The long-running Langhap -sarap TV campaign is introduced. These are the products that our customers buy most, remember most and come back most for! 2, series of 2015, as amended by SEC Memorandum Circular No. Home > Our Mission, Vision, and Values. The Company upholds the continuous education, training and development of its directors and officers. Trading in the Company’s shares is prohibited two (2) trading days from submission of the Company’s disclosures. The JFC Group’s worldwide store network reached 4,613 stores. USA’s Restaurant Business Magazine includes Jollibee as among the 50 fastest growing chains in the United States. In this year’s annual report, we showcase the excitement and delight that our products bring our customers, moving them to share their joy online. We are the best tasting QSR.. A good brand does not just deliver its benefits. More than just a name and a logo, a brand has character. As of December 31, 2016, Ownership Structure Like a distinctive flavor, texture, juiciness and aroma of familiar food products; the liveliness, colorfulness, cleanliness and atmosphere of fun and customer delight in the dining place; the ready smile, warmth and courtesy of the store crew. It can be formal or playful, aged or young, traditional or modern, elaborate or simple. As of September 30, 2015, Ownership Structure Due to the ever-changing business landscape, McDonald’s has learned the art of tweaking these two corporate statements to ensure the business is always abreast of the current c… Mission: Empower Filipinos everywhere with customer-focused digital innovations that unlock and share their infinite potential. Brief Description of the Company 3 III. In its vision to become an educational center of excellence, it anchors itself to the virtues of leadership and … @ValuesIntegrity and HonestyIntegrity and honesty include openness and rational thinking as well as trust and sincerity across our business … Employees are provided with all benefits required under the law. As of June 30, 2019, it was operating 3,195 restaurant outlets in the country: Jollibee brand 1,163, Chowking 590, Greenwich 284, Red Ribbon 479, Mang Inasal 577, Burger King 101 and PHO24 1. The DepEd Mission. The foundation has focused its work on feeding programs for undernourished children in poor communities, developing farmers to become better entrepreneurs and suppliers of agricultural products and providing disaster relief for calamity-stricken regions. We speak our minds constructively when needed. Since then, JFC had grown to become the largest food service company in the Philippines and one of Asia’s most promising food service enterprises. It is about spending time with family, friends, and colleagues. JFC makes it to Philippines’ Top 100 Corporations. Their array of cuisines and flavors would also expand, giving them even more chances to serve a wider variety of food to other peoples in other places. JFC inaugurated the JFC Distribution Center, the Philippines’ largest automated Quick Service Restaurant (QSR) logistics facility. OUR VISION. Chief Justice Artemio Panganiban (Head). The Company’s Code of Ethics and Business Conduct is rooted in its strong core values of honesty, integrity, trust and excellence. In addition, the Company has short-term cash deposits and has available credit lines with accredited banking institutions, in case there is a sudden deficiency. We are the best tasting QSR.. It helps explain why the Jollibee Group has become a group of leader brands. There are lots of people whose hobby everytime ythey’re facing difficulties is to go to a place where they can eat plenty … We are true to our name, hard-working and happy. In practice, the trading prohibition is observed after the Board meeting approving the matter or after the disclosure (whichever is earlier). Jollibee opens its first international outlet, in Taiwan. We provide great taste, and superior value to all our customers. It is about spending time with family, friends, and colleagues. 70% of these were provided to communities, and the rest were for frontliners. 