Meiji Holdings and General Mills Financial Statements Comparing

Brief Review of the General Mills Company
General Mills is one of the largest companies worldwide in the food and beverages industry. The company boasts of a capital base of approximately 33 billion dollars, which is a significant amount. The company was inaugurated in the late 920s and ever since the company manufactures and markets food products that are sold in retail stores (General Mills, 203). In addition to branded processed foodstuff, the company produces and supplies unbranded food products (General Mills, 203). The company mostly deals in three central areas, the foodservice and bakeries, United States retail, and the international sector (General Mills, 203).
Furthermore, General Mills sells ready-to-eat breakfast cereal. In 202, the company obtained Yoki Alimentos SA and Food Should Taste Good, a firm situated in Needham Heights (General Mills, 203). Over a long period, the gross income for General Mills has increased from 6.7 billion dollars to 7.8 billio

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n dollars (General Mills, 203). Most outstandingly, the company has been successful in plummeting costs related to broad management and selling from 20.29% to 9.99% (General Mills, 203). This was its greatest achievement and the backbone of the companys growth from .6 billion dollars to .9 billion dollars (General Mills, 203).
Brief Review of the Meiji Holdings Co., Ltd.
Meiji Holdings Co., Ltd. is a conglomerate involved in many industries. The company is based in Asia, Europe, and North America but its headquarters is in Tokyo, Japan (Meiji Holdings, 203). This is a major company with a human capital of over 4,000 employees. The companys revenue collection is also a major success with its record of 3, 603.9 million dollars in the financial year ending in March 203 (Meiji Holdings, 203). This was a .6 % increment from the previous year. The company recorded a 28.% rise in its profits in the same year, which was an indication of good business.
Accounting Standards Used

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