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Under the Group’s Eighth Medium-Term Business Plan, which commenced in April 2024, the Group has been pursuing initiatives under the theme of “Striving to Become a High-Quality Company that Provides ‘Healthy Life Through Foods’ <Chapter 2> Striving for Growth by Building a Global Value Chain.”
However, following the completion of the second year of the Eighth Medium-Term Business Plan, a significant gap has emerged between the initial plan and actual performance, and the Group has not been able to secure returns on investment exceeding its cost of capital.
In light of these circumstances, the Company has decided to revise the numerical targets for the final year of the Eighth Medium-Term Business Plan (fiscal year ending March 31, 2027) and to push forward with structural reforms centered on three key pillars: “concentrating management resources on growth areas,” “organizational reforms to realize growth strategies,” and “strengthening financial strategies.”
At the same time, the Company will withdraw the numerical targets for the Ninth Medium-Term Business Plan that were presented when the Eighth Medium-Term Business Plan was announced. During the fiscal year ending March 31, 2027, the Company will work to rebuild its earnings base while also formulating its next medium- to long-term plan.
For further details, please refer to the “FY2025 Results Briefing”