JAKARTA (Yosefardi) – Morinaga & Co Ltd (Japan) and PT Kinosentra Industrindo have in November 1, 2013 set up a joint venture (JV) named PT Morinaga Kino Indonesia.
The JV is engaged in manufacturing and sales of snacks and juice powder in Indonesia. Morinaga holds a 51% stake in JV. PT. Kinosentra Industrindo is owned by Harry Sanusi and Harris Sanusi.
Kinoisentra have its affiliates such as PT Duta Lestari Sentratama and PT Kinocare Era Kosmetindo, both have the brand of Kino The Innovator.
Kino Corporation started as a small distribution company named Duta Lestari Sentratama back in 1991. Nowadays Duta Lestari Sentratama has grown significantly with hundred of vehicles and 6 office branches to handle its operation throughout Java.
Expanding into the manufacturing industry, Kino Sentra Industrindo was built as a confectionary manufacturing company in 1997 with its factory located in Semarang, Central Java. Kino Sentra Industrindo keeps on actively creating a wide range of confectionary products such as candies, snacks and chocolates.
Another big step was taken in 1999, Kinocare Era Kosmetindo, manufacturer of a wide range of personal care products for all genders and ages was established. 2003 saw Kinocare Era Kosmentindo enlarged its businesses further into homecare division by providing a wide range of homecare products under the brand Sleek. Later Kino stepped further into Beverage industries by producing Panther Energy Drink.
Meanwhile, Morinaga & Co Ltd is engaged in the manufacture, purchase, and sale of confectionaries (caramel, biscuits, chocolate, etc.), foodstuffs (cocoa, cake mix, etc.), frozen desserts (ice cream, etc.), and health products (jelly drinks, etc.).