Fp Corporation · TSE:7947
Fp — H1 FY2022 Earnings Presentation
97 slides from Fp's earnings presentation, Nov 4, 2021
Slide 1: Financial Results for the Six Months Ended September 30, 2021
Financial Results for the Six Months Ended September 30,2021 FP Corporation November 4, 2021 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 President and Representative Director Morimasa Sato . . . 15 ◆ Supporting Data . . . 81 FP Corporation ・
Slide 4: Financial Results
Financial Results for the Six Months Ended September 30, 2021 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, 2021) Full year Full year 1st half Performance 1st half projections projections(original) projections (revised) Record high FY ended March 2021 FY ending March 2022 FY ending March 2022 FY ending March 2022 FY ending March 2022 Highes
Slide 6: Results for Increase/Decrease in Ordinary Profit
Results for Increase/Decrease in Ordinary Profit (For the Six Months Ended September 30, 2021) Unit: billion yen 0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 180.0 200.0 前年 Fiscal year ended March 2021 19.38 1st half 8.56 2nd half 10.82 -0.99 The Price of Plan(original) difference 原料 Material -0.
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.29) Unit: billion yen Fiscal year ended March 2021 19.38 1st half 8.56 2nd half 10.82 Plan(original) Changes in the 1st half difference difference 2nd half outlook -4.00 The Price of -2.20 -0.19 -2.01 Material （1s
Slide 8: Capital Investments and R&D Costs
Capital Investments and R&D Costs (Result for the Six Months Ended September 30, 2021) 1st half performance 1st half projections Full year projections FY ended March 2021 FY ending March 2022 FY ending March 2022 FY ending March 2022 Increase / Progress Progress Unit: million yen Performance Perform
Slide 9: Balance Sheet
Balance Sheet (Result for the Six Months Ended September 30, 2021) Previous consolidated First half of the consolidated fiscal year fiscal year FY ended March 2021 FY ending March 2022 Increase/ Year-on- Breakdown of As of March 31,2021 As of September 30,2022 y ear Unit: m illion y en decrease main
Slide 10: Cash Flows
Cash Flows (Result for the Six Months Ended September 30, 2021) Results for 1st half FY ended March 2021 FY ending March 2022 Unit: million y en Performance Performance Breakdown of main items Profit before income taxes 8,554 Depreciation 6,725 Loss on tax purpose reduction entry of 2,229 CF from op
Slide 11: Original Plan for the Fiscal Year Ending March 2022
Original Plan for the Fiscal Year Ending March 2022 FP Corporation ・
Slide 12: Outline of Plan for Account Settlement
Outline of Plan for Account Settlement (For the FY Ending March 2022 ) Results for Full year Full year projections First half projections FY ended March 2021 FY ending March 2022 FY ending March 2022 increase/ Year-on increase/ Year-on Unit: m illion y en Performance percentage Planned percentage de
Slide 13: Outlook for Increase/Decrease in Ordinary Profit
0.0 Outlook for Increase/Decrease in Ordinary Profit 50.0 100.0 150.0 200.0 (For the FY Ending March 2022) Outlook( Apr 28 2021) FY ended March 2021 19.38 Unit: billion yen 1st half 8.56 2nd half 10.82 The Price of Material -1.80 （1st half -0.80、2nd half -1.00） * Including the impact of naphtha-link
Slide 14: Planned Capital Investment and R&D Cost
Planned Capital Investment and R&D Cost (For the FY Ending March 2022) Results for Full year Full year projections First half projections FY ended March 2021 FY ending March 2022 FY ending March 2022 Increase / Increase / Progress Unit: million yen Performance Planned decrease Year-on-y ear Planned
Slide 15: To Increase Corporate Value
To Increase Corporate Value President and Representative Director Morimasa Sato
Slide 16: Contents
Contents ・ Market Conditions ・ Stable Supply ・ Actions for Recycling and the SDGs ・ Streamlining of Logistics ・ Strategic Investment ・ Growth Strategy 16
Slide 17: Market Conditions
Market Conditions od
Slide 18: Retail Industry
Retail Industry Source: Japan Supermarkets Association Supermarkets (Year-on-year changes in sales at existing stores) Livestock 120% Fishery products 120% 120%Prepared food products 110% 110% 110% 100% 100% 100% 90% 90% 90% 80% 80% 80% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Slide 19: Takeout and Delivery
