Riken Vitamin Co., Ltd. Provides Earnings Guidance for the Year Ending March 2022
June 03, 2021 at 09:00 pm
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Riken Vitamin Co., Ltd. provided earnings guidance for the year ending March 2022. The company forecasts overall net sales at JPY 75 billion, operating profit at JPY 4 billion and profit attributable to owners of parent at JPY 2.8 billion, which will turn around from the loss in the previous year.
RIKEN VITAMIN CO., LTD. is a Japan-based food processing company. The Company operates its business through three segments. The Domestic Food segment is primarily engaged in the manufacture and sale of household food products, commercial food products and raw materials for food processing, including seaweed products, dressings, food extracts and seasonings, food improving agents, vitamin and health food. The Domestic Chemicals and Others segment is mainly engaged in the manufacture and sale of chemical improving agents and animal feed additives. The Overseas segment is mainly engaged in the manufacture and sale of improving agents for food and chemical products, as well as processed marine products and frozen vegetables. The Company distributes its products in Japan, Southeast Asia, South Asia, the Middle East, Oceania, Europe, Africa, the North America, Latin America, China, Taiwan and South Korea, among others.
RIKEN VITAMIN CO., LTD. 