Creating customer value with differentiated feed and changing from a feed compounder to a processor
First written in FY2016. 19 of 33 entries say "Restated". Latest entry: 2026-10-02.
No other company in this theme has enough history to compare yet.
- 2026-10-02Raisedwww.nikkei.com
「The company aims to increase its domestic share of livestock feed to approximately 25%, double the current level, by improving product quality.」
A more specific and ambitious growth target was reported: increasing the domestic share of livestock feed to approximately 25%, double the current level. - FY2026AdvancedAnnual report
「The livestock-feed business posted higher profit despite increases in personnel expenses, repair and consumables expenses, freight costs and contributions to the feed price stabilization fund, owing mainly to increased sales volumes of poultry and swine feed and margin improvement from a better raw-material position. The marine-feed business also posted higher profit, owing mainly to higher sales volumes year on year, margin improvement from lower raw-material prices and products launched after reviewing their formulation designs, and higher marine-product prices.」
Concrete results included higher sales volumes of poultry and swine feed, increased marine-feed sales volumes, the launch of products with revised formulation designs, and margin improvement from a better raw-material position. - FY2026-H1AdvancedAnnual report
「The livestock-feed business posted higher profit despite increases in repair and consumables expenses and contributions to the feed price stabilization fund, owing mainly to increased sales volumes of broiler and swine feed and margin improvement from a better raw-material position. The marine-feed business also posted higher profit despite lower sales volumes year on year, owing mainly to margin improvement from lower raw-material prices and products formulated with optimized ingredient ratios, as well as higher marine-product prices.」
The company reports that increased sales volumes of broiler and swine feed, an improved raw-material position and the launch of products with optimized ingredient ratios contributed to higher profit. - FY2025AdvancedAnnual report
「Livestock feed posted lower profit despite margin improvement from a better raw-material position and a higher ratio of differentiated feed, due mainly to increased contributions to the feed price stabilization fund. Marine feed posted higher profit despite lower sales volumes, owing mainly to margin improvement from expanded sales of environmentally friendly feed, price increases and the launch of new products.」
The higher differentiated-feed ratio contributed to margin improvement in livestock feed, while expanded sales of environmentally friendly feed and new-product launches contributed to higher margins and profit in marine feed. - FY2025-H1AdvancedAnnual report
「Livestock feed posted higher profit despite increases in contributions to the feed price stabilization fund, personnel expenses and other costs, owing mainly to margin improvement from a better raw-material position and a higher ratio of differentiated feed.」
The higher differentiated-feed ratio contributed to margin improvement and higher profit, demonstrating concrete progress in the company's existing policy of expanding differentiated-feed sales. - FY2022RestatedAnnual report
「On 20 May 2021, we decided to terminate the capital alliance and change the terms of the business alliance with ITOCHU Corporation and ITOCHU Feed Co., Ltd. However, our policy of maintaining an independent course remains unchanged, and we will continue to execute our growth strategy of developing and manufacturing distinctive feed as a feed-processing manufacturer that supports domestic production of high-quality livestock and marine products demanded by consumers.」
The company reaffirmed its policy of promoting the development and manufacture of distinctive feed as an independent feed-processing manufacturer, even after terminating the capital alliance. - FY2022-Q3RestatedAnnual report
「Against this backdrop, we worked to improve performance by expanding market share in growth markets, implementing a livestock-type-based sales strategy involving advanced proposals, and selling differentiated feed that contributes to customer profits. We also terminated the capital alliance and changed the business alliance with ITOCHU Corporation and ITOCHU Feed Co., Ltd., and in August separated 3 of the 4 plants owned by Mirai Feed Co., Ltd., a jointly funded company of the Company and ITOCHU Feed, through a company split. The reason for changing the alliance was to maximize the benefits of our vertically integrated production system, which offers speed, to serve customers and pursue further growth.」
The company continues its market-share expansion, livestock-type-based sales strategy, advanced proposals and differentiated-feed sales. The change to its capital and business alliances is explained as part of a growth policy aimed at maximizing the benefits of its vertically integrated production system. - FY2022-Q2RestatedAnnual report
「Against this backdrop, we worked to improve performance by expanding market share in growth markets, implementing a livestock-type-based sales strategy involving advanced proposals, and selling differentiated feed that contributes to customer profits.」
The company continues to improve performance through market-share expansion in growth markets, livestock-type-based sales strategies, advanced proposals and differentiated-feed sales. - FY2022-Q1RestatedAnnual report
「Against this backdrop, we worked to improve performance by expanding market share in growth markets, implementing a livestock-type-based sales strategy involving advanced proposals, and selling differentiated feed that contributes to customer profits.」
