2022 Integrated Report

Since the year ended March 31,2019, we have published the NH Foods Group Integrated Report instead of the Annual Report.
We hope that it helps each stakeholders to understand the source of sustainable growth in NH Foods Group.

In March 2021, the NH Foods Group formulated Vision2030—“Unleash new potentials for protein” and integrated its business and sustainability strategies under Medium-Term Management Plans 2023 and 2026. In the year since that time, we have been pursuing new initiatives to achieve growth and development for the Group, while contributing to the solution of social issues. This report describes our current situation as a business group dedicated to the continuing pursuit of bold initiatives to fulfill our mission as a food manufacturer and create new value in an increasingly challenging business environment.

2022 Integrated Report Index

A Message from the Management

Challenges

We remain firmly committed to the realization of Vision2030 despite rapid and unpredictable environmental changes.

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Sharing the Joy of Eating through the pursuit of improvement
in social value and business value

Value creation process

Progress toward the realization of Vision2030

Described here is our roadmap for the realization of Vision2030, in which we define the future that we envision for the NH Foods Group in 2030. Here you will find information about the establishment of optimal production systems and pursuit of an optimal portfolio, our ROIC management policies, business risks and opportunities, progress toward the creation of social value through initiatives based on our Five Materialities, and IT and DX initiatives to support the creation of new value.

Progress on value creation and growth strategies

Under Medium-Term Management Plans 2023 and 2026, which we formulated by backcasting from Vision2030, we are currently pursuing three business strategies and one functional strategy. Presented here is detailed information about results and future plans under these strategies for each segment. The information also includes close-up analyses of our R&D activities, development and design processes, DX initiatives, and human resources, all of which are linked to value creation and growth.

Overview of strategy

Foundation for value creation

The NH Foods Group has identified five social issues that we need to address in order to realize Vision2030. Described here is our progress on measures relating to each of these “Five Materialities”. This section also outlines our sustainability philosophy and initiatives on ESG factors, including corporate governance, which form the foundation for value creation.

2022 Integrated Report PDF Index

Download in sections

  • Opening [0.8MB]
  • About the NH Foods Group [2.6MB]

    Editorial policy / Overview / History / Value creation process / Using and enhancing six types of capital to support value creation / Financial and non-financial highlights

  • A Message from the Management［1.6MB］

    Message from the President / Message from the General Manager of Corporate Planning Division / Message from the CFO / Messages from outside directors

  • Progress toward the realization of Vision2030 [0.9MB]

    Road to 2030 / Increasing business value / Risks and opportunities / Increasing social value / Creating new value

  • Progress on value creation and growth strategies [2.5MB]

    Progress under Medium-Term Management Plans 2023/2026 / Close-up (Research & development/Development and design/DX initiative/Employee potential) / Segment data (At a glance/Processed Foods Business Division/Fresh Meats Business Division/Overseas Business Division/Baseball Club and Other Business)

  • Foundation for value creation [2.1MB]

    Our approach to sustainability and sustainability promotion framework / Contributing to a sustainable environment / Responding to climate change / Stable procurement and supply of proteins / Food diversification and health / Co-creation and shared prosperity with local communities and society as a whole through food and sports / Employee development and respect for diversity / Corporate governance

  • Corporate data [0.4MB]

    Consolidated financial statements (past 10 years) / Corporate data/Stock information

Back issues

Integrated Report 2021

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