Slide 1: Financial Results for the Fiscal Year Ended March 2023
Financial Results for the Fiscal Year Ended March 2023 FP Corporation May 12, 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 . . . 14 ◆ Supporting Data . . .
Slide 4: Financial Results for the Fiscal Year Ended March 31, 2023
Financial Results for the Fiscal Year Ended March 31, 2023 Executive Vice President and Director, Executive General Manager of Finance and Accounting Division Isao Ikegami FP Corporation ・
Slide 5: Financial Results Summary (For the FY Ended March 2023)
Financial Results Summary (For the FY Ended March 2023) Results for Full year Full year projections FY ended March 2022 FY ended March 2023 FY ended March 2023 Increase/ Year-on Progress Record high Unit: million y en Performance Percentage Performance Percentage decrease -y ear Quantity Planned Per
Slide 6: Results for Increase/Decrease in Ordinary Profit
Results for Increase/Decrease in Ordinary Profit (For the FY Ended March 2023) FY ended March 2022 Unit: billion yen Full year 16.70 1st half 8.91 2nd half 7.79 Plan difference Early realization of second price increases -0.06 The Price of Material Raw materials prices slightly lower than +10.4 the
Slide 7: Capital Investments and R&D Costs
Capital Investments and R&D Costs (For the FY Ended March 2023) （ Results for Full year Full year projections FY ended March 2022 FY ended March 2023 FY ended March 2023 Increase / Progress Unit: million yen Performance Performance decrease Year-on-y ear Planned rate Tangible fixed assets 23,084 30,
Slide 8: Balance Sheet
Balance Sheet (For the FY Ended March 2023) Previous consolidated Consolidated fiscal year under review fiscal year FY ended March 2022 FY ended March 2023 Increase/ Year-on- Breakdown of As of March 31,2022 As of March 31,2023 Unit: million y en decrease y ear main increases and decreases Cash and
Slide 9: Cash Flows
Cash Flows (For the FY Ended March 2023) Results for Full year FY ended March 2022 FY ended March 2023 Unit: million y en Performance Performance Breakdown of main items Profit before income taxes 16,930 Depreciation 14,180 CF from operating activities 23,148 20,071 Decrease (increase) in notes and
Slide 10: Plan for the Fiscal Year Ending March 2024
Plan for the Fiscal Year Ending March 2024 FP Corporation ・
Slide 11: Outline of Plan for Account Settlement (FY Ending March 2024)
Outline of Plan for Account Settlement (For the FY Ending March 2024 ) Results for Full year Full year projections First half projections FY ended March 2023 FY ending March 2024 FY ending March 2024 increase/ Year-on increase/ Year-on Unit: million y en Performance percentage Planned percentage dec
Slide 12: Outlook for Increase/Decrease in Ordinary Profit
Outlook for Increase/Decrease in Ordinary Profit (For the FY Ending March 2024) FY ended March 2023 Full year 17.33 Outlook(Apr 28 2023) Unit: billion yen 1st half 6.41 2nd half 10.92 The Price of Material and Electricity Rates +2.00 （1 half +2.00、2 nd half ±0.00） st +1.80 * Including the impact of
Slide 13: Planned Capital Investment and R&D Cost
Planned Capital Investment and R&D Cost (For the FY Ending March 2024) Results for Full year Full year projections First half projections FY ended March 2023 FY ending March 2024 FY ending March 2024 Increase / Increase / Progress Unit: million yen Performance Planned decrease Year-on-y ear Planned
Slide 14: To Increase Corporate Value
To Increase Corporate Value Chairman, Representative Director and Group Representative Morimasa Sato
Slide 15: Contents
Contents ・ Raw Material Prices／Price Revision ・ Market Conditions ・ Eco-Friendly Strategies ・ Strategic Investment／Stable Supply ・ Growth Strategy 15
Slide 16: Raw Material Prices Price Revision
Raw Material Prices Price Revision
Slide 17: Soaring Raw Material Prices
Soaring Raw Material Prices As of Mar. 2023 FY ended March 2021 FY ended March 2022 FY ending March 2023 86,100 81,400 80,000 72,500 1750 70,000 66,500 1550 60,700 1,290 Domestically produced 60,000 1350 47,700 50,000 44,800 Naphtha equivalent 810 1150 (yen/KL) 40,000 1,195 950 25,000 975 750 30,000
Slide 18: Price Revision
Price Revision FY ended March 2022 FY ended March 2023 3Q 4Q 1Q 2Q First product price revisions Presentation Prices revised one by one of estimates Announced on Oct. 29 Second product price revisions Increases of at least 10% were applied, starting from products shipped on Dec. 1. Presentation Pric
Slide 19: Soaring Electric Power Prices
