Calbee (2229) Investor presentation summary

Vision for 2035

• Aims to transform from a Japanese snack maker into a global snacking company by 2035.

• Seeks to accelerate growth and create joy through food for people worldwide.

• Focuses on leveraging uncovered strengths to build new value and reach a broader audience.

Core strengths and competitive advantages

• Identifies key strengths in ingredients, technology, people, processing, sales, planning, production, distribution, and development.

• Plans to use these strengths to drive the next phase of growth and evolve into a snacking company.

Market trends and opportunities

• Notes that the market for snacks and light meals is expanding as traditional eating habits shift.

• Highlights a new lifestyle trend that is freer, healthier, and more personal, creating new opportunities.