MEITO CO., LTD. (2207) Stock Price

Meito Sangyo operates three main business segments: food products, chemical products, and real estate. These operations are conducted by Meito Sangyo and its subsidiaries and affiliated companies.

In the food business, Meito Sangyo manufactures and sells chocolate, powdered beverages, jellies, Baumkuchen, ice cream, sweet potato confectionery, candy, cakes, and nutritional foods. This segment involves Ace Bakery Co., Ltd., Meito Dairy Co., Ltd., PCS Co., Ltd., Ooimoya Co., Ltd., and Hiramatsu Shoten Co., Ltd.

In the chemical products business, Meito Sangyo supplies rennet (milk-curdling enzyme for cheese), lipase (fat-degrading enzyme), dextran sulfate (for hyperlipidemia treatment, etc.), dextran (plasma volume expander, blood flow improver, etc.), dextran magnetite (MRI contrast agent, medical device material, etc.), flavoring agents (food additives), iron dextran (veterinary pharmaceutical), and mixed feed.

In the real estate business, Meito Sangyo operates golf courses and leases real estate properties. This segment includes Prince Golf Co., Ltd. Additionally, Meito Adams Co., Ltd. manufactures and sells chewing gum, and Meito Tateshina Sanso Co., Ltd. manages the acquisition and operation of employee welfare facilities.

Furthermore, Meito Sangyo has made PCS Co., Ltd., which develops and sells software, a subsidiary to strengthen its information systems organization. This initiative aims to enhance the competitiveness of the Meito Sangyo Group.

Meito Industries pursues its corporate philosophy of "deliciousness, enjoyment, and health" with food and chemical products as core businesses, driving growth strategy. In 2025, the company will change its corporate name to "Meito Inc." to enhance brand recognition and corporate value. Additionally, marking its 80th anniversary, the company has established a new purpose: "Every day filled with physical and mental richness and enjoyment," aiming for sustainable growth.

Meito Industries has formulated the medium-term management plan "MEITO CHALLENGE 2026," targeting consolidated net sales of 30 billion yen, operating profit of 1.8 billion yen, ordinary profit of 3.0 billion yen, ROE of 5.0% or higher, and PBR of 1.0x by the fiscal year ending March 2027. This plan aims to enhance corporate value through strengthening both food and chemical product businesses.

As a growth strategy, Meito Industries has adopted backcasting methodology and is optimizing its business portfolio. The company is also strengthening management with heightened awareness of human capital and cost of capital, building a foundation to support sustainable growth. Through these efforts, Meito Industries seeks to enhance market competitiveness and achieve stable growth.

In its food business, Meito Industries leverages SNS advertising and television commercials to improve brand awareness. In its chemical products business, the company is strengthening global expansion of high-value-added products to drive sales growth. Through these initiatives, the company exceeded its plan in fiscal 2024 and has made a strong start.

As a financial strategy, Meito Industries is making growth investments to improve profitability and capital efficiency. The company maintains stable dividends to shareholders and implements a progressive dividend policy. From 2025 through 2027, the company plans to increase annual dividends in stages.