Ligua and TBM Collaborate to Launch Dr.Supporter in Vietnam
In a significant move to expand their global presence, Ligua Co., Ltd., headquartered in Osaka, Japan, and TBM Co., Ltd., based in Tokyo, have joined forces to introduce their healthcare brand, Dr.Supporter, into the Vietnamese market. This partnership is marked by a Memorandum of Understanding (MOU) with the Vietnamese distribution giant Green Holding Sport, establishing a foundation for their market entry.
Understanding Dr.Supporter
Dr.Supporter is a brand focused on healthcare products infused with the unique mineral complex, IFMC (Integrated Functional Mineral Crystal), derived from hot springs. This line of products primarily includes supportive items designed to assist with daily movements and enhance sports performance. Since its launch in July 2021, Dr.Supporter has seen a remarkable increase in popularity, now available in over 2,000 clinics nationwide.
What is IFMC?
Developed by Teikoku Pharmaceutical Co. with inspiration from hot spring therapy, IFMC consists of finely sized mineral crystals at the nanometer level. These crystals are widely used in products aimed at supporting daily performance, endorsed by professional athletes and health enthusiasts alike. Notably, research indicates that IFMC is connected to blood nitric oxide levels, which are crucial for vascular health and regulation. These findings have led to a patent (No. 6557442), underscoring its significance in healthcare and wellness industries globally.
Background for Entering Vietnam
Vietnam's health consciousness and the growing sports demographic have created a booming market for high-quality Japanese wellness and sports-related products. Recognizing this opportunity, Ligua and TBM aim to leverage their partnership’s synergies to introduce Dr.Supporter to Vietnamese consumers.
The Roles of Each Company
The roles in this collaboration are clearly defined:
- - Ligua: Responsible for developing and supplying Dr.Supporter products, particularly those featuring IFMC technology.
- - TBM: Focused on supporting Ligua's overseas expansion efforts, including negotiations with Green Holding Sport and ensuring compliance with local regulations regarding the import and export of Dr.Supporter products.
- - Green Holding Sport: Acts as the local distributor, leveraging its extensive network within Vietnam. The company’s strong track record as an agent for major sports brands will be crucial in bringing Dr.Supporter products to local consumers.
Future Developments
Currently, the three companies are working diligently based on the MOU to build sales structures, develop marketing strategies, and confirm regulatory approvals. They expect to initiate retail sales in Vietnam within the current fiscal year.
Ligua and TBM’s collaboration demonstrates a commitment to leveraging their partnership for the global expansion of the Dr.Supporter brand, aiming to enhance the health and quality of life for individuals worldwide.
Company Overviews
1.
Ligua Co., Ltd.
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Headquarters: Awajicho Park Building 2, 6-6 Awajicho, Chuo-ku, Osaka, Japan
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Established: 2004
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CEO: Yoshihiko Kawase
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Website:
ligua.jp
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Market: Tokyo Stock Exchange Growth
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Business Focus: Preventive healthcare and financial services aimed at alleviating concerns related to health and finance to create a society filled with wellness.
2.
TBM Co., Ltd.
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Headquarters: 1-2-2 Yuraku-cho, Chiyoda-ku, Tokyo, Japan
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Established: August 2011
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CEO: Atsuyoshi Yamazaki
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Website:
tb-m.com
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Business Focus: Development and sales of environmentally-friendly materials and products, promoting resource recycling.
3.
Green Holding Sport
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Company Overview: Engaged in international trade and environmental solutions. Dedicated to sustainable economic development and maintaining a robust supply chain across various sectors, focusing on ecology-related products and solutions to minimize environmental impact.