KAMEDA SEIKA CO.,LTD. (2220) Stock Price

Kameda Seika is primarily engaged in the manufacturing and sale of confectionery products, and also operates related transportation services. The Kameda Seika Group is composed of Kameda Seika Co., Ltd. as the core company, along with 17 subsidiaries and 3 affiliated companies. The business is divided into three segments: "Domestic Rice Cracker Business," "Overseas Business," and "Food Business."

In the "Domestic Rice Cracker Business," Kameda Seika and its subsidiaries Ajical Co., Ltd., Toyosu Co., Ltd., and Nissin Seika Co., Ltd. manufacture and sell rice crackers domestically. The affiliated company Masuya Co., Ltd. is also included in this segment.

In the "Overseas Business," Kameda Seika and its subsidiaries including Mary's Gone Crackers, Inc., KAMEDA USA, INC., and THAI KAMEDA CO., LTD. manufacture and sell rice crackers overseas. Affiliated companies include TH FOODS, INC. and KAMEDA LT FOODS (INDIA) PRIVATE LIMITED.

In the "Food Business," Kameda Seika and its subsidiaries Onishi Foods Co., Ltd., Mysen Co., Ltd., Mysen Fine Food Co., Ltd., and Tainai Co., Ltd. manufacture and sell long-shelf-life foods, plant-based lactic acid bacteria products, rice flour bread, and plant-based foods.

As other operations, Kameda Seika also engages in freight transportation services. This involves subsidiaries Niigata Transport Co., Ltd., Kameda Transport Co., Ltd., and N.A.S. Co., Ltd. Through these operations, Kameda Seika pursues a diversified business portfolio.

Kameda Seika aims for sustainable growth by positioning "change" and "innovation" as core management principles. The company is transforming its business structure to leverage its core competency in rice-based products while pursuing unique value creation. In 2023, the company redefined its "Purpose," "Vision," and "Value," with all executives and employees working together to realize its vision as a "Rice Innovation Company."

The company's medium-term management plan is themed around "evolution and winning strategies." It aims to refine the benefits of rice into value through deliciousness, health, and emotional satisfaction, creating new markets both domestically and internationally. Beyond its domestic rice cracker business, the company is making advance investments in overseas and food businesses, expanding its business scope through technology transfer.

Kameda Seika is transitioning toward an asset-light, high-margin business model. By fiscal year 2026, the company will establish a stable earnings foundation, from which it will pursue high-margin growth. The company will leverage domestic and international partnerships, leveraging technology and expertise as competitive strengths.

The company seeks to identify opportunities amid challenging market conditions and enhance corporate value. Working toward its long-term vision of becoming a "Rice Innovation Company," the company has formulated its management policies and targets for fiscal year 2024. Through these efforts, it aims to contribute to a sustainable society.