Contribution to the food value chain
Contribution to the food value chain
- Sustainability
- Our priorities
- Contribution to the food value chain
Working with customers to refine our technologies, products, and services for enhanced value
Global demand for oils and fats is increasing, and as society and the environment change, people are using oils and fats more frequently and in different ways. The Nisshin OilliO Group uses technology to further enhance the value of plant resources and to collaborate with customers to achieve the solutions society needs. We contribute to the food value chain by creating value and consistently providing products and services that engender a sense of security.
Shared values
- Contribute to the advancement of domestic food and animal production industries by providing a stable supply of oils, fats, and meal.
- Work with customers to expand solutions by creating new functions and uses for oils and fats and other plant resources.
- Maximize the functions of oils and fats to prevent edible food from being thrown away.
- Utilize plant resources to satisfy new preferences and ensure a stable supply of food.
CSV goals for FY2030 (major KPIs)
Stable supply of food energy in Japan (percentage of total domestic energy)
Provide solutions by demonstrating user support functions
Increase in the number of user support cases (compared with FY2019)
Social environment and issues
- International competitiveness of the domestic oilseed processing business will decline due to the progress of TPP and other trade agreements, and the intensification of international competition in securing food resources.
- Consumers’ and corporations’ desire for new products and value will increase.
- Japan will face labor shortages as the working-age population declines.
- Efforts to address global food shortages and food loss will intensify.
- Industries that underpin the food supply will develop in countries and regions with growing populations and middle-income brackets.
Impact on the Group ▲: Risk ●: Opportunity
- ▲ Reduced profitability of the oilseed processing business due to contracting domestic animal production industry and competition from imported meal.
- ● Oils and fats must fulfill more sophisticated functions and roles, mainly to address labor shortages and food loss.
- ● Providing products and services that contribute to resolving societal issues leads to expanded business opportunities.
- ● In developing countries, the food industry can develop and lead to business opportunities.
- ● Advances in alternative food production technologies expand options for food production schemes.
Specific efforts to resolve issues
- Promoting alliance strategies and other measures to ensure the sustainability of the oilseed processing business.
- Implementing innovative sales processes to strengthen continuous development and proposals to resolve the ever-changing issues of customers.
- Developing applications to combine oils and fats with other materials to develop new foods, raw materials for food processing, and more.
- Advancing technological development for maintaining flavor and extending “best before” dates.
- Working on alternative lipid production by striving to establish new food production schemes, acquire new oilseed resources and functional materials, and the like.
- Responding to new trends in food (e.g., replacing meat and dairy with plants to meet continually growing demand) to fulfill expectations to help eliminate food shortages in the future.