Soaring Electric Power Prices Effect of subsidies ‘24/3 Forecast Year-on-year 9.40 billion (+0.84 billion) '23/3 8.56 billion (+3.37 billion) '22/3 ‘21/3 5.19 billion (+0.78 billion) 4.41 billion Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. 19
Slide 20: Market Conditions
Market Conditions FPCO
Slide 21: Market Trends
Market Trends Source: Japan Supermarkets Association Japan Franchise Association Supermarket sales Seafood Meat Deli 120 150 109.1% 100.0% 101.2% 140 108.6% 103.2% 107.1% 101.1% 98.5% 100.6% 100 Year-on-year 120 80 100 100 80 60 Compared to '20/3 Compared to '20/3 60 Compared to '20/3 40 50 106.6% 1
Slide 22: Change in Product Sales Volume
Change in Product Sales Volume Trays Lunch boxes and Prepared food containers 12,000 20,000 11,000 19,000 10,000 111.2% 99.9% 104.8% 95.6% 18,000 99.0% 9,000 Year-on-year 105.6% 17,000 8,000 Year-on-year 7,000 16,000 6,000 15,000 5,000 Compared to ’20/3 14,000 Compared to ’20/3 106.2% 109.5% 4,000 1
Slide 23: Proposals for Having Customers' Products Sell Well
Proposals for Having Customers' Products Sell Well Effect Function Presenting Reduction of operation costs seasonal food Tapeless Freshness Preventing movement of food items inside A voluminous appearance Transportation efficiency and compatibility with Finished appearance production line Perceived
Slide 24: FPCO Fair 2023
FPCO Fair 2023 March 7-9, 2023 Tokyo Big Sight South Hall 1, 2 Approximately 13,000 visitors Sudden changing market Hands-on experience Changing players Expanding Required 465 success stories PC/CK* expansion frozen food environmental collected by sales staff *Process center/Central kitchen market r
Slide 25: FPCO Fair 2023 Proposal
FPCO Fair 2023 Proposal * Tsuma: Sliced radish, usually used under sashimi Lower costs for users * Examples from Kansai Company A (160 stores) * MH (man/hour productivity): Work time assuming that all the work was done by a single person. Tsuma: 80 g Tsuma: 40 g Tsuma: 0g U Stage U Stage Moridai Cho
Slide 26: 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 27: Frozen Food Packaging Materials: Standardized Products
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 28: Brochure of Products for Frozen Food
Brochure of Products for Frozen Food “A manual for strengthening strategic selection of packaging materials for frozen food” 28
Slide 29: 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 Ready-to-eat Eating out Home dining meals 18.2 experience Approx. trillion yen （2020） Size of the
Slide 30: Expansion of New Sales Channels
Expansion of New Sales Channels E-commerce site offering packaging materials PackMarket 40000 35000 Sales/Number of registered members 160,000 Monthly sales: Approx. 140,000 120 million yen 30000 Sales Number of registered members No. of registered items: Approx. 120,000 13,800 25000 20000 April 202
Slide 31: Eco-Friendly Strategies
Eco-Friendly Strategies ir FPCO
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: 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 34: 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 35: Tackling Climate Change by Reducing CO2 Emissions Using Eco Products
Tackling Climate Change by Reducing CO2 Emissions Using Eco Products 0 CO2 emissions Eco Tray Contribution to reducing -30% 0 CO2 emissions (tons) '23/3: 0 170,000 '19/3: tons Eco APET 135,000 0 tons 0 Eco OPET '19/3 '20/3 '21/3 '22/3 '23/3 Crude Cracked Ethyl- Styrene Naphtha Benzene oil petroleum
Slide 36: Store-to-Store Horizontal Recycling
Store-to-Store Horizontal Recycling Items sold in the store that can be reused as resources are collected by the store for recycling and then utilized within the store after regeneration. Supermarkets FPCO Tray to Tray Bottle to Recycling and manufacturing Collected and sold at stores transparent of
Slide 37: For Greater Volumes and Higher Quality
For Greater Volumes and Higher Quality Message from the store manager displayed Collection points by the boxes (As of March 31, 2023) Including approx. Approx. 10,500 sites 5,600 collection points of transparent containers It would be very helpful if you could wash them clean! Thank you very much fo
Slide 38: Having Eco Products Appeal to Consumers
Having Eco Products Appeal to Consumers 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 38
Slide 39: Showing consumers the store's insistence on Resource-Conserving
Showing consumers the store’s insistence on the Philosophy of Resource-Conserving Transition in the number of installed stores (As of March 2023) Approx. stores 5,400 May (179 companies) May Jun. Aug. Sep. Jan. Jun. Aug. Sep. Apr. Oct. Nov. Dec. Mar. Apr. Oct. Nov. Dec. Jan. Mar. Feb. Feb. Jul. Jul.
