Achieved operating income revised in August (JPY 38.9 billion), though decrease in sales and operating income YoY
Breakdown
• Decrease in sales of functional yogurt and chocolate, highly profitable products – negative impact to domestic subsidiaries
• Decrease in SG&A in Q2
• Decrease in raw materials cost
• Increase in operating income for overseas business, sales increased steadily in China
Achieved operating income revised in August (JPY 38.9 billion), though decrease in sales and operating income YoY
Breakdown
• Decrease in sales of functional yogurt and chocolate, highly profitable products – negative impact to domestic subsidiaries
• Decrease in SG&A in Q2
• Decrease in raw materials cost
• Increase in operating income for overseas business, sales increased steadily in China