FP Corporation · TSE:7947
FP — H1 FY2023 Earnings Presentation
81 slides from FP's earnings presentation, Nov 4, 2022
Slide 1: Financial Results for the Six Months Ended September 30, 2022
Financial Results for the Six Months Ended September 30,2022 FP Corporation November 4, 2022 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, 2022
Financial Results for the Six Months Ended September 30, 2022 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, 2022) 1st half Performance 1 st half projections Full year projections FY ended March 2022 FY ending March 2023 FY ending March 2023 FY ending March 2023 Increase/ Year-on Progress Progress Unit: million yen Performance Percentage Per
Slide 6: Results for Increase/Decrease in Ordinary Profit
Results for Increase/Decrease in Ordinary Profit (For the Six Months Ended September 30, 2022) Unit: billion yen Fiscal year ended March 2022 16.70 1st half 8.91 2nd half 7.79 Plan(original) -2.44 The Price of Material difference and Electricity Rates +1.01 * Including the impact of revisions to pro
Slide 7: Outlook for Increase/Decrease in Ordinary Profit
.0 Outlook for Increase/Decrease in Ordinary Profit 50.0 100.0 150.0 200.0 Outlook（Oct.30） Unit: billion yen Fiscal year ended March 2022 16.70 1st half 8.91 2nd half 7.79 Plan(original) st Changes in the -1.10 The Price of Material 1 half difference difference 2nd half outlook and Electricity Rates
Slide 8: Capital Investments and R&D Costs
Capital Investments and R&D Costs (Result for the Six Months Ended September 30, 2022) 1st half performance 1 st half projections Full year projections FY ended March 2022 FY ending March 2023 FY ending March 2023 FY ending March 2023 Progress Progress Increase / decrease Unit: million y en Performa
Slide 9: Balance Sheet
Balance Sheet (Result for the Six Months Ended September 30, 2022) Previous consolidated First half of the consolidated fiscal year fiscal year FY ended March 2022 FY ending March 2023 Increase/ Year-on- Breakdown of As of March 31,2022 As of September 30,2023 Unit: million yen decrease year main in
Slide 10: Cash Flows
Cash Flows (Result for the Six Months Ended September 30, 2022) Results for 1st half FY ended March 2022 FY ending March 2023 Unit: million yen Performance Performance Breakdown of main items Profit before income taxes 6,137 Depreciation 7,027 CF from operating activities 9,274 6,785 Decrease (incre
Slide 11: To Increase Corporate Value
To Increase Corporate Value Chairman, Representative Director and Group Representative Morimasa Sato
Slide 12: Contents
Contents ・ Raw Material Prices ／Price Revision ・ Market Conditions ・ Eco-Friendly Strategies ・ Stable Supply ・ Strategic Investment ・ Growth Strategy 12
Slide 13: Raw Material Prices Price Revision
Raw Material Prices Price Revision
Slide 14: Sharp Rises in Raw Material Prices
Sharp Rises in Raw Material Prices FY ended March 2021 FY ended March 2022 FY ending March 2023 As of Nov. 2022 86,100 81,400 1750 80,000 1550 70,000 60,700 1,290 1350 60,000 Domestically produced 50,000 44,800 47,700 1150 Naphtha equivalent 895 (yen/KL) 40,000 1,195 950 25,000 750 30,000 145~150 Be
Slide 15: Price Revision
Price Revision FY ended March 2022 FY ending March 2023 3Q 4Q 1Q 2Q First product Presentation price Prices revised one by one of estimates revisions Announced on Oct. 29 Second Increases of at least 10% were applied, product Presentation Prices revised starting from products shipped on Dec. 1. pric
Slide 16: Rising Electric Power Prices
Rising Electric Power Prices 3/2023 Initial forecast: +1.7 billion 3/2022 3/2021 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. 16
Slide 17: Proposals for Having Customers' Products Sell Well
Proposals for Having Customers' Products Sell Well Effect Function Emphasizing that the Reduction of operation costs food is in season Tapeless Freshness Preventing movement of food items inside A voluminous appearance Transportation efficiency and compatibility with Finished appearance production l
Slide 18: Market Conditions
Market Conditions FPCO
Slide 19: Trends in the Fresh Food Segment
Trends in the Fresh Food Segment Source: Japan Supermarkets Association (all stores, net sales) 2020年3月期 FY ended March 2020 2021年3月期 FY ended March 2021 2022年3月期 FY ended March 2022 2023年3月期 FY ending March 2023 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Emergency 埼玉 Semi-emergency Semi-emergency Sa
Slide 20: Expansion of the Market for Takeout and Delivered Food
