(2229) Stock Price

Calbee operates 22 subsidiaries (7 domestic and 15 overseas) and 3 affiliated companies. The company manufactures and sells snack foods in potato, wheat, and corn varieties, as well as cereal products. Calbee is also an equity method affiliate of PepsiCo, Inc., a major U.S. food and beverage company.

Calbee's corporate philosophy is to contribute to people's healthy lifestyles by leveraging nature's bounty and delivering delicious and enjoyable products. The company develops various products and services based on this philosophy.

In the snack food business, Calbee and Japan Frito-Lay Co., Ltd. handle domestic manufacturing and sales. Overseas operations are managed by entities including Calbee America, Inc. (United States), Calbee Group (UK) Ltd (United Kingdom), and PT. Calbee-Wings Food (Indonesia).

Calbee manufactures and sells cereal products domestically. In China, sales are handled by subsidiaries such as Calbee (Hangzhou) Food Co., Ltd. and Calbee (China) Management Co., Ltd. This structure supports the company's global market expansion.

In other food businesses, Calbee Potato Co., Ltd. handles potato sourcing and sales, while Calbee Kaitsuka Sweet Potato Co., Ltd. manages sweet potato sourcing and sales. These operations ensure stable supply of raw materials.

Calbee Logistics Co., Ltd. manages the logistics business, supporting efficient product distribution. This ensures Calbee's products reach the market promptly and reliably.

Calbee has established a growth strategy called "Change 2025" aimed at achieving sustainable growth toward 2030. Under this strategy, the company will strengthen investments in overseas markets and new food categories, while transforming its business portfolio to balance profitability with growth. Additionally, Calbee is advancing sustainability management to enhance corporate value.

Calbee's "Change 2025" growth strategy focuses on three priority areas: strengthening profitability, transforming the business portfolio, and reinforcing the business foundation. In domestic snack and cereal businesses, the company will strengthen brands and improve efficiency through digital transformation, while building the foundation for next-generation factories. Overseas, Calbee will expand Japanese-origin brands primarily in North America and China, while focusing on new areas such as agribusiness and food and health businesses.

As a financial strategy, Calbee is reviewing its cash allocation to distribute funds across growth investments, efficiency investments, and shareholder returns. Over the three-year period from 2024 to 2026, the company plans to generate 90 billion yen in operating cash flow, allocating 80 billion yen to growth investments, 60 billion yen to efficiency investments, and 25 billion yen to shareholder returns. This will build a sustainable business portfolio to support continued growth.

Advancing sustainability management is also a key strategy for Calbee. The company aims to leverage natural materials and contribute to people's healthy lifestyles. To address social issues including environmental and human rights concerns, Calbee has identified five material issues and is working on 13 priority themes. The company is particularly focused on improving agricultural sustainability and promoting diversity and inclusion across the organization.