According to an estimate by Yano Research Institute Ltd, the pet market in fiscal 2025 grew 0.8 percent from a year earlier to 1.93 trillion yen. The market is expected to remain solid on strong demand for health-conscious products, including food for senior pets. Appearing at a launch event with his pet "Nono-chan," Eijiro Ota, chairman and CEO of Morinaga, said, "The pet market is extremely promising amid a declining birthrate and an aging population." Ota said the aim is to "create a world where pets and their families together can smile."