NH Foods Ltd. manufactures and sells processed meats and cooked foods in Japan and internationally. Its Processed Foods Business division offers hams and sausages primarily under the SCHAU ESSEN and Utsukushi-no-Kuni brands; and deli and processed foods primarily under the Chuka Meisai and Ishigama Kobo brand names. The company's Fresh Meats Business division is involved in the production and raising, slaughtering, processing, distribution, and sale of fresh meat products. Its Affiliated Business division produces and sells marine products and dairy products. This segment procures, processes, produces, and sells marine products, such as seafood salads, Chinese jellyfish, and other delicacies, as well as mackerels to supermarkets, restaurants, and other customers; and offers cheese products under the ROLF brand name to bakeries, confectionary makers, and convenience store chains, as well as yogurt and lactic acid probiotic beverages under the Luna brand name. NH Foods Ltd. also engages in the provision of freeze-dried foods, meat extracts, and health foods; and information, accounting, personnel system design, human resource development, welfare programs, and architectural design services, as well as trading and sports activities. The company was formerly known as Nippon Meat Packers Inc. and changed its name to NH Foods Ltd. in June 2014. NH Foods Ltd. was founded in 1942 and is headquartered in Osaka, Japan. USD/JPY drops below 156 as US CPI eases and BOJ rate hike expectations increaseAn increase in rate hike expectations from the BOJ and softer US CPI data see USD/JPY turn lower
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