Micvac Sees First Adoption in Korea

Dai Nippon Printing Co., Ltd. (DNP) is pleased to announce that Micvac hasbeen adopted in Korea by the Daesang Group. It is the first time the chilledmeal packaging system provided by the Company has been used in the Korean market,and will allow Korean-based food manufacturers to produce ready meals that canbe stored under refrigeration for 45 days.

[Micvac Features]

In line with the shift to more people living and eating alone, there hasbeen expanded demand for ready meals that can be easily heated in a microwaveoven before eating. In answer to these needs, from 2012 DNP has marketed Micvacin Japan. Micvac is a packaging system that uses microwaves to perform heatingand sterilization of foods simultaneously. Sealing in a dedicated containerallows users to store food in a fresh and tasty manner, retaining the crispinessof foodstuffs such as vegetables, without losing any of the nutrients, includingvitamins or proteins. Using Micvac it is possible to store foods under refrigeratedconditions for up to 45 days, facilitating extended product and distributionlifecycles, along with reduced disposal loss. Micvac is being increasingly adoptedin the Japanese domestic market, including use by Fujicco Co., Ltd., a Kobe-basedfood producer and marketer.

DNP has also put efforts into strengthening marketing of the packaging systemin Korea, a country with a significant ready meal market, and is pleased tobe able to announce that Micvac has been adopted by the Daesang Group. Providedin a 250g and 400g size, the packaging system will be now used in the manufactureof Korean and western ready meals.

[Micvac Awarded Food Prize]

In December 2015, DNP and Fujicco received the Minister of Agriculture, Forestryand Fisheries' Award, part of the 3rd Food Industry Mottainai Awards organizedby the Japan Organics Recycling Association.

The term "mottanai" is generally used in situations where peoplecall attention to the precious nature of an article or action, and look to avoidunnecessary waste.

The award recognizes companies and organizations that have made significantcontributions to anti-global warming and energy saving measures, and by makingsociety more broadly aware of these goals, also aims to promote activities designedto achieve the sustainable development of the food industry. The award ceremonywill be held on January 29, 2016.

[Looking Ahead]

DNP aims for sales of 1.2 billion yen in FY 2020 from the Micvac system anddedicated containers, and will strengthen sales to other Asian nations otherthan Korea. In addition, the Company will push ahead with the development ofcontainers allowing for multiple foodstuffs to be processed in the same tray,and of pouches for industrial-use. It is planned to expand the lineup of containerson a serial basis in 2016.

* Product prices, specification and service contents mentioned in this newsrelease are current as of the date of publication. They may be changed at anytime without notice.