Kewpie and Ajinomoto to Raise Seasoning Prices

Corporate Action
โดย 時事通信·JP·Read original
Summary · why it matters

Kewpie announced on the 1st that it will raise prices by approximately 3-25% for a total of 224 items, including household seasonings such as mayonnaise and dressings, as well as pasta sauces, starting with shipments on November 1st. The reason is the rise in raw material costs, packaging material costs, and energy prices against the backdrop of the Middle East situation. The flagship product "Kewpie Mayonnaise" (450 grams, suggested retail price) will be raised from 559 yen to 611 yen. Ajinomoto also announced on the same day that it will raise the shipping prices of a total of 37 household products, including the umami seasoning "Ajinomoto" and seasoned salt "Ajishio", starting with deliveries on December 1st. The increase will be approximately 5-15%, and this is the first price increase for "Ajinomoto" since January 2023.

Impact on stocks 2

Synthetic Biology (non-pharma) · 1 stocks
Ajinomoto Co., Inc.
2802
▲ PositivePricingrelevance

Ajinomoto raises shipping prices 5-15% on 37 household products including its flagship umami seasoning, its first hike since Jan 2023.

Aging Population · 1 stocks
Kewpie Corporation
2809
▲ PositivePricingrelevance

Kewpie raises prices 3-25% on 224 items including Kewpie Mayonnaise, citing raw material, packaging and energy costs.