Presentation of Financial Results
for the Fiscal Year Ended
March 2024
Mitsui Matsushima Holdings Co., Ltd.

1

Contents

P3

FY2023 Financial Results

P9

FY2024 Consolidated Earnings Forecast andShareholder Returns

P15

Review of the Medium-Term Management Plan

P17

Management Strategy 2024

P19

Businesses of the Mitsui Matsushima GroupP24

Reference Materials

2

FY2023 Financial Results3Consolidated Income Statement
Income Statement(Million yen)
FY2022

FY2023Y-o-ychangeNet sales

80,01577,472-2,543Operating profit(before amortization of
goodwill)*

35,789(36,553)

25,170(26,048)-10,618(-10,505)

Ordinary profit

35,93326,004-9,928Net profit attributable toowners of parent

22,977

15,117-7,859Main factors behind changes

・ Conversion of MOS (Consumer Goods Business) andJCH (Industrial Products Business) into subsidiaries
・ Fall in coal prices in the Coal Production Business・Fall in coal prices in the Coal Production Business・ Loss provision of 2,777 million yen for mine closure(Extraordinary loss)* Operating profit before amortization of goodwill is operating profit excluding the amortization of goodwill that arises from business acquisitions.

4Consolidated Segment Information⚫

⚫

The Consumer Goods and Services Business segment comprises the Consumer Goods Business and the Industrial
Products Business.
✓ MOS Co., Ltd. (Consumer Goods Business) was consolidated (4Q FY2022)✓ Japan Chain Holdings, Inc. (Industrial Products Business) was consolidated (3Q FY2023).
The Energy Business segment comprises the Coal Production Business (Note), the Coal Sales Business, and theRenewable Energy Business.
(Note) The fiscal year end of the Coal Production Business is December 31, and the financial figures
for January to December are used.
(Million yen)Segment Profit

Net Sales
Business

FY2022

FY2023Y-o-ychangeBusiness

Consumer Goods andServices

29,504

41,168+11,664

Energy49,06835,094-13,974

Consumer Goods andServices (before
amortization of
goodwill)
EnergyFY2022

FY2023Y-o-ychange3,718(4,482)

4,923(5,801)+1,205(+1,318)

33,922

22,343-11,579

148

176

+28

-2,000-2,273-272

35,789(36,553)

25,170(26,048)-10,618(-10,505)

Other
Other

Adjustments

Total

1,561

1,349

-212

-118

-139

-21

80,01577,472-2,543Adjustments

Total(before amortizationof goodwill)* “Other” represents business segments not included in reporting segments and includes the Real Estate Business, the Stevedore and Warehouse Business, etc.
* Adjustments in segment profit include companywide expenses not allocated to each reporting segment.
・ FY2022: Expenses increased temporarily mainly due to the payment of special grants from the Company to the employees of subsidiaries and special sponsorship of a ladies
professional golf tournament.
・ FY2023: Expenses increased temporarily mainly due to M&A expenses and special sponsorship of the above-mentioned ladies professional golf tournament.

5

Breakdown of the Energy Business Division⚫

Coal Production BusinessNet sales and profit: Net sales and profit declined along with a fall in coal prices and sales volume.

Net Sales
Business

FY2022

FY2023

Coal Production
Business
Sales volume

48,493
1,100,000
tons

34,659
1,020,000
tons-13,834-70,000 tons

Coal Sales Business
Sales volume244
3,060,000
tons

133
1,890,000
tons

-111
-1,160,000
tons

Renewable
Energy Business
Total(Million yen)Segment Profit

Y-o-ychangeBusiness

330

301

-28

49,06835,094-13,974

FY2022

Coal Production
BusinessY-o-ychangeFY202333,60722,154-11,453

Coal Sales Business

148

56

-91

Renewable
Energy Business

166

131

-34

33,922

22,343-11,579

Total

Major Indicators
FY2022
Coal Production
Business(Jan.–Dec.
results)

FY2023

ChangeSales volume: Thermal coal

930,000 tons

* 860,000 tons

-60,000 tons

Sales volume: Semi-soft coking
coal

180,000 tons

160,000 tons

-10,000 tons

Average coal price: Thermal coal

US$ 344.0

US$ 250.6

US$ -93.4

Average coal price: Semi-soft
coking coal

US$ 263.3

US$ 199.9

US$ -63.4

Exchange rate: A$/US$ (averagerate)

US$ 0.69

US$ 0.67

Weaker A$ against US$: -0.02

Exchange rate: A$/¥ (average rate)

91.1 yen

93.3 yen

Yen depreciation: +2.2 yen*Includes the portion purchased from other coal mines due to the closure of the Liddell Coal Mineand sold to customers to fulfill the contract volume obligation.

