House Foods Group Inc.TSE: 2810

Notice Regarding Revisions to the Eighth Medium-term Business Plan

· Issued by House Foods Group Inc.

May 11, 2026

Company Name: House Foods Group Inc.

Representative: Hiroshi Urakami, President

(Securities Code: 2810, TSE Prime Market)

Contact: Eiki Miyake, General Manager, Public & Investors Relations Division

(Tel: +81-3-5211-6039)

Notice Regarding Revisions to the Eighth Medium-term Business Plan

House Foods Group Inc. (“the Company”) hereby announces that its Board of Directors resolved at a meeting held on May 11, 2026 to revise the numerical targets of its Eighth Medium-term Business Plan, which covers the three-year period from the fiscal year ending March 31, 2025 to the fiscal year ending March 31, 2027.

The revised figures are consistent with the consolidated earnings forecast for the fiscal year ending March 31, 2027 announced today.

  1. Reasons for the revision to numerical targets

    The Medium-term Business Plan is positioned as an action plan (“To Do”) to tackle the Group philosophy (the vision, “To Be”), and the Eighth Medium-term Business Plan embraces the key theme of “Striving to become a high quality company that provides ‘Healthy Life Through Foods’ Striving for growth by building a global value chain”. The Company has set priority themes for “customers,” “society,” and “employees and their families” to promote a transformation info a quality company with a global presence.

    However, the business environment surrounding the Company is becoming increasingly severe, both in Japan and overseas, due to the impact of fluctuations in interest rates and exchange rates caused by the economic policies of various countries, rising business costs in Japan, especially for raw materials, and consumers’ increasing thriftiness due to the progress of inflation. These factors are having a significant impact on the Company’s performance.

    In light of this situation, the Company has decided to review its numerical targets for the final year of the 8th Medium-term Business Plan (fiscal year ending March 31, 2027) and to push forward with structural reforms, focusing management resources on growth areas, organizational reforms to realize growth strategies, and the strengthening of financial strategies. At the same time, the Company will withdraw the target figures for the Ninth Medium-term Business Plan that was presented at the announcement of the Eighth Medium-term Business Plan, and for the fiscal year ending March 31, 2027, we will work to rebuild our earnings base and formulate the next medium- to long-term plan.

  2. Target figures (consolidated)

[Before Revision] [After Revision]

Target for the Fiscal Year Ending March 31, 2027

Target for the Fiscal Year Ending March 31, 2030

Net sales

360.0 billion yen

450.0 billion yen

Operating profit

27.0 billion yen

40.0 billion yen

Profit attributable to owners of parent

-

-

ROIC

6.0% or higher

8.0% or higher

ROE

7.0%

-

Target for the Fiscal Year Ending March 31, 2027

Target for the Fiscal Year Ending March 31, 2030

322.5 billion yen

-

18.5 billion yen

-

17.0 billion yen

-

4.3%

-

6.0%

-

(Note) The above target figures are based on information available as of the date of this announcement, and actual results may differ due to various factors.