Look at the number of sugar companies grow in Taiwan! And the total capital stock of the sugar industry jump from ¥1m to ¥125m in just 16 years! And the non-stop mergers [合併] in this competitive industry Source:『台湾糖業統計』台湾総督府殖産局、1918年 https://t.co/OIhCmXzH6O https://t.co/wbeu2nNRyI