6

Consolidated Balance Sheet
Balance Sheet

March 31, 2023
AmountRatio(%)

March 31, 2024
AmountRatio(%)(Million yen)changeMajor factors behind changes

Current assets

63,237

66.6

62,774

62.9-462

Cash and deposits: -5,126; Trade receivable: +232;
Inventories: +3,644

Fixed asset

31,78833.5

36,96537.1+5,177

Property, plant and equipment: +2,364; Intangible
assets: +2,969

95,025100.0

99,740100.0+4,715Current liabilities

26,33027.7

21,666

21.7-4,664

Trade payables:+472; Short-term borrowings, etc.: 3,668;
Income taxes payable:-868

Fixed liabilities

12,093

12.7

14,051

14.1+1,957

Provision for loss on mine closure: +2,880

38,42340.4

35,71735.8-2,706

Total assets

Total liabilities

Total net assets

56,602

59.6

64,02364.2+7,421

Total liabilities andnet assets

95,025100.0

99,740100.0+4,715

Other Indicators

March 31, 2023

March 31, 2024

ChangeCash and deposits (including
long-term deposits)

39,50134,352-5,148Debt

12,6607,554-5,105

26,84026,797-42

Shareholders’ equity ratio (%)

58.7

63.6

+4.9

Debt/equity ratio (times)

0.25

0.15

-0.10

Net cash and deposits

Net profit attributable to owners of parent+15,117,
FY2022: Year-end dividend (240 yen per share) 3,135
FY2023: Interim dividend (40 yen per share) -503
Acquisition of own shares -3,000

7Consolidated Cash Flows
Cash flows
Profit before income taxes
Depreciation and amortization (including
goodwill amortization expenses)
Impairment loss
Working capital
Income taxes paid
Other

FY2022

FY202334,124
2,552

23,6402,362

1,640-3,538-7,865
-708

21
4,929
-9,222-443

CF from operating activities

26,204

21,288Changes in fixed assets

263-23-2,536-868
1,076-5,693958-6,206-1,337-11,692-2,302-2,072-48-1,870-9,745-3,624-3,000-6,232-186-146-6,479-22,748

262

1,070

Changes in cash and cash equivalents

18,650-12,080

Cash and cash equivalents at beginning of
period19,41338,064

Cash and cash equivalents at end of period

38,06425,983

Investment securities
Acquisition of subsidiaries accompanying achange in the scope of consolidation

Other
CF from investing activities

Changes in debt
Payment of dividends
Acquisition of own shares
Purchase of shares of subsidiaries not
resulting in change in scope of consolidation
Other

CF from financing activities
Effect of exchange rate changes on cash andcash equivalents

Major factors(Million yen)・Acquisition of Japan Chain Holdings and Saunders &Associates (making them subsidiaries)

・Payment of year-end dividend for FY2022 (240 yen per share)and interim dividend for FY2023 (40 yen per share)・Acquisition of shares in Japan Chain Holdings and in MOS(additional acquisition)

8

FY2024
Consolidated Earnings
Forecast and Shareholder
Returns9

FY2024 Consolidated Earnings Forecast
Consolidated Earnings Forecast⚫

Both net sales and profit are expected to decrease from FY2023 mainly due to the termination of coal-related business.
(Million yen)
FY2023Results
Net salesY-o-ychangeFY2024
Forecast
77,47256,000-21,472

25,170(26,048)

4,900(5,900)-20,270(-20,148)

26,004

4,800-21,204

Net profit attributableto owners of parent

15,1172,800-12,317

Dividend per share

100 yen

100 yen-Operating profit(Operating profit before
amortization of goodwill)

Ordinary profit*The forecast above is based on information available as of May 13th, 2024. Actual results may vary due to various future factors.
If a revision of the forecast of financial results becomes necessary, the Company will disclose the revised figures promptly.

10

FY2024 Consolidated Segment Earnings Forecast⚫

Consumer Goods and Services Business segment : Net sales and profit are expected to increase from FY2023 mainly
due to the inclusion of Japan Chain Holdings in the scope of consolidation (starting from 4Q FY2023).

