(2053) Stock Price

Chubu Feed operates primarily through two business segments. First, in the "Feed Segment," the company manufactures and sells livestock feed for chickens, pigs, and cattle, as well as aquaculture feed for fish. This segment includes Toyohiro Suisan Co., Ltd., a consolidated subsidiary, which handles research and development of aquaculture feed and production and sales of aquatic products.

Additionally, Mirai Feed Co., Ltd., an affiliate accounted for using the equity method, procures raw materials from Chubu Feed and manufactures and sells livestock feed. Furthermore, Santsu Chubu Feed (Shandong) Co., Ltd. handles the manufacturing and sales of aquaculture feed.

In the "Other Segment," the company engages in sales of livestock and aquaculture products for consumers, sales of livestock equipment, manufacturing and sales of compound fertilizers, and insurance agency services. Chubu Feed also undertakes contract production of specialty livestock products such as "Goma Tamago" eggs and "Imo Buta" pork.

This segment includes Chubu Ecotech Co., Ltd., a consolidated subsidiary, which develops, procures, and sells livestock equipment, and Jilin Huazhong Green Ecological Agriculture Development Co., Ltd., which handles manufacturing and sales of compound fertilizers. Additionally, Chubu Ecotech (Dalian) Environmental Technology Co., Ltd. handles procurement and sales of livestock equipment.

Furthermore, Daikoku Co., Ltd., a consolidated subsidiary, operates as an insurance agency, and Chubu Chimney Co., Ltd. handles procurement and sales of livestock and aquatic products. Through these operations, Chubu Feed pursues a diversified business portfolio.

Chubu Feed is developing a medium-term management plan for 2025 through 2027 aimed at achieving sustainable growth. The plan seeks to build a strong revenue foundation by improving profitability and expanding scale. In the feed segment particularly, the company is promoting integrated manufacturing, sales, and research operations, while focusing on developing environmentally conscious feed products and expanding sales of differentiated feed offerings.

In aquaculture feed, the company is accelerating the expansion of low-fishmeal and fishmeal-free feed products and new product development, while strengthening sales of high-value aquaculture products. Additionally, the company is increasing and developing sales and research personnel to address management challenges across each division. Through these efforts, Chubu Feed aims to improve profitability and expand scale in the feed segment.

In other business segments, the company is strengthening sales of specialty eggs and developing new products, cultivating new customers for fertilizers, and expanding sales of livestock equipment to overseas markets. These initiatives accelerate business growth and diversify the revenue base. In insurance agency operations, the company is strengthening livestock insurance sales while pursuing synergies with the feed business.

Chubu Feed is advancing sustainability management and strengthening initiatives in environment, society, and governance from an ESG perspective. Specifically, the company aims to reduce greenhouse gas emissions by 30% compared to fiscal 2020 levels by 2030, while building a more comfortable workplace environment and strengthening risk management. These efforts establish the foundation supporting sustainable growth.