IR Information

Bussiness Plan

Group Management Policies

The Group’s new challenges lead to dramatic growth

The Group’s new challenges lead to dramatic growth

Having established its four management policies—strengthen the management base, enhance cost competitiveness, create added value and take up challenges in new fields—that revolve around“making the most of our unique capabilities and an ability to create new products, markets and demand,” the Kewpie Group’s new challenges will lead to dramatic growth.

Overall
Speed up Group cooperation, maximize Group strengths
Domestic
Solidify the Condiments Products Business and enhance the capacity of other businesses to generate income

[Main Initiatives]

Create added value

  • Generate value tailored to needs
  • Utilize and open up sales channels
  • Strengthen proposals for core products

Enhance cost competitiveness

  • Improve efficiency of production, sales, and distribution
  • Technological innovation in manufacturing
  • Strengthen procurement capacity for raw materials
Overseas
Lay a foundation for growth in new areas while accelerating growth in China and Southeast Asia

[Main Initiatives]

  • Provide proposals that capture area needs
  • Expand new categories
  • Strengthen export expansion areas using strategic products
Investment
Focus on the domestic Condiments Products Business and overseas development

Performance Targets

FY2018 TargetNet Sales ¥625.0 billion Operating Income ¥35.5 billonROE: 8.5%

(¥ billion)
FY2015 *1
(Corrected)
FY2016
(Plan)
Change
vs. 2015
FY2018
(Target)
Annual average
growth rate (%)
Net Sales 549.8 575.0 625.0 +75.2 4.4
Domestic 512.1 530.5 560.5 +48.4 3.1
Overseas*2 37.7 44.5 64.5 +26.8 19.6
Operating Income 26.4 28.0 35.5 +9.1 10.4
Domestic 22.3 23.7 28.4 +6.1 8.4
Overseas*2 4.0 4.3 7.1 +3.1 21.1
Operating Income Ratio (%) 4.8 4.9 5.7 +0.9
Ordinary Income 27.2 29.1 36.3 +9.1 10.1
Net income attributable to
parent company shareholders
17.0 15.0 20.2 +3.2 5.9
 
ROE (Return on equity) (%) 8.3 6.8 8.5 +0.2
ROA (Return on assets) (%) 7.5 7.6 8.6 +1.1
EBITDA
(Operating income + Depreciation and amortization)
45.4 46.1 53.0 +7.6 5.3
  • *1. For fiscal 2015, corrected values are used to reflect the effect resulting from the change made to the accounting standard for recording net sales.
  • *2. Overseas figures cover the period from October through September and include exports from Japan
    (exports from Japan cover the period from December through November).

Investments and Return to Shareholders

Investments and Return to Shareholders
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