JAPAN: Morinaga Milk shares topple after frog is found in pudding
Shares in Morinaga Milk , the Japanese dairy and food producer, plummeted briefly on the Tokyo Stock Exchange this morning [Thursday] after a frog was discovered in one of its puddings. The pudding had been produced by the Morinaga subsidiary in Niigata Prefecture. Shares in the company fell by ¥22 (US$0.19) to ¥308. A stockbroker commented that the incident reminded investors of the food poisoning crisis that hit
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- just-food 2017 Survey - your thoughts on growth
- 2017 - what will shape the UK food sector?
- Food market in 2017: need-to-know US trends
- Could BRF's Turkey move pave way for OneFoods IPO?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Ferrero insists Nutella not pulled from shelves
- Lindt sees FY sales acceleration on Europe growth
- Kellogg names Fareed Khan as incoming CFO