In our medium- to long-term management plan, we have formulated a growth strategy to achieve sales of 10 billion yen and an operating margin of 15% in FY2029, which is approximately three times the current level. The core of the strategy is "photosynthesis engineering," which we began working on in the first year of the medium-term business plan.
This is to provide customers who are making investments in commercializing not only leafy vegetables but also various photosynthetic organisms (algae, microalgae, extraction of components from plant bodies, etc.) with our expertise in promoting photosynthesis that optimizes light, water, and air (CO2), which we have cultivated through our plant factories, and a system for mass production with high operational efficiency. This field is expected to be a means to solve important issues that society and our company are considering, such as safety and security by shifting raw materials to biological origin, and reduction and fixation of greenhouse gas emissions by utilizing exhaust gas. We will enter this promising market by sublimating our plant factory know-how and rapidly expanding our earnings. The plant factory production and sales business turned profitable in FY2024 and has been contributing to earnings since FY2025. We will maintain our leading position in the industry and promote initiatives for sustainable food and agriculture that respond to climate change and the shortage of farmers.