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 Agricultural Science; Vol. 7, No. 1; 2025 
ISSN 2690-5396   E-ISSN 2690-4799 

https://doi.org/10.30560/as.v7n1p104 

104                             Published by IDEAS SPREAD 
 

A Typical Case Study of Investment in Agricultural Projects - The 
Case of Mokumoku Farms 

Tingting Qu1 

1 School of Economics and Management, Chongqing Normal University, Chongqing, China 

Correspondence: Tingting Qu, School of Economics and Management, Chongqing Normal University, 
Chongqing, China.  

 

Received: April 5, 2025   Accepted: May 12, 2025   Online Published: May 15, 2025 

 

Abstract 

In recent years, the scale of investment in agricultural infrastructure construction projects in China has shown a 
continuous expansion trend, a large amount of social capital into the agricultural sector at the same time, the 
inefficiency of resource allocation, investment efficiency does not meet expectations and other issues are becoming 
increasingly prominent. Particularly noteworthy is that some agricultural investment projects due to the lack of 
risk management mechanism leading to serious losses, exposing the agricultural project investment decision-
making system needs to be improved theoretical and practical dilemma. This study adopts the typical case study 
method, selects Mokumoku Farm in Japan as the research object, and through systematic deconstruction of its 
development mode, deeply analyzes the coupling mechanism among the core elements, such as project planning, 
industry integration, risk control and value co-creation. It provides a new analytical framework for agricultural 
project investment risk management, and also provides a practical path for optimizing China's agricultural 
investment decision-making mechanism and enhancing the comprehensive benefits of agricultural projects, with 
a view to providing reference for agricultural project investment management. 

Keywords: agricultural project investment, risks, countermeasures, Mokumoku farms 

1. Introduction 

As a large agricultural country, the issues of agriculture, rural areas and farmers have always been fundamental to 
the well-being of the nation, as well as to the stability of society, the wealth of the country and the rejuvenation of 
the nation. The key to facing the three rural issues, improving the living standards of farmers and developing 
agricultural production is to develop comprehensive agricultural production capacity and increase support for 
investment in agricultural projects. As the country's financial strength continues to grow, national policies are 
beginning to favour the countryside, adhering to the priority development of agriculture and rural areas and 
accelerating the modernization of agriculture. In order to vigorously promote the modernization of agriculture and 
rural areas, efforts must be made to strengthen the construction of agricultural projects and increase investment in 
agricultural project construction. As the scale of investment in agricultural project construction is expanding, it 
plays an important role in the development of rural economy and the construction of new countryside, but there 
are some problems in the process of management and use of the project, which affects the effect of project 
investment and does not enable the agricultural construction project to play the maximum benefit, therefore, the 
article takes Mokumoku farm as an example as a reference for agricultural project investment. 

2. Case Background 

Mokumoku Farm, with the theme of “nature, agriculture, and pigs,” is a new type of agricultural-themed idyllic 
complex that combines agricultural sightseeing programs, agricultural knowledge education, agricultural product 
demonstrations, gourmet food, agricultural product shopping, and resorts. In 2016, it won the “Special Prize of 
Regional Innovation Competition” in Japan. Mokumoku Farm, as a world-wide demonstration of the integrated 
development of rural culture and tourism industry, has become a model for other countries to study and learn from. 
Through the in-depth analysis of Mokumoku Farm, the article provides a reference for the investment and 
development of agricultural projects and rural revitalization in China. 

2.1 Seize on Policy 

In the 1990s, under the support of Japan's rural policy, Japan's regions vigorously develop the tourism industry. 
1992, Japan's Ministry of Forestry and Fisheries began to implement the green tourism program. Subsequently, a 



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variety of agricultural leisure activities have been launched, so that green tourism agriculture has become a new 
industry in Japan's national economy. At the end of the 1990s, Japan introduced relevant laws and regulations for 
this purpose, and under the support and protection of the law, all kinds of green agricultural activities have been 
carried out one after another, bringing new economic growth points for local governments in Japan. Shu Kimura 
sensitively grasped the relevant national policies and invested in the establishment of the Mokumoku Farm project 
in conjunction with local manufacturers[1]. 

