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Message from the President

Greetings

Message from the President

From revival to growth
The J-Oil Mills Group aims to transform and grow in order to realize "Joy for Life®-Bringing joy to the future through food®."

Our Group has set "Joy for Life®-Bringing joy to the future through food®" as the future we aim for, and we contribute to people's lives by providing society with the joy of "eating" and "cooking" and by solving social issues such as health, the environment, and food resources.

In the 2020s, the COVID-19 pandemic and rising raw material prices continued to create difficult conditions, but thanks to structural reforms and the promotion of our management foundation, we achieved our highest profit since our founding last year and made a comeback. In addition, we worked to improve asset efficiency by reducing inventory assets through streamlining the entire value chain and by selling cross-shareholdings.

In this VUCA era, where the external environment is expected to continue to change in an even more severe way, what is expected of the Group is to steer toward growth based on this recovery and show us the next step toward achieving sustainable growth.

As a pillar of our growth strategy, we will work to strengthen the profitability of our existing businesses and reform our business portfolio. With regard to our existing businesses, we will further expand our diverse product portfolio, which has the advantage of being low-impact, to meet the needs of a wide range of customers. In addition, we will deepen our strength in proposing "Delicious Design®"in order to transform our current business portfolio, which is centered on oils and fats and has high volatility risk, into one with higher added value. Using this enhanced ability to propose "Delicious Design®", we will take on the challenge of building new business models and expanding overseas.

To realize our growth strategy, we need to strengthen the human resources that support it. For that reason, in April of this year, we established the Human Resources Committee, an advisory body to the Executive Management Meeting, and decided to strengthen our efforts regarding human capital management. Through these efforts, we hope to develop not only management personnel, but also middle management who can lead the teams, and to promote the creation of teams that embody our value of "overcoming barriers, taking on challenges together, and exceeding expectations."

The environment surrounding our group is expected to continue to undergo significant changes, but we will continue to engage in dialogue with various stakeholders, including investors and employees, as we boldly take on new challenges to realize the future we envision and create value for the foreseeable future. We look forward to your continued support in the future.

June 2025
Representative Director and President Yuichiro Haruyama

Yuichiro Haruyama

Making the Shift from Revival to Growth
The J-Oil Mills Group is driving transformation and growth to realize its vision of “Joy for Life: Bringing joy to the future by food.”

The J-Oil Mills Group has the vision - “Joy for Life: Bringing joy to the future by food”. Through our business, we deliver the joy of preparing and eating food to the society, while contributing to better living by addressing social challenges related to health, environment, and food resources.

Since the start of the 2020s, the external environment has remained challenging due to events such as the COVID-19 pandemic and surging raw material prices. Thanks to our efforts to restructure certain businesses as well as to strengthen our corporate infrastructure, however, we achieved record-high profits last fiscal year—marking a strong comeback. In addition, we successfully improved asset efficiency by optimizing inventory level in the entire value chain and by selling off cross-shareholdings.

In this era of VUCA, which unexpected changes in external environment will continue to take place, we will invest in enriching business portfolio and enhancing corporate infrastructure to achieve sustainable growth.

Our growth strategy centers on strengthening capabilities of existing businesses and transforming our business portfolio. For our existing operations, we will broaden our lineup of low-burden products to meet a wider range of customer needs. At the same time, we will work to transform our current business portfolio—heavily weighted toward edible oils and fats with volatility risk—into one that creates higher added value. To do so, we will deepen our unique strength: the ability to deliver proposed solutions through “Oishisa Design,” or by “creating deliciousness.” By leveraging this enhanced solution capability which is our new core competency, we will take on challenge of developing new business models and accelerating global business expansion.

To implement these strategies, it is essential to strengthen the human capital and enhance corporate culture. Therefore, in April 2025, we established the Human Resources Committee as an advisory body to the Management Committee, with the aim of reinforcing our approach to human capital management. Through this initiative, in addition to expanding a pool of future management executive candidates, we are cultivating middle managers who can lead teams aligned with our values of working together to achieve challenging targets and exceed expectations.

While external environment is expected to change, we remain committed to taking bold steps to achieve our vision, while engaging in dialogue with all stakeholders—including investors and employees—and creating value into the future. I ask for your continued support and understanding as we pursue this journey together.

June 2025
Representative Director, President and CEO, Yuichiro Haruyama

Yuichiro Haruyama

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