IMURAYA
GROUP
2024 COMPANY INFORMATION

About Imuraya Group ❶Provision of products, such as confectionery, food,daily chilled food, ice cream, frozen traditional
Japanese confectionery, dim sum and delis, andoperation of a food service businessHub-and-Spoke Management
Model to “Make Customers
Smile with Deliciousness”
through Connections andInnovations

This company offers a diverse range of unique products,
exemplified by long-selling items like Yude-Azuki (boiledazuki beans), Nikuman (pork buns), Anman (azuki bean buns)
and Azuki Bar (azuki bean ice bars). It strives tocreate a new food culture by understandingsocial needs and combining innovativetechnologies with its long-standing traditions.

Imuraya Group features a “hub-and-spoke” management model where its
operating companies are positioned in a circular manner to maximize thegroup’s strength and enhance its corporate value through their mutual
connections and collaborations. The five domestic companies and the six
overseas companies of the group cooperate to achieve synergistic
effects to “make customers smile with deliciousness.”“Glocal” expansion to
spread our flavors
worldwide
This company manufactures andsells products that blend
Japanese and Western elements,
such as mochi (Japanese ricecakes) and coconut cream, serves
as an exclusive importer ofJapanese products manufactured
by our group companies, anddisseminates information among
the group companies. It
continues to propose andpioneer a new food culture
centered around azuki (redbeans), which is the coreingredient through our businesshistory.

ImurayaCo., Ltd.

ImurayaUSA, Inc.

Manufacturing of its material products through seasoning
and packaging production technologies as well as OEM andODM
Its main production items include liquid and powdered seasonings,
which serve as raw materials for creating flavors in food, andproducts like retort/spouted pouches. With
collaboration and solution-oriented
approaches, it contributes to solving theproblems of customers, primarily in the foodindustry, through its technological expertise.

Imuraya Foods
Co., Ltd.

Imuraya(Beijing)
Corporate
Management
Co., Ltd.
(ICM)

Imuraya (Beijing)
Food Co., Ltd.
(IBF)

Imuraya Group
Co., Ltd.

Imuraya (Dalian)
Foods Co., Ltd.
(IDF)

Within Imuraya Group Co., Ltd.,
this company operates realestate and rental housing
management businesses as well as leasing agents,in-house childcare facilities, in-house stores, andshops and outlets in commercial facilities.
Through employee benefits, it contributes to theenhancement of the productivity of the group.

Planning of new core businessprojects for the future andsupport for theiroperationalization

ImuraCo., Ltd.

Responsible for formulating
Imuraya Group’s overallmanagement strategies andcomprehensively optimizing its
business operations
By fostering “autonomy andcollaboration” within each of our groupcompanies, we provide the three S’s(Service, Support, and Suggestions) tomaximize synergistic effects. Adapting tothe ever-changing external environment,
we continue to propose new value tocustomers.

Performance of a wide
range of tasks concerning
employee benefits andshop management within
Imuraya Group

ImurayaStart-up Planning
CorporationImuraya Malaysia
SDN. BHD.

Beijing Kyo-Nichi
Imuraya Foods.
Co., Ltd. (JIF)

Based on the concept of open
innovation, this company plays therole of a strategic planning division to
explore basic technologies and ideas
for new business projects that could
become pillars of our future as well as
to support their operationalizationand development. Using the strengthsof Imuraya Group, it designs new
business projects under the theme of“Japanese tradition and health” andprovides comprehensive support for
their implementation.

Japanese-style halal foodtargeted at Malaysia and other
ASEAN countries
This company forms strategic
partnerships with local OEM partners
and makes use of our technologies andproduct development capabilities
cultivated in Japan to manufactureand sell products tailored to theMalaysian market. It delivers enjoyable
Japanese-style
products and services
to ASEAN countries.

Effort for the centralization of ourbusiness operations in China
This company functions as the strategic
division that aims to rationalize themanagement of our operating companies inChina (JIF, IDF and IBF) and to
make effective use of funds tobuild up a stable businessstructure. It provides services,support, and suggestions toassist the growth of ouroperations in China.

