FP Corporation · TSE:7947
FP — H1 FY2024 Earnings Presentation
83 slides from FP's earnings presentation, Nov 1, 2023
Slide 1: Financial Results for the Six Months Ended September 30, 2023
Financial Results for the Six Months Ended September 30,2023 FP Corporation November 1, 2023 FP Corporation ・
Slide 2: Cautions for Handling This Material
Cautions for Handling This Material We have paid extremely close attention to the information provided and contained in the handouts. The forward-looking statements included in the information are our estimates based on the information available at the time of publication, and therefore contain pote
Slide 3: Table of Contents
= Table of Contents = ◆ Results and Plan Executive Vice President and Director, Executive General Manager of Finance and Accounting Division Isao Ikegami ... 4 ◆ For Expansion of Corporate Value Chairman, Representative Director and Group Representative Morimasa Sato . . . 11 ◆ Supporting Data . . .
Slide 4: Financial Results for the Six Months Ended September 30
Financial Results for the Six Months Ended September 30, 2023 Executive Vice President and Director, Executive General Manager of Finance and Accounting Division Isao Ikegami FP Corporation ・
Slide 5: Financial Results Summary
Financial Results Summary (For the Six Months Ended September 30, 2023) 1st half Performance 1st half projections Full year projections FY ended March 2023 FY ending March 2024 FY ending March 2024 FY ending March 2024 Record high Increase/ Year-on Progress Progress Unit: million y en Performance Pe
Slide 6: Results for Increase/Decrease in Ordinary Profit
Results for Increase/Decrease in Ordinary Profit (For the Six Months Ended September 30, 2023) FY ended March 2023 Unit: billion yen Full year 17.33 1st half 6.41 2nd half 10.92 Plan(original) difference +2.83 The Price of Material +0.83 and Electricity Rates Effect of price revision maintained * In
Slide 7: Outlook for Increase/Decrease in Ordinary Profit
Outlook for Increase/Decrease in Ordinary Profit Outlook（Oct.30） FY ended March 2023 Unit: billion yen Full year 17.33 1st half 6.41 2nd half 10.92 Plan(original) difference Changes in the 1st half difference Full year 2nd half outlook +0.83 +0.27 +1.10 +3.10 The Price of Material Effect of price re
Slide 8: Capital Investments and R&D Costs
Capital Investments and R&D Costs (Result for the Six Months Ended September 30, 2023) 1st half performance 1st half projections Full year projections FY ended March 2023 FY ending March 2024 FY ending March 2024 FY ending March 2024 Increase / Progress Progress Unit: million yen Performance Perform
Slide 9: Balance Sheet
Balance Sheet (Result for the Six Months Ended September 30, 2023) Previous consolidated 1st half of the consolidated fiscal year fiscal year FY ended March 2023 FY ending March 2024 Increase/ Year-on- Breakdown of As of March 31,2023 As of September 30,2024 Unit: million y en decrease y ear main in
Slide 10: Cash Flows
Cash Flows (Result for the Six Months Ended September 30, 2023) Results for 1st half FY ended March 2023 FY ending March 2024 Unit: million y en Performance Performance Breakdown of main items Profit before income taxes 7,509 Depreciation 7,580 Decrease (increase) in notes and accounts CF from opera
Slide 11: To Increase Corporate Value
To Increase Corporate Value Chairman, Representative Director and Group Representative Morimasa Sato
Slide 12: Contents
Contents ・ Market Conditions ・ Eco-Friendly Strategies ・ Strategic Investment／Stable Supply ・ Growth Strategy 12
Slide 13: Market Conditions
Market Conditions ia FPCO
Slide 14: Trends in the Retail Market
