The Tokyo foreign exchange market on the 20th temporarily dropped to the low 129 yen level per dollar, which was the first depreciation of the yen in 20 years.

After that, there was a movement to buy back the yen, and the price movement became large, such as in the low 128 yen range.

Japan Paper Association "It's really hard to work by multiplication"

Regarding the rapid depreciation of the yen in the foreign exchange market, Toru Nozawa, chairman of the Japan Paper Association, said at a regular meeting on the 20th, "The prices of raw materials and fuels are rising significantly and the yen is depreciating. It works by multiplication. It's really tough, "he said, expressing concern that the paper industry, which imports wood chips and coal, would have a large impact on management.



On top of that, Chairman Nozawa said, "The biggest problem in management is sudden fluctuations in exchange rates. If it fluctuates suddenly, it will be difficult to take countermeasures and it will be a follow-up. I am very worried."

Coffee bean import specialty store “I have to consider raising the price”

A specialty store in Kure City, Hiroshima Prefecture, which imports coffee beans from all over the world, says that if the yen continues to depreciate, it will have to consider raising prices.



This store imports and sells 40 types of coffee beans from 20 countries such as Brazil and Colombia, about 40 tons per year.


In Brazil, the world's largest producer of coffee beans, production has declined due to frost damage, and distribution costs have continued to rise, so purchase prices have risen since last summer.



The rapid depreciation of the yen is adding to that.


Purchase prices from overseas have more than doubled compared to July last year.

For this reason, if the yen continues to depreciate and the existing inventory runs out, we will consider raising the price.



Since there are many fixed customers, we believe that we can gain a certain understanding of price increases, but we would like to enhance our services.



Shuhei Hosono, CEO of "Baku Coffee Shop", said, "The yen is depreciating and the situation is very difficult with double punches. The biggest concern is not knowing where to stop. Even if the price is raised, customers will be satisfied. I want to add value. "