1

Entry into the Chinese market withJapanese confectionery like Castella cakeThis company develops and sells Japanese
confectionery, such as Castella (sponge cake) andJapanese-style Nikuman (pork buns) and Anman(azuki bean buns). It strengthens its sales strategy
through online sales and social media as well as
its marketing function through productdevelopment for convenience stores, etc., in order to expand oursales channels not only in China but also in other countries.

Seasoning and baked goods production factory tocollaborate with JIF and IBF for export to the global
marketProper response to the dietary needsof the Chinese market through thedevelopment and sale of seasonings

This company is responsible for the manufacturing of products,
such as powdered seasonings and Castella (sponge cake), for JIFand IBF. It also devotes effort topropose the development of newproducts and works hard to further
expand our market presence in Japan,Korea, ASEAN countries, etc.

This company provides powdered seasonings
made primarily from vegetables, seafood, etc.,
to processed food makers within and outside
China which manufacture instant noodles,
seasonings, restaurant food and the like. Since 2014, it has
specialized in marketing and management, advancing productdevelopment targeting the needs of local markets.

imuraya COMPANY INFORMATION

2About Imuraya Group ❷Attempts to Move into Diverse Fields toMake More Customers Smile with Deliciousness

FinancialHighlights

Based on its ideas of “continuing to provide new products while maintaining a sense of universality (Continuity and Change)” and“pursuing originality without imitating other companies (Distinctive Management)” as well as on its mission to “make customers
smile with deliciousness,” Imuraya Group utilizes traditional Japanese and natural tastes to offer products in diverse businessfields, such as those focused on confectionery, food, frozen desserts, dim sum and delis, daily chilled food, sweets, seasonings
and VISON business.

Non-Financial Highlights
Number of Employees of Our Group
Average age

Revenue
Unit: million yen
42,151

44,6852021Food Business

(FY)

14.9
17.2%

1,704

Sales
composition
ratio bybusiness
field

32.3%

Daily Chilled Food Business

2021

1,992

2022

2023

2,075

33.4%

2,904

2,284

Percentage of female
managers

Sweets Business

4.5%
0.9%

2021

8.8%

0.3%

2022

2023

Net profit attributableto owners of theparent
Unit: million yen

1,473

76.9%

(FY)

1,930

1,661

Number of employees
who take parental
leave

14females

5malesOthers0.5%

Percentage of employees who return towork after taking parental leave

Seasoning Business

3Paid leave acquisition rate

13.8%

20.6%

hours
permonth(FY)

Ordinary profit
Unit: million yen

Average overtime hours

19.1

2,537%

Dim Sum and Deli BusinessWe powderize, liquidize and granulate extracts from vegetables,
seafood, and livestock meat to sell them to domestic and international
food manufacturers, etc., as commercial seasonings.

*As of the end of March, 2024

Percentage of female
employees

Unit: million yen

Utilizing our strengths, we manufacture and selldistinctive Japanese-style ice creams as well as otheroriginal ice creams, as exemplified by Azuki Bar (azukibean ice bars) and Yawamochi Ice Cream (ice cream
topped with mochi or warabimochi).

We operate two shops, namely Fukuwagura that produces and sells sake(Japanese rice wine) rooted in terroirs using water, sake rice and yeast from Mie
Prefecture and Kashiho Imuraya that sells traditional Japanese confectionery.
Both of those shops are located at VISON resort-typecommercial facilities in Taki Town, Mie Prefecture.

2023

Operating profit

Ice Cream Business

VISON Business2022*Since fiscal year 2021, we have adopted theAccounting Standard for Revenue Recognition(Corporate Accounting Standard No. 29), etc.

In addition to traditional Japanese sweets, such as Yude-Azuki (boiled azukibeans), zenzai (azuki bean soup) and Kori-Mitsu (syrup for shaved ice), we alsooffer microwavable frozen products like Nikuman (pork buns) and Anman(azuki bean buns) as well as OEM products, including spouted pouches.

We are engaged in various sweets-related businessactivities, such as online sales of branded products of Anna
Miller’s as well as operation of Waryokado, a luxury ice cream shop,
and the Japanese branches of La maison JOUVAUD, a patisserie fromsouthern France.

13.9 years*Excluding non-regular employees

Confectionery has been the core business of Imuraya Group to assist its development since its
foundation. We offer a wide range of products, including yokan (azuki bean jelly), gifts, Castella(sponge cake) dorayaki (azuki bean pancakes) and so on.

