SINGAPORE (Mar 8): RHB Research is staying “neutral” on Japan Foods with a lowered target price of 45 cents from 48 cents previously. In FY19, the group is expected to see profits dragged lower due to its ongoing rationalisation of stores and moderating consumer discretionary spending amid slow...

SINGAPORE (Jan 30): Restaurant chain Japan Foods Holding saw its earnings halved to $1.2 million for the 3Q19 ended December, from $2.5 million a year ago. This was mainly due to lower revenue as well as impact from its loyalty programme, JF Reward. 3Q19 revenue fell 6.3% to $17.5 million, compared...