Trends in the Retail Market Source: Japan Supermarkets Association (year-on-year changes in sales at existing stores) Source: Japan Franchise Association (year-on-year changes in sales at existing stores) Supermarkets ➢ Soaring fuel expenses Seafood Seafood ➢ Reduced catch Livestock Deli ➢ Prices of
Slide 15: Soaring Raw Material Prices
Soaring Raw Material Prices As of Oct. 2023 FY ended March 2021 FY ended March 2022 FY ended March 2023 FY ending March 2024 86,100 81,400 1750 80,000 72,500 67,500 1550 70,000 60,700 1,290 1350 60,000 63,600 Domestically produced 44,800 47,700 1150 50,000 Naphtha equivalent 1,195 810 40,000 950 (ye
Slide 16: Price Revision
Price Revision FY ended March 2022 FY ended March 2023 3Q 4Q 1Q 2Q 3Q First price revision Presented From Apr. 2022 quotations Prices revised completely 見積提示 Announced 29 Oct. 2021 10% or more from 1st Dec. shipment Second price revision From Oct. 2022 Presented Prices revised quotations completely
Slide 17: Soaring Electricity Prices
Soaring Electricity Prices Trends in electricity rates 30 Unit: JPY 25 20 FY2024 Approx. 9.00 billion 15 FY2023 8.56 billion 10 FY2022 5.19 billion 5 FY2021 4.41 billion (Electricity charges) 0 17
Slide 18: Change in Product Sales Volume
Change in Product Sales Volume Total of trays/lunchboxes and prepared food containers 2H Plan 1H Result: 98.8% (Initial plan: 101.0%) 104.0% (Year-on-year changes) 1Q 98.4% 2Q 99.2% 120.0 120.0 107.5% 103.6% 103.0% 97.8% 100.6% 100.0 100.0 80.0 80.0 60.0 60.0 40.0 40.0 20.0 20.0 0.0 0.0 通期 通期 通期 通期
Slide 19: Initiatives for Process Centers and Central Kitchens
Initiatives for Process Centers (PC) and Central Kitchens (CK) (3) Compatibility (5) Compatibility (1) Automatic feeder (2) Dishing out (4) Taping task with production line with labels (6) More items per (6) More items per container (7) Compatibility with transportation container The container and t
Slide 20: Lower Operation Costs for Users
Lower Operation Costs for Users Container that reduces tsuma (Shredded radish) Trends in shipments S Stage Tsuma: 80 g Chokakubachi TZ Oct. Feb. Feb. Nov. Dec. Jul. Oct. Jul. Oct. Feb. Jul. Apr. Nov. Dec. Apr. Nov. Dec. Apr. Aug. Sep. May Aug. Sep. May Aug. Sep. May Aug. Sep. Jan. Jun. Jan. Jun. Jan
Slide 21: Reducing Plastic Usage
Reducing Plastic Usage Shukugaoke Hyogaoke (launched) (to be launched at the end of October) Available in To be available 16 sizes in 12 sizes New technology Approx. 60% weight reduction from HIPS (non-foamed) New low- Low-foamed Forming foamed PS HIPS PS sheet technology Patent pending To be applie
Slide 22: Reducing Contract Fees under the Containers and Packaging Recycling Law
Reducing Payment of Contract Fees under the Containers and Packaging Recycling Law Changes in the contract fee per 1 kg (retail) 2020年 2020 2021年 2021 2022年 2022 2023年 2023 34 A: Calculation coefficient (yen/kg) A：算定係数(小売) 0.51655 0.53304 0.52974 0.53799 (retail) 31.20 32 B: Unit cost of recycling 3
Slide 23: Expansion of Frozen Food Market
Expansion of Frozen Food Market Many users are beginning pilot experiments Four possibilities expected from frozen products Operational transformation Loss improvement Seasonal food at anytime Extra outside store sales Sales floor preparations are Opportunity loss, Lock the good flavor of seasonal f
Slide 24: Frozen Food Packaging Materials
Frozen Food Packaging Materials: Standardized Products Enable Immediate Start Eco OPET Multi FP Cold-resistant PPi-talc Cold resistance Cold and heat resistance Strength Optimal Materials Resistant to breakage even in frozen Endures temperatures between -40ºC Equivalent to cold-resistant PP environm
Slide 25: Frozen Prepared Food Development at Supermarkets
Frozen Prepared Food: Development at Supermarkets Started One after Another National brand manufacturers Conventional frozen food Experiments started at PC and CK of Around spring 2023 Around autumn 2023 supermarkets Started with fresh food, Development of which is easy to handle prepared food start
Slide 26: Expansion of Home Meal Replacement Market
Expansion of Home Meal Replacement Market Source: Japan Ready made Meal Association "Ready made Meal White Paper 2023" Trend in Scale of Home Meal Replacement Market Expansion of Unit: billion yen Prepared Food 2025 forecast Home meal Market Home meal (Compared with 2022) replacement market 2022 (Co
Slide 27: Expansion of New Sales Channels
Expansion of New Sales Channels E-commerce site offering packaging materials PackMarket 45000 40000 Sales Sales/Number of registered members 160,000 140,000 Monthly sales: Approx. 120 million yen 35000 30000 Number of registered members 120,000 No. of 14,600 registered items: Approx. 25000 April 202
Slide 28: Eco-Friendly Strategies
Eco-Friendly Strategies i
Slide 29: FPCO Method of Recycling
FPCO Method of Recycling Cleaning and Acceptance and drying Collection Acceptance reproduction Packaging material Consumers Supermarkets wholesalers FPCO Home Sales Delivery Production Replacement of containers with History paper packages Collection bases 1980 Garbage problem in Hiroshima 1990 Boyco
Slide 30: Sales of Eco-friendly Products
Sales of Eco-friendly Products Sales of eco-friendly products FY ended March 2023 Eco product sales 2016 Eco OPET developed 72.4 billion yen Ratio of eco products 2012 Eco APET released to all products By pieces of 46% containers 1992 Eco Trays released Ratio of Eco PET products to all PET products
Slide 31: Collection of Plastic Resources
Collection of Plastic Resources The corresponding values for the number of containers and bottles were calculated based on the following standard Amount of collected containers/ bottles weights. Foamed PS tray: Approx. 4 grams; Transparent container: Approx. 10 grams; PET bottle: Approx. 25 grams Re
Slide 32: Measures against Climate Change by Reducing CO2 Emissions
Measures against Climate Change by Reducing CO2 Emissions Using Eco Products 0 Contribution to reducing CO2 emissions Eco Tray CO2 emissions -30％ 0 (tons) '23/3: 0 170,000 '19/3: tons Eco APET 135,000 0 tons 0 '19/3 '20/3 ’21/3 '22/3 ’23/3 Eco OPET Tray to Tray Supermarkets Wholesalers Consumers Cru
Slide 33: Examples of Posters Displayed at Supermarkets
Examples of Posters Displayed at Supermarkets Posters displayed by the Aeon Group Posters FY ended Feb. 2016 FY ended Feb. 2023 displayed at Approx. 6 690 , CO2 emissions reduced by approx. 5,194 tons in 7 years stores across Japan (As of Sep,2023) 33
Slide 34: Increasing CO2 Reduction Effect through Solar Power Generation
Increasing CO2 Reduction Effect through Solar Power Generation FY ended March 2020 FY ended March 2022 FY ended March 2023 FY ending March 2024 Solar power Mar. Equipment for Kanto Oct. Equipment for Chubu Mar. Equipment for Fukuyama generating Recycling Plant began Recycling Plant began Recycling P
Slide 35: Store-to-Store Recycling
Store-to-Store Recycling Starting and Finishing at the Same Store Trays and PET bottles used at a store are collected at the same store as resources, recycled into food trays and transparent containers, and used again by the same store actively. Supermarkets FPCO Tray to Tray Collected and sold at s
Slide 36: Strengthening Resource Recovery by Users
Strengthening Resource Recovery by Users Company environmental policies (excerpt) Kanto Company A Foamed PS tray collection amount: 10 times more per store compared to FY2020 Strengthening of resource recycling: Started collection of transparent trays, Kanto Company B strengthened PET bottle collect
Slide 37: Results at FRESTA CO.,LTD.