Takeout and Delivery Takeout With Eating out dine-in areas Size of the takeout food Approx. 1.25 trillion yen Fast food Approx. 26.0 trillion yen market (2020) （2019） Family restaurants Restaurants Takeout Eating out at home Delivery Without dine-in areas Home meal Food delivery service operator Del
Slide 20: Suggesting Added Value
Suggesting Added Value Good taste Quality retention Inner snap- Prevents noodles from Leak-proof lock lid Two-tier becoming soggy soon structure Prevents rice from getting sticky Stack & Connect Prevents collapsing design Differentiation Expansion Color Social media variations worthy Wood-like Addin
Slide 21: For a Wider Variety of Restaurants and Menus
For a Wider Variety of Restaurants and Menus Sept.: DLV Series shipment results Up 2.8 times 16,000 YoY 14,000 12,000 10,000 44 times higher than March 8,000 6,000 14 times 4,000 higher than March 2,000 0 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Slide 22: Initiatives to Improve Visibility: (1) Pack Market
Initiatives to Improve Visibility: (1)Pack Market E-commerce site offering packaging materials Sales and number of registered members Sales in Sept. Up approx. 2.4 times YoY 20000 100, 18000 No. of registered members in Sept. Up approx. 1,100 from Aug. 90,0 16000 80,0 14000 70,0 12000 Sales 60,0 100
Slide 23: New Sales Channel to the Restaurant Industry and Food Ingredient Wholesalers
New Sales Channel to the Restaurant Industry and Collaborations with Food Ingredient Wholesalers 12 百万 10 Sales of containers for Restaurants food ingredient wholesalers 8 6 4 Food ingredient wholesalers 2 0 201904 201909 202004 202009 202104 202109 FPCO Group Up approx. 2 times YoY Up approx. 3.5 t
Slide 24: Initiatives to Improve Visibility: (2) Branding
Initiatives to Improve Visibility: (2) Branding LINE Instagram Number of registrants 3,012 Number of registrants 4,6955,000 4,500 2,200 4,000 3,500 3,000 2,500 1,700 2,000 1,500 1,000 500 1,200 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 0 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Slide 25: Stable Supply
Stable Supply i
Slide 26: Stable Supply – Supporting Safe, Secure Dietary Life
Stable Supply – Supporting Safe, Secure Dietary Life Maintenance of an A lineup of approx. 11,000 items appropriate inventory level Maintenance of an appropriate inventory level Salespeople Sales forecast Production plants Logistical bases Informing about Supply Chain Management System the logistics
Slide 27: Stable Supply -- Number of Cases of Stockout (1)
Stable Supply -- Number of Cases of Stockout (1) ‘05/3 (1 year after introduction) ’06/3 ‘07/3 ‘08/3 ‘09/3 ‘10/3 ‘11/3 (Great East Japan Earthquake) ‘12/3 (8 years after introduction) Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 27
Slide 28: Stable Supply -- Number of Cases of Stockout (2)
Stable Supply -- Number of Cases of Stockout (2) Year-end GW Bon holidays 25 holidays September 2016 - 20 15 10 5 0 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 25 September 2017 - 20 15 10 5 0 Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 25 September 2018 - 20 15 10 5 0 Sep Oct Nov Dec Jan Fe
Slide 29: Stockout of Former Hinomaru Products
Stable Supply -- Number of Cases of Stockout of Former Hinomaru Products Oct. 1, 2020 Immediately after the 25 business transfer 20 旧ヒノマル製品 譲受後の欠品推移 15 10 5 0 10/1 11/1 12/1 1/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 29
Slide 30: Inventory Turnover Period
Inventory Turnover Period High-foamed PSP (Months) 1st half average: 1.53 2nd half average: 1.56 2nd half average: 1.44 1.8 1.6 Sept. 1.56 1.4 Minus 0.22= Equivalent to Sept. 1.34 1.2 approx. 100,000 cases 1.0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Fiscal year ended
Slide 31: Actions for Recycling and the SDGs
Actions for Recycling and the SDGs
Slide 32: 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 33: Eco Tray / Eco APET CO2 Reduction
Eco Tray / Eco APET CO2 Reduction CO2 emissions Eco Tray Eco APET Effect of Recycling on Effect of Recycling on CO₂ Emissions CO₂ Emissions Eco Tray Material manufacturing Material manufacturing Material manufacturing Material manufacturing Eco APET Product manufacturing Product manufacturing Produc
Slide 34: 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. 5,850 reduced by approx. 6,250 tons in 5 years stores across Japan (As of Sep, 2021) 34
Slide 35: Activities for Promoting Recycling
