Suntory to raise prices on selected products in Japan from 1 Oct

The recommended retail prices for these products will increase by +6 to +32%.

Suntory Beverage & Food Limited has announced upcoming price revisions for certain products in Japan, set to take effect from shipments made starting 1 October.

In a statement, the company said factors contributing to these rising costs include the depreciation of the yen, limited supply of agricultural produce, and increased processing fees due to rising personnel costs. Meanwhile, the outlook for manufacturing costs remains uncertain, further necessitating these price revisions.

ALSO READ: F&B leads Asia Pacific retail activity

The changes will affect certain products in Japan, including PET bottles. The recommended retail prices for these products will increase by +6 to +32%.

“Going forward, the company will continue to make even greater efforts aimed at rationalisation in order to achieve further cost reductions, whilst striving to provide our consumers with high-quality products that enrich their lives,” the group said.

Follow the link for more news on

Suntory

Also Read

Jumbo Gold and Diamonds shifts to retail with Mark Gabriel Fine Jewellers

China's F&B sector growth to slow on back of soft economy

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit