Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
Economy Sep 30, 2013
Economy likely to suffer triple hit from simultaneous price, tax hikes
The economy is likely to take a hit from planned hikes in commodity and services prices, as well as pension system-related taxes from Tuesday as a threat from the rise in the consumption tax looms, economists say. “There is a risk that sharp price ...
Corporate Sep 11, 2013
Price rise is Yakult's first in 22 years
Yakult Honsha Co. plans to raise prices for its mainstay lactic drink Yakult and sister product Yakult Calorie Half on Nov. 4, ushering in its first hikes since April 1991. Prices are climbing for raw materials, including powdered skim milk and the plastic resin ...
Business Jul 22, 2013
Prices bite eel lovers on Day of Ox
Grilled eel remained popular on the Day of the Ox on Monday, although the summer favorite is taking a greater toll on people’s wallets these days the eel shortage pushes up prices. The scorching heat that arrived right after the early end of rainy ...
Corporate Jul 17, 2013
Kewpie to raise jam product prices for first time in 23 years
Kewpie Corp. said Wednesday it will raise prices on major jam products by 4 to 7 percent, starting with shipments on Sept. 2, due to higher costs of imported fruits amid the yen’s depreciation against other currencies. The price increase on jam products will ...
Business Jun 29, 2013
Major utilities announce rate hikes for August
The nation’s 10 major electricity companies and four major gas suppliers will make hefty price hikes in August to reflect the rising cost of liquefied natural gas caused by the yen’s decline under Prime Minister Shinzo Abe’s “Abenomics” economics policy. The fifth consecutive month ...
Corporate Jun 1, 2013
Apple raises product prices amid weakening yen
Apple Inc. has raised the prices of its iPad tablet computers and iPod music players here after a weaker yen boosted import costs. Finding itself in the same situation, Toshiba Corp. and Fujitsu Ltd. are considering following suit. Apple now sells the iPad Wi-Fi ...
Corporate May 14, 2013
With yen at four-year low, Fujitsu to up PC prices
Fujitsu Ltd. plans to raise domestic prices for personal computers because the yen’s drop to a four-year low is boosting the cost of importing components. The price increases will take effect by July and apply to models released in the summer, Chief Financial Officer ...
Corporate Apr 19, 2013
McDonald's to hike prices for first time since 2008
McDonald’s Japan warns that some burger prices will rise by as much as 25 percent next month to boost its sagging profitability.
Corporate Mar 15, 2013
Hagoromo raises tuna prices, cuts wages as yen challenges profits
Hagoromo Foods Corp. will raise prices for its mainstay canned tuna products by as much as 6.1 percent on May 1. The hikes will apply to most products in its Sea Chicken lineup as the company struggles to deal with soaring prices for yellowfin ...