TOKYO -- Makers of instant food were the go-to stocks in the Japanese market recently, poised to benefit from the social distancing trend, but now the shares are undergoing a correction.
Markets
Japan's stay-at-home food stocks lose immunity to downturn
Shares fall as restaurant closures cancel out consumption by shut-ins
Frozen fried rice by Nichirei sold at a supermarket. Investors initially snapped up food sector stocks anticipating a demand surge from consumers staying at home.
Read Next
Latest on Markets