Slide 40: 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. 2022 displayed at CO2 emissions Approx. 6,250 reduced by approx. 6,099 tons in 6 years stores across Japan (As of Mar 2023) 40
Slide 41: Strengthening Resource Recovery by Users
Strengthening Resource Recovery by Users Company environmental policies (excerpt) Kanto Company A Foam tray store collections: 10 times more per store compared to FY2020 Strengthening of resource recycling: Started collection of transparent trays, Kanto Company B strengthened PET bottle collection A
Slide 42: Increasing CO2 Reduction Effect through Solar Power Collaboration
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 43: Towards Complete Recycling of Polystyrene
Towards Complete Recycling of Polystyrene Positive aspects of material recycling Process up to regeneration is simple Color trays to trays and energy footprint is low Color trays to trays Tray to Tray Foamed PS container Foamed PS sheet Styrene monomer Cracked petroleum Supermarkets Ethylbenzene Who
Slide 44: 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% 44
Slide 45: 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 46: Diversity Management Making Maximal Use of Capabilities
Diversity Management Making Maximal Use of Capabilities Used food trays, Molding, assembly, Sorting plant transparent containers Manufacturing inspection, and packaging of food trays Attempts to expand occupational domains General factories and logistics sites in Special subsidiary (FPCO Ducks Co.)
Slide 47: Support for Customers in their 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 48: Floor Hockey Activity
Floor Hockey Activity: Interactions between People with and without Disabilities The tournament was held for the first time in three years (since 2019) FPCO Cup 17th National Floor Hockey Competition FPCO Cup 11th Universal Floor Hockey West Japan Tournament Award, certification, and registration fo
Slide 49: Creation of the FP Corp. Environmental Fund
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. Wor
Slide 50: Donations to Children's Cafeterias Nationwide
Donations to Children's Cafeterias Nationwide Donation of simple food containers The Company provides containers for boxed meals and soup to support children’s cafeterias which are supported by Zenkoku Kodomo Shokudo Shien Center Musubie, jointly with Kobe Bussan Co., Ltd. and Nestlé Japan Ltd., whi
Slide 51: ESG Assessments
ESG Assessments CDP (Carbon Disclosure Project) Climate change score 2021 2022 "B"→ "A-" ESG index (as of May 2023) 2022 CONSTITUENT MSCI Japan shares MSCI Japan Empowering Women Index (WIN) 51
Slide 52: Strategic Investment Stable Supply
Strategic Investment Stable Supply
Slide 53: Stable Supply – Supporting Safe, Secure Dietary Life
Stable Supply – Supporting Safe, Secure Dietary Life Maintenance of an appropriate A lineup of approx. 11,000 items inventory level Salespeople Sales forecast Logistical bases Supply Chain Production plants Informing about Management System the logistics plan Placement of order SCM for production (b
Slide 54: Number of Cases of Stockout
Number of Cases of Stockout SCM introduced in 2003 ‘05/3 (1 year after introduction) ‘06/3 ‘07/3 1 year after introduction ‘08/3 ‘09/3 ‘10/3 ‘11/3 (Great East Japan Earthquake) 8 years after introduction ‘12/3 (8 years after introduction) Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. 54
Slide 55: 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 Stockout has remaine
Slide 56: Actions for Suppressing Soaring Logistics Expenses
Actions for Suppressing Soaring Logistics Expenses FY ended March 2023 1,465 1,467 1,462 1,443 1,459 1,458 1,463 1,455 1,444 1,466 1,450 FY ended March 2022 1,420 FY ended March 2021 FY ended March 2020 FY ended March 2019 Compared with Load efficiency per truck 111.9% to FY ended March 2016 FY ende
Slide 57: 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 58: Strategic Investment
Strategic Investment Unit: billion yen Ordinary profit before depreciation and amortization Capital Investments 29.8 30.8 20.2 23.3 23.3 21.0 23.3 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
Slide 59: 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 60: Nationwide Logistics Network
Nationwide Logistics Network Completed a network which has 85% of the total population, including the populations of major cities, within a 100 km Hokkaido radius of the bases Tohoku Chubu Kansai Kanto Hachioji Tokai Kyushu Fukuyama 60
