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One of the main points of our Management Philosophy is to “Provide health and a rich dietary life to society through foods.” The effective use of natural materials is at the core of our businesses, and we supply products that offer healthy options, safety, reliability, and richness to people’s lives.
The effective use of natural materials has been part of Riken Vitamin’s DNA since the company was founded. In 1953, we succeeded in using molecular distillation to produce vitamin A, and this innovative technology is still a fundamental component of everything we do. Broadly speaking, a key strength is the unique technological capabilities we use to increase the added value of products made from natural materials.
Our business model involves adding value through technology that effectively uses natural materials, and we employ it consistently in all of our business fields (food, improving agents and healthcare). For example, early in our history, we extracted vitamin A from fish organs—effectively using natural materials that were formerly discarded. Scallop extract is another example. We have the top market share in Japan for this product, which we manufacture by concentrating and processing scallop broth that was formerly discarded. In ways like this, Riken Vitamin has manufactured sustainable products since day one.
Our current medium- to long-term vision is to achieve growth by supporting a sustainable society with specialty products and services. During our current medium-term management plan (FY2022 to FY2024), we are strengthening the foundation for growth to achieve our vision. For Riken Vitamin, a specialty product is something that contributes to a sustainable society, is unique in its category, and adds value for customers because it is based on proprietary technologies. Our existing businesses offer many specialty products, and we intend to create even more of them in our core business fields of food, improving agents and healthcare. The Application & Innovation Center (A&I Center) researches and develops food-improving agents and is a key source of specialty products. A&I Center researchers from a variety of fields conduct surveys, marketing, and research and development. Collaboration with researchers and business partners overseas and communication that transcends the boundaries of specialized disciplines empower the people at the A&I Center to propose unique concepts and applications.
Riken Vitamin has always had a corporate culture that is open-minded and respects diversity, but I am concerned that this atmosphere is fading. I believe that sustainable growth as a specialty company depends entirely on people, and we are committed to ensuring psychological safety and respecting diversity. In addition, we are integrating human resource and management strategies in our discussions. I want Riken Vitamin to be a self-driven organization in which individuals share our vision and ideals and take the initiative in addressing issues. That kind of organization will inspire all employees to energetically participate in our medium-term management plan as if it were their own.
The Riken Vitamin Group aims for sustainable growth by providing specialty products and services. We will also continue to engage in meaningful dialogue with our stakeholders so that they can share our confidence in the future of the Group.
We look forward to the continued support of our stakeholders.
Riken Vitamin Co., Ltd.
President & Representative Director
Kazuhiko Yamaki
