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In April 2022, we established our long-term vision "Good Foods 2030," marking the beginning of our journey to enhance corporate value through strategic management initiatives. After redefining our mission (purpose of being), we articulated our vision for "what the Nissui Group would like to be in 2030" and launched our three-year Mid-Term Business Plan "Good Foods Recipe1," marking a significant step toward realizing this vision. In December of the same year, we rebranded from Nippon Suisan Kaisha, Ltd. to "Nissui Corporation" (logotype "nissui"), signaling our commitment to exploring new possibilities in food and pursuing sustainable growth in collaboration with our global group companies.
Our long-term vision "Good Foods 2030" is centered on creating four key types of value: financial, environmental, social, and human capital. This vision is underpinned by two core pillars: strengthening business portfolio management and advancing sustainability management. A key focus of our financial strategy is achieving "capital strength to compete on the world stage." Our fiscal 2030 targets include 1 trillion yen in net sales, 50 billion yen in operating profit, and an international net sales ratio of 50%. To enhance capital efficiency through strategic focus and targeted investment in priority growth areas and categories, we have adopted ROIC and cash conversion cycle (CCC) as Group-wide KPIs. This approach is designed to strengthen our capacity to generate profit and cash flow.
We will strategically allocate our cash resources to support the sustainable growth of our priority areas while ensuring attractive returns for our investors. Leveraging our strengths and distinctive capabilities--including our access to resources, R&D expertise, production technology, quality assurance capabilities, and global value chain--developed over more than 110 years, we will provide innovative food solutions that enrich the heart and the body, and solve social issues. We invite you to look forward to the innovative food solutions that Nissui will deliver.
President & CEO,
Nissui Corporation