Transition to a Global Food Company

「By elevating the “gifts of rice” into the values of “deliciousness,” “health,” and “inspiration,” we express our commitment to contributing to our customers’ healthy lifestyles through our purpose, “Better For You.” As our vision, we have set out the realization of a “Rice Innovation Company” that maximizes the potential of rice and creates new value and markets worldwide.」

「Going forward, we will accelerate growth by actively leveraging partnerships in Japan and overseas, using the technologies and expertise we have accumulated as strengths, and aim to transform into an asset-light, high-margin business model. We will establish the Group’s earnings foundation during fiscal 2026 and then pursue further business expansion on that robust foundation, working steadily toward sustainable growth and enhanced corporate value.」

「In fiscal 2025, our basic policies for realizing the vision are “Strengthening the Business Foundation Thoroughly” and “Advancing Full-Scale Global Expansion.” In the domestic rice cracker business, we are working to strengthen cash-generation capacity by communicating our distinctive value, while in the overseas business we are rebuilding our North American strategy centered on making TH FOODS, INC. a wholly owned subsidiary. In the food business, we are implementing various initiatives to drive growth in the Seeds business.」

「Against this backdrop, the Group is working to execute the “Long-Term Growth Strategy 2030.” We have positioned “Better For You”—refining the benefits of rice into the values of taste, health and inspiration and contributing to customers’ healthy lifestyles—as our purpose, and aim to achieve sustainable growth and enhance corporate value by realizing our vision of a “Rice Innovation Company” that maximizes the potential of rice and creates new value and new markets worldwide.」

「Against this backdrop, the Group is working to execute the “Long-Term Growth Strategy 2030.” We have positioned “Better For You”—refining the benefits of rice into the values of taste, health and inspiration and contributing to customers’ healthy lifestyles—as our purpose, and aim to achieve sustainable growth and enhance corporate value by realizing our vision of a “Rice Innovation Company” that maximizes the potential of rice and creates new value and new markets worldwide.」

「Against this backdrop, the Group is working to execute the “Long-Term Growth Strategy 2030,” which was rebuilt in light of changes in the business environment. We have positioned “Better For You”—refining the benefits of rice into the values of taste, health and inspiration and contributing to customers’ healthy lifestyles—as our purpose, and aim to achieve sustainable growth and enhance corporate value by realizing our vision of a “Rice Innovation Company” that maximizes the potential of rice and creates new value and new markets for society.」

「Against this backdrop, the Group reviewed its medium- to long-term management plan in light of changes in the business environment and announced a new “Long-Term Growth Strategy 2030.” Our purpose is to contribute to customers’ healthy lifestyles as a Better For You company by refining the benefits of rice into the values of taste, health and inspiration. We are pursuing sustainable growth and enhanced corporate value through the realization of a “Rice Innovation Company” that maximizes the potential of rice and creates new value and new markets for society.」

「For some time, the Group has been providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「The Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business. By using plant-based ingredients and a wide range of texture and flavoring technologies, we will deliver delicious and enjoyable food to people around the world while addressing social issues in consideration of our customers’ smiles, health and the global environment.」

「Under its medium-term management plan, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「Under its medium-term management plan, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「Under its medium-term management plan, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「Against this backdrop, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, under its medium-term management plan. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「The Group is pursuing sustainable growth through the realization of its long-term vision, “Global Food Company,” and is working to execute the medium-term management plan “Changing gears 2023” through fiscal 2023.」

「Against this backdrop, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「Under these economic conditions, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the long-term vision “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「Under these economic conditions, the Group is providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, in light of changes in the environment surrounding the food industry. Through the realization of the “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business.」

「As the medium-term management plan enters its second half, we have reached the stage of making course corrections to reflect changes in the strategies and initiatives implemented to date. However, there is no wavering in our desired future state or in the strategic direction for achieving it. We intend to establish a firm foundation based on three pillars—our domestic rice cracker business, overseas business and food business—and pursue realization of our vision as a distinctive global company.」

「During the medium-term management plan period through fiscal 2023, our three strategic pillars are “Expanding the Business Domains,” centered on our overseas and domestic food businesses; “Transforming the Cost and Earnings Structure,” centered on brand consolidation, portfolio strengthening and manufacturing cost improvements in the domestic rice cracker business; and “Strengthening the Management Platform,” which supports these initiatives. By fiscal 2030, we aim to evolve from a confectionery business focused on arare and senbei rice crackers into a Better For You food business. We are implementing structural reforms from a long-term perspective through fiscal 2023 and accelerating our efforts to achieve sustainable growth and enhance corporate value.」

「Against this backdrop, the Group is responding to changes in the environment surrounding the food industry by providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body. Through the realization of the “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value.」