2.2 Demand Insight 

After the 1950s, driven by industrialization, the development of urbanization in Japan entered the fast lane, and 
the population, enterprises, universities and other resources continued to flow to the big cities, forming what is 
widely known as Japan's three major metropolitan areas. Until 2017, Japan's urbanization rate was as high as 
93.02%, ranking the highest in the world, and only the three major metropolitan areas gathered more than 70% of 
Japan's population.With such a high rate of urbanization, more and more city dwellers aspire to an idyllic life in 
the countryside and want to be in close contact with nature, and Mokumoku Farms has seized on this demand 
orientation to establish idyllic farms [2]. 

2.3 Market-Oriented 

Family tourism has always been the mainstay of holiday travel. When leisure agriculture is superimposed on 
parent-child and family tours, “back-to-nature” tourism products are especially popular, and Mokumoku Farm has 
seized this market demand, leading the upgrading of the industry with creativity, and guaranteeing detailed and 
comprehensive services and precise marketing, so that it can personally interact with people without losing the fun 
of the countryside, and realize the transformation and upgrading of the agriculture industry. realizes the 
transformation and upgrading of agriculture[3]. 

2.4 Functional Partition 

Mokumoku Farm has set up four functional zones with different themes according to the characteristics of different 
natural landscapes in the area, which can provide a full range of services for tourists. While most farms in the past 
adopted a continuous layout design, the layout design of this farm does not adopt this form, but rather a point-like 
layout, with one functional area in the center of the project and the remaining functional areas on the outside of 
the core area, forming a tour route that takes into account both directionality and randomness. This layout design 
approach is characterized by certain features, placing the main body of operation in the leisure experience business. 
The operation mode of the farm adopts the form of multi-form business point, which can promote the integration 
of purposeful and random consumption, and also create good conditions for the realization of multiple 
consumption and obtaining greater economic returns. 

In the core experience area, Mokumoku Farm focuses on activities such as handicrafts and animal feeding 
experiences. Visitors can use the farm's own ingredients to make handmade products. In addition to this, the farm 
also offers tours of all the local beer workshops, ham and sausage workshops, and so on, where visitors can watch 
the entire production process. On top of that, there are also venues with different themes and a wealth of activities 
and experience programs, such as the Creative Pavilion with the theme of pigs, barbecued pork, sausages and so 
on. In the recreation area, there is an accommodation area, piggy training park and so on. The design of the houses 
in the accommodation area is very childish, and the overall style is of fairy tale type. The interior decoration of the 
houses is very cute and colorful. Meanwhile, the name of each house and its unique shape are related to the products 
or ecology of the farm. The whole dormitory area emphasizes the friendly relationship between human and nature 
and conveys the concept of ecological protection through the construction of small scenes and the participation of 
children. In the piggy training park, the keepers drive the piggies to the park at a fixed time every day, so visitors 
can have close contact with the piggies, and the keepers will also organize various piggy performances from time 
to time, which is closer to the theme of the farm's harmonious coexistence between human beings and nature. In 
the food area, there are specialty farm restaurants, barbecues, cafes and more. All food ingredients and raw 
materials are obtained from farms or local farmers' homes. In the food zone, city dwellers can taste a variety of 
authentic flavors of the countryside, satisfying people's appetites for rustic and all-natural cuisine. In the 
commercial shopping area, the entrance to the farm has a comprehensive commercial shopping area such as a 
vegetable market and a small farm commodity store. Vegetable market is one of the hot spots in the commercial 
area, which provides fresh fruits and vegetables for the farm restaurants and local restaurants and promotes the 
development of the local economy due to the co-management and operation of the vegetable market by the farmers 
around the farm and the vegetable market. All products in the vegetable market are labeled with the name and 
photo of the grower, so that consumers can fully grasp the cultivation of vegetables[4]. 

