Meiji Holdings Co Ltd
2269: XTKS (JPN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥5,625.00 | Jpjmln | Jtvqvfrx |
Functional Food Demand Driven by Rising Health Awareness Fueling Meiji’s Long-Term Growth
Business Strategy and Outlook
Margin expansion through growth in value-added health foods and an enlarged overseas sales scale will continue to serve as a key driving force behind Meiji’s midterm growth. Meiji’s efforts to raise profitability through growth in premium functional foods, rationalization of its product portfolio, and cost-cutting initiatives have borne fruit, with margins expanding since bottoming in fiscal 2011. Yet the pace of margin expansion has been slowing.