Japanese food and beverage group Yakult is to set up another production facility in one of the company’s important overseas markets.

The company is to construct its seventh factory in China, state news agency Xinhua has reported.

Yakult conducted the signing ceremony to rubber-stamp the plans for the plant, which will be in the eastern Chinese city of Wuxi. The business already has a production facility, its largest in China, in the city, which is located in Jiangsu Province.

Construction of the new factory will start in August, with the plant scheduled to be up and running in 2022, Xinhua reported.

Yakult started production in China in 2002. The company’s other factories in the country are in Shanghai, Tianjin and Foshan.

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.

See Also:

The group’s financial year runs to the end of March. The most recent set of results Yakult has issued were for the nine months to the end of December 2019, when the company’s sales in China rose 1.1% to JPY8.16bn (US$76.1m). Overall, Yakult’s sales during the period dipped 0.7% to JPY312.9bn.