Regarding the characteristics of Japanese foreign development policy in multinational agribusiness, it has been argued that development import, which provides products for Japan, is a major component. There is, however, a possibility to change the balance through policy changes, because the significance of Japanese market is lessened due to a decreasing scale demand. The issue of this paper is to grasp the characteristics of recent foreign development of Japanese firms in grain business by illuminating the structure of the new global agri-food system constructed by Japanese firms. The results indicate the following points. The background of this business expansion are in increasing grain prices, increasing Asian demand, and the characteristic of grain business to seek economies of scale. Further, Japanese firms promote third-country trade to transport grain, produced in Americas, to Asia, which is different from the previous patterns of foreign development, i.e. development import. Finally, Japanese firms tend to choose alliance or joint venture compared with the grain majors. It is suggested that a moderate relationship of the agri-food system will be constructed, if the business of Japanese multinational agribusiness is expanded.
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