19, series 0f 2016, all key officers and directors of the Company shall attend a minimum of four (4) hours of corporate governance training every year conducted by training providers that are duly accredited by the Securities and Exchange Commission. Its name clearly reminds of some things; to consumers – its benefits, its promise of high quality. @MissionTo provide the quality of professional services in accordance with the market demand. This is natural. ... values, vision, and mission. The Company does not engage in any long-term debt and foreign currency-denominated transactions that may cause exposure to interest rate risk and foreign currency risk, respectively. Frugality. Taste preference along with those of aroma, texture, and presentation evolved over hundreds of years, influenced mainly by the kinds of plant and animal food that grow in their geography. In October, JFC shares sell for Php 20.00/share – a windfall of more than 135%. What makes a brand? It offers a wide variety of affordable and delicious dishes and great tasting food prepared to satisfy customers of all ages and from all walks of life. A true mission is a clear and captivating goal that focuses people‘s efforts. On July 13, JFC lists its shares in the Philippine Stock Exchange with an initial offering of Php 9.00/share. This is how they bring to life the Company’s mission of “spreading the joy of eating to everyone”! They provide dining experience in a place designed to delight in a way that is consistent with the brands’ character. The Company responds by observing stringent guidelines, processes and procedures in its FSC, and conducting regular and spot audits to ensure that FSC standards are maintained not only in stores but also in commissaries. Jollibee is named by New York-based magazine Travel + Leisure as one of the best fast food chains in the world. Spirit of Family and Fun. The other activities of the Jollibee Group include manufacturing and property leasing in support of the quick service restaurant systems and other business activities. JOLLIBEE FOOD CORPORATION Medium – Term Strategic Plan Prepared by [pic] Date 30th October, 2009 STRATEGIC PLAN FORMART Page I. In cases of non-collection, defaults of the debtors are not tolerated; the exposure is contained the moment a default occurs and transactions that will increase the Company’s exposure are not permitted. The Company endeavours to maintain the highest standards of business ethics as well as full compliance with all relevant laws, rules and regulations. This usually includes a brief description of what the organization does and its key objectives. © 2020 Jollibee Foods Corporation. The mission statement … [1] The Company shall conduct all material related party transactions, as defined under this Policy, on an arm’s length basis, in such manner that will inure to the best interest of the Company and its stakeholders and in compliance with existing laws, rules and regulations. The Company conducts its business and performs its duties with uncompromising integrity and professionalism. We set challenging goals and execute well. Executive Committee – The Board of Directors constituted the Executive Committee for purposes of delegating to it such powers and functions as the Board may exercise, subject to limitations under applicable laws. Vision, Mission and Values | Jollibee Group Foundation. Jollibee Foundation launches the Farmer Entrepreneurship Program, which provides opportunities to small farmers to participate in JFC’s supply chain. But logos aren’t simply about products. As of September 30, 2019, Ownership Structure As a result, and with the help of various partners, thousands of people and families across the country have come to benefit from JGF’s programs – from smallholder farmers through FEP, to undernourished schoolchildren through BLT, and underprivileged youth through Project ACE. VisionTo become a leading professional services consultancy company in Serbia. In this annual report, Jollibee Foods Corporation features customer celebrations patronizing our products in and outside of our stores. The Company has other financial assets and liabilities such as other noncurrent assets and trade payables and other current liabilities which arise directly from its operations. The Company implements and upholds the following policies: In business dealings with outside parties, the Company takes steps toward ensuring that it is not subject to any actual or apparent conflict of interest. JFC seizes the dream of putting up each brand in interesting key locations across the globe, to delight the diverse palates of the international market. The people of Jollibee Group are ordinary people. It is truly unique. As of August 31, 2015. Nowadays most organizations build a strategic plan based on having a vision, mission, objectives, tactics and strategies included … We take part in creating exceptional customer experience. They are people in Jollibee Foods Corporation. The Company and its subsidiaries are all in the quick-service restaurant sector. The Company’s principal financial instruments comprise cash and cash equivalents and receivables. But these days, it’s a new kind of service that has the Company abuzz. 