Main Objectives of the Maruha Nichiro Group
The Maruha Nichiro Group established the Long-term Sustainability Vision (FY2018 to FY2027) in an aim to evolve into a more sustainable corporate group. In April 2018, we initiated the Medium-term Sustainability Plan (FY2018 to FY2021) in order to realize this Long-term vision. The main objectives of the Medium-term Sustainable Management Plan are as follows.
- Economic Value
Net sales: 1 trillion yen / Operating income: 31 billion yen / ROA 5.7% / D/E ratio 1.5x / Equity ratio: 30.0%
- Social Value
- Supply safe and secure foods
- Promote consumer-oriented management
- Promote lifelong health plan
- Provide growth opportunities
- Promote safe and ideal working conditions
- Promote diversity and work practice reform
- Promote healthy management
- Promote a proactive approach to human rights
Value for Business Partners
- Practice sustainable procurement
Value for Communities and Society
- Coexist with regional communities in mutual prosperity
- Environmental Value
- Measure against global warming
- Build a recycling-oriented society
- Protect marine resources
Medium to Long-term Sustainability Management Plan and Long-term Sustainability Vision
Medium to Long-term Sustainability Management Plan
The Maruha Nichiro Group established the Sustainability Promotion Committee in FY2018. The committee proposes plans and sets goals for sustainability management for the Group overall and evaluates the activities of individual Group companies. It also holds discussions on new initiatives aimed at resolving international social and environmental issues, and promotes activities in cooperation with the related departments and Group companies at Maruha Nichiro.
Outline of the Sustainability Promotion Committee
Chairperson: Representative Director, President & CEO
Secretariat: Corporate Planning Department, Sustainability Promotion Group
Frequency of meetings: Two times a year (ad hoc committee meetings held as necessary)
Committee members: Executive officers acting as Directors and related Department Heads of Maruha Nichiro Corporation
Purpose: Verification and evaluation of progress status of the Medium-term Sustainable Management Plan for the Group overall, sharing issues and information
Main Agenda Items of the Sustainability Promotion Committee
- Review of previous fiscal year and plan for current fiscal year in the Medium-term Sustainable Management Plan
- Discussions on information disclosure in documents including the Integrated Report, Sustainability Report, and Website posted materials.
- Response as a Group to individual issues
Maruha Nichiro Group Organization Structure for Sustainability Promotion
Internal Dissemination Measures
Group Philosophy Training
Group Philosophy training is taught by members of Maruha Nichiro management, and it provides employees with an opportunity to reconfirm themes that include the mission and responsibility in society of the Maruha Nichiro Group and how to put the Group Philosophy into practice in day-to-day work.
During FY2018, training focused on the Medium-term Sustainability Management Plan in addition to the Group Philosophy. Approximately 4,700 Group employees attended training at 40 business locations and a common understanding was developed throughout the Group regarding the direction and aim of the Medium-term Sustainability Management Plan.
Environmental Officers and Representatives
Assigned officers and representatives share information on environmental management plan initiatives, confirm regulations related to the environment, and communicate on environmental regulation compliance activities to reduce the risk of violation of environmental laws at meetings held every year. External lecturers were also invited in FY2019 in order to further improve awareness of sustainability.
Start of the Brand Enhancement Creation Project—Future of the Group as Envisioned by Each and Every Employee—
The Maruha Nichiro Group has introduced a new brand strategy to achieve its long-term vision, under which it aims to improve the value of the corporate brand and achieve further growth looking ahead to the next ten years.
During FY2018, we held brand training for people in management positions and brand talks for each department to share and encourage an understanding of our brand vision. We started the Brand Enhancement Creation Project in FY2019. The value we offer with our brand is the pursuit of new possibilities in food, bringing vitality to people around the world. This project aims to enhance our brand by considering this value through company-wide group work by Maruha Nichiro employees. We started this project based on the belief that it is important for each and every employee to think about how to generate new value, and to collectively put forth bottom-up efforts to stimulate discussion and collaboration among all departments.
We will think of ideas to enhance our brand through company-wide group work efforts participated in by all employees in FY2019 and move to the phase of executing concrete brand enhancement from 2020. Implementing brand enhancement will facilitate the development of human resources ready to take on the challenge of transformation by giving each and every employee an opportunity to rethink the direction aimed for by the company in their day-to-day work.
Maruha Nichiro and SDGs
Contributing to the Achievement of Sustainable Development Goals (SDGs) through Business Activities
Feature: SDGs Communication and Action for 7 Billion People Seminar
AS a SeaBOS Chairman and President of Maruha Nichiro Corporation, Mr. Ito spoke at the SDGs Communication and Action for 7 Billion People Seminar that was held in commemoration of the first visit to Japan by Jakob Trollbäck of Sweden who is the logo designer for the 17 Sustainable Development Goals (SDGs).
Trollbäck spoke about his struggle to effectively communicate the SDGs to 7 billion people around the world while pursuing simple language representation and icons that are easy to understand.
Maruha Nichiro reported on its activities related to food and marine plastic waste and its stance for the future based on the themes of SDG 12, Responsible Consumption and Production, and SDG 14, Life Below Water.