 



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2.5 Innovative Models 

The sixth industry is a concept put forward by experts from the University of Tokyo in the 1990s in response to 
the dilemma faced by Japanese agricultural development. “1+2+3” is equal to 6, and “1×2×3” is also equal to 6, 
which is the connotation of the sixth industry, i.e., to realize the integration of the primary, secondary and tertiary 
industries, enhance the added value of agricultural products, and increase the income of farmers by encouraging 
farmers to engage in multiple businesses, not only in crop cultivation, but also in the processing of agricultural and 
sideline products and the sale of diversified services. and tertiary industries, enhancing the added value of 
agricultural products, raising farmers' incomes, and gradually promoting the transformation of the primary industry 
into a comprehensive industry, thus opening up space for the sustainable development of agriculture and the 
countryside. The business model of Mokumoku Farm in the article is to combine planting, processing, sales and 
rural tourism services, constructing a complete industrial chain integrating planting, processing and sales, and 
leisure experience, and is positioned by the Japanese academia as the birthplace of the sixth industrialization in 
Japan[5]. 

3. Development Experiences 

3.1 Industrial Integration 

Mokumoku farm in the “no scenery, no antiquities, no history” of the “three no” conditions, to create a complete 
integration of agriculture, culture and tourism industry chain, out of a differentiated development path. The 
development of field complex project should follow the basic principles of time, place, and person, combine with 
the regional industrial base and natural and human resources endowment, and choose the development path 
suitable for itself. At the same time, we should accurately consider and judge our own “advantage points”, 
‘differences’ with others and the “needs” of the community. Only by “three points in one” can we create 
characteristic brand products, and then realize the “three steps” of production, life and ecology, the “three 
industries” of primary, secondary and tertiary industries, and the “three industries” of agriculture, culture and 
tourism. Agriculture, culture and tourism are “three in one”. 

3.2 Geographic Location 

Although Mokumoku Farm is not strategically located, it is backed by the Osaka metropolitan area, which gives 
it a large locational advantage and market potential. Compared to the micro-level topography and geomorphology, 
the larger geographic location is more important. Many examples of trying to create similar idyllic farms have 
focused too much on topography and geomorphology, often failing to consider the larger location conditions when 
choosing a site, and lacking a clear judgment of the potential market, making it difficult to develop sustainably. 
Along with the reverse urbanization of consumption and the suburbanization of industry, the location and 
development of idyllic complex projects need to focus on playing the role of city clusters and metropolitan areas. 

3.3 Featured Experiences 

Mokumoku Farm features parent-child and family tours, with families with children under the age of 12 as the 
main customer group, emphasizing children's participation and sense of experience, and placing great importance 
on the detailed design of purchasing and experiencing scenarios to create a good and comfortable atmosphere for 
children to experience. While building an idyllic complex, it digs deep into every key node of scenario and leisure 
in agricultural production and manufacturing, fully combines tourists' sightseeing experience with production, 
processing and sales, and creates a series of special projects for tourists' sightseeing, participation and experience, 
so as to realize tourists' immersive consumption. 

3.4 Clarified Management 

The design of Mokumoku Farm includes a nursing room for mothers and babies, a unique product packaging 
design, a variety of activities, and an environmentally friendly philosophy, all of which reflect the farm's 
meticulous management and attention to detail. In addition, the farm also has vending machines, so there are no 
toys or rich nightlife in the city, but only a simple idyllic life, and all of these details reflect Mokumoku Farm's 
“craftsmanship” in striving for excellence. The focus of an idyllic complex is on the multiple-consumption 
customer market, and the operational details fully determine the project's reputation and revisit rate. 

3.5 Cooperation with Farmers 

Mokumoku Farm works with local farmers, using the farm as a gateway to consumption, and to a certain extent, 
this has led to the active participation of local farmers and the promotion of coordinated regional development. 
Mokumoku Farm's themed restaurants and lodgings all have the participation of local farmers, and some of the 
ingredients used in the restaurants come from fruits, vegetables and livestock grown by local farmers, and many 



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of the “farm dishes” are also made by local farmers, while the lodgings are decorated in a style similar to that of 
local farmers' homes. In terms of accommodation, the farm's accommodation is also decorated in a style similar to 
that of local farmers, and many of the lifestyles and habits are based on local folkways and customs. While creating 
an idyllic complex, the interests of local farmers are fully taken into account, and farmers are supported and 
encouraged to participate in the construction and operation of farms in a variety of ways, so that farmers can 
become one of the main bodies of the farms, and industrial co-promotion, brand co-construction, environmental 
co-management, and dividend-sharing are promoted, so as to maximize the promotion of the changes in the way 
of daily life of the farmers, the way of agricultural development, the way of rural governance, as well as the way 
of increasing the farmers' incomes. 

