Japan's day, wrapped and delivered by morning.
Latest Tokyo Brief coverage on Kewpie Corporation, tracking filings, financial news, and market signals from Japan.
TSE:2809
Operating income at the Japanese food group rose 24% to ¥20.02bn, but net profit fell to ¥13.21bn because a ¥12.07bn gain from selling assets a year earlier shrank to just ¥22mn this time.
Kewpie's domestic operating margin jumped to 7.7% on price increases and a cheaper egg benchmark, but overseas operating profit fell 13% on Americas softness and new-factory depreciation, even as full-year guidance stayed unchanged.