Sustainability

ShoEi Foods Group Basic Policy on Sustainability

1．Basic Policy

Based on our management philosophy of "contributing to society by creating a new food culture through the provision of safe and secure foods carefully selected from Japan and overseas," the ShoEi Foods Group will help to realize a sound and bright society by proposing and providing foods, creating health through the provision of nourishment, and creating smiles and happiness through the provision of nice tastes.

In the course of doing business, we must consider not only our own profits but also our environmental impact, and reduce this as much as possible. We believe that we must make our society a better place through our business operations, by contributing to the achievement of the SDGs' goals and the resolution of social issues that our stakeholders require.

In pursuit of our management philosophy and the realization of a sustainable society, our group is aiming to be a company that is trusted and needed by society, where individual employees think for themselves, have a sense of ethics, and act in compliance with laws and social norms.

2．Environmental measures

Compliance with environmental laws and regulations : We comply with laws, regulations and self-regulations relevant to the countries and regions in which we operate, and aim to comply with international standards and norms.
Provision of safe and secure products : We strive to provide safe and secure products that are friendly to the global environment.
Reduction of environmental pollutants :We strive to prevent pollution by properly managing environmentally hazardous chemicals and other environmental pollutants.
Reduction of environmental impact : We strive to improve the efficiency of our use of energy, raw materials, and water throughout our business operations and to reduce greenhouse gases (CO₂, CFCs, etc.), thereby reducing our environmental impact and curbing global warming.
Resource conservation and waste reduction : We will strive to implement carbon management, including the promotion of energy conservation and the visualization of energy use, and to reduce waste.
Protection of biodiversity :We strive to deepen our understanding of biodiversity, maintain and conserve biodiversity, and protect ecosystems.
Raising environmental awareness : We will raise the environmental awareness of all group employees through awareness programs and environmental education, including on nature and living things.
Contribution to local environmental improvement : We contribute to the creation of better local environments through communication with neighbors and local communities.
Requests to the Supply Chain: We seek understanding from all businesses forming the value chain, in our Group's business activities including suppliers, understand and implement measures addressing climate change such as CO₂ emissions reduction, energy conservation, water usage reduction, reduction of environmental pollutants, waste reduction, biodiversity conservation, efficient resource utilization, and consideration of other environmental issues.

3．Social measures

For customers:
- We will work to prevent accidents by proposing and providing safe and secure foods and establishing an advisory service.
- Along with the pursuit of tastiness, we will work to contribute to achieving a healthy and long-lived society.
- By supplying products that meet customer needs at our plants in Japan and overseas, we aim to contribute to resolving such issues as reforming the way our customers work and reducing labor shortages and food waste.
- We will consider diversification of raw material supply areas at any time and strive for stable supply.

For suppliers:
- We will conduct fair and proper trading and build and maintain relationships that enable us to prosper together.
- We will work together on key CSR issues (human rights, labor practices, and environmental impact).

For shareholders:
- We strive to increase management transparency and to disclose company information in a fair, timely, and appropriate manner.
- Based on our mid- to long-term vision, we will strive for sustainable growth and increased corporate value.
- We will work to strengthen our governance and establish constructive dialogue.

For employees:
- We will strive to respect human rights, eradicate harassment and discrimination, and increase education and awareness of occupational health and safety.
- Based on the idea that employee health is the key to a sustainable company, we will promote work-life balance and mental and physical health management, striving to create a happy and comfortable working environment where every employee can fulfill their potential.
- We will try to nurture our employees’ abilities, creating a workplace that offers career development and job satisfaction through skills development training and other programs.
- We will strive to improve working conditions such as salaries and benefits as fair compensation for work.
- We respect our employees' freedom of association and the right to collective bargaining, and will communicate appropriately to resolve issues related to workplace and employment conditions.

For local communities:
- We consider our impact on the environment and are committed to reducing our environmental footprint.
- We will strive to coexist in mutual prosperity as a member of our local and international communities, and to contribute to the safe and sustainable development of local communities through our individual thoughts and actions.
- We will also promote dialogue with local communities and participation and collaboration in local events.

For NGOs and NPOs:
- We appreciate the significance of social activities that are not intended for profit, and will actively discuss and participate in such activities.

ShoEi Group Code of Conduct

This Code of Conduct is aimed at all officers and employees of ShoEi Foods Corporation and Group companies, and sets forth standards and guidelines for behavior that will ensure awareness of compliance and fulfilment of social responsibility, enabling everyone in the Group to devote themselves to their duties with pride. We hope that all officers and employees remain fully aware that a business cannot exist without the trust of society, and that they work diligently in accordance with this Code, based on a full understanding of its aims.

1. Respect for the founding spirit and founding principles

As the characters in our company name imply, the founding spirit of our group is "to prosper correctly," which can be said to be the starting point of compliance. Furthermore, the founder took on challenges with a positive attitude, believed in infinite possibilities, and dreamed of doing business with the world, and worked towards making that dream a reality. We will again reflect on the founding aspirations and principles of our predecessors and, with the mutual understanding, trust and cooperation of our business partners, we will inherit the importance of business aimed at prosperity, the spirit of gratitude and service, and we will open up a new path that will not be a disgrace to the world.

2. Legal compliance and social responsibility awareness

(1)We always uphold law and order with high ethical standards and act in a civil and responsible manner.
(2)We deal strictly with any illegal or antisocial behavior.
(3)We have a proper understanding of the content of applicable laws and regulations in our business operations and act responsibly in compliance with licensing procedures etc. and in line with social norms.

3. Provision of safe products

(1)We always give top priority to the safety of our customers and conduct quality control with great care and sensitivity from a company-wide perspective.
(2)We completely eliminate illegal and defective products and provide only trusted products to the market.
(3)We provide customers with correct information about products and other items to ensure satisfaction and peace of mind.

4. Social contribution and environmental protection

(1)Every officer and employee thinks and acts on their own initiative in order to make a positive contribution to society by always trying to coexist in mutual prosperity with local and international communities.
(2)We aim as a company to contribute to the harmony and coexistence of sound global environmental protection and social prosperity, by considering and reducing the environmental impact of our business operations and working to protect biodiversity.

5. Prohibition of unfair trading

(1)We do not engage in unfair or illegal trading that violates the principles of public policy or market competition.
(2)We do not engage in price-fixing, collusion, or other unfair relationships with counterparts with regard to conditions such as transaction prices and services.

6. Maintaining healthy relationships with stakeholders, trade partners, and trade partner executives, and preventing corruption

(1)We maintain healthy relationships in our business development with stakeholders, trade partners, and executives of trade partners, free from criticism by society.
(2)We strive to prevent corruption by, for example, not offering or accepting money, gifts, hospitality, or any other benefits that exceed socially accepted norms.

7. Organized crime measures

(1)We do not associate in any way, and for any reason, with organized criminals or other groups that affect the order and safety of society.
(2)We do not engage in, overlook, or have any vested interest in behavior that could encourage the activities of such groups.

8. Respect for human rights, prohibition of harassment, discrimination, and forced labor

(1)We are conscious of being a member of the international community and local communities, and act with a proper understanding of and respect for the laws, cultures and customs of the countries and regions concerned.
(2)We are committed to securing a positive, safe and comfortable working environment by respecting human rights, without any discrimination based on race, gender, age, nationality, religion, mental or physical disability or status, and by eliminating sexual harassment, power harassment, acts of violence, forced labor, child labor or any other infringements of human rights.
(3)We play our role in creating a prosperous and comfortable society while respecting the personality and values of individuals, respecting their privacy and not infringing upon it unjustly, and always keeping in mind harmony with all parties concerned.

9. Company’s interests, and distinction between business and personal matters

(1)We always act in the interests of the company and never act contrary to the interests of the company.
(2)We distinguish clearly between the company's position and the individual's position, and do not bring personal interests into the company or use the company's position or assets for personal use. In addition, we do not engage in profit-making activities for personal use.

