Fukutome Ham

Basic Information

Stock Code
2291
Industry
Food Products
Category Detail
Food Manufacturing
Prefecture
Hiroshima Prefecture
Establishment Year
September 1962
Listing Year
September 1987
Official Website
http://www.fukutome.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Aikawa Bokujo, ACSez, Hokuryo, Nippon Ham, Marudai Food, S Foods, Takizawa Ham, Kakinan Honten, Itoham Yonekyu Holdings, Asahimatsu Foods, Ifuji Sangyo

Overview

Fukutome Ham is a major manufacturer of processed meat products founded in 1919, with its base spanning from Chugoku-Shikoku to Kyushu, where it develops high-quality ham and sausage products.

Current Situation

Fukutome Ham recorded consolidated sales of approximately 24.4 billion yen (fiscal year ended March 2022), but posted operating losses, ordinary losses, and net losses in the same period. Its core processed meat products business has a strong sales network from Chugoku-Shikoku to Kyushu and focuses on regionally tailored product offerings. The company operates multiple factories in Hiroshima, Fukuoka, Kumamoto, and Chiba, strengthening its production system. In recent years, it has worked to improve ham and sausage manufacturing techniques, focusing on enhancing quality and safety. While developing new products and reinforcing existing brands, it is also boosting brand awareness through sponsorships of local TV programs. Environmental initiatives are limited, but the company is promoting regional contributions and sustainable production systems. Looking ahead, intensified competition with industry rivals is expected, and it aims to improve profitability through quality, regional closeness, and diversification of sales channels.

Trivia

Interesting Facts

  • Industry veteran founded in 1919 with over 100 years of history.
  • Strong commitment to local specialty Hiroshima Mochi Pork.
  • Equipped factories with bio-clean rooms for thorough hygiene management.
  • High recognition and market share centered in Hiroshima, across Chugoku-Shikoku and Kyushu.
  • Uses traditional characters for 'Fukutome' in company name.
  • Deeply rooted in the community as a regional TV program sponsor.
  • Boasts a diverse lineup of hams and sausages.
  • Local banks and companies listed as shareholders.
  • Region-limited brand 'Hiroshima Port Town Ham Workshop' is popular.
  • Regional circumstances led to temporary suspension of CM broadcasts during the pandemic.

Hidden Connections

  • Multiple local banks hold shares, contributing to the regional economy.
  • Technology exchanges in meat processing with peer companies.
  • Popular limited product developments through collaborations with local food manufacturers.
  • Active advertising on local media including TV anime programs.
  • Founder family member Shuji Nakajima involved in management for a long period.
  • Strong historical background as a regionally focused meat wholesaler.
  • Many product plans linked to local food culture.
  • Long-term trusted relationships with local retailers form the foundation.

Future Outlook

Growth Drivers

  • Increasing demand for regionally focused products
  • Expansion of high-value premium meat market
  • Strengthened development of products for health-conscious consumers
  • Sales expansion through pursuit of convenience in frozen and processed foods
  • Expanded sales channels via strengthened ties with local food service industry
  • Enhanced brand trust through advanced hygiene and quality management
  • Youth market development using digital marketing
  • Cost reduction through stabilized raw material procurement
  • Penetration of environmentally considerate production systems

Strategic Goals

  • Achieve sales of 30 billion yen scale
  • Nationwide rollout of region-limited premium brands
  • Establish production system meeting sustainability standards
  • Develop new sales channels and promote digitalization
  • Strengthen cost competitiveness with 30% production efficiency improvement
  • Product development promoting reduced environmental impact
  • Coexistence with local communities and enhanced brand value

Business Segments

For Wholesale and Food Service Industry

Overview
Provides processed meat products with stable supply and superior quality control to the food service industry and retailers.
Competitiveness
Strong regional supply network in Chugoku-Shikoku and Kyushu
Customers
  • Supermarkets in Chugoku-Shikoku region
  • Retail chains in Kyushu region
  • Food service chains
  • School lunch providers
  • Hotels
  • Hospitals and nursing facilities
  • Food processors
Products
  • Bulk supply of ham and sausages
  • Bulk fresh meat slices
  • Pre-cooked meat processed products
  • Meat raw material supply