3.6 Sales Transparency 

Compared to other farms, Mokumoku Farm is not so much a themed specialty store as it is a platform for displaying 
healthy and specialty agricultural products. It not only allows visitors who have experienced the farm to purchase 
the products of their choice through its direct sales stores and online store, but also provides opportunities for 
displaying healthy specialty agricultural products in the surrounding area, allowing customers to “see and feel” 
and dispel all kinds of concerns, and at the same time, word-of-mouth publicity through the membership system 
creates a positive effect of “one by one, ten by ten”. At the same time, word-of-mouth publicity of the membership 
system creates a positive effect of “one to ten, ten to a hundred”. 

4. Existing Issues 

Investment in agricultural construction projects in China has improved basic agricultural production and living 
conditions, enhanced the comprehensive production capacity of agriculture and provided strong support for the 
sustainable development of agriculture. However, the current level of management of investment in agricultural 
construction projects in China is not yet able to adapt to the needs of building modern agriculture and realizing 
sustainable agricultural development, or to meet the needs of building a new socialist countryside, and has become 
one of the important factors restricting the effectiveness of investment in agricultural construction projects. 

4.1 Underinvestment 

The importance of agriculture and its special characteristics dictate that the Government must support and protect 
it. The construction of agricultural projects in China, especially the construction of agricultural infrastructure, is 
particularly weak, and the Government invests a large amount of money every year in the construction of 
agricultural facilities, but because of the asymmetry between the amount of money invested in agricultural 
construction projects and the actual needs of agricultural economic development and construction, financial 
investment in agriculture is still insufficient in terms of the total amount of investment, the structure of the 
investment is unreasonable and unstable, and it is difficult to guarantee local matching funds. Especially in the 
relatively poor areas of economic development project investment is insufficient, resulting in a lot of agricultural 
project facilities aging, deterioration of agricultural production conditions, the ability to withstand natural disasters 
decreased, it is difficult to provide sustainable security for agricultural production[6]. 

4.2 Poor Quality 

The construction of agricultural facilities plays a driving and supporting role in agricultural and rural economic 
and social development, and is an important element of new rural construction and rural revitalization strategies. 
At present, the construction of agricultural and rural infrastructure is generally characterized by the lack of a 
relatively sound management system and operating system. This has led to problems such as poor project 
construction quality and low utilization efficiency, making it difficult for the project to play its role. After the 
completion of the project construction on the project's later operation and management work lacks sufficient 
attention, the lack of operation and management measures, lagging behind, resulting in the completion of the 
construction of the project in the use of the process of all kinds of problems, a serious impact on the service life of 
the project, reducing the use of the project's efficiency[7]. 

4.3 Insufficient Investment in Science and Technology 

China's financial investment in agricultural science and technology is one of the important factors to promote the 
development of China's agricultural and rural economy[8]. At present, China's agricultural science and technology 
investment is mainly by the government financial support, although the government financial investment in 
agricultural science and technology is growing, but the growth rate of agricultural science and technology 
investment is less than the growth rate of gross agricultural output value, agricultural science and technology 
investment in general presents the lack of investment, which restricts the enhancement of agricultural science and 
technology innovation capacity and the transformation of agricultural scientific and technological achievements[9]. 



