Kagome, a Japanese producer of tomato-based processed foods, said
on Friday that it will purchase a lactic beverage maker from Snow
Brand Milk Products while studying a plan to invest in the
struggling dairy product manufacturer,...
The Japanese consumer, still reeling from the Snow Brand scandal
surrounding the mislabelling of beef, suffered a further shock this
week when Japan's number-three meat wholesaler, Starzen Co.,
admitted to falsely labelling cheaper...
Japanese meat processor Snow Brand Food has announced plans to
liquidate its operations by late April as sales continue to plunge
following recent labelling scandals.
Shares in Japan's scandal-racked Snow Brand Milk Products Co soared
in Tuesday trade after a weekend report that the company might form
an alliance with three domestic dairy operators.
Snow Brand Food Co Ltd said on Wednesday it falsely claimed 13.8
tonnes of Australian beef was Japanese when it made a 280-tonne
sale to a government-subsidised industry group.