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Analysis

Maruha Nichiro hit by raw material price hikes at home as ‘overseas’ profit surges

High prices for raw material for its Japanese units, rooted in the strong dollar and weak yen, saw Maruha Nichiro’s operating income for the first three quarters decline 21%

By Tom Seaman | Feb. 3, 2015 09:45 GMT
Maruha Nichiro’s overseas profit growth offsets loss in Japan processing
Maruha Nichiro at Seafood Expo Europe 2014. Photo: Miriam Okarimia/ Undercurrent News
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