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5. Suggestions 

5.1 Building Long-Term Investment Mechanisms in Agriculture 

The No. 1 document of the Central Government in 2021 pointed out that “by 2025, the modernization of agriculture 
and rural areas will have made important progress, the modernization of agricultural infrastructure will have 
reached a new level, the convenience of rural living facilities will have been initially realized, and the level of 
equalization of basic public services in urban and rural areas will have been significantly improved”[10]. To achieve 
this planning goal, the key lies in the construction of a long-term agricultural capital investment mechanism, from 
the national level to scientifically design the long-term planning of investment in agricultural projects, from the 
grass-roots level to put forward the specific needs of investment in the construction of agricultural projects, to 
carry out a scientific division of labor for the project, to clarify the functions of the central government and the 
local authorities, and to implement a scientific and transparent project management process. At present, some rural 
areas are relatively economically backward, and in the light of local conditions, the State's financial expenditure 
policy should be adjusted according to local conditions, and county and sub-county support should be gradually 
reduced or eliminated. Strengthening the management of agricultural inputs, improving the corresponding fund 
supervision and management mechanisms, ensuring the effective operation of agricultural project construction, 
improving the efficiency of agricultural and rural project construction and enhancing the effectiveness of fund 
utilization. 

5.2 Strengthening Quality Management and Improving Efficiency 

Agricultural project construction investment is a large-scale agricultural infrastructure projects, should establish 
an effective coordination mechanism and sound organizational leadership system, improve the project 
management process and management system, improve the supervision system of agricultural project investment, 
to promote the healthy and orderly operation of agricultural projects in the project design, construction, facilities 
management and other phases, to improve the quality of the completion of the agricultural capital projects, and to 
improve the investment efficiency and effectiveness of the agricultural project construction. investment efficiency 
and effectiveness[11]. 

5.3 Strengthening the Science and Technology Service System 

With the deepening of agricultural modernization, China's agricultural development is facing the problem of 
agricultural science and technology innovation more prominent, the way out of agriculture in the modernization, 
agricultural modernization is the key to scientific and technological progress. We must pay more attention to and 
rely on the progress of agricultural science and technology than ever before, and take the road of connotative 
development[12]. The basic, public welfare and long-term nature of agricultural science and technology determines 
that governments at all levels should assume the responsibility of being the main investor. Therefore, governments 
at all levels should strengthen their investment in agricultural science and technology, ensure that the growth rate 
of financial investment in agricultural research is not lower than the growth rate of financial expenditures in the 
same period, focus on supporting public welfare agricultural research institutes and colleges and universities to 
carry out basic, cutting-edge research, promote agricultural science and technology innovation activities, focus on 
strengthening scientific and technological innovation and popularization, strengthen the construction of the 
agricultural science and technology service system, and accelerate the promotion of agricultural science and 
technology research and development and application. popularization and application. 

6. Conclusion 

In 2017, the central document No. 1 for the first time put forward the concept of field and garden complex, support 
the construction of rural villages with conditions to farmers' professional cooperatives as the main carrier, so that 
farmers can fully participate in and benefit from the set of recycling agriculture, creative agriculture, agricultural 
experience and the topic of the field and garden complex, through the comprehensive development of agriculture, 
comprehensive reform of rural areas, transfer payments and other channels, to carry out the pilot specification. 
“Agriculture + culture and tourism + community” this new type of complex development, has become an important 
way to promote the development of rural industry. 

Projects such as the Mokumoku Farm can not only promote the development of the local agricultural industry and 
the employment of farmers, but also effectively promote the integration of local industries, forming a sixth industry 
in the form of an idyllic complex. The government and investors should give strong support to such projects, so 
that urban residents can really experience the idyllic life and enjoy the pleasure of family tourism, optimize the 
structure of the agricultural industry, ease the employment of rural laborers, and promote the income of farmers in 
the process of cultural and tourism integration. Based on customer demand, actively update the way of business 



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philosophy to meet the customer's personalized service needs. Whether it is from the perspective of urban tourism 
development, or the structural adjustment of the agricultural industry and rural revitalization, have a very positive 
role for China's rural revitalization, integration of the three industries, the structural adjustment of agricultural 
products have valuable experience can be learned. Agricultural project investment is exactly what needs to be 
invested into the project, so that the limited funds invested in useful projects, so that useful projects to drive the 
revitalization of China's agriculture, and then lay a solid foundation for the cause of rural revitalization in China. 

