PIETRO shares firm after announcing dressing price hikes from Jan. 1 shipments
PIETRO Co., Ltd. <2818> shares traded firmly after PIETRO announced Oct 1 it will raise prices on 10 dressing products for shipments starting Jan 1, drawing positive market reaction. PIETRO will increase prices by 3.8% to 10.0% (5 to 30 yen) on seven 280-milliliter products and three 30-milliliter single-serving products. PIETRO maintained prices on core flagship dressings after a price revision in Jan 2023, but said continuing surges in raw material costs - including edible oils - as well as rising packaging material and energy costs driven by global instability and a weak yen made it impossible to absorb cost increases through internal efforts alone.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
-
Kioxia ranks 2nd in 'rising buy forecasts' among individual investors on Minkabu
Thu Oct 1, 2026 1:33 pm JST Catalyst -
RAKUS rebounds after seven sessions, signs reseller agreement with Daiwabo Information System
Thu Oct 1, 2026 1:11 pm JST Catalyst -
HOSOKAWA MICRON ranks 4th in 'rising sell forecasts' on Minkabu individual investor sentiment
Thu Oct 1, 2026 1:06 pm JST Catalyst -
Tokyo Prime market breadth: 632 gainers, 878 decliners as of 1 p.m.
Thu Oct 1, 2026 1:03 pm JST Market -
Eltes surges to daily limit-up bid in afternoon session after signing partner agreement with X Corp.
Thu Oct 1, 2026 1:19 pm JST Catalyst -
IRISO ELECTRONICS sharply extends losses to new year-to-date low as company forecasts 36% drop in operating profit for FY3/2027
Thu Oct 1, 2026 1:04 pm JST Catalyst -
Rasa Industries rises for 3rd straight session on plan to build new high-purity phosphoric acid plant in Taiwan
Thu Oct 1, 2026 12:44 pm JST Catalyst -
Okura Industrial shares fall sharply after announcement of 1,255,800-share secondary offering, raising supply-demand concerns
Thu Oct 1, 2026 12:48 pm JST Catalyst -
Global Security Experts extends gains after capital and business tie-up with Keyware Solutions
Thu Oct 1, 2026 12:39 pm JST Catalyst -
Tokyo stocks (afternoon open) ? Nikkei average flat compared to morning close
Thu Oct 1, 2026 12:31 pm JST Market