The environment encompassing Warabeya Nichiyo Group is undergoing significant changes, including social demands for food safety, a declining birthrate, aging population, and other demographic shifts, and diversifying lifestyles.
We will therefore build a management foundation and strengthen our earnings structure in a way that can address any environment, while aspiring to a corporate group that better enhances corporate value and achieves sustainable growth.
Five-Year Medium-term Management Plan
Targets for the final fiscal year of the Medium-term Management Plan(fiscal year ending February 2028)
Net sales
250
billion yen
Operating profit
10
billion yen
Initiatives for Sustainable Growth
- Improve profits in the domestic Food Production Business and pursue consumer demand
- Expand the overseas Food Production Business
- Improve the profitability of group-related businesses
The Company aims to increase earnings in the domestic Food Production Business by realizing an appropriate sales portfolio. Doing so will rely on our efforts to develop attractive products achieved by precisely capturing the needs of consumers, and on our efforts to improve production systems with an eye to the future of ever-changing demand.
- Develop products that precisely capture consumer needs
- Restructure production systems with an eye to the future
- Review the sales portfolio
- 拡大
- Ratio of Bento Meal Box Sales Accounted for by Chilled Items (company results)
The demand for bento meal boxes in Japan is rapidly shifting from room-temperature bento meal boxes controlled at about 20°C to refrigerated chilled bento meal boxes. Handled under strict temperature control, chilled bento meal boxes have a long shelf-life, thereby extending the time during which they are available for sale. As a result, chilled bento meal boxes also help reduce lost sales opportunities at stores and reduce food loss, which is expected to further drive demand for these upwards.
- 拡大
- Net Sales Composition by Product Type
(fiscal year ended February 2023)
Although the Group offers a diverse range of products, onigiri rice balls, bento meal boxes, and other items classified as cooked rice products still account for the majority of sales.
We will therefore meet the increasingly diverse needs of our customers by transforming our sales portfolio (product sales mix) into one that differs from today through an effort to create new value in a way that leverages our Product Development and broad product lineup.
The Company will build a global business foundation by combining the know-how we have accumulated over more than 40 years as part of our overseas business with our three strengths as a leading company on the Japanese ready-to-eat meals market, namely Product Development, Production Technology, and Quality Control & Hygiene Management.
- Leverage our many years of know-how accumulated overseas
- 拡大
- US Business Net Sales
The US Business finally surpassed 10 billion yen in net sales for the fiscal year ended February 2023 due to several years of strong growth. In September 2023, the Virginia plant began operations as a new plant following Hawaii and Texas. Furthermore, we have scheduled the Ohio Plant to begin operations in September 2025, and we expect high growth to continue in the future.
The Virginia Plant began operations in September 2023. This plant deliver bread products and other items to 1,350 locations in Virginia, as well as Pennsylvania, Maryland, Delaware, North Carolina, and Washington, D.C.
The Group's related businesses are primarily centered on the Food Materials Business, which procures, processes, and sells carefully selected ingredients from Japan and abroad, and the Logistics Business, which focuses on the delivery and sorting of foods that require appropriate temperature control. Along with more efficiently leveraging management resources and improving profitability through concentration on core competencies, we aim to expand these businesses through new initiatives.
- Increase profitability through concentration on core competencies
- Expand business through new initiatives
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