Establishing the Fresh Milk Business as a Core Profit Driver and Building a Growth Model for the Nutrition, Feed, and Seed Businesses
First written in FY2017. 16 of 31 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-08-07.
Megmilk Snow Brand moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Cited as achieved".
- 2026-08-07Cited as achievedEarnings presentation
「Expanding our presence in white beverages (5) 188 195 6 103.7 376 563 735 817 81 111.0 1,000 264 135.9」
For white beverages, the company cited first-quarter sales of ¥19.5 billion, a full-year forecast of ¥81.7 billion and a FY2030 KPI of ¥100.0 billion as actual and forecast figures. - FY2026AdvancedAnnual report
「From April 2026, the best-before period for milk and milk beverages was extended from the current 15 days to 18 days.」
The company is translating its initiative to expand its presence in white dairy beverages into reducing food loss and ensuring stable supply through longer best-before periods, as well as nationwide rollout of 750ml products. - FY2025AdvancedAnnual report
「Under the second pillar, “transforming the structure to enhance the industrial value of milk,” the company identifies “thorough expansion of cheese” and “expanding its presence in white dairy beverages” as strategic priorities.」
The policy of making the Municipal Dairy Business a core earnings driver and expanding cheese has been translated into the strategic priorities of Next Design 2030: “thorough expansion of cheese” and “expanding its presence in white dairy beverages.” - FY2025-H1AdvancedAnnual report
「Revenue was ¥26,072 million, down 3.7% year on year, while operating profit was ¥812 million, up 6.7%. Although revenue declined, profit increased as a result of cost-reduction initiatives and other factors.」
Although the Feed and Seed Business reported lower revenue, operating profit increased 6.7% year on year as a result of cost-reduction initiatives, representing progress in profit performance. - FY2024AdvancedAnnual report
「In particular, the company identifies expanding cheese, which has significant room for growth, and growing the Municipal Dairy Business through expansion of white dairy products, the foundation of the dairy industry, as important strategic priorities.」
The company has translated its business-portfolio growth measures into specific initiatives focused on cheese expansion and Municipal Dairy growth through expansion of white dairy products, with cheese growing substantially over the full year following the launch of a new production line. - FY2024-Q3AdvancedAnnual report
「Revenue was ¥39,353 million, down 4.2% year on year, while operating profit was ¥485 million, up 33.6%. Although revenue declined, profit increased as a result of cost-reduction initiatives and other factors.」
Although the Feed and Seed Business reported lower revenue due to a decline in sales volume, operating profit increased 33.6% year on year as a result of cost-reduction initiatives. - FY2024-Q2WorsenedAnnual report
「Revenue was ¥27,072 million, down 1.6% year on year, while operating profit was ¥761 million, down 8.1%. Although the selling price per unit of compound feed increased, sales volume declined due mainly to lower demand for dairy-cow feed resulting from efforts to curb raw-milk production, causing the segment as a whole to fall below the previous year.」
Although the Feed and Seed Business benefited from higher selling prices per unit of compound feed, revenue fell 1.6% and operating profit fell 8.1% due to lower feed demand and sales volume resulting from efforts to curb raw-milk production. - FY2024-Q1AdvancedAnnual report
「Revenue was ¥14,166 million, up 2.3% year on year, while operating profit was ¥534 million, up 26.5%.」
The Feed and Seed Business reported higher revenue due mainly to higher compound-feed selling prices, while operating profit increased 26.5% year on year as a result of higher gross profit and lower expenses. The company disclosed quantitative progress in improving its growth model and earnings base. - FY2023ReframedAnnual report
「Under the second initiative, expanding volumes by leveraging the existing platform, the company aims to maximize the production capacity of the Isofunai Plant and Ami Plant butter-production facilities, the Taiki Plant natural-cheese production facilities, fermentation dairy and dessert production facilities, and the feed-production facilities of Hokuren Kumiai and Yukijirushi Feed Co., Ltd., where capital investment has been carried out to date. In particular, expanding cheese, which has significant room for growth, and growing the Municipal Dairy Business through expansion of white dairy products, the foundation of the dairy industry, will be important strategic priorities.」
The company has reorganized its growth model for making the Municipal Dairy Business a core earnings driver and growing the Feed and Seed Business around the full utilization of production capacity, cheese expansion and Municipal Dairy growth through expansion of white dairy products. - FY2023-Q3WorsenedAnnual report
「Revenue was ¥41,082 million, up 13.5% year on year, while operating profit was ¥363 million, down 67.2%. Operating profit declined due mainly to lower gross profit resulting from higher raw-material costs.」
Although the Feed and Seed Business reported higher revenue due to higher selling prices and other factors, the decline in operating profit widened to 67.2% year on year, with lower gross profit resulting from higher raw-material costs being a factor behind the decline. - FY2023-Q2WorsenedAnnual report