Eating out Source: Japan Ready made Meal Association "Ready made Meal White Paper 2021" Expansion of the Market for Takeout and Delivered Food Source: Fuji Keizai, Gaishoku Sangyo Marketing Binran 2021 Home meal Eating out Eating out replacement 18.2 at home Approx. trillion yen （2020） Size of the t
Slide 21: Expansion of New Sales Channels
Expansion of New Sales Channels E-commerce site offering packaging materials PackMarket 35000 Sales/Number of registered members 140,000 Monthly sales: Approx. 120 million yen 120,000 13,300 30000 Sales No. of Number of registered members registered items: Approx. 25000 100,000 20000 April 2020 Stat
Slide 22: Expansion of New Sales Channels
Eating out Expansion of New Sales Channels FP Trading FPCO Miyako Himo Product merchandising and Ability to sell products procurement to packaging material wholesalers and users capabilities Effective date of the merger July 1, 2022 • Improving the ability to sell materials and consumables • Strengt
Slide 23: Expansion of Frozen Food Market
Expansion of Frozen Food Market Source: Japan Frozen Food Association Gyokai Doko Search (industry trend search) (https://gyokai-search.com/3-chilled-food.html) Domestic production of frozen food 2021 (for households) in monetary terms 391.9 Improved freezing billion yen 450,000 400,000 technologies
Slide 24: Optimal packaging forms
Expansion of Frozen Food Market 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 environments and +110ºC Environmental considerations T
Slide 25: Reducing plastic usage while maintaining the strength
Cold-resistant PPi-talc Reducing plastic usage while maintaining the strength Pasta container Container strength (N) Plastic usage (g) 200 18 180 16 160 Plastic usage 14 Approx. 140 -40% 12 120 10 100 17.7 174 172 8 80 170 6 11.6 60 10.6 40 4 20 2 0 0 Cold-resistant Cold-resistant Cold-resistant Col
Slide 26: Eco-Friendly Strategies
Eco-Friendly Strategies ir FPCO
Slide 27: FPCO Method of Recycling
FPCO Method of Recycling Packaging material Consumers Supermarkets wholesalers History Replacement of 1980 Garbage problem in Hiroshima containers with Collection paper packages Initially bases 1990 1990 Boycott against McDonald’s in the U.S. Launch of recycling with FPCO method 6 stores Start from
Slide 28: Having Eco Products Appeal to Consumers (1)
Having Eco Products Appeal to Consumers (1) Sales floor Companies having their use of eco products appeal to customers on sales floors (As of Oct. 2022) 4,410 stores of 151 companies Companies considering having their use of eco products appeal to customers on sales floors 63 companies Targets 7,000
Slide 29: Having Eco Products Appeal to Consumers (2)
Having Eco Products Appeal to Consumers (2) Eco Mark and "Recycled from PET bottles" engraved on eco products to facilitate identification for eco products Eco Tray Eco APET / Eco OPET Engraved on all Eco Trays To be engraved on other products, one by one, starting from hot sellers 29
Slide 30: 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. Foam tray: Approx. 4 grams; Transparent container: Approx. 10 grams; PET bottle: Approx. 25 grams Results
Slide 31: For Greater Volumes and Higher Quality
For Greater Volumes and Higher Quality Requesting stores to set up collection boxes Collection points Transparent containers PET bottles Approx. 10,300 sites Collection points of transparent Food trays containers included in the above Approx. 5,500 sites (As of September 30, 2022) Awareness-raising
Slide 32: Tackling Climate Change by Reducing CO2 Emissions Using Eco Products
Tackling Climate Change by Reducing CO2 Emissions Using Eco Products CO2 emissions Eco Tray Eco APET -30％ Eco Tray Effect of Recycling on Effect of Recycling on CO₂ Emissions CO₂ Emissions Material Material manufacturing manufacturing Material Material manufacturing manufacturing Product Product In
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. 2021 displayed at CO2 emissions Approx. 6,120 reduced by approx. 6,250 tons in 5 years stores across Japan (As of Sep 2022) 33
Slide 34: Increasing CO2 Reduction Effect through Collaboration in Solar Power Generation
Increasing CO2 Reduction Effect through Collaboration in Solar Power Generation Virgin trays Eco trays After the system for After the system for After the system for Kanto Recycling Plant Chubu Recycling Plant Fukuyama Recycling Effect of recycling on CO2 emissions begins operating begins operating
Slide 35: Declaration of Support for the TCFD Recommendations