Activities for Promoting Recycling 2019 2020 2021 Let’s turn used trays They are not disposable. into resources through Let’s reduce CO2 emissions Let’s do Tray Recycling! through Tray Recycling! Tray Recycling. Poster design renewal Poster displayed at approx. 7,700 stores (by 232 companies as of e
Slide 36: Plaque of Gratitude Commemorating 30th Anniversary of FPCO Method
Plaque of Gratitude Commemorating the 30th Anniversary of FPCO Method of Recycling Companies to which we sent the plaque of gratitude 399 companies Type of company Number of companies Corporate users 275 Packaging material wholesalers 99 Logistics partner companies 25 Acknowledgment For involvement
Slide 37: Having Eco Products Appeal to Consumers (1)
Having Eco Products Appeal to Consumers (1) A company A company operating a total of operating a total of Company F 59 stores mainly in Company R 74 stores mainly in Hiroshima Hokkaido 37
Slide 38: Having Eco Products Appeal to Consumers (1)
Having Eco Products Appeal to Consumers (1) Number of companies and Existing methods stores having eco products appeal on sales floors Target for March 100 companies As of October 2,000 stores 81 companies In-store posters Website CSR Report 881 stores Having them appeal to consumers on sales floors
Slide 39: Eco Mark and Recycled from PET bottles
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 39
Slide 40: Having Eco Products Introduced by More Customers
Having Eco Products Introduced by More Customers April 2021 to March 2022 Hokkaido-Tohoku area Number of companies and stores that newly introduced Eco Trays 2 companies Approx. 230 stores Total: Approx. 1,600 stores of approx. 69 companies Kanto area 19 companies Approx. 450 stores Number of shipme
Slide 41: 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 42: Trends of Laws and Regulations -- Plastics Resource Circulation Act
Trends of Laws and Regulations -- Act on Promotion of Resource Circulation for Plastics (Promulgated in June 2021, to come into force in April 2022) (1) Design and manufacturing phase Eco-friendly products conforming to guidelines on the eco-friendly design of plastic products were certified by the
Slide 43: Carbon Offset Declaration Through Recycling
Carbon Offset Declaration Through Recycling FY2019 (fiscal year ending March 31, 2020) FY2022 (fiscal year ending March 31, 2023) FY2024 (fiscal year ending March 31, 2025) CO2 emissions from Effective CO2 reduction Production division Effective CO2 reduction Production division Effective CO2 reduct
Slide 44: Collaboration in Solar Power Generation -- PPA with Mitsui & Co. Plant Systems
For Achieving Targets under the FPCO Carbon Offsetting Declaration Through Recycling Collaboration in Solar Power Generation -- Conclusion of PPA with Mitsui & Co. Plant Systems, Ltd. Started in FY2021 Solar power generation in Kanto area Power Renewable (fiscal year ending March 31, 2022) consumpti
Slide 45: 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 45
Slide 46: CO2 Reduction with Biomass-based Plastic Products (1)
CO2 Reduction with Biomass-based Plastic Products (1) Bio-HIPS and Bio-PPF: Released in June 2020 Made from 25% plant derived materials/ Registered with Japan BioPlastics Association Bio-HIPS Bio-PPF CO2 emissions CO2 emissions Comparison of CO2 Emissions for Petroleum-Derived HI and Bio-Derived HI
Slide 47: CO2 Reduction with Biomass-based Plastic Products (2) Bio-HIPS
CO2 Reduction with Biomass-based Plastic Products (2) Calculated based on “Plastic thermoformed products for food” in Product Category Rules (PCR) for Type-III environmental label (EcoLeaf) Comparison of CO2 Emissions for Petroleum-Derived HI and Bio-Derived HI Effective reduction Bio-HIPS in CO2 em
Slide 48: CO2 Reduction with Biomass-based Plastic Products (3) Bio PPF
CO2 Reduction with Biomass-based Plastic Products (3) Calculated based on “Plastic thermoformed products for food” in Product Category Rules (PCR) for Type-III environmental label (EcoLeaf) Comparison of CO2 Emissions for Petroleum-Derived PPF and Bio-Derived PPF Effective reduction Bio PPF in CO2 e
Slide 49: Introduction of Biomass Products by Shinobu Foods Products
Introduction of Biomass Products by Shinobu Foods Products Co., Ltd. "Recycled from PET bottles" engraved Mark of certification by Japan BioPlastics Eco Mark engraved Association engraved on the top surface [From the official website of Shinobu Foods Products] - Initiatives on containers made of bio
