Lotte Corp

LOTTE Corporation operates in food, retail, chemicals, construction, manufacturing, tourism, services, and finance worldwide. Its food business includes confectionery, beverages, liquor, food ingredients, processed foods, coffee, powdered drinks, and petcare products, and it also imports and sells wine and runs a restaurant franchise. The company operates department stores, supermarkets, convenience stores, home shopping and e-commerce platforms, and a multiplex movie theater, and it manufactures petrochemicals, aluminium anode foil, organic chemicals, acetic acid, VAM, hydrogen, office machinery, electronic instruments, synthetic resins, and synthetic textiles. It also engages in housing, architecture, civil engineering, plant construction, logistics, port operations, equipment rental, resorts, hotels, LOTTE World Tower and Mall, theme parks, golf courses, culture and arts, social welfare, education consultancy, real estate and financial consulting, and owns a professional baseball team. Formerly known as Lotte Confectionery Co. Ltd., it changed its name to LOTTE Corporation in October 2017; it was founded in 1967 and is headquartered in Seoul, South Korea.

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Nomura Real Estate HD to Open Live House in Osaka with Lotte

Nomura Real Estate Holdings announced that its subsidiary Nomura Real Estate, in collaboration with Lotte Holdings, will establish a joint venture company "BEAT PARK OSAKA" to open a live house in March 2028 at a location a three-minute walk from Shin-Osaka Station, and the facility will be named "BEAT PARK OSAKA." By adding a new mid-sized venue to Osaka's entertainment scene, they expect to expand performance opportunities and stimulate surrounding consumption. Leveraging the strengths of both companies, they will enter the live entertainment business. The stock price is holding firm.

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Meiji and Lotte to Raise Prices on Confectionery and Gum

Meiji announced on the 18th that it will raise prices on a total of 14 products, including the chocolate snacks Takenoko no Sato and Kinoko no Yama. Of these, shipping prices for 11 chocolate and snack items, including Karl Lightly Salted, Karl Cheese, and Galbo Chocolate Pouch, will rise by about 3 to 8 percent from November 1, citing persistently high raw material costs and rising logistics expenses. In addition, three beverage products, including Tsujiri Rich Matcha Latte, will see price increases of about 16 to 21 percent from October 1. Lotte also announced on the 18th that it will raise shipping prices on 18 gum products, including various Xylitol bottles, by 5.9 to 13.2 percent from September 1.

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