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Yakult cuts FY sales, profit forecasts

Yakult cuts FY sales, profit forecasts

Japanese probiotics group Yakult has lowered its forecasts for annual sales and earnings after seeing its top and bottom lines worsen in the first six months of the financial year amid pressure from exchange rates.

Yakult plans plant in Myanmar

Yakult plans to launch a production facility on the outskirts of Myanmar's commercial capital Yangon by next year. The Japanese group has already set up a subsidiary in Myanmar, where it wants…

Yakult FY buoyed by Asia, Oceania

Yakult, the Japanese probiotics group, has reported higher annual sales and earnings, driven by growth in Asia and Oceania. Net income rose 15.1% to JPY28.84bn (US$264m) in the year to…

Danone, Yakult India JV to up capacity

The Indian venture between Danone and Yakult is expanding its production capacity of probiotic fermented milk in response to rising demand. "Indian consumers are increasingly becoming health conscious and the…