Prima Meat Packers, Ltd. (2281) Stock Price

Prima Ham's primary business involves manufacturing and selling processed foods, as well as processing, handling, and selling meat products. The company also operates related logistics and other services. Prima Ham Group consists of a parent company, 29 consolidated subsidiaries, 1 non-consolidated subsidiary, and 1 affiliated company accounted for using the equity method.

In the processed foods division, Prima Ham and related companies manufacture processed foods and distribute them to market through sales companies. Prime Delica and Prime Bakery supply prepared breads and ready-to-eat meals to Seven-Eleven Japan. Additionally, the company manufactures and sells processed foods in Thailand and Singapore.

In the meat products division, the company raises and fattens pigs for meat production and handles meat processing and preparation. These products are sold through Prima Ham and related companies. Prima Logistics manages logistics for the meat products division.

Other business operations include Prima Environmental Service, which provides cleaning services; Tsukuba Food Evaluation Center, which offers inspection and hygiene management consulting; Prime Tech, which develops, manufactures, and sells laboratory equipment; Prima System Development, which provides information processing services; and Prima Management Service, which provides human resources, insurance, and real estate services.

Since its founding in 1931, Prima Ham has contributed to the development of food culture through the provision of meat and processed food products. The company is committed to the mission of "contributing to food culture and society through deliciousness and inspiration," aiming for sustainable growth and corporate longevity. Under its medium-term management plan, the company targets net sales of 480 billion yen, operating profit of 12 billion yen, and net income of 8 billion yen by fiscal year 2025.

Prima Ham's growth strategy focuses on enhancing the quality of sales and profits through strengthening sales capabilities, product development capabilities, and product competitiveness. The company is also advancing sustainability-focused management to become a company loved by customers. Specifically, it is strengthening sustainable management foundations, building revenue bases responsive to external environmental changes, and pursuing growth investments and global expansion.

In strengthening sustainable management foundations, the company is promoting the reduction of greenhouse gas emissions and creating a workplace where employees are healthy and engaged. It is also improving compliance awareness and governance levels while enhancing appropriate information disclosure. In fiscal year 2024, the company revised its environmental policy and established supplier codes of conduct.

In building revenue bases responsive to external environmental changes, the processed food division is increasing cost competitiveness and supply capacity to expand market share. The meat division is developing and expanding original brands to improve profitability. The company is also strengthening integration of domestic pork production.

In growth investments and global expansion, the company is expanding its business domains domestically and internationally through collaboration with Itochu Corporation. It is particularly strengthening its entry into Southeast Asian markets, utilizing the acquisition of a Singapore company and a production subsidiary in Thailand. The company is also advancing operational efficiency through digital technology.