Meiji Holdings formed
Meiji Holdings was launched recently with Meiji Dairies and confectionary maker Meiji Seika Kaisha under its wing.
The new company with annual sales of more than one trillion yen ($0.0099 million) is equivalent to Ajinomoto and is listed on the First Section of the Tokyo Stock Exchange.
The new group is projecting a consolidated net profit of 11 billion yen on sales of 1.14 trillion yen for the year ending March 2010.
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