References 

[1] Chulkova, G. V., Semchenkova, S. V., & Zarankina, O. M. (2019). Agricultural investment opportunities 
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[4] Zhang, H., Fang, F., Zhu, W., et al. (2020). Coordination relationship between tourism development 
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[5] Liu, J. (2021). The impact of rural financial development on farmers’ income growth—Taking Anhui 
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[6] Jin, S. (2021). Vigorously implementing rural construction actions, accelerating modernization of agriculture 
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[7] Huang, X., & Cai, L. (2023). Nutrition-oriented agricultural investment planning and project management. 
Agricultural Resources and Zoning in China, 44(5), 225+237. 

[8] Bao, K. (2022). Analysis of investment management problems of agricultural capital projects. Agricultural 
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[9] Zheng, X., & Wang, F. (2021). A case study on the performance efficiency of incomplete contracts—Based 
on the practical logic of agricultural circular economy program. Agricultural Economic Issues, (10), 64–77. 

[10] Wu, Y., Chen, C., Wu, H., et al. (2019). Research on performance evaluation and budget allocation of public 
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[11] Zhao, J., Guo, H., & Cheng, G. (2018). Research on the investment efficiency of China’s comprehensive 
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Copyrights 

Copyright for this article is retained by the author(s), with first publication rights granted to the journal. 

This is an open-access article distributed under the terms and conditions of the Creative Commons Attribution 
license (http://creativecommons.org/licenses/by/4.0/). 

 
















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    /HRV (Za stvaranje Adobe PDF dokumenata najpogodnijih za visokokvalitetni ispis prije tiskanja koristite ove postavke.  Stvoreni PDF dokumenti mogu se otvoriti Acrobat i Adobe Reader 5.0 i kasnijim verzijama.)
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    /NLD (Gebruik deze instellingen om Adobe PDF-documenten te maken die zijn geoptimaliseerd voor prepress-afdrukken van hoge kwaliteit. De gemaakte PDF-documenten kunnen worden geopend met Acrobat en Adobe Reader 5.0 en hoger.)
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    /ENU (Use these settings to create Adobe PDF documents best suited for high-quality prepress printing.  Created PDF documents can be opened with Acrobat and Adobe Reader 5.0 and later.)
  >>
  /Namespace [
    (Adobe)
    (Common)
    (1.0)
  ]
  /OtherNamespaces [
    <<
      /AsReaderSpreads false
      /CropImagesToFrames true
      /ErrorControl /WarnAndContinue
      /FlattenerIgnoreSpreadOverrides false
      /IncludeGuidesGrids false
      /IncludeNonPrinting false
      /IncludeSlug false
      /Namespace [
        (Adobe)
        (InDesign)
        (4.0)
      ]
      /OmitPlacedBitmaps false
      /OmitPlacedEPS false
      /OmitPlacedPDF false
      /SimulateOverprint /Legacy
    >>
    <<
      /AddBleedMarks false
      /AddColorBars false
      /AddCropMarks false
      /AddPageInfo false
      /AddRegMarks false
      /ConvertColors /ConvertToCMYK
      /DestinationProfileName ()
      /DestinationProfileSelector /DocumentCMYK
      /Downsample16BitImages true
      /FlattenerPreset <<
        /PresetSelector /MediumResolution
      >>
      /FormElements false
      /GenerateStructure false
      /IncludeBookmarks false
      /IncludeHyperlinks false
      /IncludeInteractive false
      /IncludeLayers false
      /IncludeProfiles false
      /MultimediaHandling /UseObjectSettings
      /Namespace [
        (Adobe)
        (CreativeSuite)
        (2.0)
      ]
      /PDFXOutputIntentProfileSelector /DocumentCMYK
      /PreserveEditing true
      /UntaggedCMYKHandling /LeaveUntagged
      /UntaggedRGBHandling /UseDocumentProfile
      /UseDocumentBleed false
    >>
  ]
>> setdistillerparams
<<
  /HWResolution [2400 2400]
  /PageSize [612.000 792.000]
>> setpagedevice