Results at FRESTA CO.,LTD., a Member of CHUGOKU CGC CO.,LTD. Volume of trays Volume of PET Reduction in CO2 collected bottles collected emissions 0.0 180.0 250.0 160.0 0.0 200.0 140.0 0.0 YoY (%) YoY (%) YoY (%) 120.0 0.0 116.9% 100.0 198.8% 150.0 186.7% 0.0 80.0 100.0 0.0 60.0 0.0 40.0 50.0 0.0 20.
Slide 38: Visitors to the Recycling Plants Exceeded 500,000
The Total Number of Visitors to the Recycling Plants Exceeded 500,000 October 2023: Cumulative total number of visitors exceeded 500,000 Commemoration ceremony held 5th graders from Miyuki Elementary School of Fukuyama City Uoriki Co., Ltd. 1990 Acceptance of visitors started More than 20,000 COVID-
Slide 39: Towards Complete Recycling of Polystyrene
Towards Complete Recycling of Polystyrene Color Tray to Tray Color Tray to Tray Tray to Tray Foamed PS container Foamed PS sheet Styrene monomer Cracked petroleum Supermarkets Ethylbenzene Wholesalers ▼ ▼ ▼ Consumers ▼ PS resin Crude oil Benzene Naphtha ▼ ▼ ▼ ▼ ▼ ▼ ▼ Dissolution separation ▼ ▼ ▼ and
Slide 40: Diversification of Materials (1): Biomass plastic products
Diversification of Materials (1): Biomass plastic products Bio-HIPS Bio-PPF Bio-HIPS and Bio-PPF: Released in June 2020 Made from 25% plant derived materials/ Registered with Japan BioPlastics Association CO2 emissions CO2 emissions -5.75% -7.02% 40
Slide 41: Diversification of Materials (2): Paper products
Diversification of Materials (2): Paper products Addition of sizes of paper trays NEW A13-27 A12-27 A17-27 A20-27 + Launched February 2023 A15-27 23-23(25) Paper-bowl Series Paper lunchbox Sushi containers (bamboo paper) (bamboo paper) Adopted by a U.S. supermarket. Released as standard products in
Slide 42: Diversity Management Making Maximal Use of Capabilities
Diversity Management Making Maximal Use of Capabilities Molding, assembly, Attempts to expand occupational Used food trays, Sorting plant transparent containers Manufacturing inspection, and packaging of food trays domains General factories and logistics sites in the Special subsidiary (FPCO Ducks C
Slide 43: Support for Customers in Employment of People with Disabilities
Support for Customers in their Employment of People with Disabilities With FPCO’s support, employment was created for 760 people at 52 locations mainly at customers’ workplaces As of March 2023 Seasoning prepared meat Processing agricultural products Inspecting and weighing fruits and Processing pre
Slide 44: FP Corp. Environment Fund
FP Corp. Environment Fund 1990 The FPCO method of recycling starts. Mar. 2020 The FP Corp. Environment Fund is established. The Group begins to subsidize organizations which act to resolve future social issues. Subsidization made in the past FY ended March 2021: 10 organizations FY ended March 2022:
Slide 45: ESG Assessments by External Rating Agencies
ESG Assessments by External Rating Agencies (As of October 2023) ✓ Climate change: Ratings ✓ Low Risk maintained FY2022:Rated as A－ in 2023 rating (FY2021: Rated as B) ✓ Selected for five ✓ Selected for three consecutive years consecutive years since 2019 since 2021 Index ✓ Selected for five ✓ Selec
Slide 46: Strategic Investment Stable Supply
Strategic Investment Stable Supply
Slide 47: Strategic Investment
Strategic Investment Unit: billion yen Ordinary profit before depreciation Capital Investments 29.8 30.8 23.3 23.3 21.0 23.3 20.2 19.4 12.5 12.4 15.0 14.0 12.2 13.0 9.0 '10/3 '11/3 '12/3 '13/3 '14/3 '15/3 '16/3 '17/3 '18/3 '19/3 '20/3 '21/3 '22/3 '23/3 '24/3Plan Annual investment of approx. 20.0 bil
Slide 48: New Bases in Kansai
New Bases in Kansai (Kansai Plant and Kansai Hub Center) Transfer 30% of logistics and production capacity ✓ Shorter shipping distances ✓ Response to 2024 issues (Driver shortages + upper limit on overtime work) Ono, Fukuyama, Hyogo Pref. ✓ Reduced need-to-transfer Hiroshima goods between bases Pref
