Companies / Japan
Suntory Sets Sights On Global Health Supplements Market
May 2008 | Company Finance AlertJapanese drinks giant Suntory has confirmed a JPY6bn (US$57.4mn) investment in South East Asia to expand its presence in the growing global health supplements market. The funds, which will be primarily directed towards Thailand and Malaysia, will aim to boost Suntory's international health supplement sales from JPY29.5bn at present to JPY50bn (US$478.5mn) by 2010. However, the investment is part of a wider strategy of reducing dependence on the mature Japanese market; to 2010, Suntory is attempting to lift its international sales to JPY400bn (US$3.8bn), from JPY200bn in
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