2019. September 7, 2018 – JFC Partners with Award-Winning Chef to Build Mexican Restaurant Business in U.S. August 14, 2018 – Financial results for the Second Quarter ended June 30, 2018, July 5, 2018 – Results of the 2018 Annual Stockholders Meeting and Organizational Meeting of the Board of Directors, May 9, 2018 – Financial results for the First Quarter ended March 31, 2018, May 8, 2018 – JFC to Invest in Buyer of Tim Ho Wan Master Franchise Holder for Asia Pacific, April 25, 2018 – JFC to Bring Pho24 to the Philippines, April 17, 2018 – JFC Completes Acquisition of Additional 45percent Share in Smashburger, April 11, 2018 – Press Release for 2017 Audited Financial Results for the year ended December 31, 2017, April 6, 2018 – Cash Dividend Declaration, February 13, 2018 – Financial results for the quarter and year ended December 31, 2017, February 13, 2018 – JFC to increase ownership of Smashburger to 85%, December 5, 2017 – Jollibee and Cargill Inaugurate Largest Poultry Processing Plant in The Philippines, November 10, 2017 – Cash Dividend Declaration, November 10, 2017 – Financial Results for the Third Quarter of 2017, November 2, 2017 – JFC Joint Venture Discontinues 12 Hotpot Operations to Focus on Larger Businesses in China, August 14, 2017 – Foreign Business Boosts JFC’s Sales and Profit Growth, June 30, 2017 – Election of Directors and Officers for year 2017 Appointment of Committee Members, May 12, 2017 – JFC’s Foreign Business Accelerates, Profit Rises by 10%, May 11, 2017 – Jollibee, Partner Move Closer to Vietnam IPO, April 5, 2017 – Cash Dividend Declaration, April 5, 2017 – JFC Reports 2016 Audited Financial, March 31, 2017 – Jollibee to enter Italy, March 14, 2017 -JFC Increases First Purchase Option in Smashburger from 35% to 45%, February 14, 2017 – Financial Results for the Quarter and Year Ended December 31, 2016, December 30, 2016 – JFC Completes Divestment of its Shareholdings in Subsidiary in China, December 23, 2016 – JFC Completes Divestment of its Shareholdings in Subsidiary in US, December 23, 2016 – Press Release for Completion of Divestment in ChowFun, December 15, 2016 – JFC to Divest Shareholdings in Subsidiary to Focus on Larger Businesses in US, December 12, 2016 – JFC to Divest Shareholdings in Subsidiary to Focus on Larger Businesses in China, November 23 2016 – JFC Acquires Remaining 30% in Food Manufacturing in China, November 18 2016 – Jollibee Partner to List Highlands Coffee in Vietnam Stock Exchange, November 16, 2016 – Financial Results for the Third Quarter of 2016, November 15, 2016 – Financial Results for the Third Quarter and Nine Months ended September 30, 2016, November 11, 2016 – Cash Dividend Declaration, August 9, 2016 – Financial Results for the Second Quarter and First Semester ended June 30, 2016, July 22, 2016 – Election of Directors and Officers for Year 2016; Appointment of Committee Members. The most endearing brand… At Jollibee Foods Corporation, we create and serve great tasting food. Teamwork. JFC is also committed to serve its host communities through socio-civic projects through the Jollibee Group Foundation. JFC seizes the dream of putting up each brand in interesting key locations across the globe, to delight the diverse palates of the international market. JFC builds the Jollibee Foods Processing commissary in China. We act as responsible stewards of the company. It has always been about great tasting food in a fun and wholesome place. Humility to Listen and Learn. For Jollibee Foods Corporation, this is one of the meanings of “growth”. Investor Relations Assistant Vice President A paradigm shift took place: corporate giving had now evolved into social partnership. ( Log Out /  Mission. Logos, and the brands they represent remind people of the brands’ promises. get_results (“SELECT post_content FROM “.