Slimy Natto Maker Suffers in Japan Abenomics Divide
June 17 (Bloomberg) -- Almost everything Mikio Matsushita’s factory near Tokyo needs to produce natto, the fermented Japanese snack, is imported.
This reliance on imports, combined with the domestic market focus for the quintessentially Japanese product, puts Matsushita on the losing end of government policies that aid heavy exporters by weakening the country’s currency.
Bloomberg's Jacob Adelman reports. (Source: Bloomberg)