In today’s briefing:
- Major Japan Wholesalers up 2.8% in 2021, but Problems Looming
Major Japan Wholesalers up 2.8% in 2021, but Problems Looming
- Major wholesalers in food, pharmaceuticals and books continue to prosper due to their role in both serving and protecting fragmented distribution channels.
- Profits returned last year as clients picked themselves up after Covid, but as inflation sets in, these middlemen are being squeezed by both manufacturers and retailers and profits may slump.
- They now need to offer an ever increasing array of value-added services to continue to grow and not all have the capability. More M&A may be on the cards.
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