Japan's big farm lender taps FamilyMart to boost produce sales

Joint investment with co-op aims to widen retail channels for agri sector

20200731 JA 3

Japan's aging farm sector may be able to reap better returns thanks to the tie-up with FamilyMart.

SHIKO UEDA, Nikkei staff writer

TOKYO -- Japan's Norinchukin Bank and the National Federation of Agricultural Cooperative Associations, or Zen-Noh, will jointly invest 57 billion yen ($545 million) in the FamilyMart convenience store chain to sell farm products through the store's nationwide network.

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