2017_4q_fpco_e
34/34 － Towards an ordinary profit target of 20 billion yen
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00:27:53.2
I will now sum up our future actions. In terms of product strategies, we believe that the market for microwavable products is certain to grow. Environmentally friendly products will be helpful for cost competitiveness, and will help customers with CO2 reduction. And as I said earlier, the labor shortage has caused changes in various markets, and we will work to develop products to suit them. Major food manufacturers are emerging, and so are vendors. Restaurant operators are making a range of attempts in an aim to step into the HMR market. We will work to respond to these moves. With regard to investments, the highlight is the Kanto Eco PET Plant that I mentioned just before. On a standalone basis, we will make the biggest investment, specifically 15.7 billion yen, in it, and our challenge for the current fiscal year is to achieve full operation as soon as it is inaugurated. Apart from this, we will push further ahead with automation for labor saving. We now have 200 lines. It is necessary to replace 20 lines each year if they are operated for 10 years, and we will do this actively. The introduction of new machines will boost the productivity of a range of processes. I think that all companies are facing rapidly soaring logistics costs. We use chartered services and our internal software to improve logistics accuracy. Logistics costs will go up, but I will endeavor to minimize their rise. In addition, you have at hand an original product by a company called FP Trading Co., Ltd. Its products are becoming better and better and the company now attains a certain level of sales. We are thinking of making it into a company that is capable of the overall coordination of our products as well as materials and consumables with the use of our network. We will talk about this in the next session, or next year or later. We will clearly define the roles of FP Trading. We have already made 130 billion yen sales from manufactured products, and we will increase this. We have been also making around 40 billion yen sales from procured products. We will increase the pace to expand this. In any case, we will work hard toward the ordinary income target of 20 billion yen, and we ask for your continued support. That concludes my explanation. Thank you for your attention.
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