KENKO Mayonnaise Upgrades ‘Vision 2035’ to Pursue Global Food Solutions and Cash-Based Growth

KENKO Mayonnaise Co., Ltd. ( (JP:2915) ) has issued an announcement.

KENKO Mayonnaise has revised its medium- to long-term management plan, “KENKO Vision 2035,” after achieving some management targets earlier than expected and in response to significant changes in the external business environment. The company aims to maintain its independence by strengthening management practices that emphasize cost of capital and stock price, while updating its strategic direction around a new concept of transforming into a global food solution company.

Under the revised plan, KENKO will shift from being primarily a quality-focused food manufacturer to a provider of services that deliver excitement and discovery to customers, deepening its “customer IN” approach and expanding contact points, including accelerated overseas business. The company is also moving from digital transformation to broader business-process transformation across R&D, operations, and finance, and will pursue a long-term balance of growth, profitability, and financial soundness through cash-based management, enhanced corporate value, and increased shareholder returns.

The most recent analyst rating on (JP:2915) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on KENKO Mayonnaise Co., Ltd. stock, see the JP:2915 Stock Forecast page.

More about KENKO Mayonnaise Co., Ltd.

KENKO Mayonnaise Co., Ltd., listed on the TSE Prime Market, operates in the food industry, manufacturing and selling food products with an emphasis on quality and taste. The company focuses on providing food solutions under its mission of contributing to the world through food and is increasingly targeting global markets through expanded overseas development.

Average Trading Volume: 40,342

Technical Sentiment Signal: Buy

Current Market Cap: Yen37.66B

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