Slide 50: 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 50
Slide 51: Development of Paper Trays and Paper Containers
Development of Paper Trays and Paper Containers Kanto Tsukuba Plant Introduction of Production Line for Paper trays Paper lunchbox (bamboo paper) Paper Trays and Paper Containers (Main body) (Lid) Features of Product Uses FSC®-certified paper Waterproof and oilproof Supports wrapping machines FSC®Co
Slide 52: Principles and Criteria for FSC Certification
10 Principles and 70 Criteria for FSC Certification Principle 1: Compliance with laws Principle 10: Implementation of management - Commercial and corporate registration Principle 2: Workers' rights and employment activities - Ownership and use rights of land conditions - Tax payment - Secure update
Slide 53: Descriptive Texts About FSC
Descriptive Texts About FSC Inappropriate expression Usable text samples samples and concepts "The FSC forests certification leads to contribution to solution of global warming/global environmental issues" "Forest Conservation Mark" Not directly related to solutions of environmental issues that are
Slide 54: 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 54
Slide 55: 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 56: Diversity Management Making Maximal Use of Capabilities
Diversity Management Making Maximal Use of Capabilities Sorting of used trays Production of wood-like box-type Manufacturing of containers at 10 facilities containers and secondary (foamed and transparent) processing at 7 facilities at 3 facilities Recognition concerning In the FPCO Group as of Marc
Slide 57: 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 751 people at 50 locations mainly at customers’ workplaces Sep.30 2021 Seasoning prepared meat Processing agricultural products Inspecting and weighing fruits and Processing prepared
Slide 58: Creation of the FP Corp. Environmental Fund
Creation of the FP Corp. Environmental Fund FPCO has been working on recycling for approx. 30 years since the FPCO method of recycling was started in 1990. We will cooperate with companies, NPOs, research and education institutions, and others. Subsidizing organizations which act to solve future soc
Slide 59: Activities of Organizations Subsidized by the Environment Fund
Activities of Organizations Subsidized by the FP Corp. Environment Fund (Some of the Activities) Activities in FY ended Mar. 2021 Miyajima Network (Hiroshima) Shonan Cleanaid Forum (Kanagawa) <Details of the activities> <Details of the activities> Cleaning up the coast and inland area of Beach clean
Slide 60: Donations to Children's Cafeterias Nationwide
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 Kobe Nestlé country, and local networks of children’s c
Slide 61: ESG Evaluation
ESG Evaluation Continuing to be selected to be a constituent of the FTSE4Good Index Series and FTSE Blossom Japan Index ESG indexes （June 2021) Indexes developed by FT Russel of the London Stock Exchange Group, which reflect the performance of companies taking excellent Environmental, Social and Gov
Slide 62: Provision of Information -- Actions for Recycling
Provision of Information -- Actions for Recycling The FPCO method of recycling Participation in Circularity 21, Government introduced at the website of the Japan Partnership Overseas an online event for promoting exchange of information and for Circular Economy networking aimed at building a circula
Slide 63: Streamlining of Logistics
Streamlining of Logistics TIED
Slide 64: Actions for Suppressing Soaring Logistics Expenses
Actions for Suppressing Soaring Logistics Expenses (Distribution of Sales) Increase ratio of private services September, 2021 97.6％ 1st half of FY2021 Increase load efficiency per truck Compared with the level in 1st half of FY2015 110.0％ (Sai* per truck) * 1 sai = 0.027826474 m 3 ＜load efficiency p
Slide 65: Efficiency Improvement (Logistics Division)
Efficiency Improvement (Logistics Division) Voice Picking 本/時間 Productivity enabled by voice picking Items/Hour Sep. 2021 833 items per hour Immediately after introduction of the system: 300 items per 1) Listen to instructions hour 2) Select with both hands May May May May May May May Jul. Jul. Jul.
