Value Creation Story

A History of Creating Value

Establishing a Temperature-controlled Logistics Network

The Nichirei Group has resolved various issues in each era of its existence. These issues have included the challenge of meeting increased food demand in Japan's period of high economic growth through its ice-making, refrigeration and freezing businesses, and contributing to the improvement of health standards in the 1960s through the development of a cold chain logistics network. In recent years, globalization and social changes have made food logistics increasingly complex and sophisticated, and demands are growing for eco-friendliness, labor saving and efficient use of food resources. We will continue to provide value to society through the leading high-performance facility capacity we have established in Japan and a global rollout of our high-quality, detailed services.

1954 Established a Frozen Food Sales Company

In the early days of frozen foods, there were no vendors equipped to

handle them. We therefore decided to establish a sales company1950s specializing in frozen foods and start distribution.

1959

More Sophi

Developed Long-distance Frozen Cargo Vehicle

Nichirei's long-distance frozen cargo vehicle (reefer) Hayabusa, which was developed in-house, contributed to the creation of a cold chain logistics network that keeps food

at low temperatures.

1960s

1964

Provided a Wide Range of Frozen Foods to the Athletes' Village at the Tokyo Olympics

We provided a wide range of frozen foods to the athletes' village at the Tokyo Olympics for a stable supply of safe and delicious meals to more than 5,000 athletes from around the world.

Social Issues

  • Reduction of food loss and waste
  • CO2 emission reduction
  • Response to the labor shortage

1970s

1965

Cold Chain Recommendation Issued by Japan Science and Technology Agency

(merged in 2001 with the Ministry of Education, Science, Sports and Culture, the predecessor to the current Ministry of Education, Culture, Sports, Science and Technology)

Nichirei played a central role in establishing a cold chain logistics network, which included the introduction of forklifts, the construction of large-scale refrigerated warehouses and the establishment of an industry group. The cold chain network, which keeps food at a low temperature during distribution to maintain freshness from the production area to the table, also helps to reduce food loss.

Efficient

16 Nichirei Group Integrated Report 2021

2021

Management

Started Operation of Japan's First

Trucks That Couple Room-Temperature

and Low-Temperature Trailers

2020s

These 25-meterdouble-trailer trucks enable simultaneous bulk transportation of frozen and room temperature products. Since simultaneous transport is enabled by simply coupling and decoupling the second trailer, the trucks are expected to significantly lessen the burden on drivers and reduce environmental impact through an improved percentage of truckload capacity utilization and other transportation efficiency improvements.

2000s

Story Creation Value Strategy

sticated and

• Joint shipping

Logistics

• Modal shift

• Inspection by tablet device

• Truck reservation system

• Driverless forklifts etc.

1993

2000

Entered the 3PL Business

We started a third-party logistics (3PL) business, which offers logistics strategy planning and logistics systems on behalf of customer companies. By providing them with comprehensive outsourcing services, we optimize the efficiency of their logistics.

Strategy Financial

1990s

1980s

Full-scale Launch of Cross-Docking (XD) Business

Setting up a dedicated XD center between vendors and stores significantly improved delivery efficiency. It also contributed to more efficient store operations and reduction of CO2 emissions.

for Initiatives Strategy Business Sustainable a

1988

Launched Logistics Business in Europe

The rollout of our logistics business in Europe started with the acquisition of a cold storage company in the Netherlands. Based on the know-how we have cultivated in Japan, we have rolled out our logistics business in China, Thailand and Malaysia as we spread the quality of Japanese logistics around the world.

Achieving Society

Data

Nichirei Group Integrated Report 2021 17

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Nichirei Corporation published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 07:19:08 UTC.