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Market Chatter: Shiruko Sand Snacks Parent Plans Overseas Expansion, Eyes Flagship Store in Singapore

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Matsunaga Seika is eyeing an expansion in Japan and overseas, Nikkei Asia reported on Thursday.

The maker of Shiruko Sand confectionery targets sales of 10 billion yen in 2032, 2 billion yen of which is expected to come from overseas, the report said.

The Japanese company also aims to make Singapore the hub for its push in Southeast Asia, with plans to open a directly operated store in the city-state by around 2028, the news site reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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