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Business trends

Half of Japan's eateries plan price hikes this year

Nikkei survey shows restaurants struggling with labor and ingredient costs

The Matsuya beef bowl chain raised the price of a regular-size beef bowl to 320 yen from 290 yen last month. (Photo by Ryosuke Eguchi)

TOKYO -- Spending more on ingredients and increasingly scarce workers, nearly half of restaurant operators in Japan plan to raise prices this fiscal year, a Nikkei survey shows.

The poll from mid-March to late April targeted 551 companies with food service as their main business. A total of 324 responded, with 45.4% saying they will increase prices by the end of fiscal 2018.

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