Japan beer sales down 32% in Oct. after price hikes
12:51 JST, November 14, 2022
TOKYO (Jiji Press) — Sales of beer and quasi-beer in Japan in October fell 32% from a year before after surging in September ahead of price hikes on Oct. 1, estimates from Kirin Brewery Co. and others showed.
October marked the first decrease in beer and quasi-beer sales in three months. Sales decreased about 30% both for household consumption and for restaurants and bars. By maker, sales volume was down 35 % at Sapporo Breweries Ltd., 33% at Kirin and 21% at Suntory Spirits Ltd. In value, sales by Asahi Breweries Ltd. declined 29%. Suntory saw beer sales rise year-on-year, thanks to a 140% increase in sales for its Perfect Suntory Beer product.
The company renewed the product while keeping the price unchanged for the canned version.
"Business" POPULAR ARTICLE
-
Japan’s Major Carmakers to Review Production Bases After Trump Win; Mexico Manufactured Vehicles Could be Hit by Tariffs
-
Japanese Companies Sprucing Up Employee Dorms to Attract New Workers, Keep Young Ones They Have
-
Japan’s Economy Expands Annualised 0.9% in Q3 on Tepid Capex
-
BOJ Policy Normalization to Support Long-Term Growth: Ueda
-
Draft of Japan Govt Economic Plan Stipulates Support for AI, Semiconductor Sectors; Increased Household Benefits, Improved Disaster Shelters also eyed
JN ACCESS RANKING
- Streaming Services Boost Anime Popularity Overseas; Former ‘Geeky’ Interest More Beloved Among Gen Z than 3 Major U.S. Sports
- Malaysia Growing in Popularity as Destination for Studying Abroad; British-style Education Available at Low Cost
- ‘Women Over 30 Would Have Uteruses Removed’; Remarks of CPJ Leader, Novelist Naoki Hyakuta Get Wide Attention
- APEC Leaders Vow to Maintain Free Trade System
- Neko Pitcher