2025 New Year's Address by the President & CEO of Fuji Oil Holdings Inc.

At the start of this new year, I’d like to offer my greetings.

2024 was a year continuously rife with uncertainty, seeing geopolitical issues, increasing fury of the natural environment, and issues with the economic environment, such as rising prices, issues in the exchange, and logistics problems. Additionally, we observed the historic surge in cocoa bean futures prices recorded in April of last year. The prices have since stabilized, though they have experienced a resurgence towards the end of 2024. We remain dedicated to closely monitoring the impact on our business.

From April 1st, we’re going to start as a new Fuji Oil. Additionally, we’re planning on announcing our new midterm management plan in May.

Continuing the reinforcement of our base that we focused on in our current midterm management plan, “Reborn 2024”, the new midterm management plan is positioned as a second phase towards 2030. We’re going to increase the efficacy of our business axis and reinforce management throughout the group.
We’re currently staring down an ordeal that sees costs rising centered around our industrial chocolate business. However, we’re also aware of opportunities for our company to grow through increasing demand toward vegetable fats for chocolate (CBE) and compound chocolate, as well as for sustainable raw materials.
Our four businesses of vegetable oils and fats, industrial chocolate, emulsified and fermented ingredients, and soy-based ingredients each have their own strength, and I believe that we have a responsibility to maximize utilization of those strengths, to deliver deliciousness to consumers, and to co-create a sustainable future for food.

As a company that was founded in October 1950, this year is going to mark a turning point for our company: our 75th anniversary.
I hope we can make this a year in which the group unifies so that we can make further contributions by bringing deliciousness to people as we move towards our hundredth anniversary.

We at the Fuji Oil Group hope to receive your continued support in this year.