Management Strategy 2033: 4th Mid-Term Management Plan (～2029)

Overview of Management Strategy 2033

S&B Foods Inc. has formulated the 'Management Strategy 2033,' a fourth mid-term management plan targeting the fiscal year ending March 2033. Based on the company's founding values, with the theme of 'Transforming the Food Industry Through the Value of Spices & Herbs,' the long-term objectives are set at sales exceeding 200 billion yen and an overseas sales ratio over 40%. The business segments are divided into overseas operations (main and growth engine), new areas (value creation), and domestic business (revenue foundation), aiming for sustainable growth centered on spices and herbs.

Strengthening Foundations and Growth Strategies

To strengthen foundations, the company will enhance factories, equipment, supply chains, organizational and human resources, and finances, establishing a system to support strategy execution. It will circulate three types of Growth: 'Grow the Core'—improving growth sources; 'Grow the Value'—expanding value; and 'Grow the Business'—expanding business, promoting evolution from condiments to new functional materials, expanding overseas operations, and ensuring domestic growth. Additionally, initiatives on sustainability challenges and work style reforms will be advanced to fulfill corporate social responsibility and enhance corporate value.