Raw Material Supply for Food Manufacturing and Processing

Overview
Stably supplies high-quality meat raw materials and seasoning ingredients to processed food manufacturers.
Competitiveness
Rigorous raw material procurement and safety management system
Customers
  • Ham manufacturers
  • Other food processors
  • Feed manufacturers
  • Frozen food manufacturers
Products
  • Meat raw materials
  • Processed meat materials
  • Frozen meat
  • Seasonings for meat processing

For Gifts and Presents

Overview
Plans upscale gift products and sells them to department stores, etc.
Competitiveness
Product lineup emphasizing regional characteristics
Customers
  • Department stores
  • Mail-order companies
  • Gift specialty stores
  • Corporate gift departments
Products
  • Ham gift sets
  • Assortment products
  • Seasonal limited products

For Frozen Food Processors

Overview
Provides meat processing raw materials to frozen food operators, offering convenience and quality.
Competitiveness
Long-term storable products thanks to quality-preserving freezing technology
Customers
  • Frozen food manufacturers
  • Bento box caterers
  • Commercial prepared food providers
Products
  • Frozen sausages
  • Frozen meat processed products
  • Frozen prepared food raw materials

OEM Manufacturing Services

Overview
Manufactures other companies' branded products and regional goods on consignment.
Competitiveness
Manufacturing flexibility to meet diverse customer needs
Customers
  • Food manufacturers
  • Distributors
  • Local specialty developers
Products
  • Contract processed meat products
  • Branded products
  • Region-limited products

Competitive Advantage

Strengths

  • Strong regionally focused sales network
  • High-quality product manufacturing technology
  • Diverse product lineup
  • Stable raw material procurement system
  • Trusted brand recognition
  • Multifaceted sales channels
  • Long-standing trust as a local company
  • Comprehensive production factory network
  • Local specialty development capabilities
  • Solid financial foundation

Competitive Advantages

  • Superior market share in Chugoku-Shikoku and Kyushu regions
  • Thorough product quality control and safety pursuit
  • Product development tailored to regional demands
  • Strong regional promotions and brand support
  • Ability to meet wide consumer needs with diverse products
  • Accumulated expertise in meat processing technology
  • Differentiation through region-limited original products
  • Provision of OEM production services tailored to customer needs
  • Market penetration via extensive sales channels
  • Brand awareness expansion using local media

Threats

  • Intense price competition with major food manufacturers
  • Risk of fluctuations in meat raw material prices
  • Declining demand due to Japan's shrinking population
  • Demand shifts from changing consumer health consciousness
  • Cost increases from strengthened food hygiene regulations
  • Intensified market competition from new entrants
  • Rising distribution costs and logistics challenges
  • Complex customer needs from food diversification
  • Labor shortages due to aging population
  • Impacts on supply chain from natural disasters, etc.

Innovations

2023: Development of New Sausage Production Method

Overview
Introduced new process in Water, Salt, Charcoal series to improve flavor.
Impact
Contributes to product differentiation and sales growth.

2022: Enhanced Production Process Automation

Overview
Promoted efficiency by installing automatic packaging machines at Hiroshima factory.
Impact
20% improvement in operational efficiency and quality stabilization.

2021: New Product Launch for Local Brand Pork

Overview
Improved quality of Hiroshima Mochi Pork and expanded product lineup.
Impact
Expanded support from local customers and premium positioning.

2020: Strengthened Hygiene Management System

Overview
Enhanced product safety by introducing bio-clean rooms.
Impact
Reduced risk of foreign matter contamination.

Sustainability

  • Waste reduction and recycling promotion
  • Sustainable raw material procurement through collaboration with local farms
  • Introduction of energy-saving equipment and reduction of environmental impact
  • Promotion of biomass conversion of food waste
  • Participation in environmental protection activities in collaboration with local communities