Dong Won Fisheries to form JV with Japan lunchbox giant

South Korean deep-sea fishing company Dong Won Fisheries is to establish a joint venture (JV) with a Japanese food giant to target the Korean market with bento box lunches.

The Korean stock exchange listed company is setting up a JV with Plenus, a company which has 2,500 stores in Japan selling bento boxes and other meals, which will be established in January, according to Bloomberg.

Dong Won will have a 60 percent stake in the JV, with Plenus -- which reported sales of ¥121 billion (€1.2