Calbee (2229) Investor presentation summary

Corporate philosophy and vision

• Focus on harnessing natural ingredients to create value and enhance wellbeing globally.

• Commitment to healthy lifestyles, taste, and fun, aiming to bring smiles to stakeholders.

• Vision to earn respect from customers, employees, communities, and shareholders.

• Emphasis on sustainability, human capital, and shareholder value creation.

Strategic direction and business expansion

• Expanding product and service offerings through co-creation to meet evolving consumer needs.

• Leveraging unique processing technology and expertise in raw materials.

• Focus on geographical expansion, especially overseas, and diversification beyond snacks/cereals.

• Addressing socio-economic and environmental changes, including health consciousness and climate change.

Review of Change 2025 and challenges

• Improved profitability via price revisions and digital transformation in domestic business.

• Overseas business saw sales growth but lacked a strong foundation for sustained expansion.

• Challenges include resilience to cost increases, productivity, overseas profitability, and talent development.

• Growth investment in overseas business was limited; domestic investments focused on strengthening core operations.