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Takasago Releases Q3 2018 Financial Results

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Takasago International Corporation has announced its Q3 2018 financial results.

The company reported overall net sales of ¥114,465 million, up 7.9% over the previous year. Its financial year will close March 31, 2019.

Flavors

Net sales: ¥69,568 million, up 9.7%

The growth was attributed to sales increases of vanilla-related products in the Germany subsidiary.

Fragrance

Net sales: ¥29,584 million, a 3.6% increase

The segment’s growth was driven by the performance of fragrance products in the French subsidiary.

Aroma Ingredients

Net sales: ¥9,780 million, a 17.6% increase

Menthol, influenced by its tight supply and price increase in the market, carried the segment.

By Region

Japan: ¥51,439 million, up 3.3%

Americas: ¥24,710 million, a 5.7% increase

Europe: ¥24,710 million, a 20.3% increase

Asia: ¥18,450 million, up 12.9%