⚫

Energy Business segment : Net sales and profit are expected to decline from FY2023 due mainly to the termination ofcoal-related business.

Segment Profit

Net Sales
Business(Million yen)
FY2023Results

FY2024
Forecast

Y-o-ychangeBusiness

FY2023Results

FY2024
Forecast

Y-o-ychange+13,832

Consumer Goods
and Services(before amortizationof goodwill)

2,782(3,660)4,700(5,700)+1,918(+2,040)300-34,794

Energy22,285100-22,185

1,210

700

-510

Other

101

100

-1

77,47256,000-21,472

25,170(26,048)

4,900(5,900)-20,270(-20,148)

ConsumerGoods andServices

41,16855,000

Energy35,094

Other

Total

Total (before
amortization of
goodwill)* “Other” represents business segments not included in reporting segments and includes the Real Estate Business, the Stevedore and Warehouse Business, etc.
* We are considering changing our segment classification and allocating headquarters cost to each segment starting from 1Q FY2024.
Along with this change, the segment profit figures for FY2023 have been reclassified. For this reason, the above figures are different from those stated on page 5.
Except for the Coal Production Business and the Coal Sales Business, headquarters cost are allocated to each segment based its operating profit.

11

Breakdown of Earnings Forecast for the Consumer Goods and Services Business
Consumer Goods
Business

Nippon Straw, Meiko Shokai, KMT, Systech Kyowa, and MOS

Industrial Products
Business

CST, Sansei Denshi, Nippon Katan, Plus One Techno(*) , and Japan Chain Holdings(*)⚫

Consumer Goods Business: Profit is expected to increase due mainly to a cost reduction at the headquarters⚫

Industrial Products Business: Net sales and profit are expected to increase from FY2023 mainly due to the inclusion ofJapan Chain Holdings in the scope of consolidation (starting from 4Q FY2023).

Segment Profit

Net Sales
Business

FY2023Results

FY2024
Forecast

Y-o-ychangeBusiness(Million yen)

FY2023Results

FY2024
Forecast

Y-o-ychangeConsumer Goods
Business

26,09226,000-92

Consumer Goods
Business (before
amortization of goodwill)

1,527(2,152)

1,900(2,500)+373(+348)

Industrial Products
Business

15,07529,000+13,925

Industrial Products
Business (before
amortization of goodwill)

1,255(1,507)2,800(3,200)+1,545(+1,693)

Total

41,16855,000+13,832

Total

2,782
(3,660)4,700(5,700)+1,918(+2,040)* We began to include net sales and profit/loss of Plus One Techno and Japan Chain Holdings from 3Q FY2023 and 4Q FY2023, respectively.

12

FY2024 Dividend Forecast
Dividend Forecast⚫

Dividend forecast for FY2024 (annual total): 100 yen per share(An ordinary dividend per share of 100 yen; interim: 50 yen, year-end: 50 yen)

Dividend Trend
350
yen
350円

100%

300円
300
yen
Acquisition ofown shares
3 billion yen

250
yen
250円

80%

60%

200円
200
yen

Commemorative
dividend
240 yen

150
150円
yen

40%

100円
100
yen
20%

5050円
yen
0 yen
0円

FY20
FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 FY20 24
06
07
08
09
10
11
12
13
14
15
16
17
18
19
20
21
22
23 (forec
ast)

0%

240
yen
Commemorative dividend
10
yen
10円
240円
yen 100
yen
50
yen
Ordinary dividend
50
yen
50
yen
40
yen
80
yen
40
yen
30
yen
40
yen
20
yen
40
yen
40
yen
40
yen
40
yen
40
yen
80
yen
30
yen
40
yen
20円 30円 30円 40円 40円 40円 40円 40円 40円 40円 40円 40円 50円 50円 50円 80円 80円 100
100円
100円
Payout ratio
23.8%13.3%
13.3%12.4%11.4%40.8%36.2%94.8%36.7%40.5%34.4%29.1%28.4%
19.3%18.1% 8.3% 42.8%* Since a 10-to-1 share consolidation was conducted effective October 1, 2016, the dividend per share was calculated based on the assumptionthat the share consolidation was conducted.
* The payout ratio was not calculated for FY2008 and FY2020 due to negative net profit.