$wpdb->posts.” WHERE ID = 525″); get_results (“SELECT post_content FROM ” . Although JFC’s commitment to corporate social responsibility was boosted by their involvement in these projects, Chairman of the Board Mr. Tony Tan Caktiong and the rest of the JFC leadership knew that to do lasting good, they had to organize their giving and make it more strategic. To serve great tasting food, bringing the joy of eating to everyone. JFC is chosen as the Most Admired Company in the Philippines by the Asian Wall Street Journal. Today, JFC operates more than 1,600 stores in the Philippines and 9 other countries with 8 brands: Jollibee, Chowking, Greenwich, Red Ribbon, Yonghe King, Delifrance, Chun Shui Tang and it’s latest addition Manong Pepe. Respect for the Individual. Capital includes equity attributable to equity holders of the Parent Company. Its franchisee profile is such that no single franchisee accounts for more than 5% of its total system wide sales. Jollibe Foods Corporation (JFC) continues to create lasting and memorable moments with family and friends as it shares the joy of eating locally and around the world. Join us in sharing joy to our communities. It declares cash dividends representing about one-third of its consolidated net income, a ratio that would still leave some additional cash for future acquisitions. Jollibee Foundation receives the 2011 Agora Award for Outstanding Achievement in Advocacy Marketing for their Busog, Lusog, Talino (BLT) school feeding program. JFC is cited as one of the leading companies in Asia by the Far Eastern Economic Review. Material Related Party Transactions Policy, Material Related Party Transactions Policy – October 22, 2019. To develop energy resources safely, profitably and responsibly to maximize value. Through concise and catchy taglines, we communicate to consumers the brands’ promise of high quality. When people look at our logos, what quickly comes to their minds? Teachers facilitate learning and constantly nurture every learner. To be the firm of choice for clients and top quality professionals. Their array of cuisines and flavors would also expand, giving them even more chances to serve a wider variety of food to other peoples in other places. The Parent Company and its subsidiaries (collectively referred to as “the Jollibee Group”) and affiliates are involved primarily in the development, operations and franchising of quick service restaurants (QSRs) under the trade names “Jollibee”, “Chowking”, “Greenwich”, “Red Ribbon”, “Yong He King”, “Hong Zhuang Yuan”, “Mang Inasal”, “Burger King”, “Highlands Coffee”, “Pho24”, “Hard Rock Cafe”, “Dunkin’ Donuts”, “Smashburger”, “Tim Ho Wan” and “Tortas Frontera”. In addition to statutorily required benefits, employees are provided with healthcare benefits. We treat our customers with sincere service and a warm smile. Our mission. As of October 31, 2015, Ownership Structure Risk management will provide the organization with the superior capabilities to identify, assess and manage the risks and enable the organization and its employees, at all levels, to better understand and manage risks. Abroad, it was operating 1,418 stores: Yonghe King (China) 323, Hong Zhuang Yuan (China) 45, Dunkin’ Donuts (China) 9, Jollibee 238 (Vietnam 118, Brunei 17, Hong Kong 8, Singapore 7, Macau 1, Malaysia 1, United States 37, Canada 4, Saudi Arabia 13, UAE 14, Qatar 7, Kuwait 6, Bahrain 1, Oman 1, Italy 1, United Kingdom 1, and Guam 1), Red Ribbon in the US 31, Chowking 47 (US 15, UAE 21, Qatar 4, Oman 2, Kuwait 3, and Saudi Arabia 2), Highlands Coffee 340 (Vietnam 297, and Philippines 43), PHO24 34 (Vietnam 18, Indonesia 16), Hard Rock Cafe 6 (Vietnam 2, Hong Kong 3, and Macau 1); and, Smashburger 345. The Company’s exposure to foreign currency risk arises from the Parent Company’s investments outside the Philippines, which are mainly in People’s Republic of China and United States of America. In this annual report, we feature our restaurants showing the different personalities of our brands. All our brands are trusted and well-loved, craved around the world: Renowned for consistently great tasting food. Jollibee Foods Corporation’s (“JFC” or the “Company”) core business is the development, operation and franchising of its quick-service restaurant brands. They provide dining experience in a place designed to delight in a way that is consistent with the brands’ character. Introduction 3 II. This meant taking the values, the system, the tools, and the years of experience that made Jollibee what it is today and sharing it with the people they most ascribe their very … Jollibee Foundation is renamed Jollibee Group Foundation. We invite our readers to take this journey with us, how we communicate the brands’ promise through effective marketing; and how we ensure that the brands’ promise is delivered always, and even betterthrough constant innovation and improvement in products, service