Slide 49: Nationwide Logistics Network
Nationwide Logistics Network Completed a network which has 85% of the total population, including the populations of Hokkaido major cities, within a 100 km radius of the bases Tohoku Chubu Kansai Kanto Hachioji Tokai Kyushu Fukuyama 49
Slide 50: Supply Chain Management (SCM) System
Supply Chain Management (SCM) System Sales Stable supply for supporting safe, Sales plan AI secure dietary life ✓ A lineup of approx. 10,000 items SCM ✓ Maintenance of an appropriate inventory level Inventory transfer plan Production plan Inventory data Metal mold moving ✓ Using AI to improve the pr
Slide 51: Stable Supply: Number of Cases of Stockout
Stable Supply: Number of Cases of Stockout Year-end GW Bon holidays 25 holidays 20 15 September 2016 - 10 5 0 25 20 15 September 2017 - 10 5 0 25 20 15 September 2018 - 10 5 0 25 20 15 September 2019 - 10 5 0 25 20 15 September 2020 - 10 5 0 25 20 15 September 2021 - 10 5 0 25 20 September 2022 - 15
Slide 52: Maintenance of an Appropriate Inventory Level with SCM
Maintenance of an Appropriate Inventory Level with SCM Inventory control made in Improved asset response to growth in quantity efficiency FY ended March 2023 (Compared with FY ended March 2014) 133.9% 30,000 2.20 2.00 25,000 1.80 Sales quantity 20,000 1.60 1.40 1.62 1.56 1.50 15,000 Inventory 1.20 K
Slide 53: Actions for Suppressing Soaring Logistics Expenses
Actions for Suppressing Soaring Logistics Expenses Ratio of private services September 2023 97.7％ (Sai* per truck) * 1 1st half of FY2024 Compared with the Sai ≈ 0.0278m3 Sai is Japanese logistics unit. Loading efficiency per truck 111.0% level in 1st half of FY2016 1,466 1,467 1,467 FY ending 1,453
Slide 54: Initiatives to Improve Loading Efficiency
Initiatives to Improve Loading Efficiency Steady efforts to load as many cases as possible (1) Cargo bed measurement and consideration of loading capacity (2) Actual loading (4) Master registration and verification (3) Post-loading check 54
Slide 55: Distribution Quality
Distribution Quality Accuracy to deliver at the specified time Asking drivers at reception - Traffic and waiting conditions Estimated time of arrival at the time of delivery - Requests such as delivery Within ±15 routes Reconsider delivery routes 86% minutes with team members - Accompany delivery dr
Slide 56: Investment in Human Resources (1): Automation Equipment
Investment in Human Resources (1): Personnel and Labor Saving by Introducing Automation Equipment Effects of automation ✓ Reducing labor for simply moving goods ✓ Improvement of work environment ✓ Lightening heavy work ✓ Expansion of occupational domains ✓ Reducing labor for frequent tasks ✓ Transfe
Slide 57: Investment in Human Resources (2): Development of Working Environment
Investment in Human Resources (2): Development of Working Environment PicoHouse dormitories for single employees Group homes for people with disabilities No. 5 20 units 140 units Completed in September 2022 Completed in April 2020 Location: Ono, Hyogo Pref. Location: Fukuyama, Hiroshima Pref. PicoHo
Slide 58: Investment in Human Resources (3): Improving Treatment of Personnel
Investment in Human Resources (3): Improving the Treatment of Production and Logistics Division Personnel FY ended March 2019 ✓ Expansion of retirement benefit system FY ended March 2021 ✓ Improvement of salary levels (revision of late-night work allowances, etc.) FY ending March 2024 Initiatives fo
Slide 59: Growth Strategy
Growth Strategy i
Slide 60: Growth Strategy
Growth Strategy Long-term target Sales 300.0billion yen Ordinary profit 30.0billion yen 00 Goods Plan for ‘24/3 Overall packaging Sales 221.3billion yen +60.0 billion materials Ordinary profit 18.0billion yen 00 Products New markets (delivery, food service, frozen food, etc.) +40.0 billion Market sh
