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Find the latest insights, innovations, and trends. From various news sources, we pick and summarize the most important insights, innovations, trends, and news from hundreds of reports each week in Japan.
Japanese Convenience stores look for future demand
Source: Nikkei MJ 1st Dec 2023 Amid a decline in the frequency of young people using convenience stores, various convenience store companies are actively working to create incentives for visits. Seven-Eleven Japan is expanding its lineup with new products focused on health, while Lawson is...
The December price hike includes 167 items, with dairy products ranking third in terms of the highest number within the year, including butter and cream products.
In December 2023, the price increase was most significant in the "seasonings" category, including sauce products, with a total of 505 items, marking the highest number across all food sectors. In the "Dairy products" category, comprising 167 items, the price hike was primarily driven by the impact...
What is the performance of major supermarkets in Japan?
The growth rate of total store sales was led by Summit with the highest increase at 9.2%. This was driven by the inflation of prices for agricultural products due to factors such as scorching heat. Life Corporation achieved a 6.0% increase, propelled by the success of their price-focused private...
A price increase after approximately one year.
On the 27th, KAGOME announced that it would increase prices for food items such as tomato ketchup and beverages like tomato juice, starting from the deliveries on February 1, 2024. The targeted items for households include 147 products, including "野菜生活100(Yasai seikatsu100※)" with price increases...
Price increase, a pause in meals/ daily necessities take another step up.
Survey of 100 manufacturers: Overall, a decrease of 11 points; 50% reported a reduction, especially for supermarkets.There is a sense of relief in the face of price hikes by various consumer goods manufacturers. According to a survey conducted by Nikkei MJ between October and November on the price...
Challenges and Limits of Fresh Food Drugstores Emerge in Rapid Growth, and the Supermarkets’ Counterattack.
Investment in fresh food reinforcement is also accelerating. The impressive growth of Food & Drug shows no signs of stopping.Source: Diamond chain Nov 24th 2023Discover the factors influencing food supermarkets.Further emerging as a rising star in the food and drug industry is "Welcia Plus,"...
Don Quijote achieves record profits with the highest earnings in the final quarter from July to September, driven by an increase in inbound tourists.
The global wave of inflation is pushing consumers towards DS business formats. Let's explore the insider details.Source:Nikkei Nov 10th 2023With the booming rise of foreign tourists in Japan, inbound consumption thrives.Pan-Pacific International Holdings, the operator of the discount store "Don...
Buckwheat benefits product innovation
Source: Japan Buckwheat millers association. Japan Federation of Drynoodle Manufacturers Associations, Martner Japan market researchThe history of buckwheat in Japan dates back to 794. Now is the season for Shin-soba, featuring fresh buckwheat. Shin-soba is typically available from late October...
Rising Continuous Demand for Functional Foods: Manufacturers Seize Opportunities with Lactic Acid Bacteria and Acetic Acid Bacteria
Source:11/24/2023 Nikkei MJ Kewpie aims 10 billion yen sales by2030 with Lactic acid bacteria.Kewpie Corporation is expanding its business related to acetic acid bacteria. They plan to release a supplement in December that includes a developed proprietary ingredient, claiming to support immune...
2023 year trend women aged15-24 years in japan!
Source:SHIBUYA109 ENTERTAINMENT CO., LTD. Lots of trends is related to Krean boom.SHIBUYA109 Entertainment (Shibuya, Tokyo), operator of SHIBUYA109, has announced the results of its 2023 trend survey of women aged 15-24. The consumption trend reflects the increase in the number of people...
Beaujolais Imports See First Increase in 11 Years in Japan, Also featuring “Beaujolais meals” that pair well with wine
Source: Nikkei MJ 11/22/2023 , Life website, AEON de Wine Website. Suntory WebsiteBaujolais Nouveau Wine 2023 started. Aiming to Establish the 'Japanese Version.Beaujolais Nouveau, the French wine from the Beaujolais region, was released on the 16th, with the 2023 import volume set to rise by 20%...
Black Friday Retailers in Japan
Source: Nikkei MJ 11/22/2023Black Friday in Japan featuring the highest number of products in retail history"Black Friday retail battles are intensifying among various companies. Aeon has increased its product offerings by 40% compared to last year, while Ito-Yokado has expanded its selection by...
How can you sell your products to Seven Eleven in Japan? Learn about their latest strategy.
Source: Seven Eleven website, Nikkei MJ 11/17/2023Seven Eleven Japan example; Big retailers in Japan is willing to be leader in environmentally friendly products.Seven-Eleven Japan is significantly expanding its eco-friendly "Mirai Deli" product line, featuring plant-based curries, pasta, and...
The trend of drugstores becoming more like supermarkets shows no signs of slowing down.
Source: NIKKEI MJ 11/20/2023, Welcia 2023 factbook1USD=149.45JPY Supermerketization of drugstores continues to grow.The "supermarketization" of drugstores continues unabated. Drugstores are expanding their sales of inexpensive meat and fruits and vegetables, and taking customers away from...
Sweet potato new innovative products
Sweet potatoes, immensely popular worldwide, also enjoy great popularity in Japan. Every autumn, numerous new sweet potato-flavored products are released. Japan boasts approximately 60 major varieties of sweet potatoes. The mainstream varieties, such as 'Beni Azuma,' 'Naruto Kintoki,' and 'Kokei...
Seven-Eleven Introduces “Freshly Brewed Black Tea” at Storefront
Seven Eleven, will it continue the success of Seven Cafe with freshly brewed tea? Aiming to expand its footprint, the company targets the establishment of 1,000 stores within the next 3 years. Convenience store tea" may become as popular as coffee with the development of tea by the largest...
What is the source of the performance disparity among various supermarket companies？
Impressive Financial Results: 9 Listed SM/GMS Companies Thrive in FY2023 1H. Strong performance across the board fuels success. Is this the end of deflation?In H1 2023, Food Supermarkets (SM) and General Merchandise Supermarkets (GMS) reported rising revenue and profits, overcoming challenges from...
Net Profit Surpasses Market Expectations
The Performance of Supermarkets Amidst the Whirlwind of Food Price Increases.Listed Companies' Performance Significantly Exceeds Market Expectations – Is This the Start of a Definitive Escape from Deflation?Source: Nikkei Nov 1７th 2023In the July-September period, 104 companies, accounting for 59%...