Japan’s leading conveyor belt sushi chain to raise prices after nearly four decades

An article in the Japanese press:

  • Sushiro, Japan’s leading conveyor belt sushi chain, will raise prices for its plates to 100 yen after nearly four decades due to rising costs and a weak yen.
  • “Because about 70% of raw materials are imported, a weak yen environment is difficult,” said Koichi Mizutome, president of Sushiro’s parent company, Food & Life Cos.

  • Mizutome also cited a shortage of fish resources and sluggish global logistics as factors.

  • Higher transportation costs also contributed to the decision.

Inflation is stirring in Japan… but food and energy seem to be the culprits and not so much underlying inflation.

A little more on the link.


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