Sanwa Yushi Co. Ltd., a leading Japanese rice bran oil producer, has expressed a keen interest in importing crude rice bran oil from Bangladesh. This declaration of intent was made by Mr. Yozaemon Yamaguchi, Managing Director of Sanwa Yushi Co. Ltd., during a view exchange meeting held on October 06, 2025, at the FBCCI office, Motijheel, Dhaka.

The meeting was chaired by Mr. Md. Alamgir, Secretary General of FBCCI, who presented a comprehensive report on the market potential, demand, supply chain, and investment prospects of edible oil in Bangladesh. Local business leaders associated with the rice bran oil industry were also in attendance.
During the session, Mr. Yamaguchi highlighted that rice bran oil meets 30-40% of Japan's edible oil demand, but domestic production falls short. He explicitly stated, we would like to procure crude oil from here (Bangladesh), citing the high Japanese demand.

Local industry representatives highlighted that rice is the primary crop and ample raw materials are available locally; the market prospects for rice bran oil are substantial. By increasing the production of rice bran oil, Bangladesh can significantly reduce edible oil import dependency, they added.

However, local producers voiced concerns that exporting crude oil could cause a raw material shortage domestically. Some opposed the crude export, while others proposed exporting both crude and refined oil to Japan.

In response, FBCCI Secretary General Mr. Alamgir called for Japanese investment and technological cooperation in the rice bran oil sector. He assured that FBCCI would provide every necessary support to Sanwa Yushi Co. Ltd. in establishing an industry in Bangladesh.

The event was also attended by Former Director of FBCCI Mr. Abdul Haque, President of Bangladesh CNG Machineries Importers Association Mr. Md. Zakir Hossain (Noyon), Business Associate of Bangladesh Sudan Ginning Cotton Company Limited Mr. Gazi Mahmood Kamal, President of Bangladesh Rice Bran Oil Mills Association Mr. Md. Abdul Aziz, Former Additional Secretary (PRL) of the Ministry of Agriculture of Bangladesh Mr. Md. Zakir Hossain, Executive Vice President (Corporate Planning Department) of Sanwa Yushi Co. Ltd. Mr. Takaaki Yamaguchi, Head of International Affairs Wing of FBCCI Mr. Md. Zafar Iqbal ndc, Adviser of the FBCCI Safety Council Birg. Gen. (Retd.) Abu Nayeem Md. Shahidullah.