Expansion opportunities overseas and growing consumer preference for authentic and unique food choices globally, has led to conveyor-belt sushi chains, Genki Sushi and Akindo Sushiro, merging as they plan to go global. Slow projected spending on restaurants and foodservices and low wage growth in Japan has further prompted the sushi chains to look beyond the domestic market for growth.
Japan Tobacco's drop in revenue and cigarette volume sales in H117 has pushed the company to expand into emerging Asian markets, like the Philippines and Indonesia. Indonesia has long been our top pick for tobacco sales growth and believe that it will continue to witness high growth in tobacco spending between 2017 and 2021. We believe there are further opportunities for tobacco uptake in...
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Thanks, BMI Research