Slide 66: Enhancing the Logistics Network
Enhancing the Logistics Network Chubu Hub Center Chubu Hub Center (Building 1 of 1st Center) Chubu Hub Center (Building 2 of 1st Center) Chubu Eco PET Plant (Chubu Plant 3, Chubu Plant 4) Completion scheduled inSept.2021 Investment: 5,855 million yen Total floor area: 27,575 m2 Percentage of product
Slide 67: Strategic Investment
Strategic Investment TIED
Slide 68: FPCO's Strategic Investment
FPCO’s Strategic Investment Unit: billion yen Group companies, etc. グループ会社等 システム Systems Ordinary profit before 29.8 リサイクル Recycling depreciation and amortization 物流 Logistics 27.1 製造 Manufacturing 23.3 23.3 20.2 21.0 19.4 15.0 14.0 12.5 12.4 12.2 9.0 Capital investment 10/3 11/3 12/3 13/3 14/3 15/3
Slide 69: Construction of Chubu Plant 1
Construction of Chubu Plant 1 Completion scheduled in Chubu Plant I May 2022 Chubu Eco PET Plant Chubu Hub Center Investment: 8,049 million yen (Chubu Plant 3, (Building 2 of Total floor area: 20,902 m2 Chubu Plant 4) 1st Center) Chubu Recycling Plant Chubu Hub Center (Building 1 of Chubu PET 1st Ce
Slide 70: Construction of Kansai Plant and Kansai Hub Center
Construction of Kansai Plant and Kansai Hub Center Completion of a network which covers 70% of the total population, including the populations of major cities, within 150 km radius from each base Hokkaido Tohoku Chubu Kansai Approx. 30% transferred from Fukuyama area Kanto Increasing logistics capac
Slide 71: Investment in Human Resources (1): Automation
Investment in Human Resources (1): Automation Manufacturing Division Logistics Division Labor reduction equal to approx. Reducing labor with Labor reduction 234 workers Unmanned transfer on the unmanned, laser-guided equal to approx. Labor reduction 201 workers 3/2022 forecast same floor in a wareho
Slide 72: 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. 3 Floor plan: First floor Completed in March 2020 Completed No. 4 Completed 63 units in October 2020 20 units 18 units in April 2020 Shared sp
Slide 73: Growth Strategy
Growth Strategy i
Slide 74: FPCO Growth Strategy
FPCO Growth Strategy Long-term target 300.0 billion yen 3,000 Commodities Overall packaging +60.0 billion materials 2,500 Plan for ‘22/3 Products New markets 195.0 billion yen +40.0 billion (delivery, food service, frozen food, etc.) 2,000 Market share increase R&D for recycling and Long-term target
Slide 75: M&A -- Business Transfer from Sekisui Hinomaru
M&A -- Business Transfer from Sekisui Hinomaru Name: Sekisui Hinomaru K.K. Effects of Infrastructure Integration Locations: (Head offices) Kumamoto and Fukuoka (Sales offices) Fukuoka, Kagoshima, Hiroshima, Osaka, and Tokyo (Plants) Saga and Ibaraki Transferred business: Molding business Products Li
Slide 76: Streamlining Logistics of Former Hinomaru Products
Streamlining Logistics of Former Hinomaru Products Reducing the cost of regular cargo services using our own delivery vehicles Reducing transportation cost by increasing load efficiency of our own delivery vehicles Reducing warehousing cost by returning rent warehouses Improvement: Approx. 300 milli
Slide 77: Actual Examples of Products in the Frozen Food Market
Actual Examples of Products in the Frozen Food Market Actual examples of products from Hankyudelica-I. Inc. Delivered in a frozen state by vendor Shipping quantity in 2020 FPCO Fair 2021 400% compared to last year Grilled chicken with seven vegetables with an orange sauce 498 yen Multi FP, an origin
