ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Articles

Japan's House Foods seen cooking up 24% profit gain

A new line of pouched curry has helped drive earnings.

TOKYO -- House Foods Group's operating profit apparently climbed 24% for the April-September half, far exceeding expectations of a 1% dip as sales of curry products in Japan bounced back from price hikes last year.

The Japanese food producer likely logged around 5 billion yen ($48.3 million) in profit for the half, beating guidance of 4 billion yen. Sales apparently climbed 25% to around 140 billion yen, 2.3 billion yen shy of projections.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more