The Japanese Ministry of Economy, Trade and Industry’s Cool Japan Fund has been identified as the largest of new stakeholders in the Vietnam-headquartered Pizza 4P’s.
Cool Japan Fund has acquired the minority stake sold by Vietnam equity investor Mekong Capital for $10 million.
Several smaller investors also participated in the equity purchase.
Cool Japan Fund cofounder Yosuke Masuko said they want to continue pursuing international growth ambitions.
The acquisition was purely a share sale and did not include the injection of any new capital into the business; it was purely a share sale.
In a statement, Cool Japan Fund said it would help create a platform for Japanese ingredient manufacturers and breweries to expand overseas, especially in Vietnam, and “spread the word about Japanese food culture”.
Cool Japan Fund described Vietnam as an attractive market, with a population of nearly 100 million people, a youthful population with an average age of 31, and stable economic growth.
Additionally, Vietnam is friendly with Japan and has a penchant for Japanese food culture.
Cool Japan Fund has increased its investment in Vietnamese logistics company CLK Cold Storage to help it transport meat, fresh food, sake, and other goods to Vietnam.
With 27 restaurants in Vietnam and Cambodia and Pizza 4P’s developed an FMCG product range, including frozen pizzas and pasta, handmade cheeses, and condiments, available through supermarkets and convenience stores.


Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions
Parents abused by their children often suffer in silence – specialist therapy is helping them find a voice
Yes, government influences wages – but not just in the way you might think
Can your cat recognise you by scent? New study shows it’s likely
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
Office design isn’t keeping up with post-COVID work styles - here’s what workers really want
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track
OpenAI Explores Massive Funding Round at $750 Billion Valuation
The Beauty Beneath the Expressway: A Journey from Self to Service
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
Debate over H-1B visas shines spotlight on US tech worker shortages
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 



