share_log

明治控股回应在华营业亏损:将通过合理售价重振业务,完全没考虑缩减中国工厂

Meiji Holdings responds to operating losses in China: will revitalize the Business through reasonable pricing, and has not considered reducing factories in China.

Breakings ·  Dec 31, 2024 08:37

Meiji Holdings President Kawamura Kazuo stated in an interview that the company's goal is to increase the proportion of overseas sales from the current 10% to 30% by the fiscal year 2030, planning to expand four major categories of 'milk and yogurt', 'snacks', 'milk powder and nutritional foods', and 'commercial foods' to more regions overseas. Instead of entering regions where business has not yet started, the plan is to expand in regions where business has already begun. From April to September of this year, Meiji Holdings recorded an operating loss of 4.6 billion yen in its CHINA FOODS Business. Kawamura Kazuo expressed that due to the impact of competitors' Low Stock Price sales, it is 'very difficult to gain profits', but the sales of the snack Business in China continue to grow, and profits are stable. Regarding the fresh food Business, 'in the short term, we will prioritize profits over sales, revitalizing the Business through reasonable sales prices rather than blindly pursuing quantity, and currently, there is no consideration of reducing factories at all.'

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment