Miso is looking forward to Japan's recovery in the fall, growing the growth rate of amino acids overseas development

Masatoshi Ito, CEO of Japanese food and ingredient maker Saething, expects a big recovery in the fall after the March earthquake and tsunami.In an interview with Dow Jones Newswires, Ito said Japan's economy has overcome the economic crisis of the collapse of Lehman Brothers in 2008 and is beginning to recoverHe said that although Japan's infrastructure was being restored by the earthquake, the final impact was not goodSales in consumer goods, in particular, were stable in April-May, and while it is certain that some sectors of the industry have been particularly affected by the earthquake, we believe that most of the economy will recover during the summerprice spendingIto also said that as companies recover from higher prices for certain products due to rising commodity costs, they will increase the prices of certain products in overseas markets because for the first time Japanese customers have no growth in demandThe company expects $130 million this year, down $70 million from last year, as raw material prices riseIn May, Tokyo's net profit jumped 83 per cent to Y3.04 bn for the year to March 31It was boosted by sales of processed products and flavored seasoningsStrong sales of animal additive amino acids have boosted profits from increased demand from China and its new economiesexpanded acquisitions, the world's largest manufacturer of amino acids used in animal feed and pharmaceuticals, is also targeting overseas acquisitions and partnerships to increase his global profile"The Japanese market is very depressed, so we want to use Japanese technology and experience to expand the global market, " Ito saidThis will take time, but we believe that once we build our foundations, development will be rapidto increase production, the plant will invest $16.2 million in the Shanghai production plant to approximately double the annual production capacity of 2,500 tons, scheduled to be completed in October 2014Expanding production plants in Shanghai will enhance the ability of miso to supply amino acid demand for pharmaceuticals and food Masatoshi Ito, CEO of Japanese food and ingredient maker Miso, expects a big recovery in the fall after the March earthquake and tsunami.　　In an interview with Dow Jones Newswires, Ito said Japan's economy has overcome the economic crisis of the collapse of Lehman Brothers in 2008 and is beginning to recover He said that although Japan's infrastructure was being restored by the earthquake, the final impact was not good Sales in consumer goods, in particular, were stable in April-May, and while it is certain that some sectors of the industry have been particularly affected by the earthquake, we believe that most of the economy will recover during the summer price spending Ito also said that as companies recover from higher prices for certain products due to rising commodity costs, they will increase the prices of certain products in overseas markets because for the first time Japanese customers have no growth in demand The company expects $130 million this year, down $70 million from last year, as raw material prices rise In May, Tokyo's net profit jumped 83 per cent to Y3.04 bn for the year to March 31 It was boosted by sales of processed products and flavored seasonings Strong sales of animal additive amino acids have boosted profits from increased demand from China and its new economies expanded acquisitions , the world's largest manufacturer of amino acids used in animal feed and pharmaceuticals, is also targeting overseas acquisitions and partnerships to increase his global profile "The Japanese market is very depressed, so we want to use Japanese technology and experience to expand the global market, " Ito said This will take time, but we believe that once we build our foundations, development will be rapid to increase production , the plant will invest $16.2 million in the Shanghai production plant to approximately double the annual production capacity of 2,500 tons, scheduled to be completed in October 2014 Expanding production plants in Shanghai will enhance the ability of miso to supply amino acid demand for pharmaceuticals and food (name)