Slide 61: 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 62: Investment in Human Resources (1): Improving Treatment
Investment in Human Resources (1): Improving the Treatment of Production and Logistics Division Personnel FY ended March 2019 Improvement of retirement payment system FY ended March 2021 Improvement of salary levels (revision of late-night work allowances, etc.) FY ending March 2024 Significant revi
Slide 63: Investment in Human Resources (2): Automation Equipment
Investment in human Resources (2): Personnel and Labor Saving by Introducing Automation Equipment Manufacturing Division Logistics Division Labor reduction Labor reduction equal to approx. Unmanned Unmanned, laser- equal to approx. 250 workers guided operation for Labor reduction transfer on the equ
Slide 64: Investment in Human Resources (3): Working Environment
Investment in Human Resources (3): Development of Working Environment PicoHouse dormitories for single Group homes for people with employees 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 65: Growth Strategy
Growth Strategy
Slide 66: Growth Strategy
Growth Strategy 300.0billion yen Long-term target Sales Ordinary profit 30.0billion yen 3,000 Goods Plan for ‘24/3 Overall packaging Sales 221.3billion yen +60.0 billion materials Ordinary profit 18.0billion yen 2,500 Products New markets (delivery, food service, frozen food, etc.) +40.0 billion Mar
Slide 67: Investment to Make LSSPI an Equity-Method Affiliate
Investment to Make LSSPI an Equity-Method Affiliate <Overview> Company name Lee Soon Seng Plastic Industries Sdn. Bhd. Manufacture and sale of simplified food containers. Malaysia's largest company engaging in this business. Business outline Ref) Financial results of SCGM Bhd. for the fiscal year en
Slide 68: State of LSSPI Initiatives
State of LSSPI Initiatives Step 1 Three-year plan: double productivity - FPCO know-how speeds up molding operations Myanmar - Automation and labor saving Laos Vietnam Thailand Step 2 Cambodia Philippines Gaining overwhelming market share in Malaysia and Singapore Malaysia LSSPI ★ Singapore Step 3 In
Slide 69: 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.” Product Marketing development IT capability systems Solution proposal The FP Corporation Value Chain capability Information that k
Slide 70: Supporting Data
Supporting Data
Slide 71: 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 72: 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 73: 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 74: 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 75: 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 76: Trend in Scale of Ready-to-eat Meals
Trend in Scale of Ready-to-eat Meals Trillion yen 10.1 10.1 10.3 10.3 9.8 9… 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 Ready-to-eat (2020) Eating out: Meals Approx. 18.2 trillion yen Approx. (2020) 10.1 trillion yen Major food manufacturers 200
Slide 77: Expanding Market
Expanding Market Net sales of the FPCO Group Food manufacturers Restaurants Mostly supermarkets Convenience stores (home delivery/takeout meals) (for home meal replacement) Food service/Nursing-care Prepared food stores facilities Frozen food manufacturers Original products Trays with lids New noodl
Slide 78: Nationwide Production and Logistics Network
Nationwide Production and Logistics Network Production plant 20 sites FPCO can manufacture and Distribution Center 9 sites deliver on an area-specific basis Picking Centers 10 sites Completed a network which has 85% of the total Sorting plant and 10sites volume reduction centers population, includin
Slide 79: Capital Investment and Cash Flows
Capital Investment and Cash Flows Cash flows from operating activities 60 0.15 12.8% 12.5% 12.0% 12.0% 11.5% 10.1% 10.0% ROE Capital investment: 50 10.6% 8.9% 9.4% 8.8% 0.1 8.5% Goal of 18 to 25 billion yen 9.1% 7.8% 7.7% Enhance the system for supplying high value-added products Cost of equity from
Slide 80: 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 81: 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 82: 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 83: 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 84: Information on Facility Tours
Information on Facility Tours Visitors can view state-of-the-art production , logistics , and recycling PET Recycling Container sorting Kanto Recycling Plant PS recycling Kanto Yachiyo Plant Chubu Eco PET Plant Kanto Hub Center Chubu Hub Center (Building 1 of 1st Center) Kanto Eco PET Plant Chubu Hu