Scandal-ridden Snow Brand Food (SBF) is “no longer a company”, according to Takashi Imai, chairman of the Federation of Economic Organizations (Keidanren).

Imai’s criticisms of SBF came yesterday [Thursday] in response to last week’s revelations that the meat processing company was engaged in a fraudulent labeling scam designed to take advantage of a government subsidies introduced after BSE was found in the national herd.

Speaking at a press conference, Imai insisted that SBF “should be disbanded and restarted from scratch.

“The problem concerns not only consumer safety,” he added: “The company also tried to cheat the public and trick taxpayers out of their money. That is not a businessman’s attitude.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.