The Matsuda Sangyo Group engages in a wide range of businesses centered around the two pillars of the precious metals business segment and the food business segment, based on the corporate ethics of “making effective use of the limited earth resources and contributing to society through business.”
The Precious Metals Business Segment, based on the vision of becoming a “leading company that creates resource circulation (utilization),” will differentiate itself by continuously providing customers with high environmental value through the enhancement of the comprehensive resource recycling capabilities, based on efforts to provide products and services that reduce environmental burden and to develop and sell high-performance electronic materials, among others. It will expand domestic market share and develop new markets overseas, as well as explore the electronic devices industry, alongside efforts to develop the chemicals/automotive industries and the rechargeable batteries/e-scrap markets.
The Food Business Segment, based on the vision of becoming the “best partner for customers in product development,” will strengthen its core business (sale of ingredients) by expanding its procurement network for the raw materials for food products as well as its product lineup, and at the same time, work on building sales channels and developing safe, secure and sustainable products that capture the needs of customers, as well as expand sales domains by accelerating global roll-out.
In the electronic devices field of the electronics sector, which is the key market for the Precious Metals Business Segment, with no signs of a recovery in demand for smartphones and automotives, production of semiconductors and electronic parts failed to achieve a full-fledged recover despite the continued expansion in data center-related demand to support the generative AI sector.
Against this backdrop, the Precious Metals Business Segment recorded year-on-year increases in both net sales and operating profit on the back of a strive to increase in precious metals recycling volume, including the jewelry sector as well as the steady market price of gold.
As a result of the above, net sales for the Precious Metals Business Segment were ¥361,655 million (up 43.0% year on year) and operating profit was ¥10,178 million (up 44.5% year on year).
In the food production sector, which is the key market for the Food Business Segment, despite the growth in inbound demand, personal consumption was sluggish due to rising prices, which suppressed in consumer sentiment, among other factors. This, coupled with persistently high raw material prices and logistics costs, created an unstable market environment.
Amid these circumstances, the Food Business Segment registered an increase in the sales volume of seafood products. However, the sales volume of livestock and agricultural products decreased, along with a decline in sales prices was also observed in some areas due to changes in the product mix, which contributed to a year-on-year fall in net sales. On the other hand, due to efforts to optimize costs by improving inventory turnover ratio, operating profit increased year on year.
As a result of the above, net sales for the Food Business Segment were ¥107,221 million (down 0.4% year on year) and operating profit was ¥2,497 million (up 8.0% year on year).
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