Spread Japan

Kyoto's SPREAD Co., Ltd. Brings Large-Scale Expertise to the AVF -  Association for Vertical Farming
Spread Vertical Farming (Source)

Overview

Spread is one of the leading vertical farming companies in Asia, located in Japan. Japan is a unique market across the globe because the market in Japan is considered to be the closest to mature, with over 200 vertical farming companies in Japan and vertically farmed crops accepted in the domestic market. Spread is also unique in the sense that it is one of the few vertical farms to achieve profitability. Their original Kameoka facility became profitable almost ten years ago in 2013.

Founders

Spread was founded in 2006, which makes it among the first founded vertical farms globally. Shinji Inada, the CEO of Spread, is also the companies founder.

Stock

As a private company, stock in Spread is currently not available on the public market.

Revenue

Spread is a market leader in Japan, servicing over 2500 retail locations across the country. Retail is not all of Spread's business however. It consists of about 70% of the companies business. The other 30% goes to food service and ready to eat packaged meals. A report from 2015 suggested revenue of spread of approximately 1 billion yen, equivalent to about $9M US dollars. With expansion into a second facility in 2020 and increased production efficiency, the estimated revenue of the company is currently $100M.

Spread's website currently discusses a yield per day of 4 tons of lettuce, which would suggest a sales figure well into the $100M+ range. The website also services over 4,000 customers in total.

Locations

Spread has two farms, each with the capability of producing approximately 2 tons of lettuce per day. Their first plant, named the Kemeoka plant, was built in 2007. This plant is capable of producing over 21,000 heads of lettuce per day.

More Info on Spread

https://spread.co.jp/en/

https://www.verticalfarmdaily.com/article/9283357/japan-operating-rate-of-99-in-large-scale-automated-farm/

https://www.hortidaily.com/article/9195770/japanese-vertical-farm-spread-brings-large-scale-expertise-to-the-avf/

Are you interested to learn more about Plenty and other vertical and indoor farming companies? Be sure to join our newsletter of over 5,000 subscribers across the vertical and indoor farming industries.

To subscribe, enter your email in the form below!

Asia Vertical Farming Companies: The 2023 Report

Download the Free Sample Report

Mark-Horler

"For a target audience that is trying to understand the basics of vertical farming, this is a quality newsletter to subscribe to"

- James Pateras, CEO, Modular Farms Australia

North America Vertical Farming Companies: The 2023 Report

Download The Free Sample Report

Mark-Horler

"The North America Vertical Farming Companies Report 2023 aggregates many sources of public information on many different companies so that you don't have to do the research yourself, it's worth the money and saves a lot of time"

- John Ireland, CEO, NTP Technologies

Europe Vertical Farming Companies: The 2023 Report

Download the Free Sample Report

Helen Andrew Spare Harvest

"As a business development manager supporting the indoor agriculture, CEA, and food tech industries, I can say Urban Vine guides and their insider newsletter provide detailed information often difficult to find online."

- Irena Lundberg, CleanTech Invest Stockholm

Middle East Vertical Farming Companies: The 2023 Report

Download the Free Sample Report

Mark-Horler

"As a marketing professional in the indoor agriculture industry, Urban Vine's newsletters, reports and guides are an excellent resource for keeping up-to-date with news and developments in vertical farming."

- Steven Mitchell, Product Manager, Intelligent Growth Solutions (IGS) UK

All Indoor Farming Company Interviews

Libra Design

April 24, 2024

This interview details Libra Design, an indoor farming technology company based in the United States. The interview is with Travis Williams, Co-Founder & CEO of Libra Design. To learn more about Libra Design and other indoor farming companies, click on this link!

View Full Interview

BioSafe Systems

April 23, 2024

This interview details BioSafe Systems, a company based in the United States. The interview is with Eric Smith, National Sales Manager (Horticulture Division) at BioSafe Systems. To learn more about BioSafe Systems and other indoor farming companies, click on this link!

View Full Interview

McNabb MicroFarm

April 23, 2024

This interview details McNabb MicroFarm, an indoor farming company based in the United States. The interview is with Lauren McNabb, Head of Marketing at McNabb MicroFarm. To learn more about McNabb MicroFarm and other indoor farming companies, click on this link!

View Full Interview

Griffin Greenhouse Supplies

April 22, 2024

This interview details Griffin, an indoor farming company based in the United States. The interview is with Tami Van Gaal, Director of Vendor Relations at Griffin. To learn more about Griffin and other indoor farming companies, click on this link!

View Full Interview

Virgo Global Inc.

April 22, 2024

This interview details Virgo Global Inc., a company based in Canada. The interview is with Guillaume Paquet, Director R&D at Virgo Global Inc. To learn more about Virgo Global Inc. and other indoor farming companies, click on this link!

View Full Interview

Corridor Farmers

April 23, 2024

This interview details Corridor Farmers, an indoor farming company based in Singapore. The interview is with Roc Koh, CEO of Corridor Farmers. To learn more about Corridor Farmers and other indoor farming companies, click on this link!

View Full Interview

Affinor Growers

April 19, 2024

This interview details Affinor Growers, an indoor farming technology company based in Canada. The interview is with Nick Brusatore, CEO of Affinor Growers. To learn more about Affinor Growers and other indoor farming companies, click on this link!

View Full Interview

Ina Plastics

April 18, 2024

This interview details Ina Plastics, a company based in Greece. The interview is with Jacob Tsonakis, Founder and CEO of Ina Plastics. To learn more about Ina Plastics and other indoor farming companies, click on this link!

View Full Interview

Funga Farm

April 12, 2024

This interview details Funga Farm, an indoor farming company based in Denmark. The interview is with Thomas Kyle Cometta, Owner of Funga Farm. To learn more about Funga Farm and other indoor farming companies, click on this link!

View Full Interview

Savills

April 12, 2024

This interview details Savills, a company based in the UK. The interview is with Joe Lloyd, analyst Savills rural research. To learn more about Savills and other indoor farming companies, click on this link!

View Full Interview