Message from the CEO

June 2026

Moving to the Next Stage of Growth through Transformation
The J-Oil Mills Group will translate business transformation ^​​^​ into  sustainable growth to realize our vision of
 “Joy for Life—Bringing Joy to the Future by Food.”

The business environment surrounding our Group is undergoing significant structural changes, driven by rising raw material and other costs, as well as shifts in supply-demand dynamics. We find it increasingly difficult to secure stable earnings with conventional business approaches, but at the same time, we view these changes as an opportunity for us to reassess and transform our business structure for our sustainable growth.

Although FY2025 presented challenges from short-term financial perspectives, we steadily advanced structural reforms in existing businesses, improved productivity, and enhanced capital efficiency. Also, we made steady progress in executing our growth strategy and strengthening our business foundation. 

In FY2026, we will take immediate actions to strengthen financial profitability and enhance our future prospects. We will aim to reinforce our core businesses and advance our business portfolio, together with geographical expansion. 

Furthermore, reinforcing our business foundation is essential to realizing this transformation. We will continue enhancing operational excellence under the data-driven decision-making processes while driving human capital management initiatives to move both our people and organizations to the next level, enabling  to continuously drive transformation. 

From a financial perspective, we will maintain financial soundness while optimizing the balance of investment for future growth and returns to shareholders. With regard to shareholder returns, we will newly position dividend on equity (DOE) as a key indicator in addition to the dividend payout ratio, ensuring stable dividend payout with a medium-term DOE target of 3%.  At the same time, we will improve profitability and maximize working capital efficiency so that we can allocate more capital to investments in growth opportunities and shareholder returns. 

We commit ourselves to meeting the expectations of our shareholders and investors through these initiatives. Given continued changes in external environments, we seek to employ a style of business management that takes on future changes in advance, enabling us to realize the sustainable enhancement of corporate value .