Responding quickly to changes in dietary lifestyles,
such as greater preference for long-life and organic
food as well as for small portions, we offer products
like tofu and chilled Nikuman (pork buns) andAnman (azuki bean buns).

Average length ofservice

employees

Confectionery BusinessWe manufacture and sell products, such as Nikuman(pork buns) and Anman (azuki bean buns), which canbe enjoyed warm at any time using in-store
steamers.

37.0 years

944

48,222

2021

2022

2023(FY)

100.0%

imuraya COMPANY INFORMATION

4History of Imuraya GroupFor unchanging happiness, we continue to change and move towards the future.

History of Imuraya’s “Distinctive Management”
On November 15, 1896, Wazo IMURA began confectionery production in Matsusaka Town, Iinan County, Mie Prefecture(now Matsusaka City) and founded a Japanese confectionery shop. Since the foundation of the shop, we have continued
to provide new products while maintaining a sense of universality under the philosophy of “Continuity and Change.”

Start of a Family Business
1 8 96

1 96 3●Entered the ice cream business.

Released Chilled Nikuman and Anman.
Entered the seasoning business.
● Released BOX Azuki Bar and Cup Shiruko.
● Released Castella 5.

Transition to Group Management●●Wazo IMURA founded Kashiho Imuraya under theprinciple of “always providing delicious products
and keeping promises with sincerity.”● A challenge from scratch: Yamadazen-Yokan
infused with “wisdom and effort.”

2010
2012

▲ Castella 5◀ BOX Azuki Bar

1 96 4▲ Founder:Wazo IMURA▲ Yamadazen-Yokan
Imuraya’s first product for sale, which wassolidified using a serving tray called a yamadazen
since there were no molds to solidify boiled
yokan (azuki bean jelly) at that time.

Released Nikuman and Anman.
Developed steamers jointly with amanufacturer to make it possible to enjoy
Nikuman at the storefront and created a
new dietary habit.
● Released Mizu-Yokan.
●Development as a Company●“Products are my life and people are my treasure.”
Jiro IMURA established Imuraya Co., Ltd. as anincorporated company.
He continued to create hit products one after another
under the philosophy of “doing what others do not.”1986
1 9 93▲ Nikuman and Anman●●▲ Mizu-Yokan

Released a 5-pack of Mizu-Yokan.
● Released Okiniiri-Shiruko.

1998

2001

Released Kori-Mitsu.
Released Ice Melon and Daizukko.

▲ Holding company system

2013●Okiniiri-Shiruko ▶

2000

1 9 67
1 97 2Its Seasoning Business Division obtained ISO
14001 certification, and that stimulated eachcompany of Imuraya Group to obtain ISO
9001/14001.
● Established Beijing Kyo-Nichi Imuraya
Foods. Co., Ltd. (JIF) as the first step toexpand globally.
● Released Osekihan-noMoto.

2 0 17

●

2018

2006
2008

▲ Jiro IMURA and his companions
He is the fourth person from theright in the front row.

Formed a labor union.
Changed its company name to Imuraya Seika Co., Ltd.
● Released Instant Zenzai.

▲ Kori-Mitsu●●◀ Instant Zenzai

1 97 3▲ Ice Melon

Obtained a trademark registration for Azuki Barafter developing it into a brand through activities
to hand down azuki food culture, etc.
● Established Imuraya (Dalian) Foods Co., Ltd. (IDF).
● Merged Nippon Food Co., Ltd. and Imuraya
Seasoning Co., Ltd. to establish Imuraya Foods Co.,
Ltd. with the aim of achieving synergistic effects toevolve business-to-business transactions.
● Became listed on the First Section of the Tokyo
and Nagoya Stock Exchanges.
● Completed the construction of AZUKI•FACTORY.

●●Established Imuraya (Beijing) Food Co., Ltd. (IBF).
Released Eiyokan.

