Megmilk Snow Brand Co Ltd - Company Profile
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Business Description
Megmilk Snow Brand Co Ltd (Megmilk Snow Brand) is a producer and marketer of dairy products. The company sells its products in the domestic and international markets, including Australia, Hong Kong, Malaysia, Indonesia, China, Singapore, Taiwan, and the US.
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R&D Overview
Megmilk Snow Brand’s R&D activities include Milk Science Research Institute, the Product Development Department, and the Research & Development Planning Department. Its Milk Science Research Institute operations include three research centers such as the Saitama Development Center, Cheese Research Laboratory in Yamanashi, and Sapporo Research Laboratory in Hokkaido, Japan. The company through its laboratories, research on the health functions of lactic acid bacteria and milk components, milk and dairy product flavor and texture, processing technology for dairy products such as cheese, butter, and powdered milk, research on containers and packaging, and takeover of production method for natural cheese. In FY2023, the company incurred expenses of JPY4,548 million on R&D, which as a percentage of revenue, stood at 0.7%.
Business Segments
Overview
Involved in the manufacturing of drinking milk, yogurt, fruit juice beverages, and desserts.
Performance
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Overview
Produces and sells milk, cheese, butter, powdered milk, infant formula, functional foods, margarine, and other products.
Performance
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Overview
Manufactures and sells cattle feed, pasture forage/crop, vegetable seeds, landscaping, and other products.
Performance
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Overview
Involved in real estate rental, joint distribution center services, and other businesses.
Performance
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