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Danone to cut stake in probiotics drink firm Yakult from 21% to 7%

14 Feb 2018

French dairy giant Danone plans to reduce its 21.29% stake in Japanese probiotic drinks firm Yakult Honsha Co. to 7% as part of its continued "focus on disciplined capital allocation''.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Yakult to build new China plant to meet rising demand

25 Jul 2017

Yakult will start building its third plant in China this month, with production of the Japanese company's namesake probiotic drink slated to begin in March 2019.

Yakult books higher FY earnings, sets goals for next three years

16 May 2017

Japanese probiotics group Yakult has reported its annual results - including lower sales but higher earnings - and outlined its revenue and operating profit targets for the next three years.

Yakult cuts FY sales, profit forecasts

11 Nov 2016

Japanese probiotics group Yakult has lowered its forecasts for annual sales and earnings after seeing its top and bottom lines worsen in the first six months of the financial year amid pressure from exchange rates.

Yakult announces fall in Q1 profits

1 Aug 2016

Japanese probiotics group Yakult has reported a 28.3% fall in profits for the first quarter of its 2017 financial year amid falling sales.

Yakult plans plant in Myanmar

16 May 2016

Yakult plans to launch a production facility on the outskirts of Myanmar's commercial capital Yangon by next year.

Yakult FY buoyed by Asia, Oceania

10 May 2016

Yakult, the Japanese probiotics group, has reported higher annual sales and earnings, driven by growth in Asia and Oceania.

Yakult rides overseas growth

1 Feb 2016

Yakult has reported higher nine-month profits as an increase in overseas sales offset a decline at home.

Yakult sales, profits grow on international expansion

13 Nov 2015

Yakult has announced an increase in first-half sales and profits, helped by its businesses outside Japan.

Indonesia dairy - a challenging "dark horse"

2 Nov 2015

Indonesia's dairy market has enjoyed solid expansion in the last decade. With China's economy cooling, more attention is being paid to other markets in south-east Asia, suggesting Indonesia could become of growing interest. However, the country has seen its own economic slowdown and its dairy sector has a series of significant challenges to surmount. Dean Best reports.

Food industry results in brief - Yakult, Pilgrim's Pride, Lala

31 Jul 2015

The results announced this week included improving sales and profits at Yakult, better earnings but lower sales at US poultry group Pilgrim's Pride and growth at Mexican dairy processor Grupo Lala.

Danone, Yakult India JV to up capacity

24 Jul 2015

The Indian venture between Danone and Yakult is expanding its production capacity of probiotic fermented milk in response to rising demand.

BRICs and beyond: Has Yoplait adopted the best expansion strategy in China?

12 Jun 2015

The move from General Mills and Sodiaal to expand Yoplait into China is a significant step for the yoghurt brand. The potential of the Chinese yoghurt market and its growth profile makes it a tempting prize for any yoghurt manufacturer. But, Katy Askew asks, have General Mills and Sodiaal taken the best route to expansion in the market?

Briefing: Latin America and dairy - Optimism in Brazil despite slowdown

18 May 2015

Brazil's economy slowed sharply in 2014 and is forecast to fall into recession this year. What impact could this have on dairy consumption in the country? Paula Krizanovic investigates.

Yakult sales rise on international expansion

30 Jan 2015

Japanese probiotics company Yakult booked an increase in third-quarter sales and earnings driven by strong overseas growth.

Briefing: 2015 preview: Asia to see slowing China, buoyant SE Asia

2 Jan 2015

The - relatively speaking - sluggishness of the Chinese economy has been a subject of debate in recent months and the country looks set to see GDP growth slow in 2015, which will only intensify competition in an already tough market. However, the prospects for India look brighter and a number of countries in south-east Asia offer opportunities. Dean Best reports.

Food industry quotes of the week: Asda, Kerry Group, Greencore

1 Dec 2014

The much-awaited campylobacter tests on supermarket chicken in the UK were published this week. On the mergers and acquisitions side, Abraaj raised its bid yet again for Bisco Misr. Conversely, Danone was reported to be mulling a sale of its shares in the Yakult business and Kerry Group was reportedly looking to offload its frozen ready-meals arm in the UK. Meanwhile, Ireland's Greencore published some strong annual results. Here is the week in quotes.

Danone "mulls Yakult stake sale"

26 Nov 2014

Danone is reportedly weighing up whether to sell its 20% stake in Japanese group Yakult.

Yakult to expand Indonesia plant to meet demand

12 Nov 2014

The Indonesian unit of Japanese probiotic drinks giant Yakult has confirmed it will expand its production facility in East Java to meet growing demand in the country.

Yakult ups sales, earnings forecasts

7 Nov 2014

Yakult has lifted its forecasts for annual sales and earnings after an increase in revenue and profits in the Japanese group's second quarter.

Dairy in India: Growing interest but no quick win for multinationals

30 Sep 2014

India is the world's largest raw milk producer and one of the biggest global markets for dairy products. While the participation of international dairies remains relatively low in the country, interest is increasing. Continued rapid demand growth presents a challenge and an opportunity for multinationals stepping up their operations in India - and the growing presence of foreign firms bodes well for the health of the sector itself. Katy Askew reports.

Dairy in India: How can exporters crack the market?

30 Sep 2014

Overseas dairy companies talk of the potential India can offer their business but the market remains challenging, not least when looking at its supply chain and infrastructure. However, there are ways international dairy players can gain a foothold in India's promising dairy sector.

Timeline: Danone under Franck Riboud

3 Sep 2014

Franck Riboud is to step down as CEO of Danone after 18 years at the helm of the French food giant. just-food takes a look at the highs and lows of Riboud's tenure.

Japan and growth: The expansionist agenda of Japan's food majors

13 Aug 2014

Demographic shifts within Japan - notably shrinking consumption due to an aging population and declining birthrate - have forced the Japanese food sector to look outward for growth. Katy Askew surveys some of the country's biggest food exporters and the strategies they are employing to grow overseas.

US: Yakult establishes California production plant

21 May 2014

Japanese probiotics group Yakult has established its first US manufacturing facility in Fountain Valley, California.

UK: ASA bans Yakult ad on health claims

15 May 2013

A TV ad for Yakult yoghurt drink has been banned by the UK's advertising watchdog for implying health benefits that were not supported by an approved health claim.

JAPAN: Danone, Yakult Honsha end strategic alliance

26 Apr 2013

Danone and Japanese probiotic drinks group Yakult Honsha have ended a long-standing alliance and replaced it with a looser "cooperation framework".

FRANCE/JAPAN: Danone will not go hostile on Yakult

6 Feb 2013

Danone has confirmed it will not make a hostile move to up its stake in Japanese probiotic drinks group Yakult Honsha.

JAPAN: Yakult to quit Argentina

19 Dec 2012

Yakult Honsha is set to exit Argentina after failing to achieve a profit in the country.

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