13

Shareholder Incentive Plan
The Company provides the Shareholder Incentive Plan for shareholders listed in the shareholders’ register as of March 31 ofevery year. The Shareholder incentives for 2024 will be as follows.

KMT: Premium pet food tickets (equivalent to 2,500 yen/ticket)
Applicable items (One of the following items
is exchanged for one ticket)
Eligible shareholders(1) [For dogs] Blismix for Dogs: Chicken - Small
Number of shares held
Grain 1 kg
100 shares or more, less than (2) [For dogs] Blismix for Dogs: Chicken Medium grain 1 kg
1,000 shares: 1 ticket
1,000 shares or more: 2 tickets (3) [For cats] Blismix grain free for Cats 1kg* Application is required through the applicationsite. We are in the process of making
improvements to the procedure for use.

Hanabishi Co., Ltd.: Product gift tickets (10,000 yen/ticket)
Eligible shareholders
Number of shares held
100 shares or more, less than
1,000 shares: 1 ticket
1,000 shares or more: 2 tickets

Applicable items
In-store purchases of any product (upto 2 tickets per visit, not applicable toonline purchases)

Restaurant gift tickets (3,000 yen/ticket)
Eligible shareholders
Number of shares held
100 shares or more, less than
1,000 shares: 2 ticket
1,000 shares or more, less than
3,000 shares: 4 ticket
3,000 shares or more: 6 tickets

Applicable facilities
Mitsui Minato Club, La Rochelle (3restaurants): Sanno, Minami Aoyama,
and Fukuoka
14

Review of the Medium-Term
Management Plan

15

Review of the Medium-Term Management Plan
Progress⚫

Medium-Term Management Plan was largely achieved in FY2023⚫

Through steady progress in M&A, we have grown into a corporate group that expects a consolidated operating profit ofapproximately 5 billion yen from businesses that are not related to coal production business.
Cumulative investment amount
30 billion
300億円
yen

33
billion yen
330億円
110% of the
expected
figureConsolidated
operating profit

25.2 billion yen

FY2019-FY2023
investment amount
FY2019-FY2023
investment
As amountofthe endresultsof March
Investment
as of2024
when the Medium-Term Management
March
31,
2024
(Expected at thethe medium-term management
Investment results
plan)
Plantime
was ofplannedConsolidated operating profit
5.5 billion yen

Businesses
other thancoal
production
4.7 billion yen

Consolidated operating profit
1.5billion yen
Businesses otherthan coal production
1.6 billion yen

FY2017
When the Medium-Term
Management Plan was plannedPlanachievement
ratio
111%

FY2023Medium-Term Management
Plan target

Businesses
other thancoal
production
5.2billion yen
FY2023Results

Key factors behind theachievement of the Medium-Term
Management Plan
We executed 10 M&A deals during theperiod of the Medium-Term Management
Plan
We transformed our business portfolio
as we withdrew from coal production, ouroriginal business
Consolidated operating profit for businesses
other than coal production
Achieved 5.2 billion yen*, far exceeding
the 1.6 billion yen when the Medium-Term
Management Plan was planned (FY2017)*For Japan Chain Holdings, only the 4Q results are included

Targets for the Medium-Term Management Plan

FY2023 results

Consolidated operating profit

5.5 billion yen

25.2 billion yen(of which businesses other than coalproduction operations)

4.7 billion yen

5.2 billion yen

ROE

At least 8%

Over 25%

Payout ratio

At least 30%

Total return ratio: 28%

16

Management Strategy 2024

17

Management Strategy 2024
Management Strategy⚫

We set our sights toward PBR 1x or more, and ROE of 8% or more, as we put forth ourmanagement strategy for the next three years, as follows:1

Build an earnings structure through M&A so that we cancontinuously post net income of 5 billion yen or more by FY2026

２

We will actively allocate our net cash and deposits (21.6 billion yen* asof the end of FY2023) to M&A or shareholder returns (acquisition ofown shares / dividends) over the next three years to maximize ourequity value per share.

*The figure excludes approximately 5.2 billion yen estimated for the Liddell Coal Mine closure cost.

18

Businesses of the Mitsui
Matsushima Group(Consumer Goods andServices Segment)

19Consumer Goods Business (1)Nippon Straw Co., Ltd.
⚫

Since the development of telescopic straws in 1983,
Nippon Straw has further accumulated proprietary
technologies and know-how as a pioneer in this industry,and established its status as a leading company in thedomestic straw market.

