Kewpie Corp - Company Profile
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Business Description
Kewpie Corp (Kewpie) is primarily engaged in the manufacturing and wholesaling of food products. The company operates through a network of fifty-four consolidated subsidiaries, twenty-seven affiliated companies, and one associated company. Its key industries include the retail market, food services, overseas food solutions, fruit solutions, and fine chemicals. Kewpie is known for its production of mayonnaise, dressings, salads, delicatessen foods, jams, and fruit-processed foods. The company also manufactures and sells hyaluronic acid and other fine chemical products. Kewpie's operations extend globally, with a presence in over 60 countries and regions, including China, Southeast Asia, North America, and Europe.
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R&D Overview
Kewpie engages in research and development across various fields, focusing on human health, planetary wellbeing, and future diets and lifestyles. The company has launched several innovative products, such as Choline EX, a supplement for cognitive function, and Sarapan, a dietary approach to reduce post-meal blood glucose levels. Kewpie is also working on recycling initiatives to reduce plastic use and CO2 emissions, and has introduced plant-based and allergen-reduced products. The company is involved in developing new products and improving existing ones in categories like mayonnaise, dressings, pasta sauces, baby foods, and ready-made foods. Additionally, the company is expanding its presence overseas by tailoring products to local tastes and trends. In the Fruit Solutions Business, it is promoting fruit consumption for mental and physical health, while in the Fine Chemicals Business, Kewpie developing new functions for ingredients like hyaluronic acid and acetic acid bacteria. The R&D unit of Kewpie is responsible for developing new products, improving existing ones, and conducting research in various fields such as human health, planetary wellbeing, and future diets and lifestyles. The unit also focuses on recycling initiatives and expanding the company's presence in international markets. In FY2024, the company incurred expenses of JPY3,856 million on R&D, which as a percentage stood, at 0.8%.
Business Segments
Overview
Sells food products and production equipment. Operates through Shiba Seisakusyo Co Ltd subsidiary, K.System Co, Ltd, and Kewpie Corporation.
Performance
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Overview
Includes manufacturing and selling hyaluronic acid, egg yolk lecithin, and other materials for pharmaceuticals, cosmetics, and food industries. It also offers nutritional supplements and skincare products. The segment's strategy is to leverage accumulated technologies to enhance product functionality and convenience, contributing to healthy lifestyles.
Performance
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Overview
Provides a wide range of products used as ingredients in retailer and convenience store delicatessen foods, restaurants, bakeries, and processed food manufacturers. Products include liquid and frozen eggs, vinegar, seasonings, cooking sauces, and processed foods like omelets and egg salad. The segment's strategy focuses on leveraging unique technologies and product development capabilities to propose professional-grade products, menus, and operational improvements, addressing diverse needs and labor shortages.
Performance
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Overview
Includes manufacturing and selling jams, orange marmalade, frozen fruit, and fruit sauces for food manufacturers and restaurants. It serves the food industry by providing processed fruit products. The segment aims to enhance technologies and create new fruit value, focusing on making fruit more accessible to enrich customer diets and health.
Performance
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Overview
Includes manufacturing and selling mayonnaise, dressings, and other condiments in Asia-Pacific, North America, and Europe. It serves the food industry, delivering products to over 60 countries and regions. The segment's strategy is to contribute to global food culture and health by creating new food cultures tailored to regional needs, leveraging quality and menu proposal capabilities from Japan.
Performance
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Overview
Includes manufacturing and selling mayonnaise, salad dressings, packaged salads, delicatessen foods, pasta sauces, baby foods, and nursing care foods. It serves the household products industry in Japan. The segment's strategy is to develop products that add value for customers, including condiments with health benefits and convenient products, while leveraging digital technologies to meet individual needs.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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