and store design. Vision. Mr. Tony Tan Caktiong is named Global Filipino Executive of the Year at the Asia CEO Awards. More meaningfully for its employees’ they are celebrating 30 years of doing a fine job og enhancing customer celebrations! Credit risk is the risk that a customer or counterparty fails to fulfill its contractual obligations to the Company. The Company declares dividends on a semi-annual basis and upon approval by the Board of Directors. Everyday, 1.7 million people enjoy our great tasting food in our happy and fun restaurants. Honesty and Integrity. With its diverse variety of brands and food choices, JFC reaches a broad range of customers from different walks of life all over the word – truly spreading the joy of eating to everyone. Zara has been specializing in virtually all types of fashions including shoes, clothing, perfumes and other beauty wears, and numerous accessories since 1974. Vision and Mission. Jollibee Foundation builds the Jollibee-Gawad Kalinga village in Butuan City where 49 houses are constructed and given to families who used to live in flood-prone areas of the city. Change ), You are commenting using your Twitter account. ” WHERE ID = 516″); get_results (“SELECT post_content FROM ” . It’s called public service—service that goes beyond the Company’s interests and wholly focused on making a measurable difference in the lives of Filipinos. It has a great place for celebrations. Jollibee’s Vision, Mission and Values. As of September 30, 2020, Ownership Structure Vision: Lead and inspire Filipinos to create a better tomorrow. JOLLIBEE FOODS CORPORATION doing business under the name and style of Jollibee (formerly Jollibee Foods Corporation) was incorporated in the Philippines and registered with the Philippine Securities and Exchange Commission (SEC) on January 11, 1978. Our Mission, Vision, and Values. We shall be at the forefront of the leasing and financing industry in the Philippines and in the Asia Pacific Region. JFC completes its acquisition of 50% of SuperFoods Group, which owns and operates Highlands Coffee and Pho 24. The Jollibee Group has a cash dividend policy of declaring one-third of the Jollibee Group’s net income for the year as cash dividends. Jollibee Foundation’s projects are mainly in the categories of Education, Leadership Development, Livelihood, Environment … JFC completes its purchase of Hong Zhuang Yuan, a chain of restaurants located mostly in Beijing. People adapt foreign foods but change them to their tastes. Employee-Related Welfare and Benefits Policy. { Uncategorized }. The Company has likewise instituted a system of incentives to reward excellent performance in terms of FSC by stores. As such, it ensures that a system is in place which will enable all stakeholders: employees, vendors, franchisees, suppliers and other external stakeholders, to submit reports, complaints, or any other information regarding any fraudulent, illicit or unethical activity in an anonymous and confidential manner, without fear of reprisal. As of September 30, 2016, Ownership Structure Nov. 17, 2020. 2012 – Branding great taste.How do you brand great taste?A brand is like a person. It can be formal or playful, aged or young, traditional or modern, elaborate or simple. (and the Filipino will be admired worldwide). Administrators … Jollibee launches #8-7000, its one number, nationwide delivery hotline. T wenty nine years a er J ollibee was founded, Jollibee . Jollibee Foods Corporation (JFC) understands this and strives to make each dining moment a delightful experience. Branding is about creating that identity. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Jollibee’s common stock is listed and traded on the Philippine Stock Exchange with the ticker symbol “JFC”. It does so with distinctive style! OUR MISSION: To provide goods and vital services well within the reach of every Filipino, making every day … Mission and Vision Our vision. Chairman & CEO Tony Tan Caktiong is named the Ernst & Young’s 2004 WORLD Entrepreneur of the Company would money... July 13, jfc shares sell for Php 20.00/share – a windfall of more than 135.... Becoming an indispensable part of our urban environment Award winner of the meanings of “ growth ” many countries laws. Award under the Concern for Health category for its employees’ they are celebrating 30 years of doing a job... Cornerstone instilled in every employee and manager jollibee mission and vision Out / Change ), are! 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