2 02 02 02 2▲ Daizukko

Released Azuki Bar.
Established Imura Co., Ltd.
● Opened the first Japanese store of Anna Miller’s.
●2 02 3●

▲ AZUKI•FACTORY

Established Imuraya Start-up Planning Corporation.
Established Imuraya Malaysia SDN. BHD. to expand
to Malaysia, a gateway to the ASEAN market.
● Entered the sake business.
● Completed the construction of Imuraya Foods’
new factory to manufacture spouted pouches.
● Transitioned to the Prime Market and Premier Market.
● Celebrated the 125th anniversary of its foundationand the 75th anniversary of its incorporation.
● Completed the construction of ANOTSU FACTORY.
●●Osekihan-no-Moto ▶
▲ Jiro IMURA
He succeeded Wazo Imuraand developed his familybusiness into anincorporated company.

▲ Yawamochi Ice Cream●▲ Listing on the First Section of theTokyo and Nagoya Stock Exchanges

2019

1950
1953
1 96 0Transitioned to a holding company system to gather diverse
management resources and achieve synergistic effects.
● Released Yawamochi Ice Cream.
●●▲ Its early products released after
entering the ice cream business: Kori-Kintoki,
Onigiri-Monaka and Bye-bye Bar

1 9 471 974
1 97 8
1 97 91984▲ Eiyokan

2009●Established Imuraya USA, Inc.
▲ ANOTSU FACTORY

1 961
1 962

Became listed on the Second
Section of the Nagoya Stock
Exchange.
● Launched its internal
newsletter Izumi.
● Released Yude-Azuki.
●Acquired the Kahadakyo site, the water source for
Megururu bottled water.
● Constructed Imuraya Foods’ No. 6 Spray Dryer.
●▼ Yude-Azuki▲ Azuki Bar▲ First Japanese store of Anna
Miller’s▲ Completed the constructionof the factory of Imuraya
USA, Inc.
▲ Megururu bottled water5▲ No. 6 Spray Dryer (on the right)
imuraya COMPANY INFORMATION6Overview of Imuraya Group

Overview of the Holding Company

Imuraya Group’s Activity Hubs(as of April 1, 2024)(as of April 1, 2024)

Imuraya Group’s Board Members(as of the end of June, 2024)

Imuraya Group Co., Ltd.
Head office location: 7-1-1 Takachaya, Tsu City,Japan

Mie Prefecture 514-8530 Japan
Phone:+81(0)59-234-2131

Foundation:

1896

Incorporation:

April 1947

Capital:2,576,530,000 yen▲Branch office■Sales office
Hokuriku Sales Office

Head office of Imuraya Group

Overviews of the Operating Companies

Head office location: 7-1-1 Takachaya, Tsu City, Mie Prefecture514-8530 Japan
Phone:
059-234-2132
President:
Yasushi IWAMOTO
Vice-President:
Hiroshi MASUKAWA
Establishment:
October 2010
Capital:
310,000,000 yen

Head office location: Room 101, Building 11, Pomegranate
Center, 88 Liuxiang Road, Fengtai
District, Beijing City, China
Phone:+86-10-5676-2191
Chairperson and General Manager: Yoshiteru ONISHI

Imuraya Foods Co., Ltd.
Head office and Nakahara Site:
24-1 Jibu, Nakaharacho, Toyohashi City,
Aichi Prefecture 441-3106 Japan
Phone:
0532-41-1191

Phone:

88 Okuashidaguchi, Nishi-Nananecho,
Toyohashi City, Aichi Prefecture 441-3202
Japan0532-21-2311

Chairperson:
President:
Establishment:
Capital:Shigemoto SUGANUMA
Hisashi KONDOJanuary 1969
50,000,000 yen

Imura Co., Ltd.
Head office location: 5-6-1 Takachaya, Tsu City, Mie Prefecture
514-0819 Japan
Phone:
059-234-2080
President:
Nobuko NAKAJIMA

Imuraya Start-up Planning Corporation
Head office location: 7-1-1 Takachaya, Tsu City, Mie Prefecture
514-8530 Japan
Phone:
059-234-2135
President:
Yasuki ONISHI

7▲

Imuraya (Dalian) Foods Co., Ltd. (IDF)
Head office location: Dafangshen Village, ChangchengStreet, Lüshunkou District, DalianCity, Liaoning Province, China
Phone:+86-411-8627-8020
Chairperson:Yoshiteru ONISHI
General Manager:
Chohei UEDA

