HAGOROMO FOODS CORPORATION (2831) Stock Price

Hagoromo Foods primarily operates a food business, manufacturing and selling canned goods, retort-packaged foods, pasta, packaged rice meals, bonito flakes, seaweed, and seasoning sprinkles. These products provide diverse options to enrich everyday dining tables.

Central Service Co., Ltd., a subsidiary of the company, handles logistics operations. Specifically, it manages product shipment arrangements and transportation-related administrative tasks such as freight payments to carriers, ensuring that Hagoromo Foods' products flow smoothly to the market.

Additionally, P.T. Aneka Tuna Indonesia, an affiliated company, is commissioned to manufacture tuna products, playing an important role in Hagoromo Foods' product lineup. Through this arrangement, the company supplies high-quality tuna products on a stable basis.

Furthermore, in addition to its food business, Hagoromo Foods operates a real estate rental business. This business diversifies the company's revenue base and supports stable management.

Hagoromo Foods pursues sustainable growth under its management philosophy of "becoming a company loved by people and the planet." The company prioritizes returning the results of sound business activities to consumers, employees, investors, and business partners, while fulfilling its social responsibilities.

The company's medium-term management plan "Challenge & Change for 100th!" will be implemented from 2024 to 2026 and is based on five core policies. These include ensuring product safety and reliability, strengthening existing businesses, creating new business foundations, building a workplace where diverse talent can thrive, and promoting environmental conservation and social contribution activities.

Hagoromo Foods aims to expand market share particularly in the canned and retort pouch sectors. The company is strengthening its production and quality management systems to ensure stable supply of safe and reliable products, while developing new products that emphasize consumer health consciousness and convenience.

Looking toward its 100th anniversary in 2031, Hagoromo Foods aims to establish a trusted brand. This includes becoming the most beloved brand in the kitchen and actively engaging in effective resource utilization, environmental conservation, and social contribution.

Additionally, Hagoromo Foods seeks to create new business foundations for the next generation. Alongside strengthening existing operations, the company is promoting the development and cultivation of new business pillars that will become core operations beyond the 100th anniversary, aiming to contribute to the realization of a sustainable society.