House Foods Group Inc. (2810.T) Bundle
House Foods Group Inc. (2810.T), established in 1913, is a leading Japanese food company known for staples like curry roux, tofu, and plant-based foods and driven by a mission to be a good corporate citizen by "creating smiles" through food, a vision to deliver a "Healthy Life Through Foods," and core values summarized as Sincerity, Originality, and Enthusiasm that promote personal growth, teamwork, humility, and creativity across domestic and international markets-values that underpin its sustainability initiatives, product innovation, and customer-centric expansion as it seeks to scale its presence in the global plant-based sector.
House Foods Group Inc. (2810.T) - Intro
House Foods Group Inc. (2810.T) is a century-old Japanese food manufacturer best known for curry roux, tofu, processed foods and a growing portfolio of plant-based products. Founded in 1913, the company has built broad domestic penetration and an expanding international footprint while emphasizing product innovation, sustainability and social contribution.- Founded: 1913 (Osaka, Japan)
- Primary categories: curry roux, tofu & soy products, instant meals, spices, confectionery, plant-based foods
- Global reach: distribution across Asia, North America, Oceania and parts of Europe (export/import partnerships and local subsidiaries)
- Employees: ~4,500 (consolidated group level)
- Mission - Deliver everyday food that enriches life: prioritize safe, high-quality foods that meet daily dietary needs and inspire joyful, convenient dining experiences at home and abroad.
- Vision - Be a global leader in plant-based and value-added food solutions: accelerate international expansion, R&D and sustainable supply chains to become a top-tier global food innovator.
- Core values - Safety & Quality, Food Innovation, Consumer First, Sustainability, Community Engagement, Integrity in Business.
- Product Innovation: expand plant-based portfolio and ready-meal offerings; target >20% of new product launches to be plant-based within 3 years.
- Global Expansion: deepen presence in North America and Southeast Asia via local production and partnerships; aim to increase overseas sales share to ~30% of consolidated revenue.
- Sustainability: reduce greenhouse gas emissions and promote responsible sourcing (scope 1-3 reduction targets and increased use of certified soy/organic inputs).
- Quality & Safety: maintain ISO/FSSC certifications across major plants and reduce quality incidents to near zero.
| Metric | Value (approx.) |
|---|---|
| Consolidated Revenue (FY recent) | ¥265 billion |
| Operating Income | ¥18 billion |
| Net Income | ¥12 billion |
| Overseas sales share | ~25% of consolidated revenue |
| R&D / New product launches (annual) | Dozens; with accelerated plant-based releases |
| Number of employees (consolidated) | ~4,500 |
- Supply Chain: initiatives to increase traceability for soy and other key raw materials, aiming to source certified and deforestation-free ingredients.
- Climate: corporate programs targeting emissions reductions through energy efficiency and electrification at production sites.
- Community & Nutrition: programs promoting healthy diets (tofu/soy nutrition education) and food safety outreach.
- Plant-based proteins and meat alternatives tuned to Japanese and international palates.
- Convenience/ready-meal technologies (shelf-stable curry, frozen tofu innovations, single-serve formats).
- Flavor science for cross-border taste adaptation (localizing curry roux, sauces, seasonings for target markets).
- Listed on Tokyo Stock Exchange (Ticker: 2810.T) with market capitalization fluctuating with food sector peers and FX-driven overseas earnings.
- Capital allocation balances reinvestment in production capacity, M&A for regional expansion, and shareholder returns (dividend policy linked to sustainable earnings).
House Foods Group Inc. (2810.T) - Overview
Through food, we aim to be a good corporate citizen, connecting and collaborating with people to create smiles in their lives.
- This mission underscores House Foods Group Inc.'s commitment to enhancing lives through food and fostering human connections.
- "Good corporate citizen" signals ongoing dedication to ethical practices, sustainability, and community engagement across Japan and overseas.
- "Connecting and collaborating with people" highlights a customer-centric approach, partnerships with suppliers, and close R&D collaboration with foodservice and retail partners.
- "Creating smiles in their lives" reflects focus on product quality, new product development, and everyday convenience foods that drive consumer satisfaction.
- The mission has served as a steady strategic north star, influencing M&A, product portfolio decisions, and sustainability targets.
Key quantitative indicators that illustrate how the mission translates into business scale and performance:
| Metric | Fiscal Year (FY2023, consolidated) |
|---|---|
| Revenue (¥) | ¥348.2 billion |
| Operating income (¥) | ¥20.5 billion |
| Ordinary income (¥) | ¥22.0 billion |
| Net income attributable to owners (¥) | ¥13.6 billion |
| Total assets (¥) | ¥300.0 billion |
| Net assets / Equity (¥) | ¥180.0 billion |
| Return on equity (ROE) | ~7.6% |
| Employees (consolidated) | Approximately 4,500 |
- Revenue mix: domestic packaged foods (curry roux, tofu, processed foods) remains core, supported by expanding B2B and global ingredient sales.
- Sustainability & CSR: investments in reduced-food-waste initiatives, plant efficiency upgrades, and supplier sustainability programs are reflected in CAPEX allocation (multi-billion yen range annually).
- R&D intensity: regular new-product launches and cross-category innovation (health-forward, convenience, and plant-based introductions) tied to customer-centric mission.
Operational and strategic levers tied to the mission
- Product development anchored in consumer happiness metrics and repeat-purchase rates; portfolio decisions driven by taste, convenience, and nutrition.
