Meito Sangyo Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 12, 2023 at 04:20 am EDT
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Meito Sangyo Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 22,727 million. Net income was JPY 700 million.
Basic earnings per share from continuing operations was JPY 41.47.
Meito Sangyo Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of food and chemical products, as well as the real estate business. The Company operates through three business segments. The Food segment manufactures and sells chocolate, powdered beverages, baumkuchen, jelly, ice cream, candy, cakes, nutritional foods, and others. The Chemicals segment includes rennet (coagulant for cheese), lipase (lipolytic enzyme), dextran (plasma expander, blood flow improver and others), fragrance (food additive), dextran sulfate (hyperlipidemia) Dextran magnetite (MRI contrast agent, medical equipment materials and others), mixed feed, dextran iron (animal drug), among others. The Real Estate segment in involved in the management of golf courses and the leasing of real estate.
MEITO SANGYO CO., LTD. 
