Nichimo Co., Ltd.TSE: 8091

IR Midterm Topics for the Year Ended March 31, 2025

· Issued by Nichimo Co., Ltd.

Nichimo Promotes Blue Carbon Initiatives with R&D and Biomass Marine Products

The Nichimo Group is committed to creating shared value and to passing the better natural and marine environments on to the next generation as we support the marine and fisheries industries.

We design, develop and supply marine products made of biomass plastics, which are environmentally-friendly and biodegradable in natural environments. We are also engaged in programs to absorb and store CO2, a cause of global and ocean warming, in marine environments.

Nichimo biomass and biodegradable marine materials and products

Nichimo has developed biomass ropes and nets applied to seaweed/seagrass farming. The total carbon dioxide emission of these biomass products, from manufacturing to disposal, is approximately 60% lower than that of conventional petroleum-derived counterparts. It is found that seagrasses grow four times to five times faster in their initial growing stage when farmed with our biomass ropes and nets than with conventional petroleum-derived ones. The faster they grow out of their fragile initial phase, the sooner they become resilient to bad weather and a strong current.

Growth of seagrasses after one month of planting: Seagrasses grow much faster with our biomass ropes and nets (left) than with petroleum-derived counterparts (right).

The Nichimo Group continues developing and providing new technologies and products to address environmental challenges and protect the oceans.

SABAMARU, our new salted, boned, and aged mackerel

Nichimo Develops and Manufactures Processed Food Products that Meet Consumer

Under the Fiscal 2023 Medium-term Management Plan (Toward the next stage), Nichimo has strengthened its role to develop, manufacture, and deliver processed food products to meet consumer needs.

We manufacture and sell SABAMARU, our new salted and bonedmackerel fillet product. High quality Norwegian mackerel is filleted and salted with our unique salt water mist spray method. A fine mist of salt water is sprayed to penetrate meat, keeping them in a moderate sodium level and juicy while effectively eliminating a fishy smell. Fillets are then aged at

low temperature to condense

the savory flavor. SABAMARU gets good feedback from consumers, who find it savory and having a good amount of fat. The product is sold at mass-merchandise stores.

Tuna pouches for household use:

Nichimo has been manufacturing and delivering industrial use tuna pouches for more than three decades. We have recently introduced handy tuna pouches for household use. Pouches are space-saving and easier to dispose of. Our tuna pouches for household use are sold at large supermarket chains.

Nichimo selects, procures, and inspects raw material fish ourselves to manufacture and deliver unique, high quality consumer food products.

We continue to strengthen our role and function to develop, manufacture, and deliver processed food products that meet consumer needs.

Tuna pouches for household use