Hayashikane Sangyo

Basic Information

Stock Code
2286
Industry
Food Products
Category Detail
Food Manufacturing
Prefecture
Yamaguchi Prefecture
Establishment Year
January 1941
Listing Year
May 1962
Official Website
https://www.hayashikane.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Chubu Feed, Hiyowa-san, Higashimaru, Feed One, Senami Tokka, Kyoryo Information and Communications

Overview

Hayashikane Sangyo is a regionally focused food manufacturer based in Yamaguchi Prefecture, founded in 1941, specializing in meat processing and feed manufacturing.

Current Situation

Hayashikane Sangyo recorded consolidated sales of approximately 45.2 billion yen and consolidated total assets of approximately 29 billion yen in the fiscal year ended March 2024. In its core meat processing business, it offers the 'Kirishima Black Pork' brand and provides stable supplies of seafood products such as fish sausages. The feed manufacturing business supplies high-quality feed for poultry and livestock farming, supporting the local livestock industry. Through affiliated companies, it has established a diversified food and feed production system and pursues sustainable growth. Strong collaboration with Maruha Nichiro ensures stable supply of aquatic processed products. While contributing to the local economy, it focuses on developing new materials for health foods. It maintains market competitiveness through production expansion at local factories and rigorous quality control. In recent years, it has refreshed its corporate logo and strengthened its management structure, enhancing its presence on the Tokyo Stock Exchange Standard Market. Long-term growth drivers include expansion of domestic and international feed markets and innovation in meat processing technology.

Trivia

Interesting Facts

  • Founded in 1941, a long-established manufacturer continuing from wartime.
  • Brother company handling Maruha Nichiro's fish sausage production.
  • Kirishima Black Pork brand is a specialty product from Miyakonojo City, Miyazaki Prefecture.
  • Elastin material is a patented functional raw material derived from bonito.
  • Contributes to the local economy as a leading company in Shimonoseki City.
  • Had a women's volleyball team in 1967.
  • Invests in third-sector high-speed ferry between Japan and Korea for regional collaboration.
  • Capital of approximately 3.4 billion yen with a stable financial base.

Hidden Connections

  • Established brother company relationship with Maruha Nichiro through the same founding family.
  • Subsidiary in Miyakonojo City, Miyazaki, integrally operates black pork rearing and meat processing.
  • Elastin business in health food materials holds unique position in food and materials industries.
  • Expanded manufacturing bases to Kagoshima and Kumamoto in Kyushu via affiliates.

Future Outlook

Growth Drivers

  • Stable recovery and expansion of domestic livestock demand
  • Increased demand for new materials from growth in functional food market
  • Rising preference for meat processed products among health-conscious consumers
  • Enhanced supply capacity through strengthened ties with regional small producers
  • Strengthened fundraising on Tokyo Stock Exchange Standard Market
  • Advanced feed manufacturing technology and improved production efficiency
  • Expansion of exports for health food materials overseas
  • Promotion of new technology introduction in meat processing

Strategic Goals

  • Further enhancement of regionally rooted brand value
  • Doubling sales in health food functional materials business
  • Expansion of domestic market share in feed manufacturing and sales
  • Strengthening environmental load reduction and sustainability
  • Equipment renewal at manufacturing bases and DX promotion
  • Establishment of long-term stable management base and financial strengthening

Business Segments

Livestock Feed Supply

Overview
Provides high-quality, nutritionally optimized feed for the livestock industry.
Competitiveness
Formulation technology based on years of experience and regionally integrated production system
Customers
  • Poultry farmers
  • Pig farmers
  • Livestock farmers
  • Pet food manufacturers
  • Food processors
Products
  • Poultry compound feed
  • Pig compound feed
  • Poultry single feed
  • Feed additives
  • Functional feed materials