Declaration of Support for the TCFD Recommendations TCFD: Task Force on Climate-related Financial Disclosures The TCFD is a special organization that was established by the Financial Stability Board in response to a request from the G20. It recommends that companies and other entities disclose infor
Slide 36: Quantitative Environmental Goals Set by Retail Companies
Quantitative Environmental Goals Set by Retail Companies (Research by Of 184 subjects, 78 companies have set quantitative environmental goals. FP Corporation in Jul. 2022) Choosing environmentally Reducing CO2 emissions Reducing plastic usage Reducing food loss friendly materials Achieving net zero
Slide 37: Diversification of Materials and Research into Recycling Technologies
Diversification of Materials and Research into Recycling Technologies New materials Biomass-based plastics Paper pulp mold (Plant-derived materials) Recycling technologies Material Chemical recycling recycling 37
Slide 38: CO2 Reduction with Biomass-based Plastic Products
CO2 Reduction with Biomass-based Plastic Products Bio-HIPS and Bio-PPF: Released in June 2020 CO2 reduction effect Made from 25% plant derived materials/ Registered with Japan BioPlastics Association 3.68% of the entire lifecycle Disposal/recycling stage Bio-HIPS Comparison of CO2 Emissions for Petr
Slide 39: Development of Paper Trays and Paper Containers
Development of Paper Trays and Paper Containers Waterproof and Uses FSC®-certified paper oilproof FSC®CoC certification (FSC®C163782) Paper already obtained at all offices and paper tray trays production plant Supports wrapping machines ※Mix label：This product is made of material from well-managed,F
Slide 40: Development of Paper Trays and Paper Containers
Development of Paper Trays and Paper Containers Addition of 3 sizes of paper trays Released in September A12-27 A13-27 A20-27 A15-27 A17-27 * The width of all the trays is 196 mm. Launch of sushi containers (bamboo paper) in 2 sizes It has been decided that these trays will be used by a U.S. superma
Slide 41: Considering Collaborating with DIC Corporation to Realize Chemical Recycling
Considering Collaborating with DIC Corporation to Realize Chemical Recycling Good points of material recycling Simple recycling process with low energetic load Material recycling Styrene monomer Cracked petroleum PSP container Supermarket Consumers Ethylbenzene Wholesaler PSP sheet PS resin Crude oi
Slide 42: Collaboration with DIC under Consideration: Dissolution and Separation Recycling
Collaboration with DIC under Consideration: Dissolution and Separation Recycling Collection - Pelletization Various recycling methods Reuse Material recycling Non-tinted White trays PS pellets Eco trays DIC Dissolution and separation Colored and Black PS recycling Recycled PS (Dic method) pellets Ec
Slide 43: Diversity Management Making Maximal Use of Capabilities
Diversity Management Making Maximal Use of Capabilities Used food trays, Molding, assembly, Sorting plant transparent containers, and PET bottles Manufacturing inspection, and packaging of food trays Attempts to expand occupational domains General factories and logistics sites in Special subsidiary
Slide 44: Support for Customers in their Employment of People with Disabilities
Support for Customers in their Employment of SDGs People with Disabilities With FPCO’s support, employment was created for 760 people at 51 locations mainly at customers’ workplaces As of September 2022 Seasoning prepared meat Processing agricultural products Inspecting and weighing fruits and Proce
Slide 45: Floor Hockey Activity: Interactions between People with and without Disabilities
Floor Hockey Activity: Interactions between People with and without Disabilities 17th National Floor Hockey Competition Award, certification, and registration for Floor Hockey Activity ■ Mar. 2019 (Tokyo) Barrier-free Minds Support Company Registration ■ Dec. 2018 (Japan Sports Agency) Continued to
Slide 46: Creation of the FP Corp. Environmental Fund
SDGs Creation of the FP Corp. Environmental Fund 1990: The FPCO method of recycling starts. To date, recycling activities have continued for approx. 30 years Mar. 2020: The FP Corp. Environment Fund is established. The Group begins to subsidize organizations which act to resolve future social issues
Slide 47: Donations to Children's Cafeterias Nationwide
SDGs Donations to Children's Cafeterias Nationwide Donation of simple food containers Donated to: Children’s cafeterias all over Japan supported by Zenkoku Kodomo Shokudo Shien Center Musubie, an NPO which supports children’s cafeterias all over the country, and local networks of children’s cafeteri
