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 Domestically, general oils and fats for processing together with specialty products such as hard butters for chocolate continued to demonstrate steady results, but adverse market trends as demonstrated from the struggling of industrial-use canned products and raw material prices lead to year-on-year decreases for both sales and profit.
In our overseas subsidiaries, although sales for Eastern Europe and Russia struggled from the weak economy, sales in Southeast Asia and North America continued to post steady growth. Improvements in profitability within the refining division and enhanced sales of specialty products offset the decrease in net sales from increased raw material prices, which in turn expanded profit.
Through these results, this division achieved a sales volume of 83,147 million yen (a decrease of 21.9% y-o-y) and an operating income of 7,820 million yen (6.5% y-o-y increase). |
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 Domestically, chocolates for industrial use such as for frozen chocolates and chocolates for baking posted steady results. Creams, margarines and fillings also saw solid results following improved sales of products focused on pricing and functionality. Imported confectionary and baking ingredients enhanced its sales of milk powder products but nevertheless experienced profit decline due to fluctuating raw material prices.
Our subsidiary overseas increased sales volume following expansion of sales for creams and margarines targeted to Southeast Asia, but was negative in profits due to changing raw material prices.
Through these results, this division achieved a sales volume of 92,073 million yen (a decrease of 2.7% y-o-y) and an operating income of 8,774 million yen (84.5% y-o-y increase). |
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 Domestically, soy protein products achieved gains in sales volume and profit following steady increase in sales of meats, fishery, prepared foods, health foods and other categories. Our subsidiary in China secured positive figures as a result of improvements in profitability.
Sales shrank for soy protein products due to the narrowing down of the product mix, but improved in profits.
For soy protein food function-enhancing ingredients, markets for beverages and fermentation posted solid results following efforts to expand usage options and generated increases in sales and profit.
Soy milk and mail orders continued to face unfavorable market conditions, but cost reduction measures resulted in improved profits.
Through these results, this division achieved a sales volume of 38,009 million yen (a decrease of 0.9% y-o-y) and an operating income of 1,365 million yen (an operating loss of 569 million yen was recorded in the previous year). |
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