With rapid social changes on a global scale, the business environment surrounding the Nichirei group has changed significantly. In Japan, we expect demand for frozen foods to increase due to the growing needs for time-saving solutions and labor shortages associated with the diversification of the household composition and lifestyles, as well as demand for temperature-controlled logistics as an infrastructure supporting the fields of food. In the long term, however, the Japanese food market is expected to mature due to a declining labor force and changing demographics.
On the other hand, in some regions such as Europe, North America, and ASEAN, needs and expectations for frozen foods and temperature-controlled logistics are predicted to further expand in response to economic growth and lifestyle changes.
Given this situation, in order to establish long-term competitive advantages and support good eating habits and health of people, we have formulated a new long-term management goal “N-FIT 2035”to strengthen profitability and improve capital efficiency, with FY2026, the 80th anniversary of our founding, as a starting point.

The Nichirei Group supports good eating habits and health of people around the world by “creating exceptional value through food” as well as through “innovative solutions generated from advanced logistics services,” earning the trust of all stakeholders both in Japan and overseas.

In June 2020, Nichirei identified five material matters fitting its concept of materiality.
We will continue to formulate goals (measures and KPIs) that link Group strategies and business strategies.