Food
Continue selection and concentration with focus on core products to build income
Major factors for decline in income
-Increase in retirement benefits due to negative interest rates, -1.5 billion yen
-Decline in marginal profit due to reduction of existing products, -1.9 billion yen
-Costs expected to rise for raw materials such as cocoa beans and nuts, -2.1 billion yen
With concerns of personal consumption downturn from March 2016, will not expect a favorable economic environment like the previous fiscal year.
Pharmaceuticals
Secure operating income 10 billion yen, comparable with the previous year
Major factors for decline in income
-NHI drug price revisions
-Increased expenses for promotional activities for launching products
Offset above factors by
Cost reductions
increase volume of mainstay and new products
Continue selection and concentration with focus on core products to build income
Major factors for decline in income
-Increase in retirement benefits due to negative interest rates, -1.5 billion yen
-Decline in marginal profit due to reduction of existing products, -1.9 billion yen
-Costs expected to rise for raw materials such as cocoa beans and nuts, -2.1 billion yen
With concerns of personal consumption downturn from March 2016, will not expect a favorable economic environment like the previous fiscal year.
Pharmaceuticals
Secure operating income 10 billion yen, comparable with the previous year
Major factors for decline in income
-NHI drug price revisions
-Increased expenses for promotional activities for launching products
Offset above factors by
Cost reductions
increase volume of mainstay and new products