Nichi-Iko’s Operating Profit Slumps More Than 85% As Price Revisions Bite

Revenues Also Down Following Latest Revisions

Japan’s Nichi-Iko saw its bottom line take a hammering in the six months to 30 September, as a number of its products had their prices cut following revisions to the National Health Insurance program.

Japan
The latest price revisions of the NHI prices were conducted in April. • Source: Shutterstock

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