Slide 78: 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 79: Trends in Raw Material Prices
Trends in Raw Material Prices As of Oct, 2021 62,000 60,000 Domestically 60,000 53,500 1350 produced Naphtha 50,000 equivalent (yen/KL) 44,800 47,700 41,300 1150 38,800 1,050 40,000 950 30,200 31,300 1,040 985 Benzene 30,000 25,000 750 ($/ton) 855 20,000 730 735 550 10,000 350 425 425 0 335 150 Oct
Slide 80: Price Revision
Price Revision 1. Target items and rate of increase All products we manufacture: 10% or higher 2. Time of revision New prices will apply starting from products shipped on December 1, 2021. 80
Slide 81: Supporting Data
Supporting Data
Slide 82: 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 83: 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 Low raw material ratio High oil resistance Weight reduction is possible Foam is hard and resistant to High insulation weight reduction. Low heat resistance
Slide 84: Trends in original products development
Trends in original products development ’11/3 ‘21/3 Feb. 2010: Market release of the Multi FP (MFP) Feb. 2012: Market release of the Multi Solid (MSD) May 2012: Market release of the Eco APET Nov. 2010 Jun. 2014 March 2016 Chubu PET Recycling Plant Nishinihon PET-Bottle Chubu Eco PET Plant Recycle C
Slide 85: Factors influencing Ordinary Profit
Factors influencing Ordinary Profit Unit:100 million yen '15/3 '16/3 '17/3 '18/3 '19/3 '20/3 '21/3 '22/3 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 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 half year
Slide 86: 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 March 2022 March 2003 March 2004 March 2005 March 2006 March 2007 March 2008
Slide 87: 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 88: Trend in Scale of Home Meal Replacement Market
Trend in Scale of Home Meal Replacement Market Trillion yen 9.8 10 10.1 10.3 10.3 9.6 9.8 9.3 8 8.4 8.7 8.9 FY2020 Cooking at home: 8.2 8.1 8.1 7.6 7.8 7.9 Approx. 36.4 trillion yen 6 7.2 Home meal replacement Eating out: 4 Approx. Approx. 26.0 trillion yen 2 9.8 trillion yen Major food manufacturer
Slide 89: 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 Trays with lids New noodle container for de
Slide 90: Hospital/Nursing Care and Frozen Food as New Markets
Hospital/ Nursing Care and Frozen Food as New Markets MFP that ensures safety and reassurance when Hospital/ Frozen heating the food Nursing food With superior thermal insulation, MFP ensures care safety and The number of people who reassurance received Minna-no Nichiyobi (Sunday for Everyone) food
Slide 91: Business Continuity Plan (BCP)
Business Continuity Plan (BCP) Logistics network 全国の物流ネットワーク across the country Distribution Picking Hokkaido Distribution Center 81,000 cases center center Inventory storage capacity: Approx.17,190 m2 Approx. 3.76 million cases Total floor area: Approx. 680,990 m 2 Tohoku Distribution Center As of
Slide 92: 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 93: 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 APET released Eco Trays only Eco product sales for FY ended March 2021 62.2 billion yen 11-year total 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 20/3 21/3 amount of Capacity increased in Kyushu in
Slide 94: 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 95: 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 96: 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 97: 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