Slide 61: Initiatives for Expanding Product
Initiatives for Expanding Product Continuing to improve the ability to propose solutions on sales floors and release original products and new products 300,000 12.0 Net sales (million yen) 10.3％ Ordinary profit ratio (%) Expansion of eco-friendly products 250,000 10.0 9.1％ ✓ Social implementation of
Slide 62: Investment to Make LSSPI an Equity-Method Affiliate
Investment to Make LSSPI an Equity-Method Affiliate Company name Lee Soon Seng Plastic Industries Sdn. Bhd. Manufacture and sale of simplified food containers. Malaysia's largest company engaging in this business. Ref) Financial results of SCGM Bhd. for the fiscal year ended Apr. 30, 2022 Net sales:
Slide 63: State of LSSPI Initiatives
State of LSSPI Initiatives Step 1 Three-year plan:double productivity - FPCO know-how speeds up molding operations - Automation and labor saving Myanmar Laos Vietnam Thailand Step 2 Cambodia Philippines Gaining overwhelming market share in Malaysia and Singapore Malaysia LSSPI ★ Singapore Step 3 Ind
Slide 64: Joined by APEX as a New Group Company (1)
Joined by APEX as a New Group Company (1) Company name APEX Corporation Established February 8, 1974 Shohei Murai, President Representative Toru Kamezawa *Appointed on September 29, 2023 (Former director of FPCO International Package) Wholesale of various packaging Business outline materials, etc. N
Slide 65: Joined by APEX as a New Group Company (2)
Joined by APEX as a New Group Company (2) FPCO Group’s infrastructure (1)Mission-critical system for dealers (Introduced by 6 dealers nationwide/Being introduced by 1 dealer) (2)Logistics infrastructures including DC and PC E-commerce site offering packaging materials ● (3)PackMarket FPCO Internatio
Slide 66: Cash Generation
Cash Generation Cash flows from operating activities at 23.6 billion yen /year (in the last 8 years). 350 Cash flows from operating activities (Unit: billion yen) 31.8 300 27.8 25.9 25.5 250 23.1 20.8 20.1 200 150 14.0 100 50 0 3/2016 3/2017 3/2018 3/2019 3/2020 3/2021 3/2022 3/2023 ■ Details (Unit:
Slide 67: Financial Strategy
Financial Strategy ⚫ Utilizing cash from operating activities for capital investments and M&A, which target future growth and stable supply, as well as for shareholder return ⚫ Utilizing borrowings while considering financial safety Cumulative totals for 3 years ('21/3 to '23/3) Capital investment O
Slide 68: Capital Investments and M&A
Capital Investments and M&A Capital investments and M&As in the last 3 years Future direction 37.7 billion yen ⚫ Capital investments will be continued with an LSSPI average annual amount of 20.0 billion yen. 6.9 billion yen 20.7 billion yen ⚫ Dissolution & separation recycling and chemical Sekisui H
Slide 69: Shareholder returns
Shareholder returns ⚫ Paying dividends continuously and consistently with a target consolidated payout ratio of 30% Increasing EPS to increase dividends ⚫ Regarding the acquisition of treasury shares, agile and flexible returns will be considered while maintaining financial soundness and taking in
Slide 70: To Increase Corporate Value
To Increase Corporate Value “Reliably deliver the most environmentally friendly products of the highest quality at the most competitive prices whenever they are needed.” Marketing Product development IT capability systems Sales force The FP Corporation Value Chain that keeps creating value Recycling
Slide 71: Supporting Data
Supporting Data
Slide 72: Explanation of Terms
Explanation of Terms PS Polystyrene PET Polyethylene Terephthalate PP Polypropylene A recycled expanded polystyrene container for which polystyrene containers collected at supermarket shop counters and scrap pieces Eco trays collected within plants are used as raw materials (sales commenced in 1992)
