NH Foods (2282) Investor presentation summary

Management vision and strategic direction

• Focus on maximizing value through protein, aiming for aggressive growth and structural reforms to enhance profit quality and capital efficiency.

• Targeting ROE of 10% or higher in the near term, with ongoing efforts to improve capital market competitiveness.

• Emphasis on disciplined growth, co-creation initiatives, and disciplined M&A to expand business domains and drive innovation.

Financial performance and capital allocation

• Achieved record-high profits in FY2026/3, with net sales of ¥1,457.4 billion and business profit of ¥68.3 billion.

• ROE improved to 6.6% in FY2026/3, with a forecast of 7.2% for FY2027/3, driven by enhanced capital efficiency and asset optimization.

• Operating cash flow of ¥251.1 billion allocated to growth investments, production expansion, DX, and shareholder returns, including ¥157.0 billion in share buybacks.

Business strategies by segment

• Processed Foods: Entering a profit realization phase domestically, with strategic restructuring overseas, especially in North America and ASEAN.

• Fresh Meats: Focus on optimizing production, expanding sales channels, and building a resilient structure; Australian beef business targets further market share and brand strengthening.

• Sports & Entertainment: Maximizing experiential value and stable revenue, leveraging community spaces and synergies with group assets.