JAPAN: Two food companies file for court protection
Two Japanese food companies revealed today [Thursday] that they have filed for court protection from creditors. Japan's KB Co , a producer of frozen foods, posted group debts of ¥9.99bn (US$75.54m) at the end of November. Meanwhile, Kitanokazoku Co , an operator of Japanese style taverns, revealed debts of ¥11.6bn. The firm insisted however that it will continue day-to-day operations, and that unlisted hotel and restaurant operator,
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
- US food next wave on display at Winter Fancy Food
- How General Mills plans to grow - CAGNY
- Comment: Meal kits in US - don't believe the hype
- CAGNY analysis: Danone's growth strategy
- Wessanen eyes growth in "resurgent" organic market
- Unilever launches operational review
- Glanbia focuses on nutrition with Irish dairy spin
- Bonduelle to buy US produce group Ready Pac Foods
- Mondelez launches savoury snacks brand Vea
- Maple Leaf buys US plant-based group Lightlife