Shoei Foods Corporation

Basic Information

Stock Code
8079
Industry
Wholesale
Category Detail
Food Manufacturing
Prefecture
Tokyo
Establishment Year
November 1947
Listing Year
August 1986
Official Website
https://www.shoeifoods.co.jp/
TSE Information
TSE Information
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Overview

Shoei Foods Corporation is a food wholesaler founded in 1947, having established a solid position in the domestic market centered on dairy products and confectionery raw materials, and operates as a comprehensive food trading company that manufactures and sells diverse food products.

Current Situation

Shoei Foods Corporation recorded consolidated sales of approximately 99.6 billion yen and operating profit of approximately 4.2 billion yen for the fiscal year ending October 2021, maintaining stable growth. It handles a variety of foods including mainstay dairy products and confectionery raw materials, as well as dried fruits and nuts, possessing competitiveness as a food specialized trading company. Within the industry, as a wholesaler, it maintains strong partnerships with manufacturers and a robust sales network, and through multiple subsidiaries such as Shoei Delishy, engages in manufacturing and sales of confectionery products. In recent years, it has focused on enhancing product value and expanding assortments, strengthening offerings for health-conscious and natural-oriented trends. It actively promotes sustainability, emphasizing reduction of environmental impact from raw material procurement through manufacturing and sales. In the medium to long term, it aims to expand revenue through business collaborations and new food development, while building a flexible response system to industry changes. Strengthening product competitiveness and customer base for differentiation from competitors remains a challenge. Overall, it possesses a solid management foundation and a commitment to sustainable growth aligned with changes in the food industry.

Trivia

Interesting Facts

  • Founded in 1904, it is a company with a long history dating back to pre-war times.
  • A long-established food wholesaler with headquarters in Akihabara.
  • The confectionery division operates independently as Shoei Delishy.
  • Strong in domestic dairy product wholesaling.
  • High market share in supplying dried fruits and nuts raw materials.
  • Contributes broadly to the confectionery market with diverse brands.
  • Has multiple consolidated subsidiaries handling manufacturing and sales.
  • Capital of approximately 3.3 billion yen with a stable financial base.
  • Meets consumer needs through diverse sales channels.
  • Operates in both business-to-business and retail segments.
  • President is Ichiro Honda, Vice President is Hideaki Honda.
  • Listed on the Tokyo Stock Exchange Prime Market with significant presence in the industry.
  • 1,410 consolidated employees, mid-sized organizational structure.
  • Particular emphasis on product quality management.
  • Continues stable raw material supply to Japan's confectionery industry.

Hidden Connections

  • Shoei Delishy is a key market partner in confectionery brands.
  • Acquired Tsukuba Dairy as a subsidiary to expand dairy supply network.
  • Akihabara location contributes to logistics and distribution efficiency.
  • Major shareholder Honda Kosan supports management stability.
  • Collaborates with multiple food industry competitors to maintain market position.
  • Strong relationships with confectionery material suppliers and patisseries nationwide.
  • Multiple personnel changes reported in Nikkei articles, drawing attention.
  • Many products are nationally distributed rather than regionally limited.

Future Outlook

Growth Drivers

  • Increasing demand for nuts and dairy due to health trends
  • Expansion of domestic and international confectionery markets and strengthened raw material supply
  • Improved market competitiveness through sustainable product development
  • Sales efficiency improvements via digitalization
  • Flexible response to diversifying consumer needs
  • Growth synergies in confectionery division and group subsidiaries
  • Expanded multi-purpose applications for processed fruit products
  • Stable demand in business-use food market
  • Cost reduction effects from improved logistics efficiency
  • Promotion of product development compliant with environmental regulations
  • Optimization of overseas raw material procurement and risk reduction
  • Customer loyalty expansion through strengthened brand power

Strategic Goals

  • Achieve consolidated sales of 120 billion yen
  • Make 50% or more of product lineup sustainable
  • Expand market share through new product development
  • Realize diversification of domestic and international sales channels
  • Establish sustainable raw material procurement system
  • Maintain top-class position in the confectionery industry
  • Promote business efficiency through digital technology utilization
  • Steady progress management of environmental impact reduction targets
  • Foster innovation through diverse talent utilization
  • Strengthen coexistence with regional communities and improve social evaluation

Business Segments

Dairy Products Wholesale

Overview
Wholesales dairy products and a wide range of food ingredients, providing stable supply to various industries.
Competitiveness
Long track record of transactions and quality control systems
Customers
  • Food Manufacturers
  • Confectionery Makers
  • Food Service Chains
  • Food Processors
  • Retailers
Products
  • Fresh Cream
  • Butter
  • Milk
  • Dairy Processed Products