⚫

No. 1 share of the Japanese telescopic straw market

Meiko Shokai Co., Ltd.
⚫

Started to manufacture and sell shredders for the
first time in Japan in 1960. Has established its
status as a leading company through its originaltechnologies and know-how.

⚫

No. 1 market share in the Japanese office
shredder market

KMT Corporation⚫

KMT is engaged in the planning/sales of high-quality
premium pet foods based on preventive medicine.

⚫

Its products have been favorably evaluated by pet
breeders and veterinary hospitals across the country,
having strong brand power and a solid market share in thehigh-quality healthy premium pet food market.

Representative Products
Telescopic
straws

Ocean-biodegradable
strawsDrinking cups

Representative products
MS shredder

Automated reception system
MS voice call NEO

Representative products
Blismix

Agaricus I/S

Focusing on themaintenance of healthfrom the perspective of
the oral cavity
environment. Attachingimportance to raw
materials and using freshmaterials

Containing richnutrients andhelping to
improve theimmunesystem andself-healing
power

20

Consumer Goods Business (2)Systech Kyowa Co., Ltd.
⚫

Engages in planning, production, and sales of
housing-related materials (e.g., door stoppers,
earthquake-resistant latches). Operates an inhouse factory in Thailand.

⚫

Boasts a high share in the industry by carryingout integrated production in the group fromplanning,molding, and forming to assembly.

MOS Co., Ltd.
⚫

Founded in 1962. It has earned a top position in
the industry due to its large market share in theprocessing and sale of thermosensitive cash
register paper rolls, which are used to print
receipts and the like.

Representative products
Door
stopper

Earthquakeresistantlatch

CasterRepresentative products
Thermosensitive
paper rolls

Example of the use ofthermosensitive paper(receipts)* Thermosensitive paper changes color when exposed to heatand has lower maintenance costs as it does not need ink. It is
used widely to produce various items including receipts.

21

Industrial Products Business (1)CST Co., Ltd.
⚫

⚫

Established in 1977 as Japan’s first manufacturer
specializing in mask blanks and having an excellent
customer base, including leading domestic and foreign
manufacturers.
CST’s products are consumed in the development process ofcustomer products, and are relatively less affected by trends
in the final products. This enables it to maintain stablebusiness performance.
* Mask blanks are materials used to portray circuit patterns forsemiconductors, etc. and play a similar role to that of a printing plate.

Sansei Denshi Co., Ltd.
⚫

⚫
⚫

The only equipment manufacturer in Japan capable ofmanufacturing in-line systems covering a wide range ofmanufacturing processes, from assembly to inspection, forcrystal devices.
The company has Saunders ＆ Associates, LLC under its
umbrella in the U.S.
Its network analyzers are used by crystal device manufacturers
worldwide.

Manufacture of mask blanks

beforeA thin metal film suchas chrome is uniformly
appliedto a glass substrate.

Photosensitizer
Metal film suchas chrome
Glass substrate

Glass substrate

Representative products

Assemblyequipment

Inspection equipment* Crystal devices are electronic parts that use the (reverse) piezoelectriceffect concerning crystals (the nature of vibrating rapidly and accurately whena voltage is applied). They are installed in all kinds of electronic devices.

Nippon Katan Co., Ltd.
⚫

⚫

Founded in 1918. Nippon Katan handles “line hardware fortransmission lines” that connects steel towers and powertransmission lines, and is a dedicated manufacturer in themarket with the largest market share in Japan.
The domestic market for line hardware for high-voltage
transmission lines is dominated by two companies.

after

Network analyzers(measurement devices forcrystal oscillators)

Representative products(1) Mounting hardware forsteel towers(2) Connecting hardware(3) Arcing horn(4) Clamp22

Industrial Products Business

Plus One Techno Co., Ltd.
⚫

⚫

⚫

Representative products
Petit Scale, pipe-feeder type automatic measuring equipment

Established in 1996. Engages mainly in the manufacturing of
measuring equipment, as well as peripheral devices, etc.
Top share in the niche market for decimal-unit lightweightmeasuring equipment, where no major manufacturers arepresent.
No. 1 market share in pipe-feeder type automatic measuring
equipment

Capable of weighing a wide variety of materials andhandling high-precision automatic weighing.

