Major beverage makers said Monday they will increase the prices of beverages sold in vending machines when the consumption tax is raised next month.
The rate will be raised to 8 percent from the current 5 percent.
Suntory Beverage & Food Ltd., the soft drink unit of the Suntory group, said it will increase prices for many of its drinks sold in vending machines by ¥10 from April 1.
Asahi Soft Drinks Co. and Dydo Drinco Inc., a major seller of vending machine canned coffee, also announced plans to raise beverage prices.
The Coca-Cola (Japan) Co. group said last week it will raise the prices of its canned drinks, including cola and coffee, sold in vending machines by ¥10 to ¥130 due to the tax hike.
Suntory Beverage & Food said it will increase the price of its Iyemon green tea brand that comes in 500-ml PET bottles from ¥150 to ¥160, while its Boss coffee in 185-gram cans will be priced at ¥130, up from ¥120.
Suntory’s mineral water will remain unchanged at ¥110.
Asahi Soft Drinks, a unit of the Asahi group, will raise the prices of most of its beverages other than bottled mineral water by ¥10 starting in April.
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