As a company creating health value that delivers abundant food to people around the world, we aim to increase the creation of Maruha Nichiro Value (MNV)
Masaru Ikemi
President & CEO and Representative Director
Maruha Nichiro Corporation
Maruha Nichiro is a Company with over 140 years of history. Fiscal year 2022 marked the beginning of our Medium-term Management Plan, "For the ocean, for life MNV2024." It was a year in which we declared to both our internal and external stakeholders that in order to succeed in the next 100 years, it is essential to create a corporate value that integrates economic value, environmental value, and social value.
Under "For the ocean, for life MNV2024," we are focusing on three key areas: the integration of business strategy and sustainability, the implementation of management for creating value, and strengthening business foundation for sustainable growth. Through the integration of business strategy and sustainability, we aim to create MNV (Maruha Nichiro Value) for all stakeholders, thus enhancing our corporate value and achieving sustainable growth. In the process of creating MNV, we will work towards maximizing economic value, which serves as the foundation for ensuring the continuity of our business, while also striving to maximize environmental and social value.
The Group's strategy is to integrate economic value (MNEV), environmental value (EV), and social value (SV) in order to maximize MNV. To this end, management of each of these aspects is important, and we are practicing materiality KPI management as well as financial KPI management, targeting 2027 and 2030, respectively.
All nine materiality areas selected are important, and as a concept that runs through all of them, the perspective of Group governance is a challenge and must be disseminated throughout the Group. Because our Company is characterized by a system in which Unit Directors control even their affiliates, examples of successful implementation must be shared and standardized within the Group. The implementation of Group governance has just begun, and I believe that we will be able to determine what we need to do in the future by stimulating interactions within the Group more than ever before and having all employees consider the significance of each Group company's existence.
It is clear from the current global situation that people around the world are feeling a sense of crisis regarding food. As the world's population is certain to grow, and doubts arise as to whether the Earth will continue to produce high-quality protein forever, as a Company involved in the food industry, if we carry out our corporate activities, including our future economic activities, with a strong belief and message that we will be a Company that continues to provide safe, secure, and high-quality protein, we will surely become a sustainable Company and be properly evaluated as such, and we believe that we have the right background to achieve this. I am sure that we will face various hardships in the future, but I am convinced that if all employees can understand the significance of the Long-term Corporate Vision that the Group has set forth, the issues of what we should do will naturally become apparent.
Maruha Nichiro will continue our advancement in order to meet your expectations. Thank you very much for your continued support.
