date:Aug 15, 2012
in its recent Q2 results (See HERE).
Meiji said that it had already taken steps to combat the faltering gum market by renewing its Xylish gum series in June this year.
Confectionery outlook
The firm expects its confectionery fortunes to pick up in the next quarter and for the full year.
It has forecast full year confectionery sales of $3.8bn (JPY 297.4bn) up 1.4% and operating income of $70m (JPY5.5bn), a 7.7% rise.