint venture operating Vietnam's first Japanese-standard integrated cattle farming and chilled beef processing complex, serving HORECA and Modern Trade B2B customers regionally with VINABEEF and NIKU-ICHI premium brands.

Ownership category

akta.pro rank

Product category

Chilled Beef Processing

NAICS

Animal Slaughtering and Processing (3116), Beef Cattle Ranching and Farming (112111), Animal (except Poultry) Slaughtering (311611)

SIC

Meat Packing Plants (2011), Food And Kindred Products (2000)

akta.pro industry

PRIMARYAFANAAAF

Beef Value-Added Prepared Meals (RTE/RTH Entrées, Meal Kits)

Agriculture & Food Production/Meat, Poultry & Seafood Processing/Beef Processing (Slaughtering, Fabrication & Packaging)

SECONDARYCRADACAK

Refrigerated Meat & Seafood (Processed/Packaged)

Consumer Products & Retail/Consumer Packaged Goods (CPG) Manufacturing & Brands/Dairy & Refrigerated Foods

Keywords

• Chilled beef processing
• Japanese-standard cattle farming
• HORECA meat supply
• Grain-fed beef production
• Integrated beef supply chain

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Chilled Beef Product Sales: JVL generates revenue through the sale of chilled beef products under two brands: VINABEEF (mainstream chilled beef) and NIKU-ICHI (premium grain-fed chilled beef). Products include various beef cuts sold through HORECA and Modern Trade channels. The company reported expected revenue of up to 2,550 billion VND annually from Phase 1 operations.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

JVL produces and sells Japanese-standard chilled beef products under the VINABEEF and NIKU-ICHI brands from its fully integrated cattle farm and beef processing complex at Tam Đảo, Vĩnh Phúc province, Vietnam. The company controls the entire farm-to-table process — cattle raising with herd-separated grain-fed methodology, controlled-temperature wet aging, and MAP packaging — and supplies a range of beef cuts to HORECA and Modern Trade/retail B2B customers across Vietnam.

Product overview

Japan Vietnam Livestock Co., Ltd (JVL) operates as a joint venture between Vinamilk (through Vilico) and Sojitz Corporation of Japan, established September 27, 2021, with total investment exceeding 500 million USD. The company operates two main product sub-brands: VINABEEF (standard chilled beef with carefully selected breeds and advanced chilling technology) and NIKU-ICHI (premium chilled beef with 300+ days grain-fed Japanese-style breeding). The product portfolio spans various beef cuts including striploin, ribeye, tenderloin, chuck, round, flank, shank, and ground/minced products, distributed through Horeca (hotels, restaurants, cafes) and Modern Trade (MT/retail) channels. The Tam Dao facility in Vinh Phuc Province includes a 10,000-head cattle farm and processing plant with 30,000 heads/year capacity (10,000 tons products/year).

Differentiator

Problem solved

Functional benefit

Brands

• VINABEEF: Primary chilled beef brand applying Japanese farming and processing standards, featuring MAP packaging technology and grain-fed cattle. Products include various beef cuts such as loin steak, round slice, chuck slice, and ground beef.
• NIKU-ICHI

Products and services

• VINABEEF (Chilled Beef Brand) JVL's mainstream chilled beef brand featuring carefully selected breeds from Vinamilk-managed farms, processed using Japanese-style advanced chilling and wet aging technology with MAP packaging. Cuts include striploin, ribeye, tenderloin, chuck, round, flank, and ground beef suitable for retail and food service applications in Vietnam.
• NIKU-ICHI (Premium Chilled Beef Brand) JVL's premium fresh chilled beef brand positioned as a pioneer in chilled beef in Vietnam, with cattle grain-fed for 300+ days according to Japanese technology formulas and traditional herd-separated breeding methods; OPTI SEAL packaging preserves freshness. Cuts include Striploin, Ribeye, Tri-Tip, Top Blade, Chuck slice, Shank, and additional premium cuts.
• Vinabeef Round Cube (Đùi bò lúc lắc) Cube-cut beef round from the VINABEEF brand, processed with Japanese chilling technique to maintain tenderness and freshness, suitable for pan-frying, stir-frying, and grilling — described as the leanest cut in the line.
• Niku-Ichi Top Blade (Lõi vai) Top blade cut from the NIKU-ICHI premium chilled beef line, suitable for soup and BBQ menus. Sourced from cattle fed a Japanese-formula grain diet for 300+ days.
• Niku-Ichi Chuck slice Sukiya (Vai bò) Sliced beef chuck from NIKU-ICHI, 200g packaging with 3mm thick slicing, featuring fine marbling from the 300+ day grain-fed diet. Designed for hotpot, stir-fry, and BBQ applications.
• Niku-Ichi Striploin (Thăn ngoại) Premium striploin cut from NIKU-ICHI, positioned in the loin section with velvety smooth lean and signature strip of fat. Targeted at steak connoisseurs seeking a balance of tenderness and flavor.
• Niku-Ichi Ribeye (Dẻ sườn) Ribeye cut from NIKU-ICHI, located in the rib-back section and described as the 'King of Steaks', featuring thick velvety smooth lean core, outer fat cap, and central eye of fat. Suitable for steak, stir-fry, soup, and BBQ.
• Vinabeef Minced Beef (Thịt xay sợi) Ground beef product from the VINABEEF line with optimal texture for cooking structural integrity, using MAP packaging to lock in natural juices and freshness. Suitable for spaghetti, sauté, and stir-fry applications.