Slide 48: ESG Evaluation
SDGs ESG Evaluation Continuously selected to be a constituent of the FTSE4Good Index Series and the FTSE Blossom Japan Index, which are ESG indexes (June 2021) Selected for the first time to be a constituent of the FTSE Blossom Japan Sector Relative Index (March 2022) Indexes developed by FT Russel
Slide 49: Stable Supply
Stable Supply ir
Slide 50: Stable Supply – Supporting Safe, Secure Dietary Life
Stable Supply – Supporting Safe, Secure Dietary Life Maintenance of an A lineup of approx. 12,000 items appropriate inventory level Maintenance of an appropriate inventory level Salespeople Sales forecast Logistical bases Supply Chain Production plants Informing about Management System the logistics
Slide 51: Stable Supply -- Number of Cases of Stockout
Stable Supply -- Number of Cases of Stockout Year-end GW Bon holidays holidays 25 September 2016 - 20 15 10 5 0 25 September 2017 - 20 15 10 5 0 25 September 2018 - 20 15 10 5 0 25 September 2019 - 20 15 10 5 0 25 September 2020 - 20 15 10 5 0 25 September 2021 - 20 15 10 5 0 25 September 2022 - 20
Slide 52: Actions for Suppressing Soaring Logistics Expenses
Actions for Suppressing Soaring Logistics Expenses (Distribution of Sales) Increase ratio of private services September, 2022 97.7％ 111.0％ 1st half of FY2022 Increase load efficiency per truck Compared with the level in 1st half of FY2015 (Sai* per truck) * 1 sai = 0.027826474 m 3 ＜load efficiency p
Slide 53: Strategic Investment
Strategic Investment FPCO
Slide 54: FPCO's Strategic Investment
FPCO’s Strategic Investment Unit: billion yen Ordinary profit before depreciation and amortization Capital Investments 33.0 29.0 20.0 23.0 23.0 21.0 23.0 19.0 12.0 12.0 15.0 14.0 12.0 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 '23/3plan '24/3Outlook Annual inve
Slide 55: Start of Operation of Chubu Plant I
Start of Operation of Chubu Plant I Commencement of operation: May 2022 Investment: 8,530 million yen (After reduction entry 6,301 million yen) Total floor area: 20,810.61 m2 Latest automated equipment introduced Acceptance of Supply to the Molding Packaging Warehousing raw materials production line
Slide 56: New Bases in Kansai
New Bases in Kansai (Kansai Plant and Kansai Hub Center) Completed a network which has 70% of the total population, including the populations of major cities, within a 150 km radius of the bases Hokkaido Tohoku Kansai Chubu Building completion: Sept. 2022 Kanto Start of operation scheduled: Feb. 202
Slide 57: Acquisition of a Site to Build a Plant and Distribution Center in Ibaraki
Acquisition of a Site to Build a Plant and Distribution Center in Ibaraki Kanto Shimodate Plant (Chikusei-shi) Chikusei Plant (Chikusei-shi) Kanto Plant, Kanto Eco PET Plant, Kanto Recycling Plant Kanto Yachiyo Plant, and Kanto Hub Center (Yachiyo-machi) Bando Inter Industrial Park (Bando-shi) Kanto
Slide 58: Investment in Human Resources (1): Automation
Investment in Human Resources (1):Automation Manufacturing Division Logistics Division Labor reduction equal to approx. Labor reduction 247 workers Reducing labor with equal to approx. 3/2022 Unmanned transfer on the unmanned, laser-guided same floor in a warehouse, operations for transferring Labor
Slide 59: Investment in Human Resources (2): Development of Working Environment
Investment in Human Resources (2): Development of Working Environment PicoHouse dormitories Group homes for people with for single employees disabilities No. 5 Floor plan: First floor 140 units 20 units Shared space To be used for study support, support for therapeutic education, etc. by the local c
Slide 60: Growth Strategy
Growth Strategy
Slide 61: FPCO Growth Strategy
FPCO Growth Strategy 300.0billion yen Long-term target Sales Ordinary profit 30.0billion yen 3,000 Commodities Overall packaging Plan for ‘23/3 +60.0 billion materials 212.0billion yen 2,500 Sales Products New markets Ordinary profit 17.0billion yen (delivery, food service, frozen food, etc.) +40.0
Slide 62: Investment to Make LSSPI an Equity-Method Affiliate <Overview>
Investment to Make LSSPI an Equity-Method Affiliate <Overview> Company name Lee Soon Seng Plastic Industries Sdn. Bhd. Business outline 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 en
Slide 63: Investment to Make LSSPI an Equity-Method Affiliate <Benefits>
Investment to Make LSSPI an Equity-Method Affiliate <Benefits> Southeast Asia Population increase and Expanding market of functional containers economic growth Production at a All things to manage are single plant within sight. (Relocated to a new plant in 2019) Plenty of space Productivity can be i