The company continues to implement its existing action plans of expanding market share in growth markets, pursuing livestock-type-based sales strategies, providing advanced proposals and selling differentiated feed. No new numerical targets or deadlines have been disclosed. - FY2021RaisedAnnual report
「In our core feed business, we are pursuing the following 4 action plans.」
The company has translated its existing policy of differentiated feed and customer value creation into 4 action plans: regional sales, sales by livestock type, increasing the differentiated-feed ratio, and expanding marine-feed sales, thereby broadening the scope of its strategy. - FY2021-Q3RestatedAnnual report
「Against this backdrop, to minimize the impact of COVID-19 on our business, we implemented measures including telework and rotational work schedules. While sales activities were restricted, we used the web and other tools efficiently to expand sales of differentiated feed that contributes to customer profits and conduct proposal-based sales by identifying and resolving issues together with customers, thereby working to improve performance. In addition, the Kushiro Plant, which began operations in November of the previous fiscal year, steadily increased production volumes and contributed to expanded feed sales.」
The company continues telework, rotational work schedules, web-based sales activities, differentiated-feed sales, proposal-based sales and increased production volumes at the Kushiro Plant. The explanation of the Kushiro Plant's contribution since it began operations remains unchanged from previous quarters. - FY2021-Q2RestatedAnnual report
「Against this backdrop, to minimize the impact of COVID-19 on our business, we implemented measures including telework and rotational work schedules. While sales activities were restricted, we used the web and other tools efficiently to expand sales of differentiated feed that contributes to customer profits and conduct proposal-based sales by identifying and resolving issues together with customers, thereby working to improve performance. In addition, the Kushiro Plant, which began operations in November of the previous fiscal year, steadily increased production volumes and contributed to expanded feed sales.」
The company continues telework, rotational work schedules, web-based sales activities, differentiated-feed sales, problem-solving proposal-based sales and increased production volumes at the Kushiro Plant. No new milestone has been disclosed since the previous quarter. - FY2021-Q1AdvancedAnnual report
「Against this backdrop, to minimize the impact of COVID-19 on our business, we implemented measures including telework and rotational work schedules. While sales activities were restricted, we used the web and other tools efficiently to expand sales of differentiated feed that contributes to customer profits and conduct proposal-based sales by identifying and resolving issues together with customers, thereby working to improve performance. In addition, the Kushiro Plant, which began operations in November of the previous fiscal year, steadily increased production volumes and contributed to expanded feed sales.」
While continuing to expand differentiated-feed sales and conduct problem-solving proposal-based sales, the company added web-based sales activities. The Kushiro Plant increased production volumes and contributed to expanded feed sales. - FY2020-Q3RestatedAnnual report
「Against this backdrop, we worked to improve performance through measures including expanding sales of differentiated feed that contributes to customer profits, strengthening proposal-based sales by identifying and resolving issues together with customers, and continuing productivity-improvement initiatives.」
The company continues its differentiated-feed sales, problem-solving proposal-based sales and productivity-improvement initiatives. Margin improvement from differentiated feed is cited as a factor behind higher feed-segment profit, but no new planning milestone has been disclosed. - FY2020-Q2AdvancedAnnual report
「Against this backdrop, we worked to improve performance through measures including expanding sales of differentiated feed that contributes to customer profits, strengthening proposal-based sales by identifying and resolving issues together with customers, and continuing productivity-improvement initiatives. Segment profit increased 6.5% year on year to ¥2,701 million, despite lower sales volumes, due mainly to lower selling, general and administrative expenses and margin improvement from differentiated feed.」
The company continues to expand differentiated-feed sales and proposal-based sales. Feed-segment profit increased 6.5% year on year despite lower sales volumes, supported in part by margin improvement from differentiated feed. - FY2020-Q1RestatedAnnual report
「Against this backdrop, we worked to improve performance through measures including expanding sales of differentiated feed that contributes to customer profits, strengthening proposal-based sales by identifying and resolving issues together with customers, and continuing productivity-improvement initiatives.」
The company continues its policy of improving performance through expanded differentiated-feed sales, problem-solving proposal-based sales, and productivity-improvement initiatives. No new numerical targets, deadlines or achievement milestones have been disclosed. - FY2019RestatedAnnual report
「To contribute to the creation of customer value, we will further strengthen our initiatives with customers and promote the development and manufacture of new products and differentiated feed to an even greater extent.」
The company continues to pursue customer value creation, stronger customer initiatives, and the development and manufacture of new products and differentiated feed. Its performance analysis also identifies margin improvement from differentiated feed as a contributing factor. - FY2019-Q3RestatedAnnual report
「Against this backdrop, we worked to improve performance through measures including expanding sales of differentiated feed that contributes to customer profits, strengthening problem-solving proposal-based sales, promoting the capital and business alliances with the Nippon Ham Group and the ITOCHU Corporation Group, and continuing productivity-improvement initiatives.」
The company continues its policy of improving performance through expanded differentiated-feed sales, problem-solving proposal-based sales, capital and business alliances, and productivity-improvement initiatives. - FY2019-Q2RestatedAnnual report
「Against this backdrop, we worked to improve performance through measures including expanding sales of differentiated feed that contributes to customer profits, strengthening problem-solving proposal-based sales, promoting the capital and business alliances with the Nippon Ham Group and the ITOCHU Corporation Group, and continuing productivity-improvement initiatives.」
The company continues its policy of improving performance through expanded differentiated-feed sales, problem-solving proposal-based sales, capital and business alliances, and productivity-improvement initiatives. - FY2019-Q1RestatedAnnual report
「Against this backdrop, we worked to improve performance through measures including expanding sales of differentiated feed that contributes to customer profits, strengthening problem-solving proposal-based sales, promoting the capital and business alliances with the Nippon Ham Group and the ITOCHU Corporation Group, and continuing productivity-improvement initiatives.」
The company explicitly identifies strengthening problem-solving proposal-based sales while continuing to expand sales of differentiated feed. No new numerical targets, deadlines or identifiable achievement milestones have been disclosed. - FY2018RestatedAnnual report
「To contribute to the creation of customer value, we will further strengthen our initiatives with customers and promote the development and manufacture of new products and differentiated feed to an even greater extent.」
The company continues its policy of strengthening initiatives with customers and advancing the development and manufacture of new products and differentiated feed. - FY2018-Q3RestatedAnnual report
「Against this backdrop, we worked to increase sales by expanding sales of differentiated feed that contributes to customer profits and leveraging the capital and business alliances with the Nippon Ham Group and the ITOCHU Corporation Group.」
The company continues to expand sales of differentiated feed that contributes to customer profits and increase sales by leveraging its capital and business alliances. No new numerical targets, deadlines or product-development milestones have been disclosed. - FY2018-Q2RestatedAnnual report
「Against this backdrop, we worked to increase sales by expanding sales of differentiated feed that contributes to customer profits and leveraging the capital and business alliances with the Nippon Ham Group and the ITOCHU Corporation Group.」
The company continues to expand sales of differentiated feed that contributes to customer profits. No new numerical targets, deadlines or product-development milestones have been disclosed. - FY2018-Q1RestatedAnnual report
「Against this backdrop, we worked to increase sales by expanding sales of differentiated feed that contributes to customer profits and leveraging the capital and business alliances with the Nippon Ham Group and the ITOCHU Corporation Group.」
The company continues to expand sales of differentiated feed that contributes to customer profits. No new numerical targets, deadlines or identifiable product-development milestones have been disclosed. - FY2017RestatedAnnual report
「To create customer value, we will further strengthen our initiatives with customers and promote the development, manufacture and sale of new products and differentiated feed to an even greater extent.」
The company continues its policy of strengthening initiatives with customers and promoting the development, manufacture and sale of differentiated feed. - FY2017-Q3RestatedAnnual report
「Segment profit increased 30.4% year on year to ¥2,805 million, reflecting growth in the marine-feed business from feed that produces tasty fish without a fishy odor, as well as expanded livestock-feed sales.」
The company continues to expand sales of differentiated feed and explains the increase in segment profit through growth in marine feed and expanded livestock-feed sales. No new named planning milestone has been identified since the previous quarter. - FY2017-Q2AdvancedAnnual report
「Segment profit increased 8.8% year on year to ¥1,540 million, as growth in sales of marine and livestock feed, including marine feed made with low-fishmeal products that received high praise, offset a substantial deterioration in the raw-material position.」
Low-fishmeal feed received high praise and drove business growth. Together with expanded livestock-feed sales, this contributed to higher feed-segment profit, demonstrating concrete progress in differentiated feed. - FY2017-Q1RestatedAnnual report
「Against this backdrop, we worked to increase sales by expanding sales of differentiated feed that contributes to customer profits and leveraging the capital and business alliances entered into in the previous fiscal year with the Nippon Ham Group and the ITOCHU Corporation Group.」
The company continues to expand sales of differentiated feed that contributes to customer profits. No specific numerical targets or deadlines have been provided. - FY2016First statedAnnual report
「Against this backdrop, we will create customer value by leveraging the advantages of our vertically integrated production facilities and our advanced manufacturing technologies to promote the development and manufacture of differentiated feed, changing from a compound-feed manufacturer to a processed-feed manufacturer.」
The company has set out to create customer value and transform its business model by expanding sales of differentiated feed, strengthening integrated sales and production proposals, and improving profit margins.