ITO EN Ltd - Company Overview and Analysis, 2023 Update
Summary
Company Analysis: ITO EN Ltd, reports key findings as of 4th July, 2023 based on market analysis and brand diversification by industry and geography.
Japan based ITO EN Ltd (ITO) is a manufacturer and distributor of non-alcoholic beverages and tea related products, with most of its sales coming from the nonalcoholic beverages sector (99.2%). ITO’s business is majorly concentrated in Asia. Japan, Indonesia, and Hong Kong (China SAR) were the top three markets for the company in 2022. The company also has its operations in North America and Africa regions. GlobalData’s thematic scorecard shows that ITO is placed at the third position in the thematic scorecard with a score of five in two themes. The company is actively investing under environmental, social, and governance (ESG) and health & wellness themes.
Scope
The majority of ITO’s business was concentrated in Asia in 2022
Non-alcoholic beverages sales are set to grow across all regions except Africa
ITO plans to expand its tea business in North America
Investments in new product launch drove the surge in sentiment score
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