COVID sets back Iris Ohyama's push into Southeast Asia

Region requires close watching for now despite its growth potential, chairman says

20211110 IRIS Group Chairman Kentaro Ohyama Interview

Irish Ohyama Chairman Kentaro Ohyama says he won't change the company's goal of raising its share of overseas sales to 50% despite the U.S.-China trade war and the COVID crisis in Southeast Asia. (Photo by Shihoko Nakaoka) 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Japanese appliance and household goods maker Iris Ohyama's plan to build a production plant in Vietnam had to be pushed back after the country's economy was brought to a standstill by the COVID outbreak, its chairman told Nikkei Asia in an interview on Tuesday.

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