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

In a regulatory filing today (30 January), Yakult revealed group-wide sales, including the contribution of Yakult’s pharmaceuticals business, rose 6% to JPY279.9bn in the three month period.

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Like many Japanese food firms, Yakult is growing its international businesses to offset sluggish domestic consumption. Revenue generated overseas by Yakult’s food business climbed 20% to JPY105.97bn. Domestic food sales edged up, rising to JPY153bn from JPY152bn in the year-ago period.

Operating profit was up 15.9% to JPY29.49bn on stronger margins. Net profit rose 16.2% to JPY21.55bn.

Click here to view the statement.

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