Product Development, Quality and Competitive Risks in Processed Foods

「In the processed foods business, the Group conducts ongoing quality assurance activities aimed at providing safe and reliable products from four perspectives, namely food safety, food defense, food quality and food communication, and verifies their effectiveness through regular audits.」

「The various risks relating to the Group's processed foods business include the following: ・The risk that products developed by the Group will not meet customer preferences and will have short product life cycles ・The risk that the Group will be unable to compete with other large manufacturers that have wider sales networks, superior development capabilities or more extensive experience than the Group ・The risk that, if any problem arises with the quality of the Group's products, customers may suffer harm to their health, the Group may face claims including product liability claims, or the products and the Group's brand and image may be damaged」