Slide 64: Pico-saurus 60th Anniversary Mascot Character
60th Anniversary Mascot Character Solicited from FPCO Group employees and their families Number of voters in the Group-wide selection Total number of applications: 983 4,641 Personality and characteristics ⚫ 100,000,005 years old ⚫ Loves clean trays ⚫ The four arrows on the tummy signifies the unity
Slide 65: To Increase Corporate Value
To Increase Corporate Value “We ensure that we reliably deliver the most environmentally friendly products of the highest quality at the most competitive prices whenever they are needed.” Product Marketing development IT capability systems Solution proposal The FP Corporation Value Chain capability
Slide 66: Supporting Data
Supporting Data
Slide 67: Explanation of terms
Explanation of terms PS ： Polystyrene PET ： Polyethylene terephthalate PP ： Polypropylene Multi FP (MFP) ： An formed PS (polystyrene) container with cold and heat resistance to temperatures between -40ºC and +110ºC and with superior oil and acid resistance and thermal insulation (sales commenced in
Slide 68: 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 Foam is hard and resistant to High insulation weight red
Slide 69: 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 Plan '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 half half year half half
Slide 70: 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 March 2023 March 2003 March 2004 March 2005 March 2006 March 2007 M
Slide 71: Changes in the Number of Households
Changes in the Number of Households One-person households Couple-only households Households of single parents with children Households of couples with children Ratio of households with Other general households one person and couples 0 10,000 20,000 30,000 40,000 50,000 aged 65 or older Component rat
Slide 72: Trend in Scale of Home Meal Replacement Market
Trend in Scale of Home Meal Replacement Market Trillion yen 10.1 10.1 10.3 10.3 9.8 9.8 Cooking at home: 9.3 9.6 FY2021 8.4 8.7 8.9 Approx. 36.8 trillion yen 7.9 8.2 8.1 8.1 7.2 7.6 7.8 Home meal Eating out: replacement Approx. 18.2 trillion yen Approx. 10.1 trillion yen Major food manufacturers 200
Slide 73: Expanding Market
Expanding Market Net sales of the FPCO Group Convenience Food manufacturers Restaurants Mostly supermarkets (home delivery/takeout meals) stores (for home meal replacement) Food service/Nursing-care Prepared food stores facilities Frozen food manufacturers Original products Trays with lids New noodl
Slide 74: Nationwide Production and Logistics Network
Nationwide Production and Logistics Network Production plant 19 sites FPCO can produce and deliver on an area-specific basis Distribution Center 8 sites Completed a network which has 70% of the total population, including Picking Centers 10 sites the populations of major cities, within a 150 km radi
Slide 75: Capital Investment and Cash Flows
Capital Investment and Cash Flows Cash flows from operating activities Billion yen 60 0.15 12.8% 12.5% 12.0% 12.0% 11.5% 10.1% 10.0% Capital investment: 50 10.6% 8.9% 9.4% ROE 0.1 Goal of 18 to 25 billion yen 9.1% 7.8% 7.7% Enhance the system for supplying high value-added products from the perspect
Slide 76: Governance structure
Governance structure Unit: People 2019.6 2020.6 2021.6 2022.6 組織形態 Form Organization 監査等委員会設置会社 Company with an Audit & Supervisory Committee 取締役 Total 総数 Number of the Directors 17 17 18 17 うち、独立社外取締役 Number of independent outside 2 3 4 6 directors included in the above （構成比） (Percentage) 11.8% 17.
Slide 77: Investment in Recycling and Ratio of Eco Products
Investment in Recycling and Ratio of Eco Products Eco OPET developed Sales shares of eco products Eco product sales for FY ended March 2022 63.6 billion yen Eco APET released Eco Trays only ‘22/3 Ratio of eco products to all products On quantity basis, full year ‘13/3 24％ 44％ Ratio of Eco PET and OP
Slide 78: 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 79: 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 80: 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 81: Information on the Facility Tour
Contact: Takashima at the Corporate Planning Department 【 Information on the Facility Tour 】 (TEL)+81-3-5325-7756 (MAIL)ir_7947@fpco-net.co.jp at a convenient time for you. An opportunity to take a look at the state-of-the-art Production, Distribution, Recycling operations Kanto 30 minutes from Koga