Meiji Holdings Co (JP:2269) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Meiji Holdings Co. announces the construction of a new plant in Atsugi, Kanagawa, aiming to transform its dairy operations into a sustainable business model. The new facility will focus on yogurt production with advanced technology to extend product shelf life and reduce environmental impact, targeting zero CO2 emissions. This overhaul includes shutting down three older plants and moving production to the new plant, which represents an investment of approximately JPY 40 billion and is expected to yield an annual production value of JPY 35 billion.
For further insights into JP:2269 stock, check out TipRanks’ Stock Analysis page.