10. Appropriate accounting reporting and processing

(1)The company’s assets are not used for any illegal purposes.
(2)Accounting processing and reporting must be in accordance with the actual situation, in line with internal rules, and based on proper standards generally accepted as fair and reasonable.
(3)There is no false processing that differs from the actual situation, or inappropriate processing that could be misleading, such as deliberately changing the time when processing was carried out.

11. Appropriate management and prevention of infringement of intellectual property rights

We respect the intellectual property of other companies and strive to create such a corporate culture, both in Japan and overseas.

12. Appropriate management and disclosure of information

(1)We continue to maintain a corporate structure that is reliable and trustworthy by appropriately managing and protecting the information obtained in the course of our business.
(2)We strive to prevent insider trading by disclosing corporate management information in a timely and appropriate manner.
(3)We do not spread rumors, etc.

13. Implementation of supply chain CSR procurement management

We do not base our purchases solely on product quality, price and supply capability but, wherever possible, take into account CSR aspects in the supply chain (e.g. human rights abuses, forced labor, child labor, legal wage payments, working hours, work environment, and the environmental impact of production sites and processing plants).We seek understanding from all businesses forming the value chain, related to our Group's business activities including suppliers, regarding our human rights initiatives. These initiatives, outlined in our Sustainability Basic Policy and the ShoEi Group Code of Conduct, include prohibitions on child labor and forced labor, prohibitions on discrimination, and respect for freedom of association and the right to collective bargaining. We promote respect for human rights.

ShoEi Foods Group Materiality

We have established the following materiality issues that our stakeholders expect of us and that we must address in order to achieve sustainable growth.

Disclosure under the TCFD Framework

The ShoEi Foods Corporation group (The ShoEi Group) recognizes that climate change is an important issue that affects the sustainable growth of our business. We assess risks and opportunities that climate change poses to our business, and disclose governance, strategy, risk management, indicators and targets.

Governance

The ShoEi Group, which mainly handles processed agricultural products and processed dairy products, is exposed to droughts, floods, storms, and other abnormal weather and global warming caused by climate change, which will damage raw material production areas and create major risks in raw material procurement. In order to avoid this risk, the ShoEi Group has established a Sustainability Committee chaired by the President and CEO as a subordinate body of the Board of Directors to discuss risks and opportunities in climate change and consider countermeasures. In addition, an independent outside director participates in this committee as a member in order to receive an objective and rational evaluation from the outside. The results of the discussion in committees are reported to the Board of Directors at least twice a year. The Board of Directors makes decisions based on a comprehensive perspective, taking into account the impacts of climate change and the results of environmental assessments.

Strategy

The ShoEi Group imports and procures processed raw materials and commodities of agricultural and dairy products from around the world. Therefore, climate change is expected to have a wide range of effects, including drought and sunshine, massive outbreaks of pests, inactivity of insect vectors using honeybees and other insects essential for pollination work, supply instability due to bad harvests, poor quality, price hikes, changes in consumer preferences, and changes in suitable agricultural production areas. The entire group closely monitors these changes and considers diversification of suppliers, diversification of risk, market analysis of transition risk, and investigation of trends in emerging production areas, in order to ensure a stable supply of products to customers and to propose alternative products.
In addition, the Company will procure and develop products for emerging regions in response to the growing ethical consumption choices of consumers due to climate change and increasing health consciousness.

Risk management

The ShoEi Group promotes risk management by establishing a Risk Management Committee, a Sustainability Committee, etc., in order to appropriately respond to risks that have a serious impact on the company. Among them, "climate change" is also positioned as an important management risk, and the Sustainability Committee comprehensively evaluates the risk level and impact of physical risks, legal regulations, market transition risks, etc., and measures to respond to them. The results will be reported to the Board of Directors, which will supervise and appropriately reflect them in management to promote risk management.

Indicators and Targets

1．Reduction of CO₂ emissions

　　Our group measures CO₂emissions at all domestic and overseas locations (including branch offices and manufacturing plants), and has set a target to reduce the CO₂ emissions (the sum of Scope 1 and 2) by 30% by 2030 compared to the base year of 2022. (Note that while the reporting period was previously set as the one-year period ending in March, we have now aligned it with the reporting period used in our financial statements.)