Photosensitizer

Example of use: Furikake (riceseasoning) weighing

Japan Chain Holdings, Inc.
⚫

⚫
⚫

Owns Sugiyama Chain Co., Ltd., ZEXUS CHAIN Co., Ltd.
and MAXCO Chain, Ltd. (in the U.S.). Established a strong
presence in the industrial chain market in Japan and the
U.S. as a group by manufacturing and selling roller
chains and conveyor chains for industrial use.
High market share for roller chains for powertransmission in Japan and elsewhere
No. 1 share of the domestic market for large conveyor
chains for water treatment facilities, etc.

Representative products(1) Roller chain: Mainly used for industrial and manufacturing
equipment, etc.

Standard roller chain

Double capacity chain(2) Conveyor chain: Mainly used for manufacturing lines, etc.

Water treatment chain

Steel chain

23

Reference Materials

24Latest Topics
Business and capital alliance between Hanabishi Co. Ltd. and Yoshimura Co., Ltd.
⚫ On April 30, 2024, we sold 66% of our stake in Hanabishi to Yoshimura and formed a business and capital alliance.
⚫ We will continue to hold a 34% stake in Hanabishi as an equity-method affiliate to support its further growth andenhance its corporate value.
⚫ We will aim for future store expansion and increased brand recognition by significantly shortening delivery time,
improving quality through advanced sewing technology, reducing production costs, and taking other measures.
Name
Yoshimura Co., Ltd.
Address

1-16 Kandasudacho, Chiyoda-ku, Tokyo

Representative:

Representative Director Masataka Yoshimura

Business

Sale of men’s and women’s clothing fabrics,
sale of men’s and women’s custom-madesuits, sale of men’s and women’s custommade shirts, and real estate management

Main brands

YOSHIMURA&SONS
Order suits no Yoshimura
BIGVISION

Sale of shares in Matsushima Kowan Unyu
⚫ On March 25, 2024, we sold all our shares in Matsushima Kowan Unyu to Sasebo Harbor Transport Co., Ltd., which
engages in coal unloading operations at the Matsuura Thermal Power Plant.
⚫ This will allow Matsushima Kowan Unyu to maintain employee morale while the Matsushima Thermal Power Plant isbeing suspended,and share port-related technology and expertise.
Name

Sasebo Harbor Transport Co., Ltd.

Address

7-47 Yorozu-cho, Sasebo City, Nagasaki
Prefecture

Representative:
Business

CEO Katsumi Nishihara
General port and harbor transport business(Sasebo Port Class 1), port and harbor cargohandling business (coastal), barge transportbusiness, etc.

25

Sustainability Initiatives
Overview and examples of sustainability activities
The Mitsui Matsushima Group, which has established its Basic Policy for Sustainability, is strongly aware that thedevelopment of a sustainable society is the foundation for the development of each new business of the Company, andimplements various initiatives to contribute to the needs of society in each business area. For specific activities of the Group,
please refer to our website, which provides detailed information.
(https://www.mitsui-matsushima.co.jp/sustainability-activities/)
Nippon Straw Co., Ltd.

MM Energy Co., Ltd.
Contributing to the reduction ofenvironmental burdens throughsolar power generation

Developed and launchedstraws made of environmentallyfriendly materials

・Operating a 6-MW-capacity
solar power generation station in
Fukutsu City, Fukuoka Prefecture
・Participating in streetscapeconservation activities in theregion・Manufacture and sales of straws
made of environmentally friendly
materials (biomass plastic,
ocean-biodegradable plastic, etc.)
Ocean-biodegradable straws

Mega Solar Tsuyazaki Power
StationMitsui Matsushima Holdings Co., Ltd.
Conservation of Mitsui Minato Club,
historical cultural property
・Contributing to the conservation of an important landscape under theLandscape Act, the heritage of industrial modernization designated by
the Ministry of Economy, Trade, and Industry, and a designated tangible
cultural property of Omuta City, Fukuoka Prefecture
Mitsui Minato Club26

Nippon Straw: Further Expansion of Straws Made of Environmentally Friendly
Materials⚫

2019: Established a mass production technology jointly with Kaneka Corporation to start the production andsales of ocean-biodegradable single straws made of Kaneka’s Green Planet® biodegradable biopolymers.
* Kaneka’s Green Planet® biodegradable biopolymers is a registered trademark of Kaneka Corporation.

