House Foods Group announced that it will raise prices by 7% to 24% on 26 staple products, including Malony-chan, from February next year. It said that maintaining current prices has become difficult amid soaring raw material costs and other expenses.
House Foods Group announced that it will raise the recommended retail prices of 26 products, including the staple hot-pot ingredient Malony and Umakacchan, from February next year. The price increases will range from 7% to 24%.
Examples of the specific revisions include Malony-chan 180, which will change from ¥371 to ¥427; the Umakacchan five-pack, which will change from ¥680 to ¥730; and the bottled C1000 Vitamin Lemon drink, which will change from ¥130 to ¥148.
The company cited soaring raw material costs, as well as higher labor and logistics costs, as reasons for the price increases, explaining that maintaining current prices would be difficult through the company's own efforts alone.