Business | Sep 27

McDonald's Japan raises prices again on higher ingredient costs

TOKYO, Sep 27 (Nikkei) - McDonald's Holdings (Japan) will raise menu prices for the second time this year, the fast-food chain said Monday, seeking to offset higher ingredient costs caused by a weak yen.

Prices will increase between 10 yen and 30 yen (7 cents and 21 cents) for a range of products starting Friday.

A plain hamburger will cost 150 yen, up 20 yen, translating to a nearly 40% jump from 110 yen before the previous price increase in March. Some menu prices for delivery service also will go up. ...continue reading


MORE Business NEWS

In a historic move, the Japan Fair Trade Commission (JFTC) has issued its first administrative sanction against American tech giant Google.

The "V-Point" service, now Japan's largest point-based loyalty program, officially began on Monday, boasting approximately 150 million members.

According to estimates from the International Monetary Fund (IMF), Japan's nominal GDP is projected to reach approximately $4.31 trillion by 2025.

POPULAR NEWS

A cherry tree located at one of Kyoto's busiest pedestrian streets, Sanneizaka, a main pathway to Kiyomizu Temple, suddenly fell at 11:45 AM on Tuesday, trapping a school teacher beneath.

The biannual Spring Garden Party, hosted by the Emperor and Empress, took place at Tokyo's Akasaka Imperial Garden on Tuesday, with Princess Aiko gracing the event, warmly engaging with the guests.

The site of the former Tsukiji Market is set for a major transformation, including a stadium with a capacity of 50,000 people and a launch pad for flying cars.

The Nagoya District Court delivered a severe sentence on Monday to Mai Watanabe, 25, who operated under the alias "Itadakijoshi Riri-chan (Riri the sugar baby)" and was charged with fraudulently obtaining cash from men. She has been sentenced to nine years in prison and fined 8 million yen.

In a historic move, the Japan Fair Trade Commission (JFTC) has issued its first administrative sanction against American tech giant Google.

FOLLOW US