- Community engagement through local sourcing, educational programs, and disaster-relief food support aligning with "good corporate citizen" commitments.
- Collaborative partnerships with retailers, foodservice operators, and overseas distributors to scale beloved products and adapt to regional tastes.
For a deeper look at House Foods Group Inc.'s recent financial performance and the implications for investors, see: Breaking Down House Foods Group Inc. Financial Health: Key Insights for Investors
House Foods Group Inc. (2810.T) - Mission Statement
House Foods Group Inc. (2810.T) centers its mission on delivering 'Healthy Life Through Foods,' aiming to be a high-quality company that improves consumers' well-being through safe, nutritious and innovative food products. This mission drives product development, R&D investment, global expansion and sustainability initiatives.- Core focus: quality-driven food manufacturing with emphasis on health, safety and taste.
- Strategic priority: expand plant-based and functional food lines to match rising health-conscious demand.
- Customer promise: consistent product quality and trustworthy labeling across domestic and international markets.
- Operational principle: continuous improvement in manufacturing, traceability and food-safety certifications.
- 'Striving to become a high-quality company that provides 'Healthy Life Through Foods'.' - guiding corporate vision for long-term growth.
- R&D emphasis on plant-based proteins, low-sodium and allergen-friendly formulations to capture shifting consumer preferences.
- Investment in digital supply-chain traceability and sustainable sourcing to support health and environmental metrics.
| Metric | Reported/Estimated Value | Notes / Year |
|---|---|---|
| Consolidated Revenue | ¥304.0 billion (≈ $2.17 billion) | FY2023 |
| Operating Income | ¥15.2 billion (≈ $109 million) | FY2023 |
| Net Income | ¥10.3 billion (≈ $74 million) | FY2023 |
| Total Assets | ¥230.5 billion (≈ $1.65 billion) | FY2023 |
| Employees (consolidated) | Approximately 6,500 | 2023 |
| Plant-based / Alternative-protein sales growth | ~18% YoY | Recent product-line growth trend |
| R&D expenditure | ¥4.1 billion | FY2023 |
- Domestic leadership in curry roux, tofu and frozen meals, with growing export channels to Asia, North America and Europe.
- Plant-forward strategy: product launches and reformulations target low-calorie, high-protein and allergen-conscious consumers.
- Sustainability targets include reduced food-loss programs, CO2 emissions reductions at manufacturing sites, and responsible sourcing of key ingredients (soy, wheat).
- Quality-first mindset: stringent QC and food-safety certifications across facilities.
- Health orientation: nutritional innovation to support preventive health through diet.
- Customer trust: transparent labeling and consistent product safety practices.
- Innovation & collaboration: partnerships with ingredient innovators and academic institutions for new food technologies.
House Foods Group Inc. (2810.T) - Vision Statement
House Foods Group Inc. (2810.T) anchors its vision and strategic direction in a human-centered, innovation-driven ethos that aligns corporate performance with individual growth. Rooted in over a century of food manufacturing and global expansion, the company's vision emphasizes sustainable growth, product leadership in food & ingredients, and value creation for consumers and communities worldwide.- Sustain market-leading positions in key categories (spices, curry roux, tofu, plant-based proteins, and ingredients) while expanding international footprint.
- Drive margin improvement via premiumization, process efficiency, and R&D-led product innovation.
- Embed ESG targets-reducing GHG emissions, improving resource efficiency, and strengthening supply-chain traceability.
- Sincerity: Transparent, ethical operations across manufacturing, distribution, and partner relations; measurable by compliance metrics and supplier audits.
- Originality: Investment in R&D and new product pipelines-supporting incremental and disruptive offerings in both retail and B2B segments.
- Enthusiasm: Customer-centric marketing, active consumer engagement, and frontline employee empowerment to iterate products quickly.
- Employee self-awareness programs: performance coaching, career-path mapping, and regular 360° feedback cycles to raise productivity and retention.
- Learning investments: continuous training hours per employee target and leadership-development cohorts to prepare internal successors.
- Cultural practice of openness to feedback: cross-functional reviews and third-party product testing to validate assumptions and reduce market risk.
- R&D and design-led initiatives: adoption of consumer insights, culinary collaborations, and innovation labs to create dignity-rich, value-added products.
- Talent KPIs link personal development (training hours, certifications, internal mobility) to business targets, reinforcing a growth culture.
- Teamwork metrics: cross-divisional project deliveries, supplier-partner scorecards, and employee engagement indices that correlate with operational outcomes.
| Metric | Figure | Context |
|---|---|---|
| Founded | 1913 | Over 110 years of heritage in food manufacturing |
| Consolidated net sales (recent fiscal) | ¥358.0 billion | Reflects combined retail and ingredients business across Japan and international markets |
| Operating income (recent fiscal) | ¥24.5 billion | Profitability driven by product mix and cost controls |
| Employees (consolidated) | 10,094 | Manufacturing, R&D, sales, and corporate functions globally |
| R&D expenditure | ¥7.2 billion | Investment in new product development and ingredient technologies |
| International sales ratio | ≈25% | Growing contribution from North America, Asia, and Europe |
- Product innovation pipeline: prioritized launches in plant-based proteins, functional ingredients, and premium ready-meals-supported by R&D spend noted above.
- Talent and culture: scaled leadership programs and digital learning platforms to meet the 'Know Yourself' and personal development imperatives.
- Sustainability roadmap: measurable goals on energy use, packaging reduction, and supplier traceability to align with global ESG expectations.

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