1998 May : Establishment of Lacto Japan Co., Ltd. (Initial Capital JPY22,600,000.-) Oct : Representative Office opened in Los Angeles. Nov : Representative Office opened in Singapore. Nov : 1st Financial Period (6 Months) Sales JPY 400,000,000.- 1999 Jan : Shigeru Yasumi appointed as Managing Director. Jun : Representative Office opened in Melbourne. "Lacto Japan (Asia)" was established in Singapore. Nov : 2nd Financial Period Sales JPY 5,750,000,000.- 2000 Feb : Representative Office opened in Amsterdam. Mar : Capital increased to JPY 67,800,000.-. Apr : Nominated as a import agent of ALIC. Nov : 3rd Financial Period Sales JPY 11,095,000,000.- 2001 Feb : Representative Office opened in Milan. Mar : Capital increased to JPY 135,600,000.- Nov : Representative Office closed in Singapore. 4th Financial Period Sales JPY 16,220,000,000.- 2002 Mar : Capital increased to JPY 159,960,000.- Nov : 5th Financial Period Sales JPY 19,210,000,000.- 2003 Nov : 6th Financial Period Sales JPY 19,990,000,000.- Dec : "Foodtech Products Pte Ltd" was established in Singapore 2004 Nov : 7th Financial Period Sales JPY 20,434,000,000.- 2005 Jul : Representative Office opened in Shanghai. 2005 Nov : 8th Financial Period Sales JPY 23,167,000,000.- 2006 Nov : 9th Financial Period Sales JPY 28,682,000,000.- 2007 Nov : 10th Financial Period Sales JPY 45,280,000,000.-