2．Progress in Reducing CO₂ Emissions
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　(Unit: t-CO₂)

	Base Year		FY 10/2024
	Before	After	FY 10/2024
	FY 2022 (From April 1, 2022 to March 31, 2023)	FY 2022 (From November 1, 2021 to October 31, 2022)	FY 2024 (From November 1, 2023 to October 31, 2022)
Scope１※１	23,149	22,058	20,108
Scope２※２	22,610	23,034	21,658
Total amount	45,759	45,092	41,766

Compared to the base year, emissions have been reduced by 8.5% for Scope 1, 6.0% for Scope 2, and 7.2% for Scope 1 and Scope 2 combined. Our Group will continue to advance initiatives to reduce CO2 emissions from a medium- to long-term perspective at our domestic and overseas locations.

※1. Scope 1 refers to greenhouse gas emissions resulting from our own fuel consumption and direct emissions from industrial processes.
※2. Scope 2 refers to greenhouse gas emissions resulting from our use of electricity, heat, and steam supplied by third parties.
※3. Regarding Scope 3, we will strive to establish a system for collecting and organizing data in the future.

The ShoEi Foods Corporation including group companies is working to reduce its CO₂ emissions from a long-term perspective at its domestic and overseas bases of operation.

Grasping CO₂ emissions at domestic and overseas activity sites.
Switching to high-efficiency (energy-saving) equipment when renewing machinery and equipment.
Review production methods and increase efficiency of energy consumption by improving production efficiency. (improvement of emission intensity).
Switching energy use from heavy oil to gas that requires lower CO₂ emissions while taking efficiency into consideration [energy conversion].
Reduction of the CO₂ emissions through the introduction of solar power generation (renewable energy) systems (already installed at ShoEi Foods (U.S.A.), Inc.
Reduction of the CO₂ emissions through procurement (purchase) of green electricity.
Maintain functionality of air conditioning and mechanical equipment through periodic maintenance and cleaning.
Promoting the use of LED lighting at all business locations.
Promoting energy conservation with motion sensors and illumination sensors.
Promoting air conditioning control in offices (28°C in summer and 20°C in winter).
Forest protection through the promotion of paperless.
Reduction of CO₂ emissions by modal shift from truck transportation to rail container transportation for domestic delivery.
Reduction of CO₂ emissions by omitting domestic transportation by unloading ocean freight at consumption points.
Labor savings in electricity use through management of inventory items (temperature-controlled, refrigerated, and frozen) by optimizing inventory and improving turnover ratio, etc.

Overview of Scenario Analysis based on TCFD Recommendations

In identifying medium- and long-term business risks and opportunities due to climate change, we analyzed and summarized the impact of greenhouse gas emission control and procurement and production of main commodities (agricultural and dairy products) under two scenarios: the 4°C scenario, in which the global average temperature rises 4°C, as announced by the IPCC (Intergovernmental Panel on Climate Change), IEA (International Energy Agency), and the 2°C scenario, in which the global average temperature is kept below 2°C as agreed in the Paris Agreement.

①Scenario Analysis: Risk （Common scenario 2°c and 4°c assumed）　

＊Worldview Of The 4°C Scenario

Regulations to limit temperature rise will be less stringent than in the 2°C scenario (Transition Risk)

Negative impacts on the environment and human activities become more pronounced with rising temperatures. (Physical Risk)

Transition Risks

Major Category	Small Category	Impact On Business	Importance	Response Measures
Policy / Regulation	Carbon tax, carbon credit, etc. Introduction of carbon pricing	Increase in production costs due to higher fuel costs and electricity charges Increase in logistics costs	Significient	Efforts to reduce CO2 emissions throughout the supply chain, including energy conversion and switching to energy-saving equipment Improving logistics efficiency and modal shift（Switching from trucking to rail container transportation）
Policy / Regulation	Strengthening GHG emission regulations	Operational costs increased in relation to the formulation and execution of reduction targets Increase in investment costs for energy-saving equipment	Medium	Initiatives to improve energy efficiency Promotion of the use of private power generation and conversion to renewable energy
Evaluation	Changes in consumer behavior	Decreased sales due to deterioration of reputation to companies when it is judged that efforts to sustainability management are insufficient Adverse effects on talent acquisition and employee retention due to deterioration of corporate reputation	Significient	Initiatives for environmentally friendly use of raw materials and materials (organic, recycled materials, etc) Promoting initiatives for food loss and 3R Actively promote human capital management
Evaluation	Change in reputation among investors, financial institutions, shareholders, and business partners	Increased funding costs and the risk of being excluded from the transaction	Significient	Promoting transparency in management such as information disclosure Steady Initiatives for Sustainability Management

