#Japan #Tokyo #Dairy Products #Meiji #Price Revision

Meiji Co., Ltd. Announces Price Revisions and Volume Changes

In a significant announcement dated October 2023, Meiji Co., Ltd. (CEO: Katsuya Matsuda) revealed plans to adjust prices and product volumes for various dairy items starting in 2025. The changes are prompted by rising production and distribution costs, attributed to global demand boosts and increasing energy prices.

Starting from shipments scheduled on July 1, 2025, consumers can expect adjustments in the prices of cheese and various butter products, with increases ranging from approximately 3% to 11%. The following month, on August 1, 2025, yogurt, milk, beverages, protein drinks, and delivery-exclusive items will also see price hikes ranging from 2% to 17%. Come September 1, 2025, ice cream, long-life creams, and soups will undergo price adjustments of about 10% to 12%.

Additionally, on September 1, 2025, the company will implement changes to the volumes of specific cheese products, reducing their sizes by about 20%.

This decision is influenced by a host of market factors, including consistently high prices for raw materials due to expanding global demands, labor shortages, and escalating energy costs linked to ongoing social conditions. Furthermore, the rising costs of feed have particularly impacted the milk production sector, resulting in increased raw milk transaction prices.

Overview of the Affected Product Groups

The revisions will affect a total of 184 items across various categories. Below is a brief summary of the product groups involved:

• - Cheese: 16 items
• - Butter and Fats: 7 items
• - Yogurt: 60 items
• - Milk: 13 items
• - Beverages: 19 items
• - Protein Drinks: 15 items
• - Delivery-Exclusive Items: 23 items
• - Ice Cream: 20 items
• - Long-Life Creams: 3 items
• - Soups: 8 items

Detailed Revision Schedule

The revision schedule spans several months, as follows:
1. From July 1, 2025:
- Cheese: 13 items with price increases of approximately 3% to 4%.
- Butter & Fats: 7 items with price increases of around 3% to 11%.

2. From August 1, 2025:
- Yogurt: 60 items (2% to 17%)
- Milk: 13 items (2% to 17%)
- Beverages: 19 items (2% to 17%)
- Protein Drinks: 15 items (2% to 17%)
- Delivery-Exclusive Products: 23 items (3% to 9%)

3. From September 1, 2025:
- Ice Cream: 20 items (5% to 9%)
- Long-Life Creams: 3 items (10%)
- Soups: 8 items (10% to 12%)

The company has historically endeavored to absorb rising costs through various strategies. However, the current landscape presents challenges that necessitate these changes to maintain product quality and safety for their customers.

Meiji Co., Ltd. has requested understanding and support from its customer base during this transition. The move aims to not only stabilize the company’s operations but to continue delivering high-quality products expected by consumers.

For details regarding specific product changes, Meiji has provided an extensive list of all affected items that corresponds to the new pricing model. This information serves to keep consumers informed about their beloved brands and products as they adapt to inevitable economic conditions.