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Towa Recovers Domestically On The Back Of New Launches

But Company Warns It Might See Slight Delays In Product Development

Executive Summary

Japan’s Towa saw 4.6% growth in domestic sales in the first nine months of FY21, on the back of new launches, as the coronavirus pandemic had only a “minor” effect on its business. But while the firm’s launch schedule for new products remains unaffected so far, the company pointed out that there may be slight delays in product development plans going ahead.

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