⚫
⚫
⚫

80%
70%
60%
50%
40%

2021: Commercialized the world’s first ocean-biodegradable telescopic straws made of the raw material
mentioned above.
FY2022: Started sales of 100% biomass plastic telescopic straws
April 2022: In response to the enforcement of the “Act on Promotion of Resource Recycling Related to Plastics,” major
convenience store chains and major beverage manufacturers, among others, are increasingly adopting and expanding
the use of straws made of environmentally friendly materials. We can expect further increases in its market shareand unit price/profitability driven by the switching from conventional plastic straws.
The ratio of straws made of environmentally friendly materials in sales (straws)(In value terms)

Straws made of environmentally friendly materials

Other (products partially made of biomass plastic, etc.)

9%

6%

20%
2%

10%

5%

8%

FY2018FY2018FY2019FY2019

10%

25%

19%
FY2020
FY202032%
FY2021
FY2021

72%

68%

59%

41%

7%

6%

11%

0.3%

Biomass plastic (100%)

30%

0%

16%

14%
Ocean-biodegradable

48%

48%

49%

FY2022
FY2022

FY2023
FY2023

FY2024 (forecast)
FY2024(forecast)Main line-ups of straws made of environmentally friendly materials
100% biomass plastic
Telescopic straws

Ocean-biodegradable straws

singletelescopic

Single straws

Telescopic straws

Main
customers

Major convenience
store chains

Major beverage
manufacturers

Major use

Counter coffee
Smoothies

Paper packbeverages

Customer base and use are expanding. 27

Available for dinner only; Now accepting reservations online*Only some contents can be experienced for lunch.

[Hours of operation] 10:00-21:00 *Facility tours are available until 17:00.
[Lunch][Dinner]

12:00-15:00 (LO 14:00)

18:00-21:00 (LO 20:00)*For dinner, reservations are required by 15:00 on thesame day*Projection Mapping Plan will start at 18:30
Please contact us for group reservations.
[Regular closing days] Monday and Tuesday (or the following day if thesedays fall on a national holiday)

Inquiries and Reservations

2-6 Nishiminato-machi, Omuta City (8 minutes by car from
JR/Nishitetsu Omuta Station)

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×Omuta City

Notice of Thank-you Gifts Sent to People
Paying Hometown Taxes (Furusato Nozei)

As thank-you gifts sent to people paying hometown taxes to Omuta City, Fukuoka
Prefecture, we offer Mitsui Minato Club meal tickets and wedding

ceremony and banquet complementary tickets.

Please enjoy superb French cuisine produced by Grand Chef Sakai of French cuisine at
the guest house of Mitsui, boasting a heritage of over 100 years.
* Applications are accepted through Furusato Choice, Rakuten Furusato Nozei,

Furunavi, etc.
For more information, search for 三井港倶楽部 ふるさと納税
Executive Chef Hatae of Mitsui Minato Club andGrand Chef Sakai of French cuisine

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HANABISHI Notice of Thank-you Gifts Sent to People Paying Hometown Taxes (Furusato Nozei)×
Hanabishi, a tailoring company founded in 1935, provides custom-made suittailoring tickets as thank-you gifts to people paying hometown taxes to Yomogitamura, Aomori Prefecture, the location of Hanabishi’s manufacturing base.
Please visit the Satofull, Rakuten Furusato Tax Payment, or Hanabishi website for how toapply and other information
https://www.satofull.jp/products/detail.php?product_id=1357994

The tailoring tickets will be for bothmen’s and women’s suits. The tickets
can be used for the tailoring of suits,
jackets, and pants.

https://item.rakuten.co.jp/f023043-yomogita/1357994/
https://www.hanabishi-housei.co.jp/furusato/

Tailoring tickets
for a contributionof 100,000 yen
Equivalent
to 30,000 yen

Can also be usedin conjunction
with shareholder
perks

Can be used at
18 stores locatednationwide

The RKB×Mitsui Matsushima Ladies tournament
winner Chisato Iwai (in tournament winner jacket* Valid for two years after sending
made by HANABISHI)

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These materials contain forward-looking statements that are in no way guarantees of future performance.
Future performance is affected by risks and uncertainties. Future performance may vary due to changing
assumptions and conditions in the business environment. These materials should not be relied on as thesole source of information, and should be used with discretion. Mitsui Matsushima Holdings Co., Ltd. is in
no way responsible for any damage caused as a result of relying on or using these materials.

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