Kewpie Corporation, at the meeting of its Board of Directors held on October 24, 2017, adopted a resolution to establish a China business controlling company in Beijing, China. The company owns three entities in China and engages in the manufacture and sale of foods, including mayonnaise and dressings, among others. With its China business expanding, the company intends to establish such a company to strengthen the functions of management of its entire business. Trade name: Kewpie (China) Corporation; Location: Beijing, the People's Republic of China; Representative: Tadaaki Katsuyama, President, Business: General control over, and support for, financial management, business management and formulation of business strategies, etc. of the company's local subsidiaries in China. Date of establishment is November 2017 (expected).

The company also to appoint Tadaaki Katsuyama as President.