Value Creation Story

Business Overview

The Nichirei Group conducts business in areas including marine, meat and poultry products; bioscience; and real estate. Its main focus, however, is on processed foods and temperature-controlled logistics. Under a holding company responsible for overall Group strategy, each operating company aims to create new value for customers through flexible business operations in order to raise corporate value over the medium to long term.

Processed Foods

Logistics

37.9%

35.7%

Breakdown of Net Sales

¥572.8 billion

FY2021

Real Estate

Marine, Meat and

0.8%

Poultry Products

24.7%

Others

(Marine Products: 10.6%

0.8%

Meat and Poultry Products: 14.1%)

Processed Foods

Logistics

50.8%

38.8%

Breakdown of

Operating Profit

¥32.9 billion

FY2021

Marine, Meat and

Real Estate

Poultry Products

6.0%

5.3%

(Marine Products: 1.5%

Others

-0.9%

Meat and Poultry Products: 3.8%)

Note: Amounts are rounded to the nearest hundred million yen, and percentages are rounded to the first decimal place.

18 Nichirei Group Integrated Report 2021

Processed Foods

Temperature-controlled Logistics

Nichirei Foods Inc.

Nichirei Logistics Group Inc.

Value Strategy Management

By intimately following the way people live, we contribute to the realization of a healthy and abundant society through food that is characterized by seven basic values: delicious; healthy; enjoyable to eat; safe; simple and convenient to prepare; readily available; and reasonably priced. We will continue to refine our distinctive abilities and create superb value through frozen foods, retort pouch foods and wellness foods, in order to become the most trusted food company in the world.

We are the largest domestic logistics group. Our business comprises a logistics network, focused on third-party logistics, transportation and delivery; regional storage businesses providing storage and delivery services that are deeply rooted in their local areas; an overseas business that handles operations in Europe, China, Thailand and Malaysia; and engineering services, which handle matters from logistics facility planning and design to maintenance management. Throughout our supply chain we provide high-quality service.

Strategy Financial Story Creation

Marine, Meat and Poultry Products

Bioscience

Nichirei Fresh Inc.

Nichirei Biosciences Inc.

Strategy Business

In promoting the development of premium marine, meat and poultry products we utilize our global procurement abilities and emphasize freshness, deliciousness, safety, security, health and eco-friendliness. We also keep sustainability in mind, paying attention to resources and the environment while aiming to create better value for consumers.

Real Estate

Nichirei Corporation

(Holding Company)

By making best use of biotechnologies to conduct business in the three fields of molecular diagnostics, rapid diagnostics and biomedical materials, we are able to contribute to the physical and mental health of a large number of people. We provide high-quality products and services with the aim of becoming a technology-oriented company with outstanding expertise.

As the holding company for the Nichirei Group, Nichirei Corporation aims to maximize corporate value by promoting organizational management. It carries out the functions of management planning, monitoring and fund procurement for the entire Group, as well as management support for each operating company. It also operates a real estate business to make effective use of Group-owned land and other assets.

Achieving for Initiatives Society Sustainable a

Data

Nichirei Group Integrated Report 2021 19

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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.