Aquaculture Feed

Overview
Supplies feed for sustainable aquaculture to support growth.
Competitiveness
Feed manufacturing expertise balancing fish health and production efficiency
Customers
  • Fish farmers
  • Seafood processing companies
  • Aquaculture businesses
  • Fisheries research institutions
Products
  • Fish compound feed
  • Growth feed
  • Functional feed
  • Fish meal raw materials

Meat Processed Products Supply

Overview
Stably supplies high-quality meat processed products to support food service and retail.
Competitiveness
Integrated quality control from black pork rearing to processing
Customers
  • Supermarkets
  • Food retailers
  • Restaurant chains
  • Processed food manufacturers
  • Wholesalers
Products
  • Black pork ham
  • Fish sausage
  • Various sausages
  • Processed meat products
  • Regional brand meat

Health Food Materials Provision

Overview
Develops and provides high-functionality materials for health-conscious consumers.
Competitiveness
High-quality functional protein materials via proprietary extraction technology
Customers
  • Health food manufacturers
  • Cosmetics companies
  • Research institutions
Products
  • Bonito-derived elastin
  • Functional ingredient raw materials
  • Health food materials

Logistics and Warehouse Services

Overview
Provides quality-controlled logistics services for food and feed.
Competitiveness
Strong low-temperature warehouse network in the Shimonoseki area
Customers
  • Related food manufacturers
  • Retailers
  • Feed manufacturers
Products
  • Refrigerated storage services
  • Delivery management
  • Logistics network

Competitive Advantage

Strengths

  • Regionally integrated stable production bases
  • Brand recognition of Kirishima Black Pork
  • Strong collaboration with Maruha Nichiro
  • Diversified business (meat processing, feed, health materials)
  • Long-standing feed formulation technology
  • Solid financial foundation
  • Strong raw material procurement capabilities
  • Thorough quality control system
  • Extensive product lineup
  • Contributions to local community

Competitive Advantages

  • Differentiation and high value-added through black pork brand
  • Sales stability from fish sausage supply to Maruha Nichiro
  • Years of feed manufacturing technology and strong ties with local producers
  • New business expansion via proprietary health food materials development
  • Brand strength as a regionally rooted comprehensive food manufacturer
  • Production diversification and stable supply through multiple factories
  • Reliability based on rigorous quality and safety management
  • Improved production and sales efficiency using consolidated subsidiaries
  • Contributions to regional revitalization leveraging local resources
  • Stable management base with sufficient capital

Threats

  • Risk of cost increases due to raw material price fluctuations
  • Demand contraction from domestic population decline
  • Intensified price competition from rivals
  • Increased compliance costs from stricter food safety regulations
  • Risks in stable procurement of imported feed raw materials
  • Delays in technological innovation in feed and meat processing
  • Risk of factory operations halt due to natural disasters
  • Delays in responding to diversifying and changing consumer preferences
  • Increased manufacturing costs from stricter environmental regulations
  • Intensified competition in overseas market expansion

Innovations

2022: Transition to Tokyo Stock Exchange Standard Market

Overview
Market category change to increase visibility in capital markets.
Impact
Improved stock liquidity and expanded investor base

2020: Corporate Logo Change

Overview
Logo refresh to enhance brand image and market recognition.
Impact
Strengthened customer engagement

2021: Development of New Elastin Material for Health Foods

Overview
Launched bonito-derived ingredients for functional labeled foods.
Impact
Acquired new customers in health food market

2023: Advancement of Feed Formulation Technology Automation

Overview
Enhanced automation in feed manufacturing processes to improve production efficiency.
Impact
Achieved 10% reduction in production costs

2024: Expansion of Feed Product Lineup

Overview
Introduced new products such as functional and organic feeds to the market.
Impact
Expanded customer base and increased market share

Sustainability

  • Strengthening collaboration with local livestock industry to reduce environmental impact
  • Process reviews to reduce food loss
  • Expansion of renewable energy adoption
  • Development of environmentally friendly feed to support sustainable production
  • Promotion of local agricultural and fishery products utilization and local production for local consumption