Announcement of the Settlement of Accounts for the Year Ending March 2015

Domestically, sales for blended oils centering on industrial use 18-liter square cans decreased, but increased sales were achieved due to increased sales volume and sales prices of coconut oil, palm oil and hard butters for chocolate.
Overseas, the sales volume of hard butters for chocolate in the United States, Southeast Asia and China increased, and sales and profits increased due to factors including an overall increase in sales prices and favorable yen conversion rates due to the weakened yen.
Through these results, this division achieved a sales volume of 104,838 million yen (10.1% y-o-y increase) and an operating income of 5,326 million yen (18.5% y-o-y increase).

Confectionery and Baking Ingredients Division

Domestically, sweet chocolates, ice-coating chocolates, and molded chocolates posted gains in sales volume, resulting in increased sales for chocolates. Sales of cream and fillings increased and sales of margarines and prepared products decreased, but net sales overall for the Confectionery and Baking Ingredients Division increased. In terms of profitability, profits decreased as a result of an overall increase in the price of raw materials.
Overseas, sales of chocolate progressed favorably in Southeast Asia. Sales of creams increased in Southeast Asia, and sales of margarines, shortenings, and fillings increased in China and Southeast Asia. Although overall sales increased, lower sales of prepared products for Japan combined with struggling profitability lead to lower profits.
Through these results, this division achieved a sales volume of 127,631 million yen (7.6% y-o-y increase) and an operating income of 8,674 million yen (10.8% y-o-y decrease).

Soy Protein Division

Soy protein ingredients decreased sales volume for meat, health foods, prepared foods, processed foods, fermentation and culture medium, and in the fishery market, leading to a decrease in sales overall. Food function-enhancing ingredients improved in sales following increase in sales for beverages and processed foods. Soy protein products sales saw lower sales as products for instant noodles, catering foods and the fishery market accumulated lower sales. Sales of soy milk increased due to sales of new products, resulting in increased overall sales for the soy protein division. In terms of profit, soy protein ingredients and soy protein food products saw lower profits resulting from decreased sales and higher raw material prices, and while functional food ingredients saw increased profits, the overall profit for the soy protein division decreased.
Through these results, this division achieved a sales volume of 39,433 million yen (0.6% y-o-y increase) and an operating income of 210 million yen (79.3% y-o-y decrease).