H1: Increased both in sales and income
• Expect significant growth
• Grew added value products – improved product mix
▸ Confectionary: Favorable – Meltykiss and nuts chocolate
▸ Ice cream: Launched new chocolate covered products
▸ Chilled milk: Accelerating growth, increased production capacity
- contribute sales in Q4
▸ Yogurt: Straggled in H1, Revamp products and activate sales in H2
• Overall sales were mostly unchanged
▸ Favorable – Meiji brand chocolate snacks
▸ Need to increase profitability for Stauffer products
- Price increase
Majority of sales comes from Stauffer products such as Animal Crackers
- Increase income
H1: Increased both in sales and income
Results of China and the U.S. on a local currency basisChina
• Expect significant growth
• Grew added value products – improved product mix
▸ Confectionary: Favorable – Meltykiss and nuts chocolate
▸ Ice cream: Launched new chocolate covered products
▸ Chilled milk: Accelerating growth, increased production capacity
- contribute sales in Q4
▸ Yogurt: Straggled in H1, Revamp products and activate sales in H2
The U.S.• Overall sales were mostly unchanged
▸ Favorable – Meiji brand chocolate snacks
▸ Need to increase profitability for Stauffer products
- Price increase
Majority of sales comes from Stauffer products such as Animal Crackers
- Increase income