Physical Risks

Major Category	Small Category	Impact On Business	Importance	Response Measures
Chronic	Transition of major agricultural production areas due to rising temperatures	The existing purchasing network may be insufficient for raw material procurement	Significient	Diversify and decentralize raw material suppliers Building a healthy and sustainable supply chain
	Increased damage caused by pests and diseases due to rising temperatures, and a decrease in biodiversity caused by pollinating difficulties due to the decrease in insects	Increased costs and procurement difficulties due to lower raw material quality and lower yields	Significient	Diversify and decentralize raw material suppliers Research and development of alternative products to existing products
	Increased water resource stress	Produce difficulties or increase of procurement costs due to lack of agricultural products due to drought or drought in the cultivation area, production plant, and supply chain	Significient	Strive to diversify and decentralize raw material suppliers Deepen your understanding of water resource finiteness and water cycle mechanisms Make the most effective use of water resources
Acute	Intensification and increase in frequency of weather disasters (typhoon and storm surge)	Shutdown of operations due to damage to factory facilities, equipment and infrastructure	Significient	Reduce the damage by formulating BCPs (Business Continuity Plans) at each production plant and distribution point and confirming their effectiveness

Opportunity

Category	Impact On Business	Importance	Response Measures
Opportunities for Changing Consumer Behavior	Expanded purchasing behavior for products that take environmental impact into account (ethical consumption)	Significient	Promotion of development of differentiated products with high sustainability value (such as building environmentally friendly manufacturing processes)
	Increasing frequency of infectious diseases and epidemics due to global warming and increasing interest in health due to epidemics	Significient	Expansion of the line-up of health-conscious products Development of healthy materials/proposals
	Shrinking the conventional market and appearance of new market due to changes in food preferences caused by global warming	Medium	Promote new product design and development efforts through appropriate market research

Our Approach to Climate Change

We have identified “Addressing Climate Change” as one of the key priorities in our materiality framework and are committed to reducing CO₂ emissions as a responsible member of society. We support policies related to climate changes, such as the Act on the Promotion of Measures to Cope with Global Warming (Global Warming Countermeasures Act) and the Act on the Rational Use of Energy (Energy Conservation Act), and is taking appropriate measures to comply with these regulations.

Waste Reduction

We are implementing carbon management initiatives, such as promoting energy conservation and visualizing energy usage, and striving to reduce waste. In particular, regarding food waste, based on the “Act on the Promotion of Recycling and Reuse of Food Circulating Resources (Food Recycling Act),” we manage the amount of food waste generated per million yen of sales and strive to minimize its generation. At domestic group companies generating 100 tons or more of food waste, we manage this using the “sector-specific reduction targets” stipulated by the Food Recycling Act as a benchmark, and we achieved our targets for fiscal year 2024. Furthermore, as a group-wide target for waste reduction—including overseas group companies—we have set a goal to reduce industrial waste generation by at least 3% compared to the previous fiscal year. In fiscal year 2024, we achieved a 4% reduction compared to the fiscal year 2023, meeting our target.

Reducing Water Consumption

We strive to improve the efficiency of water resource usage and reduce our environmental impact across all business activities. A significant portion of our water resources is used for cleaning manufacturing equipment and maintaining production sites. Since many production lines manufacture multiple product varieties in a single day, the frequency of cleaning manufacturing equipment and production sites increases, resulting in higher water consumption. To improve production efficiency, we are working to streamline production by focusing on a limited range of product varieties, while also reducing water consumption by decreasing the frequency of cleaning manufacturing equipment and production sites. Regarding water risk, we conducted assessments at our domestic and overseas manufacturing plants (10 locations) using Aqueduct, a tool developed by the World Resources Institute (WRI), and have identified water risks as follows. The breakdown of water risk across the 10 sites is as follows: Low (0–1): 1 site (Japan); Low-Medium (1–2): 7 sites (Japan, U.S.); High (3–4): 1 site (China); and Extremely High (4–5): 1 site (China). We have identified that water risk is high at our manufacturing site in China.

Environmental Management Initiatives

Although our group has not obtained the ISO 14001 certification, we implement environmental management through environmental audits and contribute to environmental protection. Furthermore, we did not incur any environmental-related fines in 2024.

Various Data

Environment

The following figures are on a consolidated basis.

Item			Unit	FY2022	FY2023	FY2024
Raw ingredient consumption			thousand tons	136.6	131.3	129.2
Packaging material consumption			thousand tons	1.3	1.2	1.1
Waste generated ※			thousand tons	3.3	3.5	3.4
Waste recycled ※			thousand tons	2.8	3.0	3.1
Recycling rate ※			％	87.2	86.3	90.6
Final disposal volume ※			thousand tons	0.4	0.5	0.3
Water withdrawal (by region)	Domestic		thousand m³	1,279	1,298	1,242
	Overseas		thousand m³	171	171	173
Water withdrawal (by source)	Groundwater		thousand m³	1,251	1,251	1,204
	Tap water		thousand m³	199	223	210
Wastewater discharge (by region)	Domestic		thousand m³	1,391	1,420	1,426
	Overseas		thousand m³	154	171	173
Wastewater discharge (by destination)	River discharge		thousand m³	1,343	1,371	1,386
	Ocean discharge		thousand m³	43	44	35
	Sewerage		thousand m³	159	176	177
CO₂ emissions	Scope1	Domestic	t-CO₂	21,894	21,229	20,009
		Overseas	t-CO₂	164	168	177
	Scope2	Domestic	t-CO₂	17,014	15,972	15,809
		Overseas	t-CO₂	6,020	5,662	5,849
	Total	Domestic	t-CO₂	38,908	37,201	35,818
		Overseas	t-CO₂	6,184	5,830	6,026

※ Excludes overseas subsidiaries

Society

The following figures are on a non-consolidated basis.