Quantifiable outcome

• Processing capacity of 30,000 head/year (10,000 tons of chilled beef products annually)
• +2 more outcomes

Named customers13 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Vilico (Vinamilk Livestock Corporation)coreStrategic or Co-development Partner · 27 September 2021Vilico, a wholly-owned subsidiary of Vinamilk, holds 51% equity stake in JVL as the majority partner. Vilico contributes agricultural expertise, existing farm infrastructure, and Vinamilk's distribution network to the joint venture. The partnership leverages Vinamilk's dairy farming experience and Sojitz's international trading capabilities.
• Sojitz Corporation (Japan)coreStrategic or Co-development Partner · 27 September 2021Sojitz, a Japanese multinational general trading company (sogo shosha), holds 49% equity stake in JVL. The total cooperation value amounts to over 500 million USD. Sojitz brings Japanese beef cattle expertise, technology transfer, and international market access. The partnership was formalized at the 50th anniversary of Vietnam-Japan diplomatic relations.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Tyson Foods, Inc. Global meat processing giant with broad product portfolio across beef, poultry, and prepared foods. Comparable as a meat processing incumbent operating at a substantially larger scale than JVL.
• JBS S.A. World's largest meat processor with beef, poultry, and pork operations globally. Comparable as a major beef processing incumbent with scale advantages JVL cannot match directly.
• Marubeni Corporation: Japanese sogo shosha with significant meat, food, and livestock trading operations analogous to JVL's partner Sojitz. Comparable Japanese trading-company model with meat industry involvement.
• Cargill, Incorporated: Global food and agriculture company with significant meat and animal nutrition operations across Asia. Comparable as a broad incumbent with vertical integration in animal protein supply chains.

Direct peers

• Charoen Pokphand Foods (CPF): Thai conglomerate with major meat and food operations across Southeast Asia including Vietnam. Comparable vertical integration in livestock and meat processing, though with a much broader product portfolio beyond beef.
• VISSAN Joint Stock Company: Vietnam's largest meat processor producing fresh and processed meat products for the domestic market. The most directly comparable domestic peer competing in similar HORECA and retail channels within Vietnam.
• Itoham Yonekyu Holdings: Japanese meat processor producing premium beef, hams, and sausages with vertically integrated operations and strong HORECA relationships. Comparable in applying Japanese meat expertise to premium beef segments.
• NH Foods (Nippon Ham Group): One of Japan's largest vertically integrated meat and processed food companies, with operations spanning livestock raising, meat processing, and packaged meat products across Asia. Closely comparable to JVL's integrated Japanese-standard farm-to-table beef operation.

Emerging players

• Australian Agricultural Company (AACo): Australia's largest cattle producer focused on premium grass-fed and grain-fed beef with significant supply to Asian markets including Japan. Comparable premium beef positioning targeting HORECA channels in Asia.

Others

• Sojitz Corporation: JVL's joint venture partner holding 49% stake, providing Japanese beef cattle expertise and international market access. Listed as a related entity with meat trading operations, not a direct competitor but a strategic ecosystem participant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@jvlcompany
• Facebookfacebook.com/botuoiumat.nikuichi
• LinkedInlinkedin.com/company/japan-vietnam-livestock-co-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Japan Vietnam Livestock Co., Ltd (Vinamilk Group)