Medium-term Management Plan
Group Medium-term Management Plan 2019
Business Portfolio Transformation
Butter, margarine, cheese, condensed milk, skim milk, etc.
Respond to changes in the environment and strengthen the earnings bases
● Market expansion by strengthening our main product lineup
● Market expansion through borderless development of cheese
Megmilk Snow Brand Co., Ltd. / Kohnan Oils and Fats MFG Co., Ltd. / Yatsugatake Milk Co., Ltd. / SI System Corporation / Chesco Ltd. / Snow Brand Australia Pty. Ltd. / PT. Megmilk Snow Brand Indonesia / Nichiraku Machinery Co., Ltd. / Cresco Corporation / SBS Flec Co., Ltd. / Udder Delights Australia Pty. Ltd., and others
Milk and milk beverages, yogurt, fruit juice and vegetable juice, soft drinks, desserts, etc.
Secure the earnings bases and structurally transform into a business that will drive growth
● Strategic expansion of functional yogurt
● Product mix optimization
Megmilk Snow Brand Co., Ltd. / Michinoku Milk Co., Ltd. / Yatsugatake Milk Co., Ltd. / Ibaraku Co., Ltd. / SI System Corporation / Mitsuwa Distribution Industry Co., Ltd. / Chokuhan Haisou Co., Ltd. / Greenservice Co., Ltd. / Cresco Corporation / SBS Flec Co., Ltd. / Luna Bussan / Nichiraku Machinery Co., Ltd., and others
Powdered milk include infant formula, functional foods, etc.
Create new growth opportunities and develop into a highly profitable business
● Build a growth model for functional foods business
● Strengthen the competitiveness of the powdered milk business by promoting value
Megmilk Snow Brand Co., Ltd. / Bean Stalk Snow Co., Ltd. / Snow Brand Taiwan Co., Ltd. / Snow Brand Hong Kong Co., Ltd. / Snow Brand Trading (Shanghai) Co., Ltd. / Snow Brand Australia Pty. Ltd. / EN Otsuka Pharmaceutical Co., Ltd. / Amino Up Chemical Co., Ltd. / Belle Neige Direct Co., Ltd., and others
Feedstuffs, seeds (forage grass and crops, vegetables), landscape gardening, etc.
Increase efficiency in the feedstuffs business and grow the seed products business into a core business
● Strategic expansion of the seed products business
● Increase profitability in the feedstuffs business
Snow Brand Seed Co., Ltd. / Snow Brand Seed USA, Inc. / Doto Feed Corporation / Royal Farm, Ltd. / RF Penkel Farm Co., Ltd. / RF Aomori Farm Co., Ltd., and others
Medium-term Management Plan benchmarks
Megmilk Snow Brand Group has set the following benchmarks for our Medium-term Management Plan.
|Performance indicators||FY2019 goal figures|
|Consolidated net sales||630 billion yen|
|Consolidated EBITDA||40 billion yen|
|Consolidated operating profit||22 billion yen|
|Total investment (3 year total)||77 billion yen|
|Consolidated ROE||8% or higher|
|Consolidated equity ratio||40% or higher|
|Consolidated payout ratio||20% or higher|