Category	Item		Unit	FY 2023	FY 2024	FY 2025
Workforce & Composition	Number of regular employees	Male	people	253	246	247
		Female	people	156	158	160
		Total	people	409	404	407
	Gender ratio of regular employees	Male	%	61.9	60.9	60.7
		Female	%	38.1	39.1	39.3
		Total	%	100.0	100.0	100.0
	Number of part-time and fixed-term employees	Male	people	7	15	22
		Female	people	12	12	12
		Total	people	19	27	34
	Gender ratio of part-time and fixed-term employees	Male	%	36.8	55.6	64.7
		Female	%	63.2	44.4	35.3
		Total	%	100.0	100.0	100.0
	Number of foreign employees		people	8	8	7
Advancement of Women	Ratio of female employees in management positions		%	11.8	15.5	15.6
	Ratio of female employees in assistant managers		%	41.1	39.1	32.9
	Ratio of female employees in total employees (Consolidated)※		%	ー	ー	43.7
Age distribution	Average age of regular employees	Male	years	40.1	39.9	40.5
		Female	years	38.3	38.7	39.1
		Total	years	39.4	39.4	39.9
	Age composition ratio (Regular employees only)	under 30	%	22.5	21.8	19.4
		30–39	%	30.8	30.7	33.4
		40–49	%	24.5	26.7	25.6
		50–59	%	18.8	18.8	18.9
		60 and over	%	3.4	2.0	2.7
New Hires	Number of new graduate hired	Male	people	6	2	3
		Female	people	4	2	4
		Total	people	10	4	7
	Gender ratio of new graduate hired	Male	%	60.0	50.0	42.9
		Female	%	40.0	50.0	57.1
		Total	%	100.0	100.0	100.0
	Mid-career hire ratio		%	56.5	66.7	69.6
Turnover	Average years of service (Regular employees only)	Male	years	13.2	13.4	12.9
		Female	years	13.0	13.9	13.4
		Total	years	13.1	13.6	13.1
	Voluntary turnover rate (Regular employees only)	Male	%	1.96	0.99	0.98
		Female	%	0.49	0.49	1.72
		Total	%	2.44	1.49	2.70
	Voluntary resignation rate of new graduates within 3 years of employment		%	0.00	3.70	4.76
Post-retirement Re-employment	Number of employees seeking re-employment after retirement at 60 years old		people	6	5	5
Post-retirement Re-employment	Ratio of employees re-employed after retirement		%	100.0	83.3	100.0
Employees with Disabilities	Ratio of employees with disabilities (non-consolidated)		%	1.87	1.86	1.59
Employees with Disabilities	Ratio of employment with disabilities (consolidated) ※		%	ー	ー	2.80
Education and Training	Annual education and training expenditure		million yen	6.8	11.1	9.2
Work Status & Paid Leave Usage	Annual total working hours (per person)		hours	1,724.3	1,761.5	1,736.4
	Average overtime hours (per person)		hours	7.3	8.4	9.5
	Annual Paid Leave	Average number of annual paid leave days granted	days	18.1	18.4	17.8
		Average number of annual paid leave days taken	days	12.1	12.4	15.7
		Paid leave utilization rate	%	66.6	67.4	71.6
Health Management	Mental health care	Stress check participation rate	%	87.6	84.3	84.3
	Mental health care	Ratio of high-stress persons	%	7.3	12.9	12.4
	Health checkup participation rate		%	80.1	96.8	97.5
Caregiving & Childcare Support	Number of employees taking family care leaves		people	0	1	2
	Childcare leave utilization rate	Male	%	30.7	62.5	80
	Childcare leave utilization rate	Female	%	100.0	100.0	100.0
	Average days of childcare leave taken by male employees		days	28.8	22.0	49.0
	Number of employees taking childcare leave	Male	people	3	5	4
	Number of employees taking childcare leave	Female	people	9	11	3
	Ratio of employees who return to work after taking childcare leave	Male	%	100.0	100.0	100.0
		Female	%	100.0	100.0	100.0
	Number of employees using shortened working hours for childcare	Male	people	0	0	0
		Female	people	4	24	29
Compensation	Average annual salary of employees (Regular employees only)		Yen	6,400,289	6,505,500	6,669,343
	Gender Salary gap (The ratio of women's salaries to men's salaries )	Regular employee	%	68.2	69.0	70.3
		Non-regular employee	%	49.7	38.5	39.6
		Part-time employees only	%	115.3	N/A	146.2
		All employees	%	66.6	66.7	68.3
Occupational Accidents	Number of occupational accidents		cases	8	4	2
Occupational Accidents	Lost Time Injury Frequency Rate (Consolidated) ※		%	10.67	7.09	5.97
Systems Related to Work Styles	Flextime work system			None	None	None
	Staggered working hours system			None	Yes	Yes
	Work-from-home system			None	None	None

※Excludes overseas subsidiaries

Governance

※The data below don't include group companies.

Item（Governance）			Unit	Oct 31, 2023		Oct 31, 2024		Oct 31, 2025
Number of directors	Number of Internal Directors	Men	people	8	100.0%	7	100.0%	7	100.0%
		Women	people	0	0.0%	0	0.0%	0	0.0%
		Total	people	8	100.0%	7	100.0%	7	100.0%
	Number of Independent Outside Directors	Men	people	2	66.7%	2	50.0%	2	50.0%
		Women	people	1	33.3%	2	50.0%	2	50.0%
		Total	people	3	100.0%	4	100.0%	4	100.0%
		Ratio of Independent Outside Directors on the Board	%	27.3%		36.4%		36.4%
	Total	Men	people	10	90.9%	9	81.8%	9	81.8%
		Women	people	1	9.1%	2	18.2%	2	18.2%
		Total	people	11	100.0%	11	100.0%	11	100.0%
Auditor	Number of Internal Directors	Men	people	1	100.0%	1	100.0%	1	100.0%
		Women	people	0	0.0%	0	0.0%	0	0.0%
		Total	people	1	100.0%	1	100.0%	1	100.0%
	Number of Independent Outside Directors	Men	people	3	100.0%	3	100.0%	3	100.0%
		Women	people	0	0.0%	0	0.0%	0	0.0%
		Total	people	3	100.0%	3	100.0%	3	100.0%
	Total	Men	people	4	100.0%	4	100.0%	4	100.0%
		Women	people	0	0.0%	0	0.0%	0	0.0%
		Total	people	4	100.0%	4	100.0%	4	100.0%
Ratio of female board member			％	6.67%		13.33%		13.33%
Number of board meetings ※			times	13		13		13
Number of audit committee meetings			times	14		14		14
Existence of whistle blowing system				yes		yes		yes
System regarding confidentiality and protection for whistleblower and those who cooperated in investigations				yes		yes		yes

