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Move over rice and fish. Granola with yogurt could be the new breakfast of champions for modern Japan.

Calbee Inc., Japan’s biggest seller of potato chips, is considering buying yogurt makers or food companies as part of its plan to diversify from its snacks-making business, Chief Executive Officer Akira Matsumoto said in an interview. The company is prepared to spend as much as ¥30 billion on acquisitions to add to its snacks and cereal businesses.

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