Slide 73: World's First Sheets and Materials
World’s First Sheets and Materials PP: polypropylene PS: polystyrene PSP: foamed polystyrene Easy to mold Heat-resistant: +110ºC High oil resistance PPi-talc Low raw material ratio ☆ The same strength Weight reduction is possible Difficult to foam and to reduce High insulation the weig
Slide 74: Trends in Results (1)
Trends in Results (1) * Changed to the Accounting Standard for Revenue Recognition in FY ended Mar. 2022. Retrospectively applied for FY ended Mar. 2021. Million yen FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 Net sales 170,292 172,858 173,580 181,171 186,349 187,509 195,700 211,285 Oper
Slide 75: Trends in Results (2)
Trends in Results (2) * Changed to the Accounting Standard for Revenue Recognition in FY ended Mar. 2022. Retrospectively applied for FY ended Mar. 2021. Million yen ROE Net sales 221,300 ROA Ratio of ordinary profit to net sales 211,285 195,700 187,509 181,171 186,349 11.5% 172,858 173,580 170,292
Slide 76: Factors influencing Ordinary Profit
Factors influencing Ordinary Profit Unit:100 million yen '17/3 '18/3 '19/3 '20/3 '21/3 '22/3 '23/3 '24/3Plan '03/3 '04/3 '05/3 '06/3 '07/3 '08/3 '09/3 '10/3 '11/3 '12/3 '13/3 14/3 15/3 16/3 1st 2nd Full 1st 2nd Full 1st 2nd Full 1st 2nd Full 1st 2nd Full 1st 2nd Full 1st 2nd Full 1st 2nd Full half h
Slide 77: Trends in Capital Investment and R&D Costs
Trends in Capital Investment and R&D Costs FY ending FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended FY ended March 2024 March 2003 March 2004 March 2005 March 2006 Mar
Slide 78: Trends in Food Container Market
Trends in Food Container Market Food manufacturers Supermarkets Convenience stores Frozen foods (for ready-to-eat meals) Net sales of the Takeout and Hospitals/ Nursing care FPCO Group delivery facilities M&A Eco-friendly products and lightweight products Eco trays Original products Labor shortage T
Slide 79: Nationwide Production and Logistics Network
Nationwide Production and Logistics Network FPCO can produce and deliver on an area-specific basis ● Hokkaido Plant Completed a network which has 85% of the total ● Hokkaido Distribution Center/ Picking Center population, including the populations of major cities, ● Hokkaido Volume Reduction Center
Slide 80: Ocean Plastic Pollution: Trends in the World and Japan
Ocean Plastic Pollution: Trends in the World and Japan Global trends Trends in Japan Notification of waste import restrictions 2017 China to WTO 2018 G7 Ocean Plastics Charter 2019 MOE Comprehensive strategy for plastic material recycling (Excerpt of milestones) - Reusing and recycling 60% of contai
Slide 81: Strategy for Plastic Material Recycling by the Ministry of the Environment
Strategy for Plastic Material Recycling by the Ministry of the Environment (Rough Plan) Strategy for Plastic Material Recycling Ocean Plastics Charter endorsed at by the Ministry of the Environment Charlevoix G7 Summit in Canada (Rough Plan): Milestone We aim to reduce emissions of single-use plasti
Slide 82: Collaboration with Related Ministries, Agencies and Organizations
Collaboration with Related Ministries, Agencies and Organizations Actions of related ministries, agencies and organizations FPCO’s involvement ● Plastic resources recycling strategy Participation in a subcommittee as an industrial Presentation on Japan’s plastic resource recycling strategy planned
Slide 83: Information on Facility Tours
【Accepted at any time】 Information on Facility Tours Corporate Planning Department: 03-5325-7756 Visitors can view state-of-the-art production , logistics , and recycling 30 minutes drive 20 minutes drive from Kanto Chubu JR Central from JR East Koga Station Gifu-Hashima Station production logistics