Rengo announced that it will raise prices for corrugated cardboard products by 10% or more from current levels for products delivered from January 2027, sending its shares sharply higher in the morning.
Rengo announced that it will raise prices for corrugated cardboard products and other items by 10% or more from current levels for products delivered from January 2027. The price increase is seen as potentially extending across the company’s entire product range and as a response to factors including rising raw-paper prices. The company’s shares came under strong buying pressure following the announcement. Details of the specific increase and scope of application are reported in the main article.
In trading during market hours, the stock was up ¥81 from the previous day at ¥1,598.50 as of 1:10 p.m. and remained at a high level through the afternoon. Market participants cited the formal announcement of the price increase as the background to the sharp rise and said the impact of future price pass-through would be closely watched. The article links the company’s pricing strategy with movements in its share price.
The news was provided as a special feature by Nikkei and is said to have the potential to affect trends in the corrugated cardboard industry, raw-paper markets and the pricing strategies of other companies. Readers are advised to follow developments, focusing on the timing of the price increase, details of transaction terms and its potential impact across the industry.