Japan’s Yakult Honsha Co. said foreign exchange hit profits in the second quarter of its fiscal year.
In the three months to the end of September, net profit slid 13.4% to JPY5.9bn (US$74.3m). Operating profit fell 17.8% to JPY9.3bn.
Go deeper with GlobalData
Net sales, however, climbed 1.2% to reach JPY160.3bn.
Yakult, meanwhile, is busy expanding its presence in emerging markets and this week confirmed it will build a fourth plant in China.
