Meiji takes 113% hit to confectionery operating income
date:Aug 15, 2012
tly after the Japanese Earthquake last year, but had declined during the quarter just ended.

In chocolate, the firms Galbo brand and nut products, such as Almond Chocolate sold well, however these positives were not enough to offset an overall decline in one of Meiji leading product lines called Milk Chocolate.

Shrinking gum market

The company added that the chewing gum market had been shrinking and it had experienced sales declines as a result.

The diminishing gum market was noted by Kraft
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