Japanese meat company Nippon Meat Packers has said that it does not have any immediate plans to revise its earnings estimate despite a recent sales trend that indicates that it may avoid losses for the financial year to March.

Nippon Meat said its sales in the October to December period were stronger than expected but it would continue to monitor sales performance before considering a change to its earnings estimate.

The company’s current forecast is for a net loss of ¥1bn (US$8.5m) on sales of ¥900bn for the year to March, a loss that has been attributed to the effects of a meat-labelling scandal last year, reported Dow Jones International News.