Japanese seasonings maker S&B Foods has said it will withdraw from the snack food business, possibly by the end of September.
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S&B plans to stop producing crisps and other snack foods as part of efforts to focus on its core spice and seasoning business.
S&B, which entered the snack business in 1977, said sales of its snack foods have declined in recent years.
In the year to March 2003, snack food sales totalled ¥2bn (US$17.1m), accounting for 2% of the company’s total sales.
S&B said the withdrawal from the snacks business would not affect earnings for the current year to March 2004, reported Jiji Press.
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