Business · Companies · 2 hrs ago

Japan’s beer-category sales rose 2% in September ahead of tax changes

Japan’s beer-category sales rose 2% in September ahead of tax changes

Sales of beer and similar drinks in Japan rose 2% in September from a year earlier, the first increase in three months.

The rise was driven mainly by happoshu, a lower-tax beer-like drink, as shoppers bought it before its tax rate increased on October 1.

Happoshu sales rose 12%, while sales of third-category beer fell 5% despite a planned tax increase.

Suntory was shifting its Kinmugi brand from third-category beer to beer in October, so retailers focused on securing the new version and ordered less of the old one.

Retailers also held back orders because tax rules required adjustments on alcohol already in distribution when the new rates took effect.

Sales for home use, including canned beer, rose 3%, but sales to restaurants and bars fell 4% amid poor weather.

The sales figures cover Japan’s four major brewers, which are also under a Fair Trade Commission investigation over suspected coordination of beer prices.

What people are saying

Industry sourceIndustry representative
brand image could be damaged, and the momentum that should have been building could cool all at once. October sales cannot be expected to grow as much as hoped
via Nikkei

Sources

Related news