SHINOBU FOODS PRODUCTS CO.,LTD. [2903.T]
TOKYO, May 11 (Pulse News Wire) – Shinobu Foods Products CO.,LTD. (2903.T) outlined its mid-term business plan for fiscal years 2026 through 2030, aiming to achieve sales of ¥700 billion by March 2030.
The company plans to enhance production efficiency across three temperature zones—ambient, chilled, and frozen—and develop unique products to expand its market share. Additionally, it seeks to export Japanese flavors globally through its freezing division. ShinoBu also detailed four key strategies: sales expansion, cost reduction, sustainability, and financial management. Sales initiatives include expanding distribution channels to convenience stores, supermarkets, cafes, and amusement facilities.
Cost-cutting measures involve flexible contract periods for rice procurement, product specification adjustments due to rising raw material costs, and automation improvements. Sustainability efforts focus on reducing food waste and promoting employee welfare, while financial strategies aim to increase dividend payout ratios to around 24% by March 2028. In addition, the company reported progress towards its goals, noting that revenue growth was outpacing initial forecasts despite challenges such as rising raw material prices. ShinoBu continues to work on improving profitability and aims to meet its final-year targets.
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