※In principle, the Board Meetings are held at least once a month, but in August it is held in writing.

Data related to safety and security

※Until the end of Mar.2025

Third-party certification acquisition
	Production Affiliated company	Location	Certification
Domestic	Shoei Delicy Corporation Chikusei Plant	Chikusei-shi, Ibaraki，Japan	ISO22000
			FSSC22000
	Kyo Marron Co., Ltd. Mitsukaido Plant	Joso-shi, Ibaraki，Japan	ISO22000
			FSSC22000
	Kyo Marron Co., Ltd. Amakusa Plant	Amakusa-shi, Kumamoto，Japan	ISO22000
			FSSC22000
	Kyo Marron Co., Ltd. Bando Plant	Bando-shi, Ibaraki，Japan	ISO22000
			FSSC22000
	Robinia Corporation	Sakaki-machi, Hanishina-gun, Nagano，Japan	ISO22000
			FSSC22000
	Tsukuba Dairy Products Co., Ltd. Ishioka Plant	Ishioka-shi, Ibaraki，Japan	ISO9001
	Tsukuba Dairy Products Co., Ltd. Tamari Plant (dairy plant)	Omitama-shi, Ibaraki，Japan	ISO9001
			ISO22000
			FSSC22000　　 ※1
			RSPO
	Tsukuba Dairy Products Co., Ltd. Tamari Plant (nuts plant)	Omitama-shi, Ibaraki，Japan	ISO9001
			ISO22000
			FSSC22000
Oversea	ShoEi Foods Qingdao Co., Ltd.	Qingdao, Shandong, China	BRC
			KOSHER
			HALAL(BPJPH) ※2
			HALAL(JAKIM) ※3
	Yanji ShoEi Foods Co., Ltd.	Yanji, Jilin, China	ISO22000
			BRC
			KOSHER ※4
			HALAL(BPJPH) ※5
			HALAL(JAKIM) ※5
	SHOEI FOODS(U.S.A),INC.	California, USA	BRC 　　　　　 ※6
			KOSHER　　　　 ※7
			HALAL　　　　　 ※8
※1 Certified for all lines except feed
※2 Applicable products:Raisins, wolfberries, prunes, mixed fruits, sugar-substituted fruits, processed apple products, marron paste, fruit paste, fruit sauce
※3 Applicable products:Raisins, wolfberries, prunes, mixed fruits, sugar-substituted fruits, processed apple products, marron paste, fruit paste, fruit sauce, pistachios sauce
※4 Applicable products:Pine nuts (including sterilized products), pumpkin seeds (including sterilized products), sunflower seeds, walnuts, macadamia nuts, almonds and processed almonds
※5 Applicable products:processed walnuts, processed almonds, processed macadamia nuts, processed pumpkin seeds, processed sunflower seeds, processed pistachios, processed cashew nuts, processed hazelnuts, processed pine nuts, processed pecan nuts, processed Chinese xingrens, Processed Seasoned nuts
※6 Applicable lines: fumigation, cleaning, sorting, packaging, and outsourced process: pasteurization.
※7 Applicable product: Walnut
※8 Applicable products:California walnuts with and without shells
Quality assurance department under direct control of the president			Yes
Customer consultation room			Yes