Building a Highly Profitable Business Base by Shifting Toward High-Performance, High Value-Added Products

「Although demand for edible processed fats and oils and food functional materials for use in bread, confectionery, and processed foods eased, sales increased after selling prices were revised in response to surging raw material and fuel prices.」

「We have worked to develop new markets and expand sales while reducing production costs, and have continued our management efforts toward sustainable growth.」

「Sales of fatty acid derivatives increased as demand related to environmental energy remained firm and selling prices were revised in response to surging raw material and fuel prices.」

「While working to develop new markets and expand sales and reduce production costs, we have focused on maintaining appropriate prices and continued our management efforts toward sustainable growth.」

「Under the three-year 2022 Medium-Term Management Plan, which designated fiscal 2022 as its final year, we adopted “Challenge and Co-creation” as our basic policy and addressed the following issues: “expansion into growth markets,” “acceleration of new product and technology development,” “strengthening cooperation inside and outside the Company,” “improving productivity,” and “promoting CSR activities,” while working to develop new markets and expand sales and reduce production costs」

「Under the three-year 2022 Medium-Term Management Plan, which began in fiscal 2020, the Group adopted “Challenge and Co-creation” as its basic policy and addressed the priorities of expanding its business in growth markets, accelerating the development of new products and technologies, strengthening collaboration inside and outside the Group, improving productivity, and promoting CSR activities. At the same time, it worked to develop new markets and expand sales of high-performance, high-value-added products, reduce production costs, and build on its management efforts toward sustainable growth.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「Regarding resource allocation to the business, we will increase production capacity to meet growing demand for high-performance, high-value-added products and promote efficiency investments, including investments to improve operational efficiency through digitalization.」

「Under the three-year 2022 Medium-Term Management Plan, which begins in the current fiscal year, the Group has adopted “Challenge and Co-creation” as its basic policy and is addressing the priorities of expanding its business in growth markets, accelerating the development of new products and technologies, strengthening collaboration inside and outside the Group, improving productivity, and promoting CSR activities. At the same time, it has worked to develop new markets and expand sales of high-performance, high-value-added products, reduce production costs, and build on its management efforts toward sustainable growth.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「Under these business conditions, the Group aims to make further strides, adopting “Creating and Expanding Innovative Value” as its basic policy and pursuing the priorities of the three-year 2019 Medium-Term Management Plan, which ends in fiscal 2019: creating new products and markets, improving productivity, strengthening group management, and promoting CSR activities. At the same time, it worked to develop new markets and expand sales of high-performance, high-value-added products, reduce production costs, and build on its management efforts toward sustainable growth.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「To secure a stable earnings base, our Group aims to transform its business structure so that it is less susceptible to factors such as price trends for key raw materials, including fats and oils and petrochemical materials. We plan to steadily shift to high-performance, high-value-added products in all fields, thereby building a more profitable business base.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「Under these business conditions, the Group aims to make further strides, adopting “Creating and Expanding Innovative Value” as its basic policy and pursuing the priorities of the three-year 2019 Medium-Term Management Plan, which began in fiscal 2017: creating new products and markets, improving productivity, strengthening group management, and promoting CSR activities. At the same time, it is working to develop new markets and expand sales of high-performance, high-value-added products, reduce production costs, and build on its management efforts toward sustainable growth.」

「Amid this business environment, our group has pursued further growth by adopting creating and expanding innovative value as its basic policy and advancing the key issues of the three-year 2019 Medium-Term Management Plan, whose first year is the current fiscal year: creating new products and markets, improving productivity, strengthening group management, and promoting CSR activities. We have also worked to develop new markets and expand sales of high-performance, high-value-added products, reduce production costs, and build management capabilities for sustainable growth.」

「We have worked to develop new markets and expand sales of high-performance, high-value-added products while reducing production costs, and have continued our management efforts toward sustainable growth.」

「To secure a stable earnings base, our Group aims to transform its business structure so that it is less susceptible to factors such as price trends for key raw materials, including fats and oils and petrochemical materials. We plan to steadily shift to high-performance, high-value-added products in all fields, thereby building a more profitable business base.」

「In addition, driven by increased sales of high-value-added products and the effects of lower production costs, operating income increased 27.9% year on year to ¥18,776 million, ordinary income increased 22.1% to ¥19,402 million, and quarterly net income attributable to owners of the parent increased 24.8% to ¥13,861 million.」

「In addition, driven by increased sales of high-value-added products and the effects of lower production costs, operating income increased 32.4% year on year to ¥11,962 million, ordinary income increased 17.9% to ¥11,635 million, and quarterly net income attributable to owners of the parent increased 21.7% to ¥8,340 million.」

「To establish a new growth trajectory, the Group is pursuing the basic policies of the 2016 Medium-Term Management Plan, a three-year plan ending in fiscal 2016: accelerating the development of new products and businesses, expanding overseas business, further strengthening its management foundation, and reorganizing into a strategic organization. At the same time, the Group is working to develop new markets and expand sales through high-performance, high-value-added products, reduce production costs, and build on its management efforts toward sustainable growth.」

「To secure a stable earnings base, our Group aims to transform its business structure so that it is less susceptible to factors such as price trends for key raw materials, including fats and oils and petrochemical materials. We plan to steadily shift to high-performance, high-value-added products in all fields, thereby building a more profitable business base.」