The report goes on to say that Sapporo, Japan’s fourth largest beer maker, is also considering forming a three-way business alliance with Meiji Holdings Co, which has about a 22% stake in Pokka, in product development and distribution.
The move is likely to trigger more realignment in the Japanese food and beverage industry, which suffers from dwindling growth opportunities on the back of Japan’s ageing population and declining birth rate.
Source: Japan Today
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