「Revenue was ¥27,524 million, up 11.3% year on year, while operating profit was ¥828 million, down 43.3%. Operating profit declined due mainly to lower gross profit resulting from higher raw-material costs.」
Although the Feed and Seed Business reported higher revenue due to higher compound-feed selling prices and other factors, operating profit fell 43.3% year on year due to lower gross profit resulting from higher raw-material costs. - FY2023-Q1WorsenedAnnual report
「Revenue was ¥13,853 million, up 10.7% year on year, while operating profit was ¥422 million, down 49.9%.」
Although the Feed and Seed Business reported higher revenue due to higher compound-feed selling prices and other factors, operating profit fell 49.9% year on year due mainly to lower gross profit resulting from higher raw-material costs. - FY2022-Q3WorsenedAnnual report
「The segment as a whole exceeded the previous year due mainly to higher compound-feed selling prices and other factors. Operating profit declined as a result of higher expenses and other factors.」
Although the Feed and Seed Business exceeded the previous year in revenue as a result of higher selling prices, operating profit fell 1.6% year on year due to higher expenses, indicating deteriorating profit performance. - FY2022-Q2AdvancedAnnual report
「Revenue was ¥24,741 million, with no year-on-year comparison, while operating profit was ¥1,460 million, up 17.8%. Revenue for the segment as a whole exceeded the previous year due mainly to higher compound-feed selling prices and other factors. Operating profit increased as a result of higher gross profit and other factors.」
Operating profit in the Feed and Seed Business increased 17.8% year on year against a backdrop of higher compound-feed selling prices and increased gross profit. - FY2022-Q1AdvancedAnnual report
「Revenue was ¥12,514 million, with no year-on-year comparison, while operating profit was ¥843 million, up 18.0%. Revenue for the segment as a whole exceeded the previous year due mainly to higher compound-feed selling prices and other factors. Operating profit increased as a result of higher gross profit and other factors.」
Operating profit in the Feed and Seed Business increased 18.0% year on year, demonstrating improved profit performance against a backdrop of higher compound-feed selling prices and increased gross profit. - FY2021AdvancedAnnual report
「Revenue was ¥43,349 million, down 0.8% year on year, while operating profit was ¥1,123 million, up 8.4%.」
Although the Feed and Seed Business reported lower revenue, operating profit increased 8.4% as a result of lower fixed costs and other factors. The company is advancing the launch of new seed products and an efficient, high-quality feed supply system. In the Municipal Dairy and Nutrition businesses, it is also implementing specific measures involving functional yogurt, MBP and the e-commerce business. - FY2021-Q3AdvancedAnnual report
「Revenue was ¥32,911 million, down 2.4% year on year, while operating profit was ¥1,125 million, up 2.7%. Revenue declined for the segment as a whole due mainly to lower sales volumes of grass and forage-crop seeds and feed. Operating profit increased as a result of lower fixed costs and other factors.」
Although the Feed and Seed Business reported lower revenue, operating profit increased 2.7% year on year as a result of lower fixed costs, continuing the improvement in profit performance. - FY2021-Q2AdvancedAnnual report
「Revenue was ¥22,562 million, down 5.5% year on year, while operating profit was ¥1,239 million, up 8.6%. Revenue declined for the segment as a whole due mainly to lower sales volumes of grass and forage-crop seeds and feed. Operating profit increased, however, as a result of lower fixed costs and other factors.」
Although the Feed and Seed Business reported lower revenue, operating profit increased 8.6% year on year as a result of lower fixed costs, improving profit performance. - FY2021-Q1AdvancedAnnual report
「Revenue was ¥11,846 million, down 4.3% year on year, while operating profit was ¥714 million, up 11.8%. Revenue declined for the segment as a whole, despite higher revenue from an increase in large landscaping projects, due mainly to lower sales volumes of grass and forage-crop seeds and feed. Operating profit increased as a result of lower selling, general and administrative expenses and other costs.」
Although the Feed and Seed Business reported lower revenue, operating profit increased 11.8% year on year as a result of lower selling, general and administrative expenses and other costs. - FY2020Explicitly stated that the Dairy Products Business remained loss-makingAnnual report
「In fiscal 2014, the Municipal Dairy Business as a whole reported an operating loss, but operating profit reached ¥5.2 billion in fiscal 2019 as business-structure reforms progressed. However, the business has not yet escaped losses in its core Dairy Products Business.」
Although the Municipal Dairy Business as a whole became profitable, the core Dairy Products Business remains loss-making, and further business-structure reforms are considered necessary. - FY2020-Q3AdvancedAnnual report
「Net sales were ¥33,733 million, down 4.2% year on year, and operating profit was ¥1,095 million, up 3.2%. Operating profit increased due to lower selling, general and administrative expenses and other costs.」