Confectionery Raw Materials Supply

Overview
Provides diverse raw materials to the confectionery industry and supports product development.
Competitiveness
Diverse product lineup and customization capabilities
Customers
  • Confectionery Manufacturers
  • Bakery Operators
  • Confectionery Factories
  • Retailers
  • Restaurants
Products
  • Chocolate
  • Nuts
  • Dried Fruits
  • Processed Sugars

Processed Fruit Products Sales

Overview
Provides processed fruit products tailored to diverse needs.
Competitiveness
High quality standards and stable supply capabilities
Customers
  • Confectionery Makers
  • Beverage Manufacturers
  • Retailers
  • Food Processors
Products
  • Dried Fruits
  • Fruit Puree
  • Canned Fruits

Nuts Supply

Overview
Stably supplies nuts considering health-conscious demand.
Competitiveness
Select imported materials and high-quality processing technology
Customers
  • Confectionery Makers
  • Health Food Manufacturers
  • Restaurants
  • Retailers
Products
  • Almonds
  • Cashew Nuts
  • Hazelnuts

Confectionery Products Manufacturing and Sales

Overview
Expands own-brand confections and advances market development.
Competitiveness
Product planning capabilities with unique recipes
Customers
  • Retail Stores
  • Convenience Stores
  • Department Stores
  • Specialty Stores
Products
  • Chocolate Confections
  • Barley Chocolate
  • Marron Glace

Competitive Advantage

Strengths

  • Diverse food product lineup
  • Solid financial base and stable earnings
  • Long industry experience and trust
  • Group structure with multiple subsidiaries
  • Expertise in confectionery raw materials
  • Specialization centered on dairy products
  • Strong wholesale network
  • Thorough product quality control
  • Diverse customer base
  • Focus on sustainability
  • Established position in the domestic market
  • Regionally attuned marketing
  • Strong relationships with confectionery customers
  • Utilization of diverse distribution channels
  • Stable supply system

Competitive Advantages

  • Expertise and track record in dairy wholesaling
  • Complex food ingredient procurement network
  • In-house manufacturing capabilities in confectionery
  • Synergies from group company collaborations
  • Enhanced customer touchpoints via diverse sales channels
  • Established long-term stable customer base
  • Thorough product quality assurance system
  • Capabilities in unique confectionery brand development
  • Sales strategy rooted in the domestic market
  • Improved reliability in raw material procurement
  • 対応 to diverse food processing fields
  • Promotion of environmentally considerate product development
  • Provision of affordable high-quality products
  • High industry recognition and brand awareness
  • Rapid response to customer needs

Threats

  • Risk of raw material price fluctuations
  • Intensifying price competition with rivals
  • Strengthened regulations on food safety and quality control
  • Demand fluctuations due to changing consumer preferences
  • Risk from dependence on imported products
  • Consumption decline due to economic fluctuations
  • Labor shortages in the food industry
  • Cost increases from stricter environmental regulations
  • Supply chain disruptions from natural disasters
  • Pressure for product changes due to health trends
  • Market entry by new competitors
  • Intensifying competition in overseas markets

Innovations

2023: Strengthening Development of New Confectionery Raw Materials

Overview
Advanced development of health-oriented raw materials for confectionery and added new products.
Impact
Achieved market expansion and improved customer satisfaction.

2022: Innovation in Fruit Processing Technology

Overview
Improved manufacturing processes for dried fruits to enhance quality.
Impact
Differentiated products and strengthened competitiveness.

2021: Introduction of Product Traceability System

Overview
Enhanced history management from raw materials to sales, upgrading quality assurance.
Impact
Improved food safety and gained customer trust.

2024: Introduction of Environmentally Friendly Packaging

Overview
Developed and implemented new packaging materials to reduce plastics.
Impact
Advanced sustainability and enhanced brand image.

2020: Renewal of Online Ordering System

Overview
Introduced digital ordering platform for business partners.
Impact
Improved operational efficiency and customer convenience.

Sustainability

  • Review of packaging materials to reduce environmental impact
  • Promotion of sustainable raw material procurement
  • Implementation of food waste reduction programs
  • Employee environmental education and awareness activities
  • Promotion of eco-activities in collaboration with local communities
  • Introduction and optimization of energy-saving equipment
  • Strengthening of recycling activities
  • Setting phased targets for CO2 emission reductions
  • Thorough product lifecycle management
  • Enhancing environmental considerations across the supply chain
  • Formulation of sustainable management policies
  • Activation of CSR activities