News On Japan

Rising Sugar Costs Leave Bitter Taste for Confectionery Lovers

TOKYO - Sugar prices are on a firmer upward trend as concerns grow over the impact of Middle East tensions and the weaker yen, raising the prospect of further cost pressure on confectionery and other food products.

Major sugar producer Wellneo Sugar will raise shipment prices for some products by 3% to 5% from August 20.

DM Mitsui Sugar, the industry’s largest company, has also decided to raise prices by at least 3% from August shipments, showing that price increases are spreading as the effects of instability in the Middle East continue.

The rise is already being felt in confectionery prices. In the consumer price index for May, cake prices climbed 5.8%, while cream puffs rose 11%, marking notable increases among sweets.

People in the Western-style confectionery industry have voiced concern about rising costs caused by the weaker yen, saying that even if the Middle East situation stabilizes, concern is growing over the impact of currency weakness.

Source: FNN

News On Japan
POPULAR NEWS

As of 10 p.m. on August 4, large and very strong Typhoon No. 13 (Dolphin) was moving west southwest of Chichijima, bringing severe weather to the Ogasawara Islands before an expected approach toward the Daito Islands and Okinawa later in the week.

The death toll from the Kumamoto earthquake has risen to 38, while more than 8,200 people remained in evacuation shelters on August 4, one week after the disaster struck.

Japan's Immigration Services Agency on August 4 released draft guidelines that would tighten the requirements for foreign nationals seeking permanent residency, including new income and pension standards designed to ensure applicants have economic conditions equal to or better than those of Japanese people.

Six airlines, including All Nippon Airways, Japan Airlines and Air Do, will move the baggage check-in deadline for domestic flights at Haneda Airport to 30 minutes before departure from September 1.

The conflict involving Iran, the United States and Israel may be entering a more dangerous phase, with Tehran appearing increasingly willing to initiate attacks rather than merely respond to US strikes, while disruptions around the Strait of Hormuz threaten oil and liquefied natural gas supplies worldwide.

MEDIA CHANNELS
         

MORE Business NEWS

Tokyo stocks edged higher on August 4, with the Nikkei 225 closing at 63,957.53, up 202.63 points, or 0.32%, as buybacks in artificial intelligence and semiconductor-related shares helped offset caution over further yen-buying intervention and a weaker tone in some exporters.

Suntory Holdings is turning to a specialized corporate intelligence unit led by a former Mitsubishi Corporation researcher to assess the duration of Iran’s effective blockade of the Strait of Hormuz and protect supply chains threatened by soaring energy and raw-material prices.

Nissan Motor returned to profitability in the April-June quarter of 2026, posting net income of 3.761 billion yen as cost-cutting measures and a weaker yen helped the struggling automaker end eight consecutive quarters of losses.

Off-price apparel stores selling new clothing at discounts of up to 90% are attracting growing interest in Japan as prolonged inflation pushes consumers to seek cheaper alternatives, with Geo Holdings planning to increase its Luck Rack chain roughly tenfold to 500 locations by fiscal 2035.

Tokyo stocks fell on August 3, with the Nikkei 225 closing at 63,445.53, down 1.4%, as electronics and auto shares were sold after coordinated U.S.-Japan yen-buying intervention drove the currency sharply higher, cutting into the weak-yen support that had underpinned exporters.

Business sentiment among Japanese companies operating in China deteriorated in the first half of 2026, with 44% reporting that conditions had worsened or somewhat worsened as tensions between Japan and China weighed on corporate confidence.

Tokyo stocks surged on July 31, with the Nikkei 225 closing at 64,362.02, up 2,494.59 points, as a sharp rebound in Asian semiconductor shares and strong U.S. technology earnings outweighed caution over the Bank of Japan’s decision to keep interest rates unchanged while warning that inflation risks remain tilted to the upside.

The yen surged in foreign exchange trading on July 30, briefly strengthening into the 157 range against the dollar, as Japan's top currency official declined to rule out the possibility of coordinated intervention with the United States.