Although the Feed and Seed Business reported lower revenue, operating profit increased 3.2% year on year as a result of lower selling expenses and other costs, improving profit performance from the declining trend through the previous fiscal year. - FY2020-Q2WorsenedAnnual report
「Net sales were ¥23,882 million, down 0.1% year on year, and operating profit was ¥1,140 million, down 6.1%. Net sales increased due partly to higher sales volume of feed, but were broadly unchanged for the segment as a whole because of lower sales of pasture and forage crop seeds. Operating profit declined due partly to lower sales of pasture and forage crop seeds and higher costs.」
The feed and seed business benefited from higher feed sales volume, but operating profit fell 6.1% year on year due to lower seed sales and higher costs. - FY2020-Q1WorsenedAnnual report
「Net sales were ¥12,373 million, up 0.6% year on year, and operating profit was ¥638 million, down 8.3%. Operating profit declined due partly to lower sales of pasture and forage crop seeds and higher costs.」
The feed and seed business posted higher sales due partly to increased sales volume, but operating profit fell 8.3% year on year due to lower seed sales and higher costs. - FY2019WorsenedAnnual report
「Net sales were ¥46,039 million, up 3.0% year on year, and operating profit was ¥1,163 million, down 13.8%. Operating profit declined 13.8% year on year due partly to lower sales of pasture and forage crop seeds, lower sales volume of compound feed and higher costs.」
The feed and seed business posted higher sales due to higher selling prices, but full-year operating profit declined 13.8% due to lower sales volumes of seeds and compound feed and higher costs. - FY2019-Q3WorsenedAnnual report
「Net sales were ¥35,227 million, up 3.1% year on year, and operating profit was ¥1,060 million, down 25.1%. Operating profit declined due partly to lower sales of pasture and forage crop seeds, lower sales volume of compound feed and higher costs.」
The feed and seed business posted higher sales due to higher selling prices, but operating profit fell 25.1% year on year due to lower seed sales, lower sales volume of compound feed and higher costs. - FY2019-Q2RestatedAnnual report
「During the first six months of the fiscal year under review, the segment as a whole posted higher sales due partly to higher selling prices for compound feed, but profit declined due to lower sales of pasture and forage crop seeds, lower sales volume of compound feed and higher costs.」
The feed and seed business posted higher sales due partly to higher selling prices for compound feed, but profit declined due to lower sales volume and higher costs. The pattern of higher sales and lower profit has continued from the previous quarter. - FY2019-Q1Revenue Growth, Profit DeclineAnnual report
「Against this business backdrop, based on Group Medium-Term Management Plan 2019, we worked to diversify our earnings base and maximize cash flow. We sought to strengthen the earnings base for future growth by improving the product mix through expanded sales of high-value-added products such as functional yogurt and core products such as cheese, and by expanding scale through continued marketing investment in the nutrition business.」
The company continues to invest in marketing for the nutrition business. The feed and seed business posted higher sales due partly to higher selling prices for compound feed, but profit declined due partly to higher costs. - FY2018-Q3AdvancedAnnual report
「Net sales were ¥34,180 million, up 4.3% year on year, and operating profit was ¥1,415 million, up 22.9%. Sales and profit increased during the period, due partly to higher sales of pasture and forage crop seeds and higher selling prices for compound feed.」
The feed and seed business disclosed a 4.3% increase in net sales and a 22.9% increase in operating profit, driven partly by higher sales of pasture and forage crop seeds, demonstrating quantitative progress toward establishing a growth model. - FY2018-Q2AdvancedAnnual report
「We worked to strengthen the earnings base for future growth by expanding into new markets in the nutrition business. During the period, sales and profit increased, due partly to higher sales of pasture and forage crop seeds and higher selling prices for compound feed.」
The company continued expanding into new markets in nutrition, while the feed and seed business posted higher sales and profit due partly to increased sales of pasture and forage crop seeds. - FY2018-Q1AdvancedAnnual report
「We worked to strengthen the earnings base for future growth by expanding into new markets in the nutrition business. During the period, sales and profit increased, due partly to higher sales of pasture and forage crop seeds and higher selling prices for compound feed.」
The company disclosed that it continued expanding into new markets in nutrition, while the feed and seed business posted higher sales and profit due partly to increased sales of pasture and forage crop seeds. - FY2017First statedAnnual report
「By improving the profitability of the fluid milk business, we will develop it into a core earnings driver second only to the dairy products business. At the same time, in the nutrition and feed and seed businesses, we will establish growth models and expand operations.」
The company has presented a new business portfolio initiative under Medium-Term Management Plan 2019: develop fluid milk into a core earnings driver second only to dairy products, and establish growth models in nutrition and feed and seed.