Food: Continue Structural Reforms

Meiji Holdings Co., Ltd. Financial Results - For the FYE March 2017 -

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	Financial Results - For the FYE March 2017 -

	Contents

	1. Overview for the FYE March 2017

	2. Outlook for the FYE March 2018 Food: Increase Income - Grow Sales of Core Products and Reduce Cost Food: Expand Domestic Share of Core Products - Accelerate Selection and Concentration Food: Continue Structural Reforms Food: Overseas Business - Stabilize Profitability and Challenge for Further Growth Pharma: Increase Income - Focus Resources on Core Domains, Steady Sales Growth and Further Low-Cost Operations Pharma: Steady sales growth in Japan and overseas Pharma: Further Expand Generic Drug Business - Add New Business Model Plan - FYE March 2018 Use of Cash Flows Summary - Progress in STEP UP 17 Strategy

	3. The Meiji Group 2026 Vision (outline)

	Appendix

	Back cover

Food: Continue Structural Reforms

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Sales

• Focus on core products and expand share

• Continue to reduce number of products, eliminate unprofitable businesses

Production

• Increase production capacity for core products

• Increase productivity

Distribution

• Optimize distribution system in Kanto region

Completed for chilled products already

Will be completed for room temperature products in FYE March 2018

• Improve shipping efficiency

Review delivery routes

• Control distribution costs that increase with sales growth

Forecast increase in income of JPY 5.5 billion in FYE March 2018