Imuraya (Beijing) Food Co., Ltd. (IBF)Head office location: Room 101, Building 11, Pomegranate
Center, 88 Liuxiang Road, Fengtai
District, Beijing City, China
Phone:+86-10-5676-2192
Chairperson and General Manager: Yoshiteru ONISHI■Tokai Branch
OfficeKansaiBranch
OfficeMie Sales Office

North America●Beijing Kyo-Nichi Imuraya Foods. Co., Ltd. (JIF)
Imuraya (Beijing) Food Co., Ltd. (IBF)Imuraya (Beijing) Corporate Management Co., Ltd. (ICM)(Beijing, China)● ●Imuraya (Dalian) Foods Co., Ltd. (IDF)(Dalian, China)

Head office location: Room 101, Building 11, Pomegranate
Center, 88 Liuxiang Road, Fengtai
District, Beijing City, China
Chairperson and General Manager: Yoshiteru ONISHI

Malaysia

Imuraya Malaysia SDN. BHD.
Head office location: Unit 32-01, Level 32, The Vertical
Corporate Office Tower B, Avenue 10,Bangsar South, No. 8 Jalan Kerinchi,
59200 Kuala Lumpur, Malaysia
Phone:+603-2786-3794
Chairperson:
Yasuki ONISHI
President:
Atsushi OGAWA

Imuraya Malaysia SDN. BHD.
(Kuala Lumpur, Malaysia)●President and COO

Yasuki ONISHI

Director and Chair of the Board (COB)

Takeo ASADA

Vice-President

China

Imuraya USA, Inc.

Nobuko NAKAJIMA

Imuraya Foods Co., Ltd.
(Toyohashi, Aichi)

KyushuBranch Office

Imuraya USA, Inc.
(Irvine, CA, USA)

Chairperson and CEO

▲

▲
● ●
▲ ■

Imuraya (Beijing) Corporate Management Co., Ltd. (ICM)

Head office location: 2502 Barranca Parkway, Irvine,
CA 92606, USA
Phone:+1-949-251-9205
CEO and COO:
Masatoshi KAISHITA

Tohoku Branch
OfficeMarketing Headquarters
Kanto Branch Office▲(as of April 1, 2024)

Beijing Kyo-Nichi Imuraya Foods. Co., Ltd. (JIF)▲

Imuraya Group Co., Ltd.
Imuraya Co., Ltd.
Imura Co., Ltd.
Imuraya Start-up Planning Corporation(Tsu, Mie)
Chushikoku
BranchOffice

Imuraya Co., Ltd.

Nanane Site:■

Hokkaido Sales Office●Head office

Yasushi IWAMOTO

Vice-President and CFO

Jiro TOMINAGA

Director

Hisashi KONDO

Director

Hiroshi MASUKAWA

Director

Masatoshi KAISHITA

External Director

Risa TANAKA

External Director

Tomoko FUKUTANIExternal Director

Hiroshi TANAKA

External Director

Keiko HIROTA

Full-time Auditor

Yukio WAKITA

Full-time Auditor

Masato IWAKAMI

External AuditorMasakiyo WAKABAYASHI

External Auditor

Shigeru TSUCHIDAManaging Executive Officer

Sadahiko NAMEKATAManaging Executive Officer

Shin IMURAManaging Executive Officer

Kohei OKADA

Executive Officer

Koji OZAKI

Executive Officer

Yuichi HIRATA

Executive Officer

Koichi KATO

Please fill out the contact form on the website of Imuraya Group Co., Ltd. to send us your feedback.
https://www.imuraya-group.com/english/contact_us/
You can e-mail us 24 hours a day. However, we will replay to your messages not on the day, but on the next business day at earliest ifyou e-mail us outside our business hours or on any of the following days: Saturdays, Sundays, national holidays, Golden Week holidays,
summer holidays and year-end and new-year holidays. Thank you for your understanding.
Business hours: Monday through Friday, 9:00 a.m. to 5:00 p.m.
(except Saturdays, Sundays, national holidays, Golden Week holidays, summer holidays and year-end and new-year holidays)

imuraya COMPANY INFORMATION

8Contact Information

Management Strategy Office, Imuraya Group Co., Ltd.
7-1-1 Takachaya, Tsu City, Mie Prefecture 514-8530 Japan
Phone: 050-1791-2014

Fax: 059-234-2130URL: https://www.imuraya-group.com/
Published on June 21, 2024

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