「Under these economic conditions, the Group is responding to changes in the environment surrounding the food industry by providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body. Through the realization of the “Global Food Company,” we are pursuing sustainable growth and enhanced corporate value.」

「Against this backdrop, the Group announced a new medium-term management plan beginning in fiscal 2018. In light of changes in the environment surrounding the food industry, we are pursuing the realization of the “Global Food Company” by providing customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body.」

「Against this backdrop, we announced a new medium-term management plan beginning in fiscal 2018. Taking into account changes in the environment surrounding the food industry, we will pursue the realization of a “Global Food Company” by delivering customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body.」

「Against this backdrop, we announced a new medium-term management plan beginning in fiscal 2018. Taking into account changes in the environment surrounding the food industry, we will pursue the realization of a “Global Food Company” by delivering customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body.」

「Under the new medium-term management plan beginning in fiscal 2018, we will pursue the realization of a “Global Food Company” by delivering customer value from the perspective of “Better For You,” which represents our contribution to a healthy lifestyle in which people choose, eat and enjoy food that is delicious and good for the body, taking into account changes in the environment surrounding food companies.」

「Against this backdrop, we are pursuing the realization of the “Global Food Company,” which we have identified as the company we should become under our medium-term management plan. We have established three strategic pillars: “accelerating growth,” centered on our overseas and new businesses; “structural reform,” including the consolidation of brands in the domestic rice cracker business and cost improvements; and “strengthening the management platform,” which supports these initiatives. We are working to further strengthen our brands and enhance corporate value.」

「Against this backdrop, we are pursuing the realization of the “Global Food Company,” which we have identified as the company we should become under our medium-term management plan. We have established three strategic pillars: “accelerating growth,” centered on our overseas and new businesses; “structural reform,” including the consolidation of brands in the domestic rice cracker business and cost improvements; and “strengthening the management platform,” which supports these initiatives. We are working to further strengthen our brands and enhance corporate value.」

「Against this backdrop, the Group is working to realize the “Global Food Company” identified as the desired future state in its medium-term management plan. Its three strategic pillars are “Accelerating Growth,” centered on overseas and new businesses, “Structural Reform,” including the consolidation of brands and cost improvements in the domestic rice cracker business, and “Strengthening the Management Platform,” which supports these initiatives. The Group is working to further strengthen its brands and enhance corporate value. In fiscal 2017, the final year of the medium-term management plan, the Group revised the plan’s forecasts, prioritizing profitability in light of changes in the business environment, including intensifying competition in Japan and delays in reforming its consolidated U.S. subsidiary. However, the direction pursued by the Group itself remains unchanged, and it will continue to pursue sustainable growth.」

「The medium-term management plan covering the three-year period beginning in fiscal 2015, which the Group designated as an important period for building the foundations for realizing the “Global Food Company,” will reach its final year in fiscal 2017. In light of changes in the business environment, including slowing growth in Japan’s rice cracker market and delays in structural reform at a consolidated U.S. subsidiary, the Group will prioritize securing profitability in fiscal 2017 and revise the medium-term management plan’s forecasts. However, the direction of the plan itself remains unchanged, and the Group will continue to pursue sustainable growth.」

「Against this backdrop, the Group has designated the three-year period beginning in fiscal 2015 as an important period for firmly establishing the path toward realizing the “Global Food Company” set out in the vision of its medium-term management plan. With “Accelerating Growth,” centered on overseas and new businesses, “Structural Reform,” including the consolidation of brands and cost improvements in the domestic rice cracker business, and “Strengthening the Management Platform,” which supports these initiatives, as the three pillars of its strategy, the Group is working to further strengthen its brands and enhance corporate value.」

「Against this backdrop, the Group has designated the three-year period beginning in fiscal 2015 as an important period for firmly establishing the path toward realizing the “Global Food Company” set out in the vision of its medium-term management plan. With “Accelerating Growth,” centered on overseas and new businesses, “Structural Reform,” including the consolidation of brands and cost improvements in the rice cracker business, and “Strengthening the Management Platform,” which supports these initiatives, as the three pillars of its strategy, the Group is working to further strengthen its brands and enhance corporate value.」

「The Group has designated the three-year period beginning in fiscal 2015 as an important period for firmly establishing the path toward realizing the “Global Food Company” set out in the vision of its medium-term management plan. With “Accelerating Growth,” centered on overseas and new businesses, “Structural Reform,” including the consolidation of brands and cost improvements in the rice cracker business, and “Strengthening the Management Platform,” which supports these initiatives, as the three pillars of its strategy, the Group is working to further strengthen its brands and enhance corporate value.」

「The Group has designated the three-year period beginning in fiscal 2015 as an important period for firmly establishing the path toward realizing the “Global Food Company” set out in the vision of its medium-term management plan.」