Business Dec 31, 2019

Nestle wraps up share buyback and cooks up another

Swiss food giant Nestle wrapped up Monday a huge share buyback program launched in 2017, and confirmed another is imminent as it pursues a shake-up of its vast brand portfolio. A Nestle statement said the group had completed a share buyback program worth €20 billion ...

Business Jul 24, 2014

Nestle Japan to leave industry groups over product description

Nestle Japan Ltd. said it will withdraw from several domestic coffee industry associations, including the Japanese coffee fair trade conference, citing disagreements over the description of its products. Nestle Japan said Wednesday it has started to call its instant coffee products "regular soluble coffee," but ...

Nestle takes aim at Japan market as demand for coffee rises

National Jun 17, 2014

Nestle takes aim at Japan market as demand for coffee rises

by Mie Sakamoto

The domestic coffee market hit a record high last year, with consumption reaching 446,392 tons, according to the All Japan Coffee Association. "Coffee was originally thought a social drink to be consumed at coffee shops," said Toyohide Nishino, the association's executive director. "But the trend ...

Food delivery services for offices up

Business Feb 6, 2013

Food delivery services for offices up

by Shinichi Tokuda

With workloads at offices growing as a result of job cuts amid the weak economy, food service companies are seeking to capitalize on an increasing need among workers to use time and money efficiently. Yasuhiro Yamamoto, a 46-year-old who runs a management consulting business, is ...