And did I miss the moat or did you not explain it? 😊
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@GeldGenie Kikkoman is not only the number one soy sauce manufacturer in our country, but also the absolute market leader in Japan with other products. And this despite the fact that they are in the mid-price segment. In other words, they are premium products at affordable prices. Similar to the products from Procter Gamble. The popularity in the domestic market ensures that there is hardly any serious competition.
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