Meiji and Lotte to Raise Prices on Confectionery and Gum

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

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.

Impact on stocks 2

Electrification & Mobility · 1 stocks
Lotte Corp
004990
▼ NegativePricingrelevance

Lotte raises shipping prices on gum products, a direct pricing action due to cost pressures.

Biotech & Genomic Medicine · 1 stocks
Meiji Holdings Co., Ltd.
2269
▼ NegativePricingrelevance

Meiji raises prices on confectionery